FAQ

What are APBM’s policies?
You can read all of our policies here. We suggest you read these in detail before registering for any one of our business acumen programs.

Where do CABMs/CBMs work and what do they do?
Since the business acumen topics covered in our programs are truly universal, CABMs/CBMs are extremely diverse in education, industries, geographies, and functions.

Here are just a few of the companies in which our CABMs/CBMs work:
IBM, McKinsey & Co., J. P. Morgan Chase, Google, Accenture, Steelcase, Infosys, Tata Consultancy Services, Ernst & Young, PricewaterhouseCoopers, Grant Thornton, Alstom Power, Bank of America, U.S. Department of Defense, U.S. Military Branches, etc. They often have other credentials such as CPA, CFA, CMA, PMP, Six-Sigma, SPHR, etc. Many are also self-employed or are instructors at colleges and universities worldwide.

How long does it take to complete APBM’s business acumen programs?
The MBA IQ Course on average may take 12-20.
The CABM Credential on average may take 3-6 months.
The CBM Credential on average may take 12-18 months.
The actual time will depend on you.

Once I register for the CABM/CBM, how long do I have to study and take the exam?
You have a set time period to complete your preparation for the examination (this varies by program). We do not suggest that you wait until the last possible testing window to take the exam as you should make sure to leave enough time in the event of a retake.

I’ve registered for the CABM/CBM Exams. Are there any additional fees I need to consider?

  • If you do not complete your testing within the one year timeframe, there is a $300 fee to extend your course and testing for another year.
  • If you make a testing appointment and do not appear for your examination, there is a $200 no-show fee.
  • If you postpone your testing from one testing window to a subsequent one, there is a $200 postponement fee.
  • If you retake the CABM or any part of the CBM, there is a $200 retake fee.

What are the eligibility requirements for APBM’s business acumen programs?
Everyone is eligible to take the MBA IQ Course, and the CABM Credential. To be eligible for the CBM Credential, one must meet one of the following:

    • Undergrad + GMAT with no minimum years of work experience OR
    • Undergrad + MBA with no minimum years of work experience OR
    • Undergrad + 4 years of full-time work experience + CABM OR
    • Undergrad + 8 years of full-time work experience

How does the CABM syllabus compare with the CBM syllabus?
While the CABM and CBM cover the same 10 Modules, the actual syllabus is extremely different. The CBM begins where the CABM leaves off. For example, while both the CABM and CBM cover Accounting, entry-level accounting topics are covered in the CABM, and the CBM covers more advanced-level accounting topics.

What business schools recognize the CABM/CBM as part of their admissions process?
Please visit our Partners page.

How should I include the MBA IQ/CABM/CBM on my resume and/or business school application?
The MBA IQ/CABM/CBM should be included in the education section of your resume or application. You are welcome to include the numerical score and date completed to facilitate verification. You are also welcome to include these business acumen programs, upon completion, in the education section of your LinkedIn profile.

Does APBM send transcripts to business schools or employers?
Yes, if you are a CABM/CBM in good standing, you can request us to send your examination transcript to any business school or employer. This is a free service since many business schools and employers request verification of credentials.  Click here to access the Transcript Request Form.

Where and when do I take the CABM/CBM Exams?
Administered at Pearson VUE Testing Centers worldwide, the CABM/CBM Exams are held six times per year in the following testing windows:

Testing Window       Registration Deadline
February 1-28          November 1
April 1-30                January 1
June 1-30                March 1
August 1-31             May 1
October 1-31           July 1
December 1-31         September 1

How can I locate the nearest Pearson VUE Testing Center?
Please visit www.pearsonvue.com/apbm to find all of the Pearson VUE Testing Centers worldwide that administer the CABM/CBM Exams.

What are the re-certification requirements if I’ve earned the CABM/CBM?
Once you earn the CABM/CBM Credential, you need to re-certify each year. Re-certification involves:

  • Signing the annual Code of Professional Ethics
  • Signing the annual Use & Misuse Statement
  • Earning 20 hours of continuing professional education
  • Paying the annual maintenance fee of $48 USD.

Re-certification does NOT involve retaking the CABM/CBM Exams, as long as you re-certify each year.

Do I earn any continuing education credit for the CABM/CBM Credentials?
Yes, you can earn PDUs for the PMP Credential and CPEs for the CPA Credential. The CABM is worth 200 PDUs or 40 CPEs, and the CBM is worth 800 PDUs or 120 CPEs, respectively.

How do the APBM’s business acumen programs compare to other programs such as GMAT, PMP, Six-Sigma, CPA, or the CFA?
In addition to being used as an MBA admissions tool, the GMAT is the most validated critical thinking and reasoning assessment, which is why our programs are great complements to the GMAT — you can increase your critical thinking with the GMAT and your business acumen with our programs. Both equip you for success for your MBA.

The PMP and Six-Sigma are process-oriented certifications, which is why our programs are perfect complements — you can learn how to manage projects with the PMP, learn how to improve quality with the Six-Sigma, and learn business skills with our programs.

The CPA and CFA are extremely rigorous multi-part credentials. The CBM is a multi-part credential that is broader in scope. The CPA covers all aspects of accounting, and the CFA covers all aspects of finance. The CBM covers all aspects of business management, from marketing and operations to accounting and finance to strategy and leadership.

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