month, CIIA final level candidates in
16 different countries put their heads
down over the CIIA final level examinations
questions. The 439 candidates for exam
one and 458 for exam 2 sat the examinations
in a range of 9 languages, and now have
a nervous wait to see if they have joined
the ranks of the 2500 graduates that have
received the CIIA designation since 2001.
all candidates complete the same examinations,
and the same rigorous standards are applied
worldwide, the path to the CIIA varies
from country to country. Every national
society in the ACIIA has a different history,
range of activities and experience with
education programs. Several have a large
pool of experienced members and a well-known
diploma, others are establishing their
first training program and want to do
so at an international level. The ACIIA
does not expect a one-size-fits-all approach
to work in this environment: through its
accreditation system, the CIIA takes into
account the high level of expertise that
already exists in several of its member
societies. Take the Japanese society (SAAJ)
as an example: A founding member of the
ACIIA, SAAJ has a long-standing, high
quality diploma "CMA" which has been passed
by 18,000 professionals.
have an obligation to the graduates of
this program to retain its value in the
market" said the SAAJ's CEO, Kiyoto Hagiwara.
"There is no question of us abandoning
the program, but at the same time, we
want to give CMA's access to continued
education with a global perspective. The
ACIIA have accredited the CMA, so our
graduates only need to sit the final level
CIIA examinations. This allows us to work
on a global level as equal partners with
other competent associations, while maintaining
the program that has served our market
for over 20 years."
Austrian society, (OVFA) on the other
hand, has quite a different story to tell.
In a small country with a small capital
market, the OVFA completely revamped their
education program in 2003 to establish
the full CIIA program: Foundation, national
and final level exams. "We were attracted
by the quality of the program and the
international emphasis" said Otto Lucius,
head of the education. "The candidates
and the market were both sceptical at
first, but the value was quickly apparent
and the demand grew accordingly". Success
came rapidly to the OVFA; at the March
2004 exams, an Austrian candidate received
the highest mark worldwide for exam 1.
The highest mark for exam 2, incidently,
was a CMA from the SAAJ Japan.
the best marks of the September examinations?
Have patience please - checking papers
from 16 different countries takes time
- results will be available at the end