Wednesday, 1 October 2014 02:52
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The Sri Lanka Institute of Credit Management (SLICM) the only institute which offers credit management education in Sri Lanka, opened its registrations for the October intake further inculcating the importance of credit management education in the current marketplace. SLICM was initiated as a pioneering education project which intended to fill a vacuum in the leasing and finance related companies in Sri Lanka.
According to SLICM, the institute has recently upgraded the Diploma in Credit Management program as Professional Diploma Level one, and Professional Diploma level two, and Advanced Professional Diploma in Credit Management. This move was made by the institute to further bridge and exercise the latest industry best practices in to the curricular creating a much more significant course.
Romani De Silva (Treasurer) – Deputy Chairman of Alliance Finance commenting about the new introduction to the curricular said, “SLICM has made distinct improvements to the course offerings in order to make the qualification to suit the dynamics of the growing Sri Lankan economy and the financial market.”
He further added, “Obtaining a SLICM qualification further increases a professional’s performance at work as one acquire scientific skills and the practical application required in credit management. This increases employment prospects within the company. Furthermore SLICM professional qualification is well respected within the industry and is advocated by the senior management of every financial institution in the country. This increases career prospects within the industry.”
SLICM offers industry professionals an opportunity to become an Associate Member of SLICM after completing the Advanced Professional Diploma in Credit Management. Associate Members of SLICM are entitled to use affix ‘AICM’ following their name. As a result of the high academic standards maintained by SLICM, Associate Members of SLICM are entitled to apply for the associate membership of Institute of Credit Management UK.
Professional Diploma course in credit management conducted by SLICM covers 10 key areas such as credit management principles, law relating to credit management, marketing credit, accounting principles, international finance, micro credit, pawning, recoveries, factoring and dynamics of deposit mobilising.
Nalin Wijekoon (Council Member) – Managing Director of Softlogic Finance and also the current President of the Finance Houses Association said, “Upon the successful completion of the nine non-research based assessments of the Professional Diploma in Credit Management levels one and two candidates are entitled to reads for the Advanced Professional Diploma in Credit Management.
“In the Advanced Diploma in Credit Management students are expected to complete a research report of 10,000 words on a topic approved by SLICM while adhering to international research standards. This research is assessed rigorously and the objective of this is to create solid student research base on the Sri Lankan financial industry which has been lacking in the past.”
Applications are open for the October 2014 intake and interested students can get in touch with Aspirations International Academy to obtain more information on Advanced Professional Diploma in Credit Management and Professional Diploma in Credit Management and the Certificate in Micro Credit Management which is currently offered to the students. You can call SLICM study centre on 0117555255 to obtain more information.
Sri Lanka Institute of Credit Management (SLICM) was started in 1988 as a pioneering education project by the leading finance companies intending to fill a vacuum in the leasing and finance related companies in Sri Lanka. In the year 2000, it was enacted by the Parliament of Sri Lanka and cited that the Sri Lanka Institute of Credit Management be incorporated under Act No. 07 of 2000. SLICM has over 25 years of experience in delivering educational programmes in credit management specifically designed to uplift the credit management skills of the Sri Lankan professionals.