Certification is highly recommended in finance. For example, personal financial advisors are encouraged and sometimes required to seek their Certified Financial Planner (CFP) certification. The requirements include academic credits, passing a comprehensive set of exams, and following a strict code of ethics. The most popular and widely recognized certifications and licensure include:
Chartered Financial Analyst (CFA)
This certification is attractive to individuals who want to obtain a position as an Investment Manager.
Certified Financial Planner (CFP)
This certification is for individuals who want to obtain a position as a Financial Planner, Stock Broker, and select Bank Officials. The CFP is the most widely recognized credential for financial planners. Duquesne's Certificate in Financial Planning.
Certified in Financial Management (CFM)
This certification is available to individuals who want to obtain a position as a Corporate Financial Manager.
Certified Treasury Professional (CTP)
This certification is attractive to individuals who want to obtain a position as a Corporate Treasury Official and is the only professional credential in cash management. The CTP credential, formerly the Certified Cash Manager (CCM), is widely regarded by treasury and finance professionals as one of the leading credentials in the field of corporate finance and treasury operations. It demonstrates a high standard of professionalism and a commitment to performance.
Certified Bank Auditor (CBA)
This certification is recognized throughout the financial services industry as the only certification program that thoroughly tests candidates in four distinct bank-specific areas: Accounting, Auditing Principles and Bank Laws/Regulations, Auditing Practices, and General Business.
Certified Risk Professional (CRP)
This designation shows holder's professional dedication to risk management in the financial services area.
Certified Government Financial Manager (CGFM)
This is the premier certification for Federal, State, and Local analysts and financial managers.
Certified Healthcare Financial Professional (CHFP)
This designation shows commitment to professional development as a financial professional within the health care field.