Untitled - Asian International Academy

Sri Lanka Institute of Credit Management (SLICM) Sri Lanka Institute of Credit Management (SLICM) was established in 1988 under the Companies Act No.17 of 1982.This was encouraged by the leading finance companies namely: The Finance Co PLC, Lanka Orix Leasing Co Ltd, Alliance Finance Co PLC, Central Finance Co PLC, Mercantile Credit Ltd and LB Finance Ltd. It was started as a pioneering education project intended to fill a vacuum in the leasing and finance related companies in Sri Lanka. In the year 2000, Sri Lanka Institute of Credit Management was incorporated under a Parliamentary Act No. 07 of 2000. Over the years SLICM has trained over 1,500 students from over 100 financial institutions in the country. SLICM has provided well qualified graduates to banks, finance companies, leasing companies and a variety of trading companies. All Advanced Professional Diploma Holders who completes the research methodology and the research report with two years of relevant practical experience in the field of credit management and can apply for Associate Membership of Sri Lanka Institute of Credit Management. These Associate Members can use the affix AICM-SL. In recognition of the SLICM‟s standard of education the Chartered Institute of Credit Management UK (CICM, UK) has granted Associate Membership to Diploma holders with experience in credit management, who have applied for membership in the CICM, UK.

SLICM Contact Details:

Administrative Secretary

Sri Lanka Institute of Credit Management No: 150/3, Ward Place, Colombo 07. Tel: 0112684409 / 0772 800 100 email: [email protected]

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20th Convocation of Sri Lanka Institute of Credit Management 21st July 2017

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Diploma in Credit Management

Business Communication and Management

Credit Operations and Marketing

1 Business communication - Listening and understanding - Written and oral communication - Presentation Skills - Telephone etiquette - Business ICT Skills

1 Role of credit in the economy - Capital and credit - Development of credit industry - Secured and unsecured credit - The credit management profession

2 Economics and the business environment - Economic and business concepts - Internal and external environment of business - Business ethics and CSR - Money and banking

2 Business credit principles - Credit lending policies, processes and controls, types of credit - Attributes of good lending - Regulation of Lending - Cultural approaches - Types of Borrowers & Lenders

3 Business operations and management - Management theories - Operations management - Human resource management - Supply chain and quality management - Information management

3 Products offered in the industry - Deposits, savings and investments - Hire purchase, leasing and asset finance - Loans, mortgage and overdrafts - Micro finance - Investment advisory - Factoring, invoice discounting - Islamic finance - Money exchange and transfer - Margin trading, credit cards and instalment credit

4 Business Accounting - Scope and purpose of accounting - Accounting principles and double entries - Processing credit transactions - Accounts receivables - Bad and doubtful debt - Working capital management and cash cycle - Cash flows

4 Marketing credit products - Introduction to marketing - Evolution of marketing philosophy - Segmentation, Targeting and Positioning (STP) - Marketing mix decisions - Concepts in branding - Service marketing - Product life cycle - Customer value creation - Marketing communications Strategy - Product Development Strategy

Credit Evaluation and Recoveries 1 Credit evaluation and application processing - Underpinning principles (Including: profitability, risk appetite, pricing, credit-scoring) - Lending assessment tools - Documentation, facility letters and covenants - The credit evaluation process and analysis (Including: tools and methods) - Evaluating customer repaying capacity - Use of crib reports in credit evaluation 2 Valuation for collateral appraisals - Valuation of Assets (Including: Motor vehicles, houses etc…) - Using comparables for valuation - Free cash flow methods - Option-based valuation - Customer life time value - Increasing customer value - Valuing internet based companies - Common errors in valuation 3 Debt recovery and remedial management - Guidelines and criteria for recovery - Ethics for recovery officers - Creating a repayment model - Segmentation of clients based on repayment behaviors - Sensitivity analysis - Options for lender and borrower - Cost benefit analysis and risk reward considerations - Strategic, national , political or reputational issues - Early signs of default - Legal action for recovery - Alternative debt recovery options 4 Collection skills - Avoiding arguments and threats. - Reading emotions - Making notes while talking - Handling notorious customers

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Enrollment Details SLICM Membership Fee: LKR 5,000 SLICM Assessment fee: LKR 5,000 Tuition Fee: One-time payment - LKR 30,000 (Discount - LKR3000) Three installments – LKR 33,000 (LKR 11,000*3)

Course Commencement Date: 18 February 2018 Deadline for registration: 15 February 2018 Examinations: August 2018 Class Schedule: Sundays from 9.00 am to 3.00pm Lecture Duration: 20 weeks Entry Requirement for Diploma in Credit Management(A) (B) (C) (D) (E)

Preliminary Certificate in Credit Management of SLICM Or 3 Passes in GCE A/L or O/L with industry experience Or CBF of IBSL* Or DBF of IBSL* Or Completion of Certificate in Marketing Credit Instruments of SLICM*/ Diploma in Micro Credit Management of SLICM*

Note: “*” denote the qualifications those eligible for exemptions

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Payment of Registration and Examination Fees 

SLICM Registration and Examination payments have to be paid to the SLICM.

