50 Years Facilitating Open Account - Trade Finance

Intermediate Course on International Factoring 

The FCI Intermediate Course is the second level of FCI’s 3-Step Career Path programme. It is the natural next step from the FCI Foundation Course.

 

  • Principles of the two-factor system
  • Operating rules & basic legal rules of the two-factor system
  • Best business practices in operations
  • Use of edifactoring.com and EDI rules

 

Who should attend?
The course is primarily aimed at those students operating at junior or experienced levels who are involved in the day-to-day operations of the FCI two-factor system. It is significantly more detailed than the Foundation Course and requires students to have a minimum of 12 months experience in international factoring.

 

Qualification
The Intermediate Level Course (Level 2) requires a prior Foundation Level (Level 1) certificate on international factoring. 
Important notice – Proficiency Examination: Participants wanting to start the Level 2 Intermediate Course without completing the Level 1 Foundation Course need to pass a special Proficiency Exam from Level 1. This exam will test their knowledge on the basics of factoring, two-factor operations and FCI.

 

The Proficiency Exam will be an on-line multiple choice test which can be taken in December for the January course and in June for the July course. Participants are only permitted to take the Proficiency Exam once.

Please click here to register for the Proficiency Exam to allow you to start with the Intermediate Course without completing the Level 1 Foundation Course.

 

Study time & examination

The course is designed to be completed within four months (including the on-line multiple choice interim examination) plus one month for the final written examination.

 

Study material
Intermediate Course study material provided by FCI,  FCI edifactoring.com rules, purchase order management guide, invoice verification guide.
On-line help by FCI’s education director is available.

 

Assessment
Participants take on-line multiple choice interim and final written examinations covering the study material. Those who pass will receive the FCI Silver Diploma on international factoring.
 

Maximum number
20 participants from each FCI member.

 

Cost
Euro 275
 

Starting date
The course is offered twice a year, starting on 1 January and 1 July.

Please register here for the Intermediate Course.

 

 

To download the brochure of the course please click here

 

Want to know more about the FCI Educational Programme? Please contact the FCI Secretariat