THE INSTITUTE OF
PROFESSIONAL FINANCIAL
MANAGERS
CPFM YOUR PATH TO SUCCESS
THE INSTITUTE OF
PROFESSIONAL FINANCIAL
MANAGERS
ABOUT IPFM
The Institute of Professional Financial Managers (IPFM) was
established in 1992 to provide a body for professional
financial managers. The IPFM set out to fill the niche market
between the accountancy and treasury management
professions.
Today, IPFM has over 10,000 members from over 40
countries. In addition, IPFM has established links with
reciprocal bodies in Australia, Belgium, Canada, Ghana,
India, Nigeria, South Africa, UK, US and Zimbabwe.
IPFM is incorporated under the Companies Act and is
registered as a Professional Institute – UK, under number
5763364.
CERTIFIED PROFESSIONAL FINANCIAL
MANAGER - CPFM
The Certified Professional Financial Manager (CPFM)
Program has been designed to recognize the unique
qualifications and expertise of those professionals engaged in
financial management. The CPFM designation is intended to
provide distinction in today's economic climate and affords the
opportunity to certify proficiency in the business areas that are
critical to the decision-making process and the field of financial
management.
CPFM YOUR PATH TO SUCCESS
THE INSTITUTE OF
PROFESSIONAL FINANCIAL
MANAGERS
CPFM – PROGRAM OBJECTIVES
Today the success of the new economy requires much more than simply
responding to market demand, accelerating change, information
revolution,
globalization,
intensified
competition,
rapid
accommodation of services among others. Businesses today
increasingly require professionals who can integrate knowledge from
multiple sources to address strategic business issues and help create
innovation-driven business models. This innovation imperative
presents unique opportunities for high-level professionals who can add
new value in a global, knowledge-based economy.
There are main five objectives of the CPFM program:
• Establish financial management as a recognized profession;
• Identify the role of financial management;
• Develop higher educational standards in the financial
management field;
• Establish an objective measure of an individual's knowledge and
competence in the field of financial management; and
• Encourage continued professional development for those who
are engaged in financial management.
BENEFITS
• The privilege of using the letters CPFM, which are
internationally recognised.
• Increased self-esteem and pride in one’s work
• Increased ability to manage a complex financial operation
• Demonstration of commitment to one’s chosen profession
• Enhanced career opportunities
CPFM YOUR PATH TO SUCCESS
THE INSTITUTE OF
PROFESSIONAL FINANCIAL
MANAGERS
CPFM – PROGRAM OUTLINES
❖ The nature and scope of financial strategy
❖ Capital investment
❖ Project Appraisal: sensitivity analysis and capital rationing
❖ Allowing for inflation and taxation in DCF
❖ Sources of finance: share capital
❖ Financing Options
❖ The cost of capital
❖ Capital markets
❖ Stock market efficiency
❖ Introduction to working capital management
❖ Management of inventories and receivables
❖ Management of cash and payables
❖ Currency risk
❖ Interest rate risk
❖ Futures, Options, Forward rate agreements and SWAPS
CPFM YOUR PATH TO SUCCESS
THE INSTITUTE OF
PROFESSIONAL FINANCIAL
v
MANAGERS
CPFM CERTIFICATION REQUIREMENTS
To be eligible to apply for the Certified Professional Financial Manager
(CPFM) candidates must fulfil both educational and experience
requirements:
1) Hold a degree/diploma in a management-related area, from a
recognised college or university. All transcripts must be submitted
in English and show the official seal of the college or university.
2) Have two years’ relevant work experience in a commercial,
management or financial environment
3) Completed the certification program.
4) Pass the Assessment for the Certification Program