Introduction

The ICM Corporate Finance and Capital Budgeting Certification cover the concepts of planning, budgeting, evaluation, analysis and calculations for products related to Corporate Finance and Capital Budgeting.

Objective of the Examination

This Certification Exam specifically designed to meet the minimum qualifications needs of all the Professionals related to Corporate Finance and Capital Budgeting. It intends to ensure that the professionals dealing with its techniques are competent enough in their work.

Target Audience

This exam has been designed for all the Professionals working in capital markets or is connected to it.

Syllabus Structure

The curriculum is divided into elements which are further broken down into learning outcomes. Each learning objective starts with a specific prefix which indicates the level of skills to be tested. The following prefixes are used in this curriculum:

  • know require the candidate to recall information such as facts, rules and principles
  • Understand require the candidate to demonstrate comprehension of an issue, fact, rule or principle.
  • Be able to calculate require the candidate to be able to use formulae to perform calculations.
  • Be able to apply require the candidate to be able to apply their knowledge to a given set of circumstances in order to present a clear and detailed explanation of a situation, rule or principle.

Examination Specification

Each examination paper is constructed from a specification that determines the weightings that will be given to each element. The specification is given below.

It is important to note that the numbers quoted may vary slightly from examination to examination as there is some flexibility to ensure that each examination has a consistent level of difficulty. However, the number of questions tested in each element will not change by more than plus or minus 2. This comprises of 100 multiple choice questions.

Element No.ElementsQuestions
1Introduction to Corporate Finance10
2Investment Appraisal10
3Financial Planning and Budgeting10
4Introduction to Accounting Statements10
5Financial Ratios Analysis10
6Capital Management and Planning10
7Capital Structure Theories and Practical Consideration10
8Capital Structure Theories and Practical Consideration10
9Valuation of Business10
10Mergers and Acquisitions10
Total100

Assessment Structure

  • This will be a two-hour examination of 100 Multiple Choice Questions (MCQs).
  • All questions will carry equal marks.
  • There will be no negative marking.

Summary Syllabus

To download the summary syllabus of Corporate Finance and Capital Budgeting Certification, please click here.