Hire a Credit Professional Who Is Certified To Do The Job


Accountants have CPAs, Attorneys have Esq., Association Executives have CAEs, Business Professionals have MBAs, and many Professors and Scientists have PhDs.

Business Credit Professionals can also receive professional designations that identify their level of knowledge and skill at the credit profession. There are three professional designations that demonstrate a commitment to excellence in the credit field: CBA – Credit Business Associate, CBF – Credit Business Fellow, and CCE – Certified Credit Executive.

Credit Management Association (CMA) provides online educational programs that fulfill the course requirements for credit professionals to achieve their NACM (National Association of Credit Management) designations.

  • CBA is an academic-based designation which signals mastery of three business-credit related subjects: Business Credit Principles, Basic Financial Accounting, and Financial Statement Analysis. No minimum work experience is required. Applicants must be registered with NACM National (nacm.org) prior to applying to sit for the exam.
  • CBF is both academic and participation-based and signals competence in two intermediate courses: Business Law and Credit Law. Applicants must also have accumulated 75 Career Roadmap points, and be registered with NACM National. One cannot achieve a CBF without first having achieved a CBA designation.
  • CCE is NACM’s highest designation that endorses its achievers as capable of managing the credit function at an executive level. There are several ways to qualify for the CCE, and candidates must pass a rigorous exam that tests them in accounting, finance, domestic and international credit concepts, management and law. Applicants must also have accumulated 125 Career Roadmap points. Certified Credit Executives are also required to recertify every three years. Once they reach 60 years of age or have formally retired at age 55, they are exempt from recertifying and receive a lifetime certification status.

Registration with NACM National is required prior to applying to sit for each of the Designation’s exams, which can be proctored at the students’ company location. Exams are held only four times per year in March, May or June (only at Credit Congress), July, and November. CMA helps facilitate the certification process by providing information on all our education programs (classes, seminars, webinars, and conferences) to National for the students lifetime file.

NACM has just introduced a new designation called the Certified Credit and Risk Analyst (CCRA). This is academic-based which signals mastery in the analysis and interpretation of financial statements. It was created to support the need to

Cheryl Hammond, CMA
Cheryl Hammond, CMA

maintain sound financial analysis skills. Three courses are required along with a final exam, but Career Roadmap points are not needed for this lifetime designation.

CMA hosts free webinars every other month on the Professional Certification process called “Destination Designation”. If you have are interested in any of the Designation programs, please contact CMA at 831-475-9482 or email Cheryl Hammond at chammond@emailcma.org.

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