The M&AMI (Merger & Acquisition Master Intermediary) is the IBBA and M&A Source credential for intermediaries focused on deals above $5M — requiring an active CBI designation, M&A Source membership, qualifying large transactions, and completion of M&A-specific coursework and exam.
Last verified: 2026 | Sources: IBBA.org / M&A Source — masource.org
| Fact | Detail |
| Issuing body | IBBA + M&A Source |
| Prerequisite | Active CBI designation in good standing — must earn CBI first |
| Membership | Active M&A Source membership required |
| Transactions | Qualifying M&A transactions at $5M+ enterprise value |
| Education | M&A-specific coursework through M&A Source / IBBA University |
| Exam | Required — separate M&A-focused examination |
| Deal size focus | $5M–$500M lower middle market and middle market |
| Factor | M&AMI | CM&AA |
| Issuing body | IBBA / M&A Source | AM&AA |
| Prerequisite | Active CBI required | Bachelor's degree + professional designation |
| Transaction requirement | Yes — qualifying $5M+ deals | No transaction minimum |
| Exam required | Yes | Optional |
| Best for | Career brokers upgrading from CBI | CPAs, attorneys, bankers entering M&A |
Yes — the M&AMI explicitly requires an active, in-good-standing CBI designation. It cannot be earned as a standalone credential. Earning the CBI is the necessary first step.
Qualifying transactions must meet M&A Source deal size criteria (typically $5M+ enterprise value). Contact M&A Source (masource.org) directly for the current Transaction Submittal Form and eligibility criteria.
Yes — many senior advisors hold both. The M&AMI provides transaction-verified credibility with IBBA-affiliated networks; the CM&AA provides AM&AA network access and middle-market corporate finance training. They are complementary credentials.
Total cost includes M&A Source membership fees, M&A-specific coursework, and exam application fees. Contact M&A Source (masource.org) for current fee schedules.
Yes — IBBA and M&A Source are internationally recognized organizations. The M&AMI is respected in the US, Canada, UK, and Australia, and is increasingly recognized by mid-market private equity buyers and institutional advisors globally.
The path from main street brokerage to mid-market M&A advisory requires both the right credentials and the right foundational training. Explore our business broker training pathway →