Governance of investments for Catholic and mission-driven institutions
The CIGC is the Institute's independent professional certificate dedicated to the governance of investments for Catholic and mission-driven institutions. Based in Castel Gandolfo, it combines technical financial excellence with the principles of the Social Doctrine of the Church.
The programme comprises an estimated 90 hours: 72 hours of individual study, 6 hours of classroom sessions and 6 hours of experiences at Borgo Laudato Si', in the Pontifical Villas of Castel Gandolfo. Candidates conclude with a written final exam based on a professional paper.
The CIGC designation is intended for bursars, advisers and investment-committee members, with entry in a dedicated register and annual renewal. The programme is taught in Italian.
Four modules
Foundations, Social Teaching, mission and capital
- Capital as a means; investment as governance
- Principles of Social Teaching as operational questions
- The principle · criterion · threshold · policy framework
- Mission drift; the ESG / Catholic criteria distinction
Mensuram Bonam, Catholic criteria, ESG and screening
- Operational sources: Mensuram Bonam and CEI Guidelines
- Exclusion, promotion, engagement; four preliminary decisions
- Negative, positive and procedural criteria; criteria matrix
- Screening, controversies, rating limits, faith-washing
Portfolio construction under ethical constraints
- Investable universe: a step-by-step estimate
- Diversification, concentration, benchmark and attribution
- Liquidity, explicit and implicit costs; instrument choice
- Monitoring: breaches, watchlist, reporting
Governance, IPS, the religious client and communication
- The religious institutional client: discovery in five areas
- Roles; the IPS in five groups; mandates clause by clause
- Deliberative reporting, status scale, decision memo
- Final paper; professional ethics and confidentiality
Professional profiles
Financial professionals
Technical methodologies linked to the Magisterium to serve complex institutional clients.
Executives of religious bodies & foundations
Higher standards of oversight to protect the integrity of patrimony and mission.
Family offices & wealth managers
Ethical and impact solutions authentically coherent with clients' Catholic values.
Asset managers & specialists
Allocation and monitoring that align mission and ethical criteria in the portfolio.
Format
Self-study and intensive in-person workshops.
Applied project work
A real project focused on the candidate's own institutional context.
Executive coaching
Individual support for leadership and financial governance.
Admission
Applications are assessed on professional profile and experience in the governance of investments of Catholic and mission-driven institutions.
- Assessment of academic and professional profile
- Analysis of career goals and institutional motivation
- Individual interview with the Admissions Committee
- Consistency with the mission of the Institute
| Programme | Participation fee |
|---|---|
| CIGC | € 9,850 + VAT Includes teaching materials and residential sessions. Accommodation and travel excluded. |
| Application deadlines | |
| Early Bird | 15 March |
| Final Call | 30 April |
Reduced fees are available for candidates from religious and non-profit institutions, subject to assessment of the professional profile and CV.
CIGC professional application
Upload your CV and a motivation letter in PDF format. The Admissions Committee will contact you to arrange an individual interview.
Documents are used only to assess the application.