The Institute of Credit Management

The Institute of Credit Management is the only UK body which offers professional qualifications in credit management. To gain a professional credit qualification, individuals must first register as students of the Institute and progress through its Education Scheme by completing the relevant examinations.

STUDYING

The Institute does not require candidates to satisfy any age or education criteria before being admitted.

QUALIFYING

Students can decide which particular qualification, of the three available, they want to achieve and progress accordingly. The qualifications are:

The Foundation Award in Credit Management

This is a stand-alone qualification that is awarded to students who successfully complete the Certificate unit
Introductory Credit Management.

The Certificate in Credit Management

This qualification is awarded to students who complete successfully the four Certificate level units:

1. Introductory Credit Management
2. Accounting
3. Business Law
4. Business Environment

Students who have already obtained the Foundation Award can continue with their studies later, and take the remaining three units at this level to obtain the Certificate in Credit Management. Other students can enter direct at this point without the need to obtain the Foundation Award beforehand. On passing the Certificate examinations, students will become Associate Members of the Institute and be entitled, for as long as they continue in membership, to use the designatory letters AICM(Cert) after their names.

The Diploma in Credit Management

This qualification is awarded to Associate Members who have obtained the Certificate in Credit Management and then go on to complete the four Diploma level units successfully:

1. Advanced Credit Management
2. Practical Credit Management (examination only)
3. Credit Management Law
4. Legal Proceedings and Insolvency

On Passing the Diploma examinations Associate Members will become Graduate Members of the Institute and be entitled, for as long as they continue in membership, to use the designatory letters MICM(Grad) after their names.

Institute students in the UK may pursue their studies by evening attendance at colleges in over 30 major centres or by distance learning. A full list of colleges and study options is available from the Institute.

Further details can be obtained from The Institute of Credit Management, The Water Mill, Station Road, South Luffenham, Oakham, Leicestershire, LE15 8NB Tel 01780-722900 or Fax 01780-721333