CERTIFIED PROFESSIONAL FINANCIAL MANAGER (CPFM)

There are five main objectives of the CPFM program:

1. Establish financial management as a recognised profession.
2. Identify the role of financial management.
3. Develop higher educational standards in the financial management field.
4. Establish an objective measure of an individual's knowledge and competence in the field of financial management; and
5. Encourage continued professional development for those who are engaged in financial management.

The CPFM program has been designed to recognise the unique qualifications and expertise of those professionals engaged in financial management.  The CPFM designation is intended to provide distinction in today's economic climate and affords the opportunity to certify your proficiency in the business areas that are critical to the decision-making process and the field of financial management.

EDUCATIONAL REQUIREMENTS

To be eligible to apply for the CPFM qualification candidates must fulfil both educational and                 experience requirements.

1. Hold a degree in a management-related area, from a recognised college or university. All transcripts must be submitted in English and show the offical seal of the college or university.
2. Apply for admission into certification program.
3. Register for certification theses.
4. Pass the three CPFM certification parts.
   
5. Have relevant work experience and satisfy the following experience requirements:

• Have three years' experience in a commercial, management or financial environment, or
• Have spent at least three years in academia in similar areas.

TEST CONTENT

Part 1: Financial Management and Analysis                                    5,000-word thesis

Part 2: Corporate Finance                                                            7,500-word thesis

Part 3: Options, Futures and Other Derivatives                              10,000-word thesis

Part 1: GBP 95                 

Part 2: GBP 145               

Part 3: GBP 195               

Cost of Certificate:             GBP 95 (except IPFM members GBP 45)

EXEMPTIONS

In case the applicant has other academic/professional certificates, they can obtain an exemption from the first two parts. There are no exemptions from the Part 3.

BENEFITS

• The privilege of using the letters CPFM, which are internationally recognised as a UK qualification.
• Increased self-esteem and pride in one's work.
• Increased ability to manage a complex financial operation.
• Demonstration of commitment to one's chosen profession.
• Enhanced career opportunities.