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Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Not all certifications that use post-nominal letters are an acknowledgement of educational achievement, or an agency appointed to safeguard the public interest.
A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta of 1215, but since the 14th century have only been used in place of private acts to grant a right or power to an individual or a body corporate. They were, and are still, used to establish significant organisations such as boroughs, universities and learned societies.
The Chartered Management Institute (CMI) is a professional institution for management based in the United Kingdom. It was founded as the British Institute of Management (BIM) in 1947 or 1948, merged with the Institution of Industrial Managers (IIM) in 1992 to form the Institute of Management (IM), and gained a royal charter, and its present name, in 2002.
The Institute of Physics (IOP) is a UK-based learned society and professional body that works to advance physics education, research and application.
Chartered Mathematician (CMath) is a professional qualification in Mathematics awarded to professional practising mathematicians by the Institute of Mathematics and its Applications (IMA) in the United Kingdom.
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 110 offices and centres in 51 countries - with 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development.
The Chartered Institute of Environmental Health (CIEH) is a professional membership body concerned with environmental health and promoting standards in the training and education of environmental health professionals.
The Chartered Insurance Institute (CII) is a professional body dedicated to building public trust in the insurance and financial planning profession. The CII's purpose, as set out in its 1912 royal charter, is to 'Secure and justify the confidence of the public' in its members and the insurance sector as a whole. It aims to do this by setting standards of integrity, technical competence, and business capability. CII is a part of the Chartered Body Alliance which includes Chartered Institute for Securities & Investment (CISI) and Chartered Banker Institute.
The Faculty of Actuaries in Scotland was the professional body representing actuaries in Scotland. The Faculty of Actuaries was one of two actuarial bodies in the UK, the other was the Institute of Actuaries, which was a separate body in England, Wales and Northern Ireland. While the Faculty of Actuaries and the Institute of Actuaries were separate institutions, they worked very closely together, and the professional qualifications and professional standards for actuaries were identical in each of them. On 25 May 2010, voting members of the Faculty who took part in a ballot voted to merge the Faculty with the Institute of Actuaries, thus creating the Institute and Faculty of Actuaries which came into being on 1 August 2010, superseding the Faculty of Actuaries which ceased to exist on that date.
The Chartered College of Teaching is a learned society for the teaching profession in the United Kingdom. Founded in 1846, the college was incorporated by Queen Victoria into a royal charter as the College of Preceptors in 1849. A supplemental charter was granted in 1998 changing the name to the College of Teachers. A further supplemental charter granted in 2017 changed the society to its current name, and permitted the granting of Chartered Teacher status to members.
The Royal College of Physicians and Surgeons of Glasgow is an institute of physicians and surgeons in Glasgow, Scotland.
The Chartered Institute of Public Relations (CIPR) is a professional body in the United Kingdom for public relations practitioners. Founded as the Institute for Public Relations in 1948, CIPR was awarded Chartered status by the Privy Council of the United Kingdom in 2005 and added "Chartered" to its name. As of late 2012, CIPR had 10,095 members. The association provides training and education, publishes a code of conduct and hosts awards and events. It is governed by a board of directors led by a president who is elected each year.
Following is a partial list of professional certifications in financial services, with an overview of the educational and continuing requirements for each; see Professional certification § Accountancy, auditing and finance and Category:Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years, the number of available designations has grown, and, correspondingly, some will have more recognition than others. Note that in the US, many state securities and insurance regulators do not allow financial professionals to use a designation — in particular a "senior" designation — unless it has been accredited by either the American National Standards Institute or the National Commission for Certifying Agencies.
The Chartered Financial Planner is a qualification for professional financial planners and financial advisers awarded by the Chartered Insurance Institute.
The Chartered Banker Institute was established in 1875 and is the oldest professional banking institute in the world and the only remaining banking institute in the UK. It aims to help rebuild public confidence in banks and bankers by developing and embedding high ethical, professional and technical standards. The institute offers a range of qualifications for banking and financial services.
Chartered Physicist (CPhys) is a chartered status and a professional qualification for physicists awarded by the Institute of Physics. It is denoted by the postnominals "CPhys".
A chartered professional is a person who has gained a specific level of skill or competence in a particular field of work, which has been recognised by the award of a formal credential by a relevant professional organization. Chartered status is considered a mark of professional competency, and is awarded mainly by chartered professional bodies and learned societies. Common in Britain, it is also used in Ireland, the United States and the Commonwealth, and has been adopted by organizations around the world.
The Royal Society of Biology (RSB), previously called the Society of Biology, is a learned society and professional association in the United Kingdom created to advance the interests of biology in academia, industry, education, and research. Formed in 2009 by the merger of the Biosciences Federation and the Institute of Biology, the society has around 18,000 individual members, and more than 100 member organisations. In addition to engaging the public on matters related to the life sciences, the society seeks to develop the profession and to guide the development of related policies.
The Institute and Faculty of Actuaries is the professional body which represents and regulates actuaries in the United Kingdom.
The Insurance Institute of Canada is a not-for-profit organization which provides nationally standardized professional development programs for the insurance industry in Canada. Founded in 1952 and headquartered in Toronto, the IIC is an umbrella organization of 19 provincial and regional chapters across Canada.
References
- ↑ Tony Boobier (10 October 2016). Analytics for Insurance: The Real Business of Big Data. John Wiley & Sons. pp. 81-82date=2016-10-10. ISBN 978-1-119-14107-5.
- ↑ "List of Charters Granted" (PDF). privy.council.independent.gov.uk. The Privy Council. Retrieved 14 March 2020.
- ↑ Your Professional Qualification: A Guide to Professional Qualifications in the UK - Where They Lead and How to Get Them. Kogan Page Publishers. 2002. pp. 109–. ISBN 978-0-7494-3847-0.