Chartered Economic Analyst
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The Chartered Economic Analyst (ChEA) is a professional designation conferred by the National Institute of Continuing Education (NICE). The designation was created in the spring of 2006[1]. To receive authorization to use the designation, a candidate must attend a series of classes and pass a final examination that tests the candidate on their understanding of economics principles, the application of said principles, and a thorough understanding of the ethics of doing so[2].
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[edit] Education Requirements
The education requirements for a ChEA are a high school degree, a current series 6 and/or 7 and 63 license, and current state-issued insurance licensure. After these initial requirements are met, a candidate must attend an intensive 3-day class that focuses on the application of economic principles through a case study method and pass a rigorous exam.
[edit] Software Applications
A key part of the designation and the 3-day course is the application of economic and financial software. Candidates are taught the use of financial and economic modeling to better apply economic theories. Additionally, a portion of the exam is to show proficiency with the statistical software used in the course.
[edit] Ethics and Continuing Education
A key component of the ChEA designation is an understanding of ethics, especially as they apply to the use of economics and the software that is used in the course. Violation of the ethics taught in the ChEA course can lead to both loss of the designation and referral to the appropriate regulatory body(ies)[3].
Continuing education is supported through each state’s requirements to keep a candidate’s insurance licenses up-to-date.
