FCIB

Welcome to FCIB's Online Course in International Credit and Risk Management - created by FCIB in partnership with the U.S. Department of Commerce and Michigan State University.

Visit US Department of Commerce
Visit Michigan State University

Designed with you, the practitioner in mind, this comprehensive, in-depth course will provide you with the knowledge and hands-on experience to better understand, manage and mitigate the credit risks associated with doing business internationally - in simple terms - the risks of getting paid, and getting paid on time. The course will help you and your company enter new markets and expand your presence abroad - and most importantly - achieve all this while protecting what is probably your company's largest asset - Accounts Receivable.

The course consists of twelve (12) modules and is conducted over a thirteen (13)-week period. Some of the topics that will be covered across the twelve (12) modules include:

  • The Credit Department - export credit policies and procedures, export credit applications, financial statement analysis, credit lines/limits, credit scoring
  • International Risk Assessment - risks/rewards in international credit, evaluation and identifying risk characteristics, terms of payment - what, how and why
  • Letters of Credit
  • Foreign Exchange
  • Risk Mitigation - export credit insurance
  • International Trade and The Law
  • Structured Trade Finance - financing techniques, risk sharing with banks, security and recovery
  • Cash and Treasury Management
  • International Accounts Receivables - reporting, monitoring and forecasting
  • … and more.

This is a cohort model online course - meaning it is instructor led, with a great deal of peer-to-peer interaction. You won't feel isolated. You will work in a collaborative learning environment. Various activities and regular communication with classmates and the instructor via Discussion Board and Email are vital elements of this online course. You will leave with knowledge in the field of International Credit Management and with a network of fellow professionals you can rely on. And FCIB will always be there for you.

Upon successful completion of the course, you will have the opportunity to take a certification exam and be awarded the CICP professional designation - Certified International Credit Professional (CICP). The certification exam must be taken within thirty (30) days from the end of the course.

Registration Fees 
FCIB Member$850
NACM Member$990
Non-Member$1500

Successful completion of the course means:

  • Completion of all course assignments
  • Regular participation in course discussions
  • Earning 75% or higher on module tests, and
  • Completing the online course evaluation at the end of the thirteen (13) weeks.

We realize that you are working professionals with busy travel schedules and circumstances may prevent you from participating in all discussions. We expect you to do your best. Students who fail to participate in at least 80% of the discussions will need a waiver from the instructor in order to sit for the certification exam

As a course participant, you should expect to spend about 5 to 7 hours per week to complete the course module and assignments. Motivation, commitment, good time management skills and self-discipline are required to succeed in an online course.

FCIB looks forward to working with you.

We are confident you will find the course both enjoyable and valuable!

Enjoy the experience! We wish you success!