Financial Awards for College Degrees and Professional Credentials
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Division Guideline
Financial Awards for
College Degrees
and Professional Credentials
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Creation Date:
19 Sept. 2005
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Examples of Professional Credentials that Meet Level I Criteria (requires certification through substantial education [i.e., 4-year degree], experience, and testing)
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Type of Credential
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Education
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Experience
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Testing
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Certified Public Accountant (CPA)
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Masters Degree, generally in accounting
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At least 1000 hours of work experience with a CPA
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Pass exam that has 4 sections (financial, tax, business law, and audit). Each section takes around 4 hours to complete. After passing each section, you then need to pass a Utah State Rules exam and then also take an ethics exam.
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Professional Engineer
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4-year degree from an accredited school of engineering
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4 years experience being employed by a PE.
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o Pass 8 hour Fundamentals of Engineering exam
o Pass 8 hour Professional Engineers exam
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Examples of Professional Credentials that Meet Level II Criteria (requires certification through some amount of education, experience, and testing)
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Type of Credential
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Education
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Experience
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Testing
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Certified Purchasing Manager
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3 years professional purchasing/supply management experience and at least a four-year degree from an accredited institution or 5 years professional purchasing/supply management experience
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Pass 4-hour exam which includes 4 parts
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Journeyman Plumber OR Electrician
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Completion of 2 year trade school and 4 years experience
OR 8 years experience
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Pass a competency exam consisting of 1- 4 hour practical and 1- 4 hour written
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Master Electrician
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8 years experience as a journeyman
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Pass a 6 hour written exam
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Certified Facilities Executive
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7 years of experience in the top two levels of management at a public assembly facility and be a graduate of a four-year college or university. Additional public assembly facility experience may be substituted year-for-year for the educational requirement.
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Pass written essay, 4-hour examination, and oral interview
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Note: Certifications differ from certificate programs because certifications include an experience component. Certificate programs, on the other hand, award certificates once a course of study has been completed and do not require previous work experience.
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