Certified Investment Management Analyst Certification - CIMA

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Fall 2014: October 13-17, 2014

Spring 2015: March 16-20, 2015

Location:  Carnegie Mellon University
Tepper School of Business
Executive Education Center
Pittsburgh, PA 15213

Fee:  $5,800 $4,900 (limited time discount)

Leveraging the intellectual excellence of its world-class faculty, the Tepper School of Business joins with the Investment Management Consultants Association® to prepare investment professionals to attain the industry’s most respected credential – the Certified Investment Management Analyst® (CIMA®) certification.

  • Benefits of CIMA Certification

    The CIMA certification program is the only credential designed specifically for financial professionals who want to attain a level of competency as advanced investment consultants. The benefits of certification are many:

    • Differentiation – the CIMA certification is widely recognized as the most elite in the investment industry – in fact, it is the only financial services certification accredited by the American National Standards Institute (ANSI)
    • Elite Clientele – more than half of financial practices with a CIMA professional advise high-net-worth & ultra-high-net-worth clients
    • Higher Compensation – 33% of CIMA advisors earn more than $380,000 annually
    • Greater Satisfaction – Research shows CIMA advisors are more satisfied with their careers than other advisors
  • Program Overview

    The Tepper School of Business program will prepare candidates for CIMA certification across five core topic areas:

    • Modern & post-modern portfolio theory
    • Developing & recommending investment policy (individual and institutional)
    • Performance measurement & manager selection
    • Recommending specific investments
    • Ethics & legal implications

    Coursework is divided across the five-day program with daily review sessions and a comprehensive final exam.

  • Participants

    Tepper School of Business offers the education component of the 5 step certification process. Once you pass the Qualification Exam you are ready to enroll with Carnegie Mellon.
    • ·APPLY  Submit a CIMA certification program application to IMCA
    • ·QUALIFY  Pass the Qualification Examination
    • ·COMPLETE THE TEPPER EDUCATION PROGRAM Enroll and complete the Tepper education program
    • ·PASS EXAM Pass CIMA certification examination
    • ·LICENSING Adhere to IMCA’s Code of Professional Responsibility, Standards of Practice & Rules / Guidelines for Use of Marks
    The program content is also suitable for individuals looking to further knowledge of the investment management industry without pursuing the full certification.
  • Faculty

    Distinguished Program Faculty include:


    Burton Hollifield
    PNC Profesor of Finance - Tepper School of Business, Carnegie Mellon University

    Burton Hollifield holds the PNC Professorship of Finance as a Professor of Financial Economics. Professor Hollifield received his Ph.D. from Carnegie Mellon, Masters degree from Queen’s University at Kingston and Bachelor degree from the University of Calgary.Research interests include asymmetric information in financial markets, insider trading, limit order markets, portfolio theory, asset pricing.


    Michael Gallmeyer
    Associate Professor Commerce, McIntire School of Commerce, University of Virginia

    Professor Gallmeyer specializes in studying how market imperfections influence security prices and trade. His current research focuses on taxation, trading constraints, liquidity, and monetary policy. Before joining the McIntire faculty, Professor Gallmeyer was on the faculty at the Mays Business School at Texas A&M University and the Tepper School of Business at Carnegie Mellon University. He has published in leading academic journals such as Journal of Financial Economics; Journal of Monetary Economics; Review of Finance; Mathematical Finance; and Journal of Economic Dynamics and Control. He has also presented his research at numerous universities and conferences. Professor Gallmeyer serves as an associate editor for Mathematics and Financial Economics.


    Bryan Routledge
    Associate Professor of Finance, Tepper School of Business, Carnegie Mellon University

    Bryan R. Routledge is an Associate Professor of Finance and a member of Carnegie Mellon’s Center for Computational Finance. He completed his Ph.D. at The University of British Columbia, holds a Bachelor of Commerce from Queen’s University, and is a chartered accountant. His research covers a broad array of topics in financial economics. Recent research has focused on the link between individual and asset market behavior. For example, understanding the link between ambiguity and market liquidity and the implication of downside risk for equity returns.Professor Routledge’s teaching includes corporate finance and venture capital and private equity to the MBA students in the Tepper School of Business at Carnegie Mellon. He has twice received the George Leland Bach Teaching Award for excellence in the Master’s Program. Professor Routledge is also an experienced executive education presenter, conducting customized finance programs for companies in industries such as energy, retail and pharmaceuticals.


    Roger Gibson, CFA

    Roger Gibson  is best known as the author of the investment classic, Asset Allocation: Balancing Financial Risk (McGraw-Hill). First published in 1989, it was released recently in its fifth edition and remains a best-selling book on asset allocation. Investment Advisor magazine awarded Gibson the Dow Jones Portfolio Management Award in the category of book publication for this work. The award is given to individuals who have “contributed significantly to the art and science of portfolio management.”  The book has been published in German, Japanese, Korean, Chinese, Indian, and Russian editions.Gibson has been a frequent speaker at national conferences for investment professionals for over 25 years. Financial Planning magazine recognized him as one of the “movers and shakers” of the financial services industry. He is a steering group member and a past Chairman of the Committee for the Fiduciary Standard, a group of leading financial advisors working to uphold stricter standards for all of those who provide investment advice. Gibson earned his MBA from Carnegie Mellon University.  He is the Chief Investment Officer of Gibson Capital, LLC, a Registered Investment Advisor serving high net worth individuals and institutional clients nationwide.


    Christopher J. Sidoni, CFA, CFP

    Christopher J. Sidoni, CFA, CFP® is the Director of Investment Research and Partner of Gibson Capital, LLC, located in Wexford, Pennsylvania. Sidoni has professional experience ranging from high net worth portfolio management to comprehensive financial planning. As an investment advisor with Gibson Capital, Sidoni manages all aspects of client relationships. As Director of Investment Research, he directs the firm’s investment research and due diligence efforts. Sidoni is a contributor to the fifth edition of Roger C. Gibson's book, Asset Allocation: Balancing Financial Risk, published by McGraw-Hill. He speaks at educational conferences for professional audiences on the topics of asset allocation, portfolio design, and investor behavior. Sidoni earned his Master of Business Administration degree from the Tepper School of Business at Carnegie Mellon University. He holds the professional designations of Chartered Financial Analyst (CFA) and Certified Financial Planner® (CFP®).