To register for the Proficiency Exam, please click here.

Students who wish to directly study for the Intermediate Course – Level 2 without completing the Foundation Course - Level 1, need to sit and pass a special proficiency exam. This exam will test their knowledge on the basics of factoring, two-factor operations and FCI.

The proficiency exam is an online multiple-choice test which can be taken in December for the January intake and in June for the July intake.

Participants are only permitted to take the proficiency exam once. Proficiency Exam online enrolments should be done no later than the deadline outlined in the circular. Enrolments reaching the FCI Secretariat after the deadline will not be accepted.

• If the student passes the Proficiency Exam, they will be enrolled into the Level 2 Intermediate Course for the upcoming Term by FCI automatically.

• If the student fails the Proficiency Exam, they will be enrolled into the Level 1 Foundation Course for the upcoming Term by FCI automatically.

Career Path Level 1 Course

Online exam: For Career Path Level 1 course (Foundation Course), there is one online exam of 30 multiple-choice questions, to be completed within 120 minutes that students must pass to qualify for the FCI Bronze Certificate. Students can take the online exam during the following periods and no later.

• Term 1: 1 February - 31 March

• Term 2: 1 May - 30 June

• Term 3: 1 August - 30 September

• Term 4: 1 November - 31 December

Career Path Level 2 & 3 Courses

Interim exam: For Career Path Levels 2 & 3 courses (Intermediate Course & Advanced Course), there is one online interim exam of 40 multiple-choice questions each, to be completed within 150 minutes that students must pass in order to qualify for the final exam. The interim exam must and can only be taken online using the e-learning courses platform. Students can take the interim exam during the following periods and no later.

• Term 1: 1 February - 30 April

• Term 3: 1 August - 30 October

Final exam: Provided they passed the interim exam, students must sit the final examination on any day during the periods below. For the final examination, detailed information will be sent to the monitoring manager no later than the start of the exam period.

• Term 1: 1 May - 31 May

• Term 3: 1 November - 30 November

Results: Students can expect to receive their results no later than 3 months after the course closes. 

Retake of the Final exam – Intermediate Course & Advanced Course

Students who passed the interim online exam but failed the final exam can retake the final exam. The course must have been taken within the last 12 months. If interested, a retake can be purchased for EUR 60. Please register to retake the exam by clicking here.

FCI Academy Career Path - Level 1 – Foundation Course on Factoring is offered in English, Chinese and Spanish.

All other Courses are offered in English only.

The FCI Academy e-learning environment is hosted in Moodle, a well-known, globally acknowledged learning platform and is an integral part of our Learning Management System (LMS). It includes a series of interactive tools and a course forum where students may exchange ideas and views on courses and related topics. It also provides an interactive self-assessment tutorial and an examination tool. All our online courses must be completed in this platform. It is accessible from both the public FCI website and the FCI Private Net, only by registered students.

Assistance and Coaching (Diploma Courses)

From the start date of each Diploma Course until the last day before the final examination period, the Education Team is available to all students for assistance with the study material and coaching for the online interim exam. Email will be used for all contacts and correspondence.

Career Path Level 1 Course

Due to the short period within which the course must be completed, substitutions of enrolled students are not allowed under any circumstances. Also, there will be no refund of the enrolment fee, credit for next year’s enrolments, or extension of the course/examination period under any circumstances.

Career Path Level 2 & 3 Courses

Substitutions of enrolled students are allowed up to 1 month after the start date of the course; after this period, substitutions are not allowed under any circumstances. Also, there will be no refund of the enrolment fee, or credit for future enrolments, or extension of the course/examination period under any circumstances.

Payment of invoices is the obligation of the member company, not of the student. Payments must be made from the member company and include the invoice number. All payments regarding the invoices of the courses’ registrations approved by the monitoring manager and invoiced thereafter are the obligation of the member company.

Payments via bank transfer(s) without an invoice number cannot be identified, and since we cannot ascertain who paid and who did not, we cannot give access/login details to the course.

Cancellations of registrations and cancellations of payments of the course’s invoices after the official starting day of each course are not allowed under any circumstances. Also, there will be no refund of the enrolment fee, or credit for future enrolments, due to the resignation of the enrolled student or due to the non-payment of the invoice by the enrolled student or due to the fact that the student has never accessed the respective course and under any other circumstances.

All study material for all courses will be available to the enrolled students exclusively from the special download section of the e-learning platform. All enrolled students will receive a letter of instruction via their monitoring manager on how to obtain the required study material and how to access and use the e-learning platform. Please note that for the Career Path Courses, the total enrolment fee must be paid in full before the course has started.