The Council for Portfolio Management and Research (CPMR), was established in 1999 at Hyderabad, India to look after training and certification needs of students interested in becoming qualified portfolio managers.

The CPMR administers a rigorous certification program divided into two levels - the National Level and the International Level.

The CPMR has following objectives:

• Administering a rigorous certification program in investment analysis and portfolio management.

• Promoting research and publications in the areas of contemporary relevance which have significant policy implications for investment analysis and portfolio management.

The CPMR provides equal opportunity to all. In its educational programs, activities, admission and employment policies, the CPMR does not discriminate on the basis of sex, race, color, caste, language, religion, age or national origin.

The CPMR believes in maintaining total intellectual independence, academic autonomy and operational freedom, and therefore, it neither seeks to identify itself with any government, nor operates on any government funding, the CPMR believes in market recognition and subjects all its activities to the market test.

The CPMR is conceived and developed as a learning organization with an intent to learn continuously in order to leverage the new learning for improvement of its contributions to society.

The CPMR conducts its affairs within a broad framework of ethics and believes in transparency and promotes an open culture.

The CPMR is a member of the Association of Certified International Investment Analysts (ACIIA), Switzerland. ACIIA administers the examinations and awards the Certified International Investment Analyst (CIIA^®) qualification.

The tie-up of CPMR with ACIIA, Switzerland, enables students to become eligible to write the final level examinations for the CIIA^® qualification. Students pursuing the CIIA^® Program after completing the National Level examinations can directly appear for the CIIA^® International Level (Final Level) examinations.

All members of the CPMR are required to abide by a code of professional ethics which enjoins that they should:

• Conduct himself/herself with integrity and dignity and act in an ethical manner in their dealings with the public, clients, employers, employees and fellow professionals;

• Act with competence and strives to maintain and improve their competence; and

• Use proper care and exercise independent professional judgement.

Students who have completed the CIIA^® Program may seek membership in CPMR to fulfill the requisite criteria.