The FNS40120 Certificate IV in Credit Management is specifically designed to address the skill and knowledge development needs of credit professionals who hold or are intending to seek a middle level position within the broad role of credit management. 

This qualification is suitable for those people who are or intend to seek a position of team leader or divisional or regional credit manager. The qualification is designed to equip the learner with key core competencies together with the ability to choose elective units of competence that are relevant to their career.

This qualification has been designed to meet the needs of those people who need to comply with ASIC Regulatory Guide 206 Credit Licensing: Competence and training.

This qualification is relevant to credit professionals who work in either consumer or commercial credit in a variety of workplaces such as:

  • Financial institutions such as a bank or credit union
  • Within a business which offers commercial credit to customers
  • Organisations offering a factoring and/or invoice discounting facility

The focus of the qualification is on effective performance within the accounts receivable function, contributing to the management of cashflow, contributing to the credit risk management function and managing their individual responsibilities in relation to compliance. Learners are then able to select elective units which will enable them to enhance their skills and knowledge in a manner appropriate to their career aspirations and their workplace requirements.

In order for AICM to arrange your enrolment for this course, please fill out the form below:

  • Credit Officer
  • Credit Controller
  • Credit Analyst
  • Recoveries Officer
  • Reconciliations Officer
  • Credit Services Officer
  • Credit/Lending Officer
  • Credit Team Leader

Maximum duration 36 months

When you study with AICM, you're online but never alone. Our online system has been developed, with consultation of the Credit Industry. AICM online is available 24 hours a day, 7 days a week, and any questions you may have in relation to your studies is just an email away. AICM online offers students a holistic learning approach, with forums, trainer marked activities, assessments and resources all online.

AICM qualifications have flexible start dates, unlike traditional institutions and universities that restrict you to specific semesters in the academic calendar. This means you can start learning whenever it suits you.

There are no entry or prerequisite units of competence requirements to commence this qualification.  However, prospective learners are advised that they should have at least 1 years’ experience in a credit role prior to commencing their study. Whilst not mandatory, AICM strongly advise prospective students have access to a workplace where credit functions are performed.

Alternatively if you are seeking to develop senior credit management skills it is recommended that you consider undertaking the: 

FNS51520 Diploma of Credit Management

Students may choose to enrol in individual units of competency that will lead to nationally recognised Statements of Attainment which will, lead to the completion of a complete qualification.

Online per unit

AICM member $320.00
Non-member $350.00

Face to Face 1 day (Public Training)

AICM member $750.00
Non-member $950.00

Face to Face 2 day (Public Training)

AICM member $1,100.00
Non-member $1,460.00

Online Full Qualification

AICM member $3,840.00
Non-member $4,200.00

RPL Assessment/Portfolio

AICM member $280.00
Non-member $370.00 

For comprehensive information about all fees and charges and AICM Learning Services Refund Policy please refer to The Comprehensive Guide to AICM Learning.

Learners may apply for Recognition of Prior Learning (RPL) at any time. Up to 100% of this qualification may be completed by RPL provided the learner is able to demonstrate competence against the units for which RPL is sought.

Assessment evidence will be gathered using a variety of sources which vary depending upon the delivery mode.

Face-to-face – classroom based

The candidate must:

  • Participate and contribute to group discussions and/or exercises – confirmed by the trainer
  • Complete any final assessment tasks provided such as short answer questions, essays, projects and responding to case study based problems.
  • Undertake web based research
  • Demonstrate effective oral and written communication relevant to the unit of competence


Electronic based – online learning

The candidate must:

  • Participate in online forums/discussions to be confirmed by the trainer
  • Complete online trainer marked assessment activities
  • Complete any final assessment tasks provided such as short answer questions, essays, projects and responding to case study based problems.
  • Undertake web based research
  • Demonstrate effective written communication skills
  • A Third Party Report will be completed by the learner’s supervisor/manager confirming workplace demonstration for each unit of competency. If the learner does not have access to a workplace our facilitator will conduct a telephone interview.


The candidate’s assessment will be considered on the quality of their work. 

AICM Learning Services offers assistance and support to Learners. Learners who need assistance with completing assessments, completing their selected unit(s) of competence or other forms of learner support should advise AICM Learning Services immediately the assistance is required.

All requests for learner support are treated confidentially.

A learner may submit one draft of each assessment item for comment and feedback from their assessor prior to submitting the final version.

Learners may request advice and additional information from either their trainer and/or assessor during the assessment process.

Learners who experience difficulty preparing written assessments are able to request an assessment interview to supplement their written work.

To enrol for this qualification download and complete this form or contact the AICM 1300 560 996 or

For more information about this qualification or any other course offered by AICM Learning Services please Phone 1300 560 996 or Email