What are industry certifications?

A professional association is composed of a group of professionals in a particular field or industry entrusted with maintaining control and oversight of the legitimate and optimal practice of that particular occupation. They also often operate to safeguard the public interest.

Professional associations often offer industry certifications for professionals in a specific field or those with specific expertise. An industry certification demonstrates expertise and skills in a particular area or industry with which the professional association is affiliated. Here are some examples of industry certifications:

• Professional in Business Analysis (PMI-PBA)

  This certification is helpful for those in project management who want to display a good understanding of managing business objectives. This is a great certification to obtain if you want to specialize your project management career path in business analysis.

• Certified Associate in Project Management (CAPM)

  This certifies you have foundational knowledge in the area of project management. This is good for those starting on the project manager career path. It also helps to grow your knowledge and expertise in this field.

• Financial Services Audit Certificate (FSAC)

  The Institute of Internal Auditors (IIA) offers this specialized certification. It demonstrates competence and expertise in 11 areas, including cybersecurity risks, fraud risk assessment, financial services audit, liquidity risk management, and internal auditing in financial and insurance services.

• Certified Management Accountant (CMA)

  The Institute of Management Accountants (IMA) offers this certification and demonstrates expertise in forecasting, cost management, decision analysis, and internal control auditing. It also exhibits a mastery of financial management skills and critical accounting skills in a managerial or general capacity.