Credit Business Fellow - CBF

AAA

DEFINITION of 'Credit Business Fellow - CBF'

A designation for achievers who have proven knowledge in intermediate financial analysis, and business and credit law. Credit Business Fellow (CBF) is a designation which is both a participation and academically based. This designation is sponsored by the National Association of Credit Management (NACM) and individuals with a CBF designation, possess an intermediate knowledge and ability to become credit managers.

INVESTOPEDIA EXPLAINS 'Credit Business Fellow - CBF'

In order to be a successful candidate for the CBF exam, three courses must be completed: Business Law, Credit Law and Financial Statements. In addition to finishing the course work, applicants are required to have completed the credit business associate (CBA) designation, before applying for the CBF exam. Finally, applicants must have 75 career roadmap points, which are award based on current level of education, past and present work experience, and other work related activities.


Once the applicant has their courses completed, a CBA designation and 75 career roadmap points, they can apply to take the CBF exam. If the applicant is approved they will receive a written letter with approval to write the exam. The CBF exam is three hours long and is written three times a year.

RELATED TERMS
  1. Certified Credit Executive - CCE

    A designation created by the National Association of Credit Management ...
  2. Credit Business Associate - CBA

    A designation awarded to those who show mastery in financial ...
  3. Credit Risk Certification

    A professional designation awarded by the Risk Management Association ...
  4. Professional Risk Manager - PRM

    A professional designation awarded by the Professional Risk Managers' ...
  5. Credit Analysis

    A type of analysis an investor or bond portfolio manager performs ...
  6. Advanced Diploma In Insurance

    A qualification earned by insurance professionals and conferred ...
RELATED FAQS
  1. What are the differences between a Chartered Financial Analyst (CFA) and a Certified ...

    The differences between a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP) are many, but comes down ... Read Full Answer >>
  2. What types of positions might a Chartered Financial Analyst (CFA) hold?

    The types of positions that a Chartered Financial Analyst (CFA) is likely to hold include any position that deals with large ... Read Full Answer >>
  3. 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 >>
  4. 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 >>
  5. Other than accounting, what does a corporate finance job involve?

    While a corporate finance job almost always involves accounting in some capacity, there are many additional job duties and ... Read Full Answer >>
  6. If I have only a limited amount of time to study for the Series 6, what should I ...

    The Series 6 Investment Company and Variable Contracts Products Representative Qualification Examination is administered ... Read Full Answer >>
Related Articles
  1. Professionals

    What Does an Investment Banker Do?

    An investment banker works for a financial institution that helps companies, governments and agencies raise money by issuing securities.
  2. Economics

    Top European MBA Programs: The Short List

    The London Business School is currently ranked second best in the world right after Harvard Business School. These European business schools also offer outstanding MBA programs.
  3. Credit & Loans

    Study Abroad: Budget For Brazil

    Interested in study, food and adventure in one of the fastest growing economies in the world? Check out what Brazil costs.
  4. Personal Finance

    When Is College The Wrong Investment?

    Attending a very expensive college with the wrong degree could turn into a bad investment due to low salaries and high debt.
  5. Economics

    What Does Finance Cover?

    Finance is the study of banking, leverage, credit, capital markets, money and investments, along with how they are used by individuals and companies.
  6. Professionals

    The 15 Fastest-Growing RIAs

    Registered investment advisors are consolidating their business and assets. Here are 15 of the fastest-growing RIAs.
  7. Professionals

    Understanding Series 6

    Upon successful completion of the Series 6, an individual will have the qualifications needed to sell open end mutual funds and variable annuities
  8. Investing Basics

    The Top 5 Skills Every Actuary Needs

    The actuary profession is growing fast. Here's a look at the majors and top skills one needs to become a successful actuary.
  9. Personal Finance

    What Skills Do You Need For An Investment Banking Job?

    Aspiring for the best paid investment banking jobs? Here is the list of top skills that investment banks look for in job candidates.
  10. Mutual Funds & ETFs

    Top Skills Hedge Funds Look For In Job Candidates

    Lucrative salary, high perks, and best quantitative brains at work. What are the top skills a candidate needs to get a job at a hedge fund?

You May Also Like

Hot Definitions
  1. Multicurrency Note Facility

    A credit facility that finances short- to medium-term Euro notes. Multicurrency note facilities are denominated in many currencies. ...
  2. National Currency

    The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is ...
  3. Treasury Yield

    The return on investment, expressed as a percentage, on the debt obligations of the U.S. government. Treasuries are considered ...
  4. Bund

    A bond issued by Germany's federal government, or the German word for "bond." Bunds are the German equivalent of U.S. Treasury ...
  5. European Central Bank - ECB

    The central bank responsible for the monetary system of the European Union (EU) and the euro currency. The bank was formed ...
  6. Quantitative Easing

    An unconventional monetary policy in which a central bank purchases private sector financial assets in order to lower interest ...
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!