Project Management Professional cert may be similar
Though you do need to pass a test to get the piece of paper.
And, yes, it is rapidly becoming a requirement.
So I'm halfway through the BS courses necessary to give me another piece of paper (a Master Certificate) and a thorough grounding in the terminology (rather than the practice) of today's Project Managers.
It's not all bad, I'm learning some tips along the way.....
(though the next time I categorize someone in a Miggs Breyer fashion will be the first and last)