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12/21/2019 IAM - IAM Diploma

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(https://theiam.org)

IAM Diploma

The IAM Diploma is a more advanced qualification which


focuses on breadth and depth of knowledge and
understanding, along with the application of professional
judgment in practice. The Diploma is currently the highest-
level qualification awarded by the IAM.

Who is the IAM Diploma for?


The Diploma is more advanced than the IAM Certificate, aimed at those with prior
knowledge and experience of asset management, typically working in or preparing for
specialist or management roles in asset management. There are no entry requirements for
the qualification and it is not essential to be an IAM member, however, registration with the
IAM is required. Please ensure you are logged in before applying for the IAM Diploma.

Login to Pearson Vue to book/take exams (/enrol-to-pearson-vue/)

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How much does it cost?


The qualification fee covers the registration process and provides entry to sit the examination
once. If a candidate opts to re-sit the examination, the same fee applies to register and sit the
exam again.

If you opt to take a training course for your IAM Qualification, or your qualification is being
organised by your employers, check with your selected training provider or
organsiation whether the exam fee is included in the training package before paying for an
exam yourself.

GBP £350

EUR €400

AUD $655

HKD $3,640

JPY ¥52,000

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NZD $680

USD $455

SGD $450

The examination: ‘Advanced Asset Management’ 


Advanced Asset Management is a 3-hour invigilated examination delivered online at approved
IAM exam venues. It comprises 70 multiple choice questions over 12 compulsory modules:

NO. OF
MODULES QUESTIONS

M1 Principles of Asset Management 15

M2 Asset Management Policy, Strategy & Planning 5

M3 Managing Asset Life Cycle Decisions and Activities 5

M4 Assessing and Managing Asst Management Risks 5

M5 Finance and Business Impact 5

M6 Practice of Asset Management 5

M7 Asset Management Information & Knowledge 5

M8 Sustainable Asset Care & Performance 5

M9 Managing change in Asset Management Systems and 5


Capabilities

M10 Contractor and Supplier Management 5

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NO. OF
MODULES QUESTIONS

M11 Demand Forecasting and Capital Expenditure planning 5

M12 Methods for realising Whole life Value from Assets 5

To be awarded the Diploma, candidates will need to achieve an overall score of 65% and not
less than 50% in each of the modules.

Candidates achieving an aggregate score of 75%, having passed all modules at 50% or higher,
will be awarded a Diploma with Distinction.

The exam is ‘closed book’, which means that printed reference materials and dictionaries
cannot be taken into the examination room.

We suggest that approximately 200 hours of study is needed to prepare for the Advanced Asset
Management examination, depending on your prior knowledge and experience.

IAM Endorsed Trainers


If, after consulting the syllabus, you feel that training would be beneficial to your exam
preparation, IAM Endorsed Trainers can offer support with training in line with the IAM
Diploma syllabus.

Find out more (/professional-development/qualifications/training-courses-for-exams/)

Further Information for candidates


Access the IAM Candidate Handbook and Syllabi and find out more about the qualifications
process.

Find out more (/professional-development/qualifications/information-for-candidates/)

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UK: +44 (0) 845 456 0565


USA: +1 (212) 810 4874
office@theiam.org (mailto:office@theiam.org)

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