ABFA CERTIFICATE COURSE
The ABFA Certificate course is the second level of the ABFA’s 3-Step Distance Learning Programme. It is a natural continuation from the ABFA Foundation course, provides a solid base for the ABFA Diploma programme, and is a professionally recognised qualification in its own right. The Certificate is examined by the ABFA and is a recognised qualification within the invoice finance industry.
Content
The Certificate looks in detail at the management and control of invoice financing and provides details of other asset based finance products. As a course of study, it is aimed to help students build their skills, knowledge, and understanding of the industry.
Module One – Products & Services
Objectives
On completion of the module students should have a detailed understanding of:
- The history of invoice finance
- Invoice finance products available in the market
- International invoice finance products
Students should also have gained an introductory level of:
- Other asset based finance products
Module
Two – Process & Management
Objectives
On completion of the module students should have a detailed understanding of:
- The concepts of marketing and sales
- The new business visit and survey
- Industry-specific risk areas
- Invoice finance pricing
- Client management
- Auditing
- Invoice finance fraud and risk
- Client termination
Module Three
– Technical & Legal Aspects
Objectives
On completion of the module students should have a detailed understanding of:
- Various business structures
- Basic law of contract
- Legal aspects of invoice finance
- Insolvency
- Debtor litigation
- Financial analysis techniques used in invoice financing
Assessment
At the end of each section within a module there are review questions and actions, which largely require the student to investigate their own company’s procedures and practices. These are for discussion within the student’s organisation and are not assessed by the ABFA. In addition, there are still the normal assignments for each module, which are sent to the student by the ABFA at pre-determined intervals and must be completed and returned to the ABFA for assessment. Assignments will be graded a ‘fail’, ‘pass’, ‘credit’ or ‘distinction’ and students must pass all three assignments to be able to sit the final exam. The grades awarded for these assignments, in total, make up 40% of the overall grade for the Certificate Course.
On completion of the third assignment a mock examination paper
will be sent to the student for revision purposes and one year after registration
students will sit an examination which will make up 60% of the marks required
to pass the Certificate Course. The examination carries a 50% pass mark, papers
will be graded a ‘fail’, ‘pass’, ‘credit’ or ‘distinction’ and successful students
will receive a Certificate.
2012 EXAM DATES – 23rd May & 21st November
Entry Requirements
None. Though those who have not undertaken studies for some time may find completing the Foundation course first beneficial.
To download a Certificate Course Mailer Click
Here
To download a Student Questions &
Answers Sheet Click Here
To book for the course please visit http://www.abfa.org.uk/publicdb/select_event.asp
Course Structure
At the end of each module there is an assignment to complete to a deadline. All three assignments must be passed to be able to sit the Certificate exam. Upon receipt and pass of the third assignment a model exam paper will be sent to the student.
A year after registration the students will sit an examination carrying a 50% pass mark. This will be based on the content of the Certificate course workbook. Papers will be graded Fail, Pass, Credit or Distinction. Successful students will be awarded the ABFA Certificate.
Study Time
This is a self study course requiring each student to commit a maximum 5 – 6 hours per week study time. The course is designed around a 12-month study period.
Cost
£650 plus VAT – Member; £970 plus VAT – Non-Member, payable on registration.
Level
The course is primarily aimed at those students operating as Client Managers, Operations Managers, Auditors or a similar level within their organisation, but is equally suitable for anyone wishing to gain deeper knowledge of the industry.
Registration Deadlines
1st February – 31st May annually
1st August – 30 November annually
Enrolment on the course is made by either contacting the Training Manager in your organisation or by applying directly to the ABFA.
Onward Progression
The Certificate is a recognised qualification within the asset based financing industry. Successful completion gives students the opportunity to study for the ABFA Diploma.
