Throughout the EFFAS Certified Financial Manager®️ programme, you will delve into the principles of financial management, gaining a solid foundation in fundamental financial concepts and mathematical principles. You will explore the intricacies of financial accounting, examine the impact of macroeconomics on financial decision-making, and develop a deep understanding of corporate finance and its implications.
After studying this programme, you will, among others, be able to analyse financial and cash flow statements, determine assets, liabilities, profits, losses and a company’s profitability. Also, you will understand equilibriums on money and goods markets and be able to determine aggregate demand (AD) and aggregate supply (AS). The chapter on Corporate Finance will allow you to make short and long-term finance decisions, including potential implications these might have on a company’s capital structure and its dividend policy.
This programme stands out among the new EFFAS programmes by providing the guidelines and principles for investment management. Founded in 1962, EFFAS has been setting standards in the financial industry for over six decades. As a cornerstone of the investment professional community, EFFAS has certified over 25,000 experts worldwide, underscoring our role as a trusted certification body in financial education.
As the leading hub for investment professionals, EFFAS collaborates with international regulatory bodies and organizations to incorporate practical professional knowledge into decision-making processes. EFFAS conducts debates through its standing commissions and delegates across Europe with international reach.
Programme overview & Syllabus
To provide a uniform high-level standard of training for investment professionals within Europe with a strong focus on advanced financial analysis skills, the EFFAS Certified Financial Manager®️ enables the holders to face the emerging challenges of our profession by covering:
Module 1. Financial Accounting
Module 2. Economics
Module 3. Corporate Finance
Download the complete EFFAS Certified Financial Manager® (ECFM) Syllabus HERE (PDF)
Programme objective
This certification aims to achieve the following objectives:
- To analyze financial statements, including cash flow statements, and determine a company’s assets, liabilities, profits, losses, and profitability.
- To understand the classification, measurement, and disclosure requirements under International Financial Reporting Standards (IFRS).
- To gain insights into macroeconomics, macro dynamics, international economics, and the functioning of global financial markets.
- To make informed finance decisions, including capital structure, dividend policy, mergers and acquisitions (M&A), and international capital budgeting.
- To apply stock valuation models, including discounted cash flow models, dividend discount models, and relative valuation methods such as Price-to-Earnings (P/E) and Price-to-Book (P/B) ratios.
To whom is it intended
Placing an emphasis on financial accounting and corporate finance, EFFAS Certified Financial Manager®️ is, aimed at professionals in the following areas: asset managers with asset management companies, pensions funds, life insurance companies, wealth management companies; financial researchers; corporate finance specialists and treasurers; financial journalists; professionals involved in legislation / regulation of the above-mentioned fields as well as professionals already working in the investment sector – but looking for an advanced qualification.
How to become an EFFAS Certified ESG Analyst® Holder
Step 1:
Enrol on the EFFAS Certified Financial Manager® (ECFM) Programme offered by an accredited EFFAS National Member Society (NMS). If you are located in a country without a NMS please visit EFFAS Academy website for registration.
Prerequisites: None, although some knowledge or experience in finance is helpful.
Step 2:
EFFAS estimates this programme to comprise approximately 120 hours of self-study. Students benefitting from sound mathematical and statistical knowledge might proceed faster; others will benefit from a refresher. What is more, fundamentals of economics as well as derivatives, among others, will be studies. Also, EFFAS provides the students pre-recorded video lectures of c. 45 minutes each plus tailor-made lecture notes emphasize elementary features of this block.
The exam will have a duration of 150 minutes.
In all of the above, EFFAS encourages you to continuously track your progress by addressing the respective multiple-choice and open problems provided in the database.
Coming Soon
Contact the accredited National Member Society in your country or visit the EFFAS Academy website.