...become a factoring professional! 

IFG is delighted to announce the launch of third year of its highly acclaimed and successful Academy programme, the only truly international comprehensive and integrated course on the theory and practice of factoring and commercial finance.

Whom is it designed for?

All new staff in a factoring bank division or factoring company working at middle to senior level that need to have a more complete view of the industry.

Managers or International Managers about to move to positions that are more senior.

All staff at middle management level with some experience and growth potential who need to be able to see a bigger picture of the industry.

 Attendance of all modules, success in continuous assessment and a final knowledge application module will lead to the achievement of the IFG Academy Diploma.  Modules can however be attended on an individual basis to meet specific candidates' needs

Educational Format

Modules 1-3 offer participants a specific focus on a set of key elements in the world of factoring.

For Modules 1 to 3, there will be a multiple-choice exam, the score from which will count towards the participant's overall score.

Module 4 follows a different format, taking the shape of  a team based exercise which will allow the participants to demonstrate the knowledge they have acquired during Modules 1 to 3, and their ability to work in a group of like minded professionals

The scores achieved in the exams from Modules 1 to 3, the Homework related and the Team Based Exercise will be collated; subject to passing the requirements of the examiners, the participants will achieve the IFG Academy Diploma

A special recognition award for the best "Student of the Year" will be given at the IFG Annual Meeting of the following year.

Module 1 - The World of Factoring & International Business

Module 2 - Marketing, Sales & Account Management

Module 3 - Fraud, Loss Prevention & Exit Strategies

Module 4 - Business Simulation: Practical Application of Knowledge

Location

In response to positive feedback, the programme for 2012 will be held in three locations both to enhance the international experience and to improve logistics for attendees:

Module 1: hosted by Erste Faktor in Budapest, Hungary.

Module 2: hosted by Eurofactor, in Munich, Germany.

Module 3 & 4: residential courses: Wroxton House Hotel, Banbury, UK.