CBCA® Program Updates

Archive of Changes

- Update 1.2

Announcement Date Effective Date
June 1, 2022 July 1, 2022


Summary of Changes

  • The  Financial Analysis Fundamentals course was removed from the CBCA® program and replaced by an industry-specific course titled Financial Analysis for Credit.
  • The Loan Pricing course was  moved from an elective to a core requirement for program completion.

Clarifications:

  • The Financial Analysis for Credit course aims to give students a specific focus on the most important credit metrics that commercial bankers and credit analysts will use in their careers.
  • Changing Loan Pricing course to a core course aims for all program participants to understand how default risk and loan structure translate into credit spreads and overall profitability, by working with an example loan pricing model.


- Update 1.1

Announcement Date Effective Date
November 20, 2020 February 1, 2021
   

Summary of Changes

  • Introduced the CBCA® final exam as a program requirement to increase the value and credibility of the certification worldwide; protect the integrity of our program and those who work hard to complete it; help students assess their knowledge, and identify opportunities for improvement.  Visit our article  to learn more about the CBCA® final exam.
  • Added a minimum of 3 electives as a requirement to earn the CBCA® certification.

Clarifications:

The CBCA™ final exam and three elective courses will be mandatory requirements for new students to earn their CBCA™ certification. They will also be available and optional to all existing CBCA™ certification holders and students who have completed their studies by February 1, 2020.