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Students may call over at the SLICM Office at 150/3, Ward Place, Colombo 7. and fill the requisite forms and make Payments.

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Alternatively students may also make payments directly to the SLICM bank account at Sampath Bank as detailed below and submit the requisite forms and copy of the deposit slip to the SLICM Office, in person or by post/e mail etc.

Sri Lanka Institute of Credit Management, A/c. no.003460000741 , Sampath Bank, Thibirigasyaya. Colombo 5

Payment of Course Fees Course Fees as stated in the brochure of the study course has to be paid to Asia International Academy [ AIA ] Office at No. 3, Collingwood Place, Colombo 6. Students may call over at the Aia Office and fill the application forms and make payments or alternatively may deposit fees and forward the bank slip to [email protected] along with the duly completed application form. Bank details of the Aia is as follows. Asia International Academy Holdings (Pvt) Ltd Account No. 1000 5000 2639 Nations Trust Bank Wellawatte. or deposit could also made to Asia International Academy Holdings (Pvt) Ltd Account No. 1101010355 Commercial Bank Wellawatte.

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Exemptions The candidates who have completed the following qualifications can claim for Subject (Module) exemptions from Diploma in Credit Management as stated below. 1. Executive Certificate in Marketing Credit Instruments of SLICM (a) (b)

Business Communication and Management Credit Operations and Marketing

2. Certificate in Micro Credit Management of SLICM (a) (b)

Business Communication and Management Credit Evaluation and Recoveries

3. Certificate in Banking and Finance of IBSL (a)


4. Diploma in Banking and Finance of IBSL (a)


5. Diploma in Banking and Finance of IBSL with Business Lending (a)

All three modules are exempted

6. Diploma in Credit Management of IBSL (a)

All three modules are exempted

7. BSc. Degree or MBA (a)


8. LLB Degree (a)


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The Qualifications Progression Pathway

FICM

AICM

Research Methodology

+

Research Report

Advanced Professional Diploma

Final Year UWS BA Hons International Business & Finance Degree

Advanced Diploma

Diploma

Entry

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UWS Accreditation

8 Exemptions & 7 Exams to Qualify

Direct Entry in to Associate Membership

11 Exemptions & 5 Exams to Qualify 9 Exemptions & 5 Exams to Qualify

BA Hons International Business & Finance

Direct Entry in to Affilliate Membership; Automatic Progression to Fellow Membership based on the Work Experience

Direct Entry in to Associate Membership

Direct Entry in to Associate Membership; Automatic Progression to Fellow Membership based on the Work Experience

Direct Entry in to Affilliate Membership; Automatic Progression to Fellow Membership based on the Work Experience



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Your Questions Answered 1. What is SLICM? SLICM is a non- profit organization established in 1988 by the leading finance companies of Sri Lanka. It offers the advanced professional diploma in credit management for a career in both Banking and Non-Banking Finance sectors of Sri Lanka. If you are considering a career in the Banking and Non-Banking Finance sectors of Sri Lanka, the advanced professional diploma qualification offered by SLICM will open doors with top employers all over the country.

2. Why Study SLICM Qualifications? Adding SLICM student to your CV gives you a huge advantage in the job market as it shows employers that you’re dedicated, hardworking, commercially aware and serious about your future. And if you’re already working, the SLICM qualification can increase your chances of progressing to a more senior position and earning more.

3. Is this qualification recognized? Yes, SLICM is the only authenticated professional body enacted by an Act of Parliament to offer education in Credit Management. In addition, a student who completes all four levels the SLICM qualification can enter the final year of the degree programme offered by the Nothumbria University by completing a bridging programme.

4. What is AICM-SL? AICM-SL stands for Associate member of the Sri Lanka Institute of Credit Management.

5. Can I pay in Installments? Yes, installment schemes are available, or we will help you to organize a student loan on a concessionary rate from our banking partners.

6. Can I get exemptions? Yes, if you already have any finance or credit management related qualifications at an equivalent or higher level, you can apply for an exemption. Exemptions are granted on a subject-for-subject basis.

7. When will I receive my results? It can take up to five weeks to mark, your answer scripts from the date they are received by SLICM.

For more information please Contact: Asian International Academy 3 Collingwood Place, Colombo 6. Call: 0117-555255 [email protected]

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