Skip to Site Navigation Skip to Main Content Skip to Footer

CICM Diploma in Credit Management Level 5 - Diploma

Why study this course?

Study our Chartered Institute of Credit Management (CICM) Diploma in Credit Management Level 5 to build upon your knowledge from the CICM Level 3 course, and advance your career in credit management. The CICM qualification is accredited by the UK Qualification and Credit Framework (QCF), guaranteeing your level of expertise in the eyes of employers.

Open all

This Level 5 Diploma is the CICM’s graduate programme that covers the essential knowledge and skills for more advanced level understanding of the credit manager role. It builds upon your knowledge in areas including business strategy, credit risk management, process improvement, leadership, legal proceedings and insolvency.

Successful completion of the diploma will grant you a qualification that demonstrates a high level of knowledge and expertise in credit management, as well as your ability to maximise credit function. The qualification will also demonstrate your level of competency required for roles such as risk control and compliance manager, credit manager, credit risk manager and credit and legal services manager.

In order to obtain the CICM Level 5 qualification, you will have to successfully complete all six compulsory modules. We deliver all six modules via blended learning - a combination of evening classes, Saturday classes and assisted home study with dedicated one-to-one feedback and email support.

Classroom teaching takes place at the London Metropolitan University's Moorgate campus in the City of London. We currently offer entry onto the course three times a year, in spring (February), summer (June) and in autumn (October).

To find out more about this course including how to apply, please contact the Professional Courses team at or call +44 (0)20 7320 1466 / 1550.


Assessments for this course are carried out by the CICM via examinations held in January, June and October.

Professional accreditation

Successful completion of this course leads to a CICM Level 5 Diploma in Credit Management qualification that is accredited by the UK Qualification and Credit Framework (QCF).

Level 5 entry requires the successful completion of Level 3 Diploma. You should contact the CICM directly to discuss any possible exemptions from this requirement.

Level 5 Diploma modules:

  • Legal Proceedings and Insolvency
  • Monitor and Review Business Processes
  • Evaluating Compliance
  • Mapping the Organisational Environment
  • Developing a Customer Focused Organisation
  • Leadership and Management
  • Credit Risk Management

These valuable professional qualifications will enhance the career prospects of anyone wishing to move into or forward in a credit role.

Some of our students also go onto further study, including our Business Management BA or Masters in Business Administration (MBA).

Between 2016 and 2020 we're investing £125 million in the London Metropolitan University campus, moving all of our activity to our current Holloway campus in Islington, north London. This will mean the teaching location of some courses will change over time.

Whether you will be affected will depend on the duration of your course, when you start and your mode of study. The earliest moves affecting new students will be in September 2017. This may mean you begin your course at one location, but over the duration of the course you are relocated to one of our other campuses. Our intention is that no full-time student will change campus more than once during a course of typical duration.

All students will benefit from our move to one campus, which will allow us to develop state-of-the-art facilities, flexible teaching areas and stunning social spaces.

Please note, in addition to the tuition fee there may be additional costs for things like equipment, materials, printing, textbooks, trips or professional body fees.

Additionally, there may be other activities that are not formally part of your course and not required to complete your course, but which you may find helpful (for example, optional field trips). The costs of these are additional to your tuition fee and the fees set out above and will be notified when the activity is being arranged.

How to apply

This course costs £625 per module.

To find out more about the CICM Diploma in Credit Management course including how to apply, please contact the Professional Courses Team at or call 020 7320 1466 / 1550.

When to apply

You are advised to apply as early as possible as we will only consider your application if there are places available on the course.

Fees and key information

Please select your entry point to display the fee

News and success stories

Meet the team

Visit us