What is WPiAM GCS or Global Certification Scheme?
GCS or Global Certification Scheme is a framework developed by the World Partners in Asset Management (WPiAM) in keeping with its vision of “Globally recognised Asset Management credentials”.
Having your knowledge, skills and experience in asset management recognised against a global standard offers numerous and extensive benefits along your professional asset management journey.
GCS is a framework for alignment of professional credentials in Asset Management to which professional bodies, post-secondary and training institutions around the world can align over time.
With the introduction of this framework, the members of the WPiAM are seeking to align worldwide efforts to develop, assess and recognize competence in Asset Management and to establish a system of assurance of quality while respecting the needs for variation of application according to the history and culture of each region in the development of this evolving professional field.
The process for recognizing the equivalence of specific credentials will be administered by the WPiAM. The process to recognize individuals’ accreditation to any of the WPiAM’s framework credentials will be administered by the organisation that owns the certification scheme that has been approved. Each credential will require demonstration of education as well as evidence of competence in practical application. Further details will be announced as they evolve.
The Global Certification Scheme provides a three-level designation framework that has been shaped around the key Asset Management roles.
Level 1: Certified Senior Principal in Asset Management (CSAM)
Level 2: Certified Practitioner in Asset Management (CPAM)
Level 3: Certified Technical Specialist in Asset Management (CTAM)
Certified Senior Principal in Asset Management (CSAM)
This certification is applicable to practitioners (or expert advisors thereto) responsible for the establishment, updating and management oversight of the application of a holistic and integrated AMF across a significant area of the organisation’s business, informed by the organisation’s strategic objectives.
Certified Practitioner in Asset Management (CPAM)
This certification is applicable to practitioners (or advisors thereto) responsible for the establishment, updating, and management oversight of the application of a Domain of AM that is significant to the organisation’s AMF across a significant area of business.
Importantly, this framework must inform, and be informed by, the organization’s strategic objectives.
Certified Technical Specialist in Asset Management (CTAM)
This certification is applicable to persons that are Proficient in the application of specific and essential activities within a relevant Domain of AM required to deliver against the AM objectives of the organization.
The GCS or Global Certification Scheme provides a laddered career path for asset management professionals who are looking to advance their skills and improve their ability to contribute to the success of the organisations they serve.
This competency-based scheme will provide a common base for organisations to ensure that the individuals they hire anywhere in the world have the knowledge, skills and experience to apply asset management principles in various contexts.
Certifying organisations
These member organisations have achieved recognition by World Partners in Asset Management as authorised to provide certification that is aligned to the Global Certification Scheme.
- JAAM
- SAAMA
- PEMAC
- Asset Management Council
- Abraman
- SMRP
Any questions on how you or your organisation can get involved, please contact our Association Manager at info@wpiam.com.
Know more about Certified Asset Management Assessor