CAP® is an acronym for Certified Analytics Professional.
The Institute for Operations Research and the Management Sciences (INFORMS) developed the CAP® Program in 2011 – 2012 as way to certify individuals in the area of analytics. The CAP Program is very similar to the Project Management Professional (PMP) certification developed by the Project Management Institute.
INFORMS defines analytics as the scientific process of transforming data into insight for making better decisions.
The CAP® Program covers seven domains of knowledge:
- Business Problem (Question) Framing
- Analytics Problem Framing
- Methodology (Approach) Selection
- Model Building
- Model Life Cycle Management
The CAP® Program requires the candidate to have a Bachelors or Masters degree from a regionally accredited college in an analytics-related area such as: analytics, operations research, management science, statistics, engineering, business, theoretical or applied mathematics, information technology, computer science, or decision science.
The INFORMS Analytics Certification Board may consider additional degrees as appropriate and may waive the educational requirement on a case by case basis.
The candidate will be required to submit a an official transcript as part of the application process.
Depending on the degree held by the candidate, there are varying years of experience required for application.
- Masters (MA/MS) in an analytics-related area: 3 years.
- Bachelors (BA/BS) in an analytics-related area: 5 years.
- Bachelors (BA/BS) in a non-analytics-related area: 7 years.
Candidates will be expected to provide detailed information about their work experience including: employer name, immediate supervisor, contact information, and dates of employment.
This post is intended to be a high-level overview of the CAP® Program. In the posts to follow, I will discuss the application process, the examination, fees and the renewal process.
Visit the Certified Analytics Professional Program website for additional information.