CIPS - Is it worth it?

[LilCat]

CIPS - Chartered Institute of Purchasing & Supply Qualification

Anyone here done this?
Was recommended to me by one of my colleagues but I am not sure how it all works?

I went on the CIPS site to have a quick nosey but am still rather confused...

Can I learn without going to uni?
Would it be better to do 1 day uni 4 day work (if they allow it)?
Will I be exempt from some courses (I have a degree in Computing with Business Management)?
What will I gain out of this? (Increase in salary?)

Any info on this will be greatly appreciated!

[2 sMoKiN bArReLs]

[CHIEF]

Thinking of doing this myself unfortunately i'd have to self fund it and do it after work