Global Alphabet Soup: Internationally Recognized Professional Designations in Finance

Abstract

The globalization of the world economy has increased interest in internationally recognized finance designations, which serve as external validation of expertise and are routinely used in hiring and promotion decisions. To help students, finance professors, career advisors, and practitioners make informed decisions or provide knowledgeable advice about global financial designations, this paper discusses the main characteristics of six designations and two certificates that are directly transferable from one country to another. Suggestions for choosing among designations are offered.

Keywords: financial education, professional designations, CFA, CTP, FRM, PRM, CAIA, ERP

JEL Classification: A20, A22, A23