Credit Management 2

The Cape Peninsula University of Technology (CPUT) offers a three-part course for the Certificate in Credit Management based on the syllabus of the Institute of Credit Management (ICM).

The CPUT sets examinations for each of the three parts of the course. A certificate will be awarded to successful participants after completion of each part of the course.

Examinations are competency based and concentrate on the practical application, in a simulated work environment, of the theoretical aspects studied by the student during the course.

The objective is to equip a student to perform at a specific job level and to test the performance level at the end of each part of the course, rather than to test for theoretical knowledge only.

The exit level of the first part of the course is at the level of a credit controller, the exit level of the second part of the course is at the level of a supervisor in credit control, and the exit level of the third part of the course is at the level of a credit manager.

Outcomes:

Fully qualified and knowledgeable credit controllers and credit manager are in demand by all businesses and can expect to be suitably rewarded. There is recognition by commerce and industry that in-house training of staff on systems and procedures requires to be supplemented continually, because of the dynamic changes in the environment. Existing practices and procedures need to be changed to comply with new demands by the market and new requirements from the legislature.

A qualification achieved through formal study, with wide recognition from prospective employers and based on a combination of theory and practical application, is indispensable for any person wishing to make a career in credit.