The ARPM Certificate demonstrates proficiency in quantitative finance, across the financial industry: asset management, banking and insurance.
The ARPM Certificate covers all the topics of quantitative finance, with focus on supporting the investment decision process, at the portfolio level and at the enterprise level:
– Financial Engineering for Investment
– Data Science for Finance
– Quantitative Risk Management
– Quantitative Portfolio Management
Financial institutions worldwide trust the ARPM Certificate as a benchmark for the advancement of their in-house talent.
Attainment of the ARPM Certificate requires the candidate to successfully complete the Level I exam, the Level II exam, and the Project.
The Level I exam tests the following modules from the Body of Knowledge: Financial Engineering for Investment
and Data Science for Finance
and weighs 40% of the final score.
The Level II exam tests the following modules from the Body of Knowledge: Quantitative Risk Management
and Quantitative Portfolio Management
and weighs 35% of the final score.
The Level I exam and the Level II exam are “open book” and include theoretical questions as well as pseudo-code tests.
The Level I exam and the Level II exam last 4 hours each and are administered remotely online via home-screening technology.
The exams will be administered at 8:59AM at the respective local times of the exam takers.
The Project tests the practical ability of the candidate to drive implementation in uncharted waters and to present to senior management his/her findings. The Project weighs 25% of the final score.
The Project is a mixture of running code (Python or MATLAB); a white paper; and a verbal presentation supported by slides, delivered to the ARPM faculty via streaming technology.
The ARPM Certificate is purely pass/non-pass. Although the Level I exam, the Level II exam and the Project are graded, the grades are for the candidate’s records.