Credit Business Associate - CBA

AAA

DEFINITION of 'Credit Business Associate - CBA'

A designation awarded to those who show mastery in financial statement analysis, basic financial accounting and business credit principles. The Credit Business Associate (CBA) designation is sponsored by the National Association of Credit Management (NACM) and is aimed towards careers in credit management. To obtain this designation candidates are required to write an exam. There is no minimum work experience required and most of the course work needed to obtain this designation can be achieved through self-study, nationally sponsored programs, local NACM affiliated programs and colleges.

INVESTOPEDIA EXPLAINS 'Credit Business Associate - CBA'

The CBA designation requirements can be obtained one of three ways:


• Candidates that successfully complete a NACM sponsored certificate program.


• Successfully completing the Principles of Business Credit Principles independent study course.


• The last option is to attend a Credit Administration Program (CAP) which prepares applicants by going through the three business principles of financial statement analysis, basic financial accounting and business credit principles.

RELATED TERMS
  1. Credit Business Fellow - CBF

    A designation for achievers who have proven knowledge in intermediate ...
  2. Certified Credit Executive - CCE

    A designation created by the National Association of Credit Management ...
  3. Credit Risk Certification

    A professional designation awarded by the Risk Management Association ...
  4. Financial Risk Manager - FRM

    A financial designation, obtained through the Global Association ...
  5. Financial Accounting

    The process of recording, summarizing and reporting the myriad ...
  6. Associate In Reinsurance (ARe)

    A designation earned by insurance professionals looking for reinsurance ...
Related Articles
  1. Insurance

    How To Find A Credit Counselor

    Paycheck to paycheck is no way to live. Learn how to find the help you need.
  2. Entrepreneurship

    Identifying And Managing Business Risks

    There are a lot of risks associated with running a business, but there are an equal number of ways to prepare for and manage them.
  3. Personal Finance

    A Guide To Financial Designations

    Find out which certifications can bring you the greatest career returns.
  4. Professionals

    Fiduciary Designations For Financial Advisors

    Attaining the AIF or AIFA could help both you and your clients enjoy a comfortable retirement.
  5. Professionals

    Getting Accredited For A Career In Credit Analysis

    We go through the education and certifications you need to join this growing field.
  6. Professionals

    Financial Analyst Training & Designation Programs

    Time to upgrade your financial skills? These designations are flexible and adaptable to the changing marketplace.
  7. Credit & Loans

    Analyzing A Career In Credit Analysis

    If you're a number-cruncher and responsibility doesn't scare you, this could be the job for you.
  8. Personal Finance

    Which Degree Is Better For A Business Career?

    Business administration and finance degrees can both lead to good jobs. Finance builds more quantitative skills, administration gives broader training.
  9. Personal Finance

    World's Top 10 Internet Companies

    Investopedia has compiled a list of the top 10 Internet companies in the world based on revenue and market cap.
  10. Personal Finance

    Is An MBA The Best Bet For Finance, Econ Students?

    An MBA offers a fairly comprehensive business education, while a master's program in finance or economics focuses on a more narrow set of skills.

You May Also Like

Hot Definitions
  1. Risk Averse

    A description of an investor who, when faced with two investments with a similar expected return (but different risks), will ...
  2. Fixed-Charge Coverage Ratio

    A ratio that indicates a firm's ability to satisfy fixed financing expenses, such as interest and leases. It is calculated ...
  3. Efficiency Ratio

    Ratios that are typically used to analyze how well a company uses its assets and liabilities internally. Efficiency Ratios ...
  4. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  5. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  6. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
Trading Center