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. Lilly Ledbetter Fair Pay Act

    A federal law designed to ensure equal pay for all workers, regardless ...
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

    How Long Should My Resume Be?

    This question troubles many people from beginners to senior executives. Here's a roundup of expert answers.
  9. Personal Finance

    Make The Most Of LinkedIn For Your Job Search

    Why LinkedIn is such a great job-hunting tool – if you tailor your profile for the biggest impact and stay visible in the right way.
  10. Personal Finance

    What Exactly Does A Portfolio Analyst Do?

    Portfolio analysts have the exciting role of working between the investment team layers and they touch various aspects of an investment organization.

You May Also Like

Hot Definitions
  1. Command Economy

    A system where the government, rather than the free market, determines what goods should be produced, how much should be ...
  2. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  3. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  4. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  5. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  6. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
Trading Center