The Credit Business AssociateSM (CBASM) is an academic-based designation which signals mastery of three business-credit related disciplines:
- Basic Financial Accounting
- Financial Statement Analysis I
- Business Credit Principles
There is no minimum work experience requirement for this designation level and the course work needed to qualify for this designation can be obtained through colleges, local NACM Affiliated Association programs, self-study or nationally sponsored programs.
How to Complete the Required Courses:
Basic Financial Accounting
The basic financial accounting course should be completed before the financial statement analysis course. The Basic Financial Accounting course requirement can be fulfilled by successfully completing either:
Financial Statement Analysis I
The Financial Statement Analysis I course requirement can be fulfilled by successfully completing either:
Business Credit Principles
The Business Credit Principles course requirement can be completed three different ways:
How to Apply for the CBA Designation
Submit the following to the NACM Education Department:
Once you've qualified, you may take the CBA Designation Exam. The three-hour exam is offered three times a year nationwide at local NACM Affiliated Association offices and once a year at NACM's Credit Congress. NACM provides a Study Guide/Outline of relevant texts and topics. NACM also offers CBA review sessions through the Credit Learning Center and a CBA Practice Exam.
The Credit Administration Program (CAP)
Many NACM Affiliated Associations sponsor the Credit Administration Program (CAP), which is a series of courses designed to prepare candidates for the CBA exam.
Each CAP course comprises of at least 30 hours of class time. Your local CAP sponsor will furnish you with end-of-course grades, grade transcripts or certificates of completion. Click here to learn more about the Credit Administration Program.