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. Clowngrade

    An upgrade or downgrade of a security for reasons considered ...
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. Professionals

    The Financial Advisory Business: More Women Wanted

    It's no secret that women are underrepresented in the financial advisory business. Here are some reasons why and what's being done about it.
  9. Professionals

    Why Women Choose Women for Financial Advice

    Women often prefer female financial advisors because client and advisor can relate to each other on a variety of levels.
  10. Professionals

    The Difference Between Good and Great Advisors

    If you want to be a top advisor, it takes more than just hanging out your shingle and picking investments. Top advisors work at perfecting their skills.
RELATED FAQS
  1. How can an investment banker switch to a career in corporate finance?

    It's pretty easy for an investment banker to switch to a career in corporate finance. The career skills are easily transferable, ... Read Full Answer >>
  2. How stressful is the typical corporate finance job?

    In the financial industry, corporate finance jobs are often contrasted with investment banking jobs. The traditional view ... Read Full Answer >>
  3. What are the benefits of hiring a Chartered Financial Analyst (CFA) to be my financial ...

    A Chartered Financial Analyst (CFA) has successfully passed rigorous coursework in the fields of economics, financial analysis, ... Read Full Answer >>
  4. How do I become a Chartered Financial Analyst (CFA)?

    According to the CFA Institute, a person who holds a CFA charter is not a chartered financial analyst. The CFA Institute ... Read Full Answer >>
  5. How do I get started with a career in asset management?

    The asset management industry has a variety of different career paths. Depending on what asset management area you would ... Read Full Answer >>
  6. For which kind of jobs is having Magnum Cum Laude most important?

    Having a magna cum laude degree is most important for jobs in the fields of finance, management consulting and engineering. ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Dog And Pony Show

    A colloquial term that generally refers to a presentation or seminar to market new products or services to potential buyers.
  2. Topless Meeting

    A meeting in which participants are not allowed to use laptops. A topless meeting organizer can also ban the use of smartphones, ...
  3. Hedging Transaction

    A type of transaction that limits investment risk with the use of derivatives, such as options and futures contracts. Hedging ...
  4. Bogey

    A buzzword that refers to a benchmark used to evaluate a fund's performance. The benchmark is an index that reflects the ...
  5. Xetra

    An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra ...
  6. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!