EFFAS Certified Financial Manager (ECFM)

Apply now

EFFAS Certified Financial Manager provides you with an in-depth understanding of financial management, including fundamental financial concepts and mathematical principles. You will explore the complexities of financial accounting, examine the impact of macroeconomics on financial decision making and develop a deep understanding of corporate finance and equity valuation models.

ECFM – Programme Overview

Why should you follow the ECFM® programme?

The EFFAS Certified Financial Manager (ECFM)® programme is a comprehensive certification that offers candidates a deep dive into the fundamental and advanced principles of financial management, including:

Financial Statement Analysis: A thorough understanding of financial statements, including cash flow statements, with the ability to analyse a company’s assets, liabilities, profits, losses, and overall profitability.
IFRS Mastery: Detailed knowledge of classification, measurement, and disclosure requirements under International Financial Reporting Standards (IFRS), ensuring compliance with global accounting standards.
Macroeconomic Insights: An in-depth exploration of macroeconomics, macro dynamics, international economics, and the functioning of global financial markets, equipping participants with the knowledge to navigate complex economic environments.
Finance Decision Making: A strong foundation in making informed financial decisions, with emphasis on capital structure, dividend policy, mergers and acquisitions (M&A), and international capital budgeting.
Stock Valuation Models: Key principles and methods for valuing stocks, including discounted cash flow models, dividend discount models, and relative valuation approaches such as Price-to-Earnings (P/E) and Price-to-Book (P/B) ratios.

This programme provides candidates with knowledge that goes beyond typical financial qualifications by focusing on areas of financial analysis and strategic decision-making that are essential for success in today’s global financial markets.

The ECFM® programme is an online training, covering the complete examination syllabus. Training includes access to pre-recorded video lectures, lecture notes, practice exercises and multiple-choice questions. The training programme’s estimated learning time is 120 hours of self-study.

Who should attend?

The ECFM® programme is designed for professionals who wish to enhance their expertise in asset management, corporate finance, pension fund management, wealth management, treasury management and financial journalism. It is ideal for professionals already working in the investment or finance sector who are seeking an advanced qualification to enhance their skills in financial analysis and corporate finance.

Practical information

Registration
Once you have completed the registration form (or via the 'Apply now' button at the top of this page) you will receive an invoice. Once we have received your payment we will complete your registration and give you access the learning platform for 9 months.

Exams
ECFM Common Exam sessions are organized by EFFAS two times a year. The exam has a duration of 240 minutes. The exams are online only.

Upcoming exams will be organized on:

27 November 2025 (registration from 21/10/2025 until 21/11/2025)

Price & Certification
The price for the ECFM® programme is 1 800 EUR (VAT incl.), which includes 9 months access to the EFFAS learning management system and the online exam.

Candidates who pass the EFFAS common exam receive the ECFM® Diploma issued by EFFAS, an international certification highly valued by employers.

Companies
Companies can purchase a license for the scorm files to implement in their own learning management system. Please contact us if you would like to receive more information or if you would like to register multiple employees at the same time.

Questions?

If you have any questions related to the program or registration procedure, we can help you.