Globally Aligned Certifications
Recognition for Competency in Asset Management
PEMAC Asset Management Association of Canada, in collaboration with the other members of the World Partners in Asset Management, is proud to have developed the Global Certification Scheme (GCS), created to align credentials in Asset Management in Canada and around the world.The scheme marks a big step in the professionalization of asset management across the globe and provides a laddered career path for individuals who are looking to expand their skills and receive global recognition for their knowledge and competency as an asset management professional.
This competency-based scheme provides a structure which organizations anywhere in the world can use to ensure that new recruits have the knowledge, skills and experience to apply asset management principles in various contexts. It also provides professionals with global recognition including transportability and transferability for their asset management competency and career path. PEMAC offers three certifications: CTAM, CPAM and CSAM that align with the global scheme.
To get an application package click into the link for the certification of interest, below, and complete the self-assessment.
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Certified Technical Specialist in Asset Management (CTAM)
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Certified Practitioner in Asset Management (CPAM)
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Certified Senior Principal in Asset Management (CSAM)
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Success Stories
Celebrating Certification: The Value of CTAM for Victor Nguyen
CSAM Certification: A Milestone for Michael Latimer and Its Significance
How To Get Certified
A growing list of recognized Asset Management qualifications
The following Canadian courses have been approved by the WPiAM to meet the knowledge requirements of CTAM, CPAM and CSAM certifications as shown below. This is a growing list that will be updated as other courses are approved. There are other global educational offerings and certifications that also meet the requirements that are not listed here. Applicants who have taken these courses simply need to show proof of completion, and only need to demonstrate the required work experience, and that they have applied the competencies in practice.
CTAM Self-assessment CPAM Self-assessment CSAM Self-assessment
Are you already Certified MMP or CAMP?
In general, anyone who has completed all of the courses in the MMP program will have the required domain knowledge in maintenance and reliability for either the CTAM or CPAM certifications. In addition to MMP, candidates will need to also successfully pass the CAMA exam or equivalent, for the CPAM certification, to fulfill proof of knowledge of ISO5500x, GFMAM Assessor and Landscape publications. Which of these certifications you might pursue would depend on your demonstrated work experience, skills and level of responsibility.
Similarly, anyone who has completed the full AMP program will have the depth of asset management knowledge required for a CTAM, CPAM, or CSAM depending on assessment of competency based on work experience. A subset of the AMP courses provides the depth of asset management domain knowledge required for the CTAM and CPAM certifications, when coupled with assessment of competency based on work experience. See the chart below for more details.
Administration of the Scheme
The WPiAM owns and maintain the standards of the scheme and accredits associations like PEMAC to assess against the criteria for each certification to ensure that the certification standards are being applied consistently around the world.
WPiAM is a worldwide partnership, working to enable individuals and organizations to develop, assess and recognize competence in Asset Management. WPiAM also owns the CAMA certification and administers the CAMA exam.
The creation and administration of this scheme is a global effort and marks a major achievement for PEMAC and the profession of asset management across the globe.