Certified Business Manager
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The Certified Business Manager (CBM) is a professional credential created and administered by the Association of Professionals in Business Management (APBM). APBM developed the Common Body of Knowledge for Business (CBKB), based on standard MBA curricula, as a standardized collection of the knowledge that APBM identified as essential for general business management. The Certified Business Manager examination, based on the CBKB, was released in 2000 in an effort to establish business management as a true profession similar to law and medicine. The Association of Professionals in Business Management also created the Certified Associate Business Manager (CABM) designation which is based on an undergraduate level pre-MBA business curriculum.
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[edit] Eligibility
An individual is eligible to take the Certified Business Manager examinations by meeting either of the following criteria:
- An undergraduate/bachelor's degree from an accredited college or university or international equivalent and a minimum of four years full-time work experience.
- A graduate/master's degree or higher from an accredited college or university or international equivalent and a minimum of three years full-time work experience.
[edit] Content
The Certified Business Manager examination consists of four parts:
- Part 1- The Core Exam consisting of 150 multiple-choice questions and covering general management, operations management, marketing management, quality and process management and human resources management.
- Part 2- The Functional Exam consisting of 150 multiple-choice questions and covering finance, accounting, information technology, corporate control and governance and international business.
- Part 3- The Integrated Exam consisting of 100 multiple-choice questions and covering 40 applications of the core and functional exam areas.
- Part 4- The Capstone Exam consisting of a Harvard Business School case study.
[edit] Recognition and exemptions
Candidates who successfully complete the Certified Business Manager examination are eligible for:
- Nine hours of graduate credit toward an MBA or 15 hours undergraduate credit as approved by the American Council on Education (ACE)
- 120 hours of Continuing Professional Education (CPE) hours as approved by National Association of State Boards of Accountancy(NASBA)
- Up to 800 Professional Development Units (PDUs) by the Project Management Institute toward it’s Project Management Professional (PMP) and Program Management Professional (PgMP) certifications
- Exemption from Part IV of the Certified Internal Auditor (CIA) examination offered by the Institute of Internal Auditors (IIA)
- United States Department of Veterans Affairs tuition reimbursement
Certified Business Managers are required to earn 20 hours of continuing professional education per year.
[edit] External links and references
This article or section includes a list of references or external links, but its sources remain unclear because it lacks in-text citations. You can improve this article by introducing more precise citations. |
- Association of Professionals in Business Management (APBM)
- Selections article: New MBA Certification Exams
- PayScale Certifications-Certified Business Manager
- Harvard Magazine 02138
- Fast Company Magazine
- Chief Learning Officer Magazine
- Boston Globe New England Cable News
- Boston Business Journal Article