FPWM™ Program Updates
This article contains the BIDA® Program archive of changes:
• Update 1.1
• Summary of Changes
• Why the Change?
• The Impact
Update 1.1 ^
| Announcement Date | Effective Date |
| Nov 1, 2023 | December 1, 2023 |
Summary of Changes ^
On December 1, 2023, a final exam will be added to the FPWM™ program requirements. You can find the details of the FPWM™ final exam here.
Why the Change? ^
The decision to update the FPWM™ certification program was made to achieve several key objectives:
| Increase Global Credibility | By aligning the program with the latest industry standards and best practices, we aim to elevate the FPWM™ certification's status worldwide. This ensures that it remains a highly regarded qualification among finance professionals. |
| Program Integrity | It's essential to safeguard the reputation of the FPWM™ certification. These changes will maintain the program's quality and relevance, assuring both current and future participants of its rigorous standards. |
| Knowledge Assessment | The updated program will provide learners with improved methods to evaluate their knowledge and identify areas where they can enhance their skills. This supports continuous learning and professional growth. |
The Impact ^
I am already FPWM™ certified. How will this affect me?
If you have already completed your FPWM™ certification before December 1, 2023, you will not be affected by these program updates. Your certification remains valid and unchanged.
What if I started the FPWM™ program before December 1, 2023?
If you initiated the FPWM™ program before December 1, 2023, but have not met all the requirements by December 1st, you will need to adhere to the new program requirements to earn your FPWM™ designation. These updated requirements are intended to enhance the value of the certification.