0
CMA President Mike Mitchell

CMA President Mike Mitchell

I have long wondered why institutions of higher learning have not offered courses in business credit. When I was pursuing my graduate degree in business administration, I don’t recall that credit ever came up as part of the course curriculum. I began working for CMA shortly after I completed my degree, and this is where I learned that business credit is really what makes the U.S. economy as unique, competitive, and robust as it is.

NACM does a great job of supporting professional development and recognizing credit professionals through its Professional Certification Program, but that only touches practicing credit professionals. What about the many more college graduates and job seekers who don’t know that credit jobs exist? How do we reach out to those people who are pre-career or looking to change direction and let them know about credit as a career? What about small business owners who don’t have the staff to delegate credit decisions?

A few years ago, CMA was invited to participate in the development of a credit analysis and management certificate program at the University of California Los Angeles (UCLA) Extension to expose an entirely new audience to credit as a career. The program is intended for the credit community in banking and finance, trade credit management and small business owners. Roger L. Torneden, Ph.D., CFP®, the Director of Business, Management and Legal Programs at UCLA Extension, actually worked as a credit manager at JC Penney. He saw the same opportunity as we did to reach people working outside of credit.

CMA is committed to bringing qualified credit management professionals to member companies, and programs like this one at UCLA Extension is a great way to do that, specifically when CMA- and NACM-member companies are looking to fill internships or entry-level positions that require specific skill sets in credit management.

Many students have already successfully completed the coursework, and CMA continues to help UCLA Extension promote this great program. With training from UCLA and professional networking and services from CMA, our collaboration could seed the next generation of credit managers and expand the NACM brand.

For more information, visit www.uclaextension.edu/credit.

No comments yet.

Leave a Reply