Company offering retraining money - What to pursue?
My company is offering $3.5k towards retraining as part of a restructuring. Worked in commercial debt asset management and mid-career. Thinking about applying that money towards pursuing a CCIM or CAIA certification. Wanted to get some thoughts about these options or recommendations of alternatives?
[{"id": "hrojzao", "text": "Can't really offer help but I am taking my first CCIM class on Monday. It's probably a \\~$10K investment not including travel or hotels. (assuming you have no other designations) Also has the $650 annual membership. Just something to consider if you aren't already aware. It will probably depend on what you are trying to do in the future.", "replies": [{"id": "hrxh6cg", "text": "That\u2019s pretty steep, didn\u2019t think it was that much. Good luck!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hrp4f7o", "text": "Disclosure: I'm a CAIA charterholder and work in private equity real estate.\n\nReally depends what you're looking to get out of it.\n\nBoth designations are fundamentally different. CCIM is CRE focused, but from what I determined focuses mostly on the asset level. CAIA is broader and focuses on alternative investments (of which CRE is one). The CAIA curriculum teaches you about fund structures and portfolio investment decision making. My two cents is that CAIA is suited for any positions that are asset management and principal investing related. CCIM is better suited for brokers who want to show they are competent, knowledgeable, and dedicated to the field of commercial real estate.", "replies": [{"id": "hrv5nkq", "text": "Thanks for the color. I\u2019m leaning towards CAIA as Id like to be in the investment side. We\u2019re you already on the equity side prior to pursuing the charter? Did you find that it opened doors for you or more of nice to have?", "replies": [{"id": "hrx0or7", "text": "Yes, already on the equity side. Opened doors, probably but its hard to say. You can't A/B test that sort of thing. Like with any designation (as opposed to license) its more about the professional development, and potentially a good signal to employers and clients.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hrplzkc", "text": "What was your level of effort in studying for the CAIA?", "replies": [], "depth": 1}]