The Certificate in Credit Management is essential for any business professional that operates with any stage of company cash flows, from contract negotiation, customer service, account management, to accounts receivable. This one year course was designed to expand participants’ current knowledge within commercial, legal and financial areas.
Export Edge have received a Silver Partner Continuous Professional Development Award from the Irish Institute of Credit Management.
Course Modules
1. Credit Management
The Credit Management subject gives a practical overview of the function, the components and how to manage credit. It covers consumer, trade and export issues to give students a better understanding of the topic. The course is dynamic, surprisingly commercial and focuses on building strong customer relationships and finding a way to deliver every order, and what must be in place if getting paid is important to your business. As a result of completing this module the student will have a greater understanding of how to make the credit function an essential ingredient in protecting your margin, maximising collections and managing risk.
2. Accounting
The Accounting subject is specifically designed for credit professionals – not accountants – you will never have to prepare a set of accounts but you have to be able to understand them and make important decisions on that basis. This section shows you how. It also incorporates some simple and effective scoring models to improve your understanding of your customers. As a result of completing this module the student will have a greater understanding of accounting and its relation with credit management.
3. Economics
The Economics subject gives you a view of the economy works and why. What factors to look out for and will give you a better understanding of news and current affairs when you understand what is behind it. At the end of this module the student will understand economics and its relation with credit management.
4. Law
The Law subject gives you an understanding of the basics of the Legal System in Ireland – and covers relevant topics like Contract Law, Law of Torts and the Sale of Goods act, as well as a section on Credit and Security. At the end of this module the student will understand Irish law and its relation with credit management
The Irish Institute of Credit Management (IICM) is the professional and examining body for the Certificate course. Students are required to register as members of the Institute for duration of their studies. Through membership, students will have contact with the Institute. They will also be invited to attend workshops and expositions run by the Institute on relevant aspects of Credit Management.
Assessment
Assessment is by way of assignments and end of semester examination papers of two hours duration which require students to answer four questions out of eight. Examinations are held June and January.
Attendance Record
Students are expected to have a minimum attendance of 80%. Actual attendance may be taken into consideration when reviewing marks achieved in examinations.
Exemptions
IICM may grant exemptions from certain examination subjects in respect of which the student already holds an acceptable qualification. The Institute does not grant exemptions from examinations on the basis of experience. Export Edge will assist eligible students with applications for exemptions based upon their CV and academic achievements. Applications for exemption, supported by copies of the certificates, confirmation of the subjects passed together with the relevant syllabi and appropriate fees must be sent to IICM (Irish Institute of Credit Management) within four weeks of enrollment for the course.
Awards
IICM Approved
The certification is awarded to students who successfully pass all four examinations. The exams results are notified by IICM to students within two months of completion of examination. Holders of the Certificate are entitled to display “A.I.I.C.M. (Cert)” if associate member, or M.I.I.C.M. (Cert) if full member, after their name.
See course details (PDF).
