Chartered Economic Analyst
Encyclopedia
The Chartered Economic Analyst (ChEA) is a professional designation
conferred by the National Institute of Continuing Education (NICE). The designation was created in the spring of 2006. To receive authorization to use the designation, a candidate must attend a series of classes and pass a final examination that tests the candidate on their understanding of economics
principles, the application of said principles, and a thorough understanding of the ethics
of doing so.
Continuing education is supported through each state’s requirements to keep a candidate’s insurance licenses up-to-date.
Professional certification
Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task...
conferred by the National Institute of Continuing Education (NICE). The designation was created in the spring of 2006. To receive authorization to use the designation, a candidate must attend a series of classes and pass a final examination that tests the candidate on their understanding of economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
principles, the application of said principles, and a thorough understanding of the ethics
Ethics
Ethics, also known as moral philosophy, is a branch of philosophy that addresses questions about morality—that is, concepts such as good and evil, right and wrong, virtue and vice, justice and crime, etc.Major branches of ethics include:...
of doing so.
Education Requirements
The education requirements for a ChEA are a high school degree, a current series 6 and/or 7 and 63 license, and current state-issued insurance licensure. After these initial requirements are met, a candidate must attend an intensive 3-day class that focuses on the application of economic principles through a case study method and pass a rigorous exam.Software Applications
A key part of the designation and the 3-day course is the application of economic and financial software. Candidates are taught the use of financial and economic modeling to better apply economic theories. Additionally, a portion of the exam is to show proficiency with the statistical software used in the course.Ethics and Continuing Education
A key component of the ChEA designation is an understanding of ethics, especially as they apply to the use of economics and the software that is used in the course. Violation of the ethics taught in the ChEA course can lead to both loss of the designation and referral to the appropriate regulatory body(ies).Continuing education is supported through each state’s requirements to keep a candidate’s insurance licenses up-to-date.