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.
• The concept of credit, credit definitions and terminology, business conduct and
• ethics, the basis of contract.
• Introduction to credit assessment in the corporate and consumer markets.
• Different forms of business ownership and typical risk categories.
• Introduction to financial institutions and their role in the provision of credit services.
• The role and functions of the credit controller.
• Leadership skills with emphasis on the role of the supervisor
Instruction comprises lectures, group discussions, case studies, project work, etc, with regular assessment. Every student receives a complete set of notes, which covers the particular syllabus, and is updated continuously to reflect legislative and other changes. Experienced credit managers present the lectures and ensure that students are able to apply the theory in their work environment.
Each part of the course is offered once a semester, and two parts can therefore be completed in a calendar year. All progress tests and assignments completed by students will count towards the final mark for their course. The class fee includes registration for the examination. Examination entry will be refused to a student who has not complied with the sub minimum mark, based on continuous assessment during the course.
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.
Control of, and ultimately the management of the accounts receivable function of a business, is recognised as a key element for business success. It improves cash flow, establishes sound relations with debtors, and minimises the risk of irrecoverable sales. Professional credit managers must be able to manage the full spectrum of assessment, administration and collections in any environment. They must also possess an in-depth knowledge of all laws which impact on credit services directly and to the transitions taking place in society and the changing needs and demands of the market.
Institute of Credit Management (ICM).
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Important dates and times
Remember to apply and register on time.
Application Deadline: 2022-01-31
Course offered at:Online
Course lasts for: 16 Weeks (48 Hours)
Note about registration: Credit Management 1 is presented on Saturday mornings. The classes will only commence there are 12-15 students per class.
Please note the course is not Credit bearing.
Class times are: Saturdays, 09:00 – 12:00
Note about class dates: Please note that this date is subject to change. The course will commence once there are enough students who have enrolled for the course.
Course also offered online.
I met beautiful people, learn about other cultures. Learning English at CPUT was such a great experience that I will never ever forget. Those who want to learn English in Cape while having fun, CPUT is here for you. I am sure you will not regret it at all.
I chose the short course at CPUT, because I am a mom of a two year old. Doing a correspondance course just wouldn’t work for me. CPUT offers evening classes, which enabled me to attend classes for 6 months. I absolutely enjoyed attending the classes, I also learnt a lot and made friends within the similar fields and with similar interest. Thank you CPUT and the SCM team.
Catherine Andreka, Barloworld Logistics FM&S in Cape Town