Founder member of FECMA

The recognised standard

What exemptions will be arranged for the new Level 5 Diploma?

CICM will recognise exemptions from the current units to new units in the qualification as shown below:

 

Exemptions for old QCF Level 5 Diploma units

Old QCF Level 5 Diploma Credit New Level 5 Diploma Credit
Map the organisational environment 6 Strategic Planning 10
Develop a customer focused organisation 5 Strategic Communications and Leadership 10
Developing and leading teams 4    
Credit Risk Management 8 Advanced Credit Risk Management 10
Evaluate compliance with legal, regulatory, ethical and social requirements 6 Compliance with legal, regulatory, ethical and social requirements 10
Monitor and review business processes 3 Process improvement 10
Legal Proceedings and Insolvency 8 Legal Proceedings and Insolvency 10
Total Credits (plus 10 optional credits) 40  Total Credits (no optional credits required) 60 

 

 

Exemptions for old pre-QCF Level 5 Diploma units

Old QCF Level 5 Diploma New Level 5 Diploma Credit
Practical Credit Management Project * Strategic Planning 10
  Strategic Communications and Leadership 10
Advanced Credit Management Advanced Credit Risk Management 10
  Process improvement 10
Credit Management Law Compliance with legal, regulatory, ethical and social requirements 10
Legal Proceedings and Insolvency Legal Proceedings and Insolvency 10
  Total Credits  60

* Depending on the content of the project

 

The Institute will assess exemptions for any earlier units or for other business related qualifications on an individual basis, following standard exemption arrangements. There will be no exemption fee to carry out work related to former CICM qualifications.