CDCS-UK
ADVANCED
STUDIES IN
(CERTIFIED DOCUMENTARY
CREDIT SPECIALISTS – LC UCP 600)
LC UCP 600. URR 725. URC522. ISP98. ISBP
THE TOP ACCREDITED
CERTIFICATE IN THE BANKING & BUSINESS WORLD
INTERNATIONALLY RECOGNIZED BY BANKS & BUSINESS CORPORATE
Be the Top Professional in
LC Management & Import/Export Operation
Trade Finance/Services
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L.C Processing
L.C Examination
Documents preparations/Examinations
Documents Checking
Reimbursement and Payment
LC & Guarantee Approvals
PIONEERS IN EDUCATING BETTER CAREERS
What is CDCS?
CDCS is the international standard qualification for documentary
credit specialists. It is a professional certification that enables
documentary credit practitioners to
demonstrate specialist knowledge
and application of skills required for
competent practice.
CDCS was developed in partnership by the ifs School of Finance
and the International Financial Services Association (IFSA). It is
endorsed by the International
Chamber of Commerce (ICC) and
was developed in consultation with
industry experts to ensure that the
qualification reflects best practice.
Why study CDCS?
To improve your practical knowledge and understanding of the
complex issues associated with
documentary credit practice
To improve your career and promotion prospects
To increase your expertise and
professional value
Helps you demonstrate a level
of expertise that is accredited
worldwide
Can be used as part of your continuing professional development
To gain access to the benchmark
professional designation 'CDCS'
Please note: Re-certification is
required every three years in order to
retain the CDCS designation.
What are the benefits?
Convenient Hours: Offered after
work or on Weekends, the courses
are an attractive option for busy professionals who would like a structured classroom format.
Company/Employee tuition reimbursement: Many organizations offer
a tuition reimbursement program for
continuing education courses.
Networking opportunities: Learn
from instructors and colleagues who
have a variety of industry experiences to share.
Paced
courses:
Classroom
expectations and assignments provide a framework for learning the materials in a set time frame.
Clarification and Discussion: The
classroom setting provides a forum
to discuss difficult topics
CDCS Winners
2008: Mr. Sahasranaman Narayan – National Bank of
Um-Al Quwain,Dubai, Ms.Anagha Ojas Kanada) Commercial Bank of Dubai, Dubai
2009:Mr. Devi Priya – Accounts Officer, Amgulf Polymers &
Chemicals, Mr. Mathew Thomas – Sr. Commercial
Officer, Platinum Corp Fze, Ms. Siji Mathew – Commercial Bank of Dubai, Dubai
Mr. Aravind – Finance & Accounts Manager
2010: Mrs. Bernedt - National Bank of Fujairah
PIONEERS IN EDUCATING BETTER CAREERS
� Phoenix Institute for Management Education brings you an International Certification
� London Academy of Management Studies
UK –Premium Certification
� Certified Documentary Credit Specialist
(CDCS)
� International recognition and reputation
� CDCS certification program is designed to
enhance the perceived market value – a
quality brand endorsement
COURSE CONTENTS
� Documentary credit - an overview
� The sales agreement
� Documentary credits - types and uses
� Parties to documentary credit transactions roles and responsibilities
� Issuance and amendments
� Transport documents
� Other documents
� Presentation, examination and settlement
Qualification level: Level 3
Examinations
Duration: 75 Hours
CDCS is assessed by a three-hour
multiple-choice examination (paper
based), designed to test your knowledge and its application to practical
situations. The examination is split
into two sections:
How do I study?
You prepare for the examination
through independent study.
On registration, you will receive a
detailed study text, developed by
the ifs School of Finance, with
approval by the ICC. You will also
receive a study guide containing
sample questions, study tips and
key terms to help you prepare for
your examination. A new text is
available from September 2007
incorporating the new UCP 600
rules, written by Gary Collyer who
chaired the ICC Working Group for
the revision of UCP 500.
Preparatory
and/or
review
courses may be available through
ICC local committees or other organizations, subject to demand. Please
contact your local ICC for details.
Section A – 83 multiple-choice
questions
Section B – 37 multiple-choice
questions based on case studies
(in-basket exercises), analysis questions and simulation exercises
Overall the examination comprises 120 questions. To pass you
must achieve the required pass
mark in Section B as well as achieve
the overall pass mark. The pass mark
for CDCS may vary from year to year
to maintain an equivalent level of
performance to achieve a pass. As a
guide, the pass mark is usually in the
region of 70%.View your nearest
examination venue.
� Bank-to-bank reimbursements under documentary credits
� Related products
� Risk issues
PIONEERS IN EDUCATING BETTER CAREERS
Examination/registration
facts at a glance
You may defer your examination to
the following year free of charge until
28 February. After this date you will
have to pay an administration charge
of £75.00. Download the CDCS application form for registration changes.
DURATION
TIMING
TRAINER
MATERIALS
COURSE FEE
-
60 Hrs
Weekdays, Fridays
Certified/Qualified – ICC,UK
Provided
AED 4000-/-
You may change your examination
venue up to two weeks before the
exam, subject to availability.
Attendance letters are sent out
three weeks prior to the examination.
Results are released within 10 working weeks of the examination date. You
may
access
your
results
at
www.myifslearning.com using your
Username and Password. Please note,
results cannot be confirmed by telephone, fax or email.
Results are double-checked before
being released, and therefore a remark is not available.
PIONEERS IN EDUCATING BETTER CAREERS
KARAMA CENTRE, SUITE NO: 115,
D BLOCK, 1ST FLOOR
KARAMA, DUBAI,
TEL: 04 3355279, 050 8354721
email:phxuae@eim.ae