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Professional Designations for Credit Professionals
The three most widely recognized designations for credit professionals are the Credit Business Associate Designation, the Credit Business Fellow Designation, and the Certified Credit Executive Designation
NACM's Program creates a growth path for credit professionals who want to reap the rewards from their efforts, their expertise, and their accomplishments. Earning one of these designations indicates that someone has completed certain required steps, and has the practical experience and technical knowledge necessary to perform credit related tasks with a certain level of proficiency. Professional designations offer the following benefits:
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Professional designations offer a competitive advantage when applying for employment and can be the differentiating factor in a hiring decision.
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Professional designations are evidence of professional skills, achievement and effectiveness.
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Earning one [or more] of these designations increases the likelihood that a member of the credit department will perform their work more effectively and efficiently and therefore every employee of the credit department can benefit from the process of earning one of these professional designations.
Source: Michael C. Dennis