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    • Home
    • Certifications
      • CFS
      • CPMA
      • CSM
    • Diplomas
      • Human Resource Management
      • Marketing
      • Supply Chain Management
    • For students
      • Exam Preparation
      • Exam Registration
      • Exam Candidate Account
      • Exam Experience
      • Digital Certificate
    • For education providers
      • Registered Centres
      • Prospective Centres
      • New Centre Application
    • About
      • About IQN
      • Recognition
      • Approach
      • Governance
      • Exemption Policy
      • Contact us

  • Home
  • Certifications
    • CFS
    • CPMA
    • CSM
  • Diplomas
    • Human Resource Management
    • Marketing
    • Supply Chain Management
  • For students
    • Exam Preparation
    • Exam Registration
    • Exam Candidate Account
    • Exam Experience
    • Digital Certificate
  • For education providers
    • Registered Centres
    • Prospective Centres
    • New Centre Application
  • About
    • About IQN
    • Recognition
    • Approach
    • Governance
    • Exemption Policy
    • Contact us

World's most affordable certification in Finance

With the CFS certification, you will develop the analytical tools and skills required for the success in your business and finance career.

Standout with the CFS designation after your name!

  • Affordable: Free study materials, free registration, no annual subscription fees, no re-sit exam fees; only cost is exam fee which is payable just once.
  • Accredited:  Fully recognised in the qualification frameworks in the UK and EU.
  • Fast-track: Lean and applied syllabus leading to exam success within 3 months.
  • Flexible: On-demand exam available any time of the year virtually at any corner of the world!

Global Recognition

CFS certification is recognised as SCQF Level 7 qualification on the UK's national qualifications framework. In the European Qualifications Framework (EQF), the certification is referred to as a Level 5 qualification. CFS certification has been granted the SCQF accreditation by University of the West of Scotland.

Eligibility

If you have a minimum of one-year work experience at any level of finance, accounting or business management role, then you are eligible to sit for the CFS exam. A minimum of one-year experience is the only eligibility requirement to sit for the exam.

Register for Free!

How to achieve the CFS designation

Step 1 - Free Registration

Step 1 - Free Registration

Step 1 - Free Registration

Click here to register and get your FREE copy of 'CFS Body of Knowledge' and practice book. Practice book contains exam style MCQs. You will not need any other materials for your exam preparation.

Step 2 - Study

Step 1 - Free Registration

Step 1 - Free Registration

CFS exam will assess your understanding of 'CFS Body of Knowledge'. You can study independently from anywhere in the world. We call it 'self-study' route. However, you must study at HumanPro Training Institute if you currently reside in Kuwait. If you are living in Serbia, you must study with LINK Group Professional Education.

Step 3 - Take the exam

Step 1 - Free Registration

Step 3 - Take the exam

There is only one exam for the certification. Once your exam preparation is complete, you need to register for your CFS exam. The exam is computer-based and available any time of the year. You can sit for the exam virtually from anywhere in the world.

Fees

No registration fees

No annual subscription fees

No registration fees

There is no initial registration or application fee. We do not charge anything for study materials. 'CFS Body of Knowledge' and practice book (PDF copies) are provided FREE.  

Exam fee

No annual subscription fees

No registration fees

Exam fee is the only cost component in your investment towards gaining the CFS designation. You will pay exam fees only when you will register for the exam. The exam fee is £149. This fee covers not only the first exam attempt but also up to three (3) re-sit exam costs.

No annual subscription fees

No annual subscription fees

No annual subscription fees

After passing your exam, you become entitled to use the CFS designation after your name for fifteen (15) years. There is no annual membership or subscription fee!

Special Offer - Valid until September 30, 2023

Our regular exam fee is £149. However, if you take your exam on/before September 30, 2023, you will only have to pay £99! This discounted fee will be auto applied when you register and pay for the exam before this deadline.

CFS Body of Knowledge

  • Basic Financial Statements
  • Company Financial Statements
  • Statement of Cash Flows
  • Interpretation of Financial Statements
  • Costing Systems 
  • Budgeting
  • Standard Costing
  • Cost Volume Profit (CVP) Analysis
  • Financial Decision Making Techniques
  • Pricing
  • Investment Appraisal
  • Working Capital Management
  • Sources of Finance
  • Islamic Finance

Exams

Exam schedule

Exam schedule

Exam schedule

 A single MCQ-based exam assesses CFS certification. The exam is computer-based and available 'on-demand' at any time of the year from anywhere in the world! We use AI-based remote proctoring technology to conduct online MCQ exam. This allows you to take the exam from the comfort of your home or office. All you will need is a laptop or desktop with seamless internet connection.

Re-sit exams

Exam schedule

Exam schedule

If you fail the first exam attempt, you will be allowed (maximum) three (3) re-sit exam opportunities. Re-sit exams can be taken even immediately after any failed exam attempt. However, all re-sit exam opportunities must be taken within three (3) months from the date of the first exam attempt. You do not have to pay any fees to take re-sit exams. All re-sit exams are free!

Exam Structure

Exam schedule

Exam Structure

The duration of the CFS exam is 90 minutes. The exam has 50 MCQs. Each MCQ carries two marks. So the total marks are 100. You need to score at least 60% to pass the exam. Each MCQ will have one correct or best answer. There will not be any negative marking if you select the wrong answer for any MCQs. 

Exam Preparation

  • CFS exam questions are set from the 'CFS Body of Knowledge'. You are also required to study MCQs provided in the 'Practice Book'.
  • If you are already familiar with finance and accounting concepts, you may complete the preparation pretty quickly! However, if you are relatively new to finance, you may need to study for three (3) months.
  • In Kuwait & Serbia, we have registered centres who provide exam preparation classes for the CFS students. In rest of the world, students need to take exam preparation independently. We call it "self-study" route.

Digital Certificate & Digital Badge

  • Once you pass the exam, we will issue your digital certificate and digital badge within seven (7) working days. We will send instruction about digital credentials to your email ID.   
  • Our digital credentials are issued through Credly. Organisations will be able to verify your credentials online. You will be able to print your digital certificate through Credly.
  • Our digital certificates are more reliable than traditional paper certificates. However, if you still need a hard-copy certificate issued by IQN, an additional fee (£99) will apply.

Recertification

  • You will become authorised to use the CFS post-nominal letters after your name for 15 (fifteen) years by successfully passing the CFS exam.  
  • We do not charge any annual membership or subscription fee. 
  • Maintaining the standards for the CFS designation is crucial for your professional growth and fluency within the industry. For recertification, you will need to appear in the CFS exam just once every 15 (fifteen) years. 
  • Recertification ensures that all CFS credential holders maintain the required knowledge and competence level.

Take the first step towards gaining the CFS designation!

Register Your Interest!

We have hundreds of CFS designation holders across the world

IQN is a registered trade mark of International Qualifications Network Ltd. (UK TM Registration No. UK00003000727). International Qualifications Network Ltd. is registered in Malaysia under LCA 1990.

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