CIMA® Application Process


What you will learn, where you can earn your certification, cost, program format and how to apply.



CIMA® Certification Application Process


Submission of an application will result in a background check conducted by Investments & Wealth Institute staff. Within ten business days, prospective candidates will be notified of official acceptance into the program.

Application Fee:

US$995—includes application fee, background check and initial attempt at the Certification Exam





Candidates can enroll in an education program offered by one of the approved Registered Education Providers listed below once their application is accepted.

  • Yale School of Management
  • The Wharton School, University of Pennsylvania
  • The University of Chicago Booth School of Business
  • Investment Management Research Program – Australia



The Certification Exam is a 5 hour, computer-based examination administered at local Pearson VUE testing centers or through Proctor U for online testing.

A number of independent providers offer online and in-person study resources to help candidates prepare for the Certification Exam.



Time Commitment: Successful candidates report studying for approximately 150 hours, and using a variety of resources when preparing for the CIMA Certification Exam. Including, but not limited to, the executive education program completed through an approved registered education provider.



Once Investments & Wealth Institute receives successful exam results from the testing center, candidates will receive an email to complete three final steps.

  • Document a minimum of three years of verified work experience in financial services and pass a second background check.
  • Sign an agreement to adhere to the Investments & Wealth Institute’s Code of Professional Responsibility and the appropriate use of the certification marks.
  • Pay an initial certification fee.

Key Takeaway
How advisors can help clients and themselves build personal resiliency to the challenges created during the pandemic

You have world-class choices about where to earn your CIMA® certification

Choose your path to become a Certified Investment Management Analyst® professional. Not sure which educational provider program is right for you? Compare and choose from online, hybrid or in-person classes.

Registered Education Provider Yale-SOM_Exec-Ed_exdent wharton_logo chicago-booth_logo-2 Portfolio Construction Forum_logo
Contact Information

Jim Dobbs,
CIMA®, CPWA®, CFP®, Program Director
+1 720-224-1530
Online Education Program
Toby Moskowitz, Ph.D., Faculty Advisor

Email: Jim Dobbs

Megan McAnany,
Associate Director
Client Relations
+1 215-746-2201
Email: Megan McAnany

Rebecca Meyer,
Associate Director
+1 312-423-8037 
Executive Education
+1 312-464-8732 
Email: Rebecca Meyer

Graham Rich,
Portfolio Construction Forum,
Sydney, Australia
+61 2 9247 0496
Email: Graham Rich

Executive Education Cost* US $4,500 US $4,850 US $4,950 A $2,995 for practitioners (subsidised by a 50% bursary). A $5,995 for all other candidates.
Application Cost US $995 US $995 US $995 US $995
Test Prep        
Includes Wiley test prep   X X  
Includes Education provider-based test prep X   X X
Initial Certification Fee US $395 US $395 US $395 US $395
*Costs are subject to change
Test Prep Format Online 4.5 days in-person, OR 2-week virtual course 2 day in-person, or virtual test prep workshop Test prep Included for the education program exam PLUS the CIMA® certification exam
Length Self-Paced 2-month optional pre-study, plus virtual OR in-person course ~3.5 month scheduled education program with weekly live virtual sessions 120 days, commencing March 1 each year. Enrollment opens each year in September
Program Includes 2 day in-person, or virtual test prep workshop

Online Program includes: readings, an investment math knowledge quiz, a math review, and a calculator tutorial.

In-Person Program includes: accomodation and meals

Program includes: Live, online preparation and review sessions, and on-demand recordings All text book and lecture notes, online lectures and tutorials, test prep materials.
Format 100% online In-person + virtual online classes Virtual online or hybrid classes: offers a combination of live virtual sessions, on-demand recordings. 100% online, with synchronous annual cohort with online, on-demand lectures and regular live webinar tutorials.
Location Online In-person education at the Wharton campus in Philadelphia, PA In-person workshop at the Gleacher Center, Chicago, IL Online from Australia. This program is specifically designed to be suitable for Asia/Pacific candidates.
Curated and presented by the Forum’s Investment Management Research Program, in association with Macquarie University Business School, Sydney, Australia
Meet with an enrollment counselor




IP = In-Person
H = Hybrid, includes both in-person and online/virtual components
V = Virtual/Oonline

Information about the education programs can be found on the Registered Education Providers’ websites. All inquiries regarding the education program fees, class schedules, assessments and other policies, should be referred directly to the Registered Education Providers. Click here to  view more informaton on the Wiley Test Prep.

Class Schedules


Education Provider Enrollment Deadline Self-Study Period In-person (IP), Virtual (V), or Hybrid (H) Date(s)
Yale Continuous Enrollment Ongoing Ongoing - (V)
Chicago January 5, 2022 December 15, 2021-January 5, 2022 January 5-April 1, 2022 (V)
Wharton February 21, 2022 February 21-March 21, 2022 March 21-April 1, 2022 (V)
Chicago April 15, 2022 April 15-May 4, 2022 May 4-July 29, 2022 (H)
Chicago August 15, 2022 August 15-September 7, 2022 September 7-December 2, 2022 (H)

For information on private classes offered through Investments & Wealth Institute, contact

For information on classes held in Australia, visit CIMA Society of Australia.