Success in your Finance Career
Managing a career in finance requires staying up-to-date on industry trends, as well as maintaining a commitment to ongoing education and professional advancement. With the CFS certification, you will revive, nurture, and increase your knowledge base. The certification provides a comprehensive introduction to the analytical tools and skills that you need to thrive in different financial management roles. The certification provides a solid grounding in contemporary financial management concepts with a particular emphasis on the decision making tools and their application to real world problems.
CFS certification is recognised on the Scottish Credit and Qualifications Framework (SCQF) as a Level 8 qualification. The SCQF is one of the national qualifications frameworks in the UK. The SCQF is a partnership between the Quality Assurance Agency for Higher Education (QAA), College Development Network, the Scottish Qualifications Authority and Universities Scotland. The CFS certification is also recognised as a Level 5 qualification in the European Qualifications Framework (EQF).
What will I learn?
CFS certification provides you with skills that are at the cutting edge of financial management practices. You will get the opportunity to learn the basic theory and analytical skills that are much-needed for working capital management. You will examine the workings and efficiency of capital markets and you will master the principles of capital structure. You will be able to perform business valuations using simulated cases. You will learn how to evaluate business mergers and acquisition decisions. You will analyse company restructuring alternatives and make smart investment appraisal decisions. You will also enjoy an introduction to the fundamental concepts of Islamic finance.
Who is it for?
There are no formal entry requirements to study the CFS certification. We welcome professionals who will be able to stand out in the industry by gaining the certification. We also welcome individuals who are planning to develop their career in finance.
How to complete CFS?
First step is to complete a quick registration with us. Click here to register your interest and confirm your country of residence. Once you complete this free registration, we will contact you through email and advise you regarding next steps.
If we have a registered centre in your location, you will need to attend CFS exam preparation classes with the centre. If we do not have any registered centre in your location, we will share free coursebook with you so that you can study independently.
Once your preparation is complete, you can take CFS exam any time of the year. CFS exam is available 'on-demand' in 175 countries through Pearson VUE Authorised Test Centres. The exam can be booked through Pearson VUE website.
In order to achieve the CFS credential, you need to pass a computer based MCQ exam. Duration of the exam is 60 minutes and total mark is 100. You will need to get minimum 50% marks to pass the exam. If you fail, you can always resit the exam at a convenient time.
|Exam duration||No. of MCQs||Total marks||Pass marks|
|60 Minutes||35 MCQs||100 marks||50%|
If you unfortunately fail in your first exam attempt, you will be allowed four re-sit exam opportunities. That is, you will have total five exam attempts to successfully complete the certification. However, all re-sit exams must be taken within two years from your first exam attempt date.
CFS exam fee is payable through Pearson VUE web account. If you fail in your first exam, you can always resit by paying only £29. If you are studying with a registered centre, you will need to pay tuition fees to the centre.
|Exam Fee||Resit Fee||Coursebook|
Stand out to your employers by gaining professional certifications alongside your degree. If you have already completed an advanced level finance qualification, then you can claim exemption from CFS exam. Click here to submit your exemption application for a free assessment. If your exemption application is successful, you will need to pay exemption fees within 30 days of your initial application. Our exemption fee is exactly same as our exam fee.