The Proficiency Exam allows experienced Member practitioners to enter directly into the FCI Career Path Intermediate Course -Level 2 without first completing Level 1 (Foundation). It is designed for Member candidates who already understand the fundamentals of factoring and receivables finance and can demonstrate that knowledge in a structured assessment.
Key dates (Term 1, 2026)
- Enrolment deadline for the Proficiency Exam: 4 December 2025
- Exam window: 8–14 December 2025
- Course start (for successful candidates): 5 January 2026 (Term 1)
>> Enrol in the Proficiency Exam
What the exam involves
This is a concise online assessment of Level 1 knowledge: 30 multiple-choice questions, a single attempt, and a clear standard that reflects everyday practice in our industry. A pass result places you directly into Level 2 (Intermediate) for the January start. If you do not pass, you will join Level 1 (Foundation) in the same Term 1 cycle so you can build the base you need before progressing. Either way, there is no lost time: you continue your learning journey in January.
Who it suits
The exam is intended for Member professionals who have gained Level 1 competence through experience rather than formal study. That might include colleagues working in trade finance, ABL, credit risk, operations, or legal who already engage with factoring workflows and terminology, as well as practitioners returning who wish to re-enter at the right level. If you are comfortable explaining the two-factor model, seller selection and control, buyer risk basics, assignment and documentation essentials, and the logic of dispute prevention and handling, the exam is likely a good fit to guide you to the right level based on your knowledge.
How to enrol
- Click the link below and select the Proficiency Exam option.
- Complete the online registration no later than 4 December 2025.
- Ensure your organisation’s Monitoring Manager approves the registration (standard member process).
- You will receive exam access details ahead of the 8–14 December window.
>> Enrol in the Proficiency Exam
Results and next steps
- Pass: you will be automatically enrolled into Level 2 (Intermediate) for Term 1, 2026.
- Not passed: you will be enrolled into Level 1 (Foundation) for Term 1, 2026, ensuring you cover the essentials before advancing.
Frequently asked Questions
Is there more than one attempt?
No. The Proficiency Exam provides one attempt.
Is the Proficiency Exam right for me?
If you have hands-on familiarity with factoring fundamentals and can confidently explain Level 1 concepts, it can shorten your pathway. If in doubt, Level 1 remains the best preparation for long-term success.
Does taking the exam affect my eligibility for Certificates?
No. Certificates remain open to qualified candidates; the exam only determines your entry point on the Career Path.
>> Enrol in the Proficiency Exam
If you have questions about eligibility, preparation, or the best route for your team, please contact your Regional Director.