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The Certificate in International Trade and Finance (CITF®) has been designed to enable trade, export and commodity executives to gain a thorough understanding of key procedures, practices and legislation in trade finance on an international level.
CITF® combines the acquisition of technical knowledge with the skills to apply that knowledge to real situations. It has been developed in consultation with trade finance experts from across the world.
Studying CITF® will enable you to understand:
Further information relating to the CITF® can be found in the Qualification Specification . An overview of the qualification of the Certificate in International Trade and Finance (CITF®) Qualification.
To find out more about Ofqual and the Qualifications and Credit Framework (QCF) .
Examination registration fee
International booking fee*
Examination resit fee
Resit international booking fee
*Candidates outside of the UK are required to pay the international booking fee.
The examination registration fee includes the following:
Please note: The examination resit fee only includes online access to the study text and registration for the exam. A copy of the printed study text is available separately but at an additional cost.
More information regarding the ifs University College payment and sending fees can be seen here
CITF® consists of one mandatory unit:
The unit examines the roles and responsibilities of banks, importers and exporters, and the products available to assist them to find satisfactory solutions for international trade finance. The unit explores the international trade environment at an introductory level, the commonly used documents and international trade terms, key methods of trading and exchange risk.
Whilst students working in the industry will recognise the processes described and be able to extend their knowledge, those students without industry experience will find the material provides an excellent introduction to international trade.
Assessment for CITF® consists of a 2 hour multiple-choice examination, designed to test knowledge and its application. The examination paper consists of 100 multiple-choice questions, split in to two sections:
CITF® is examined in over 30 countries each year. ifs University College organises venues subject to demand. Examinations are given in paper format at designated international centres.
View the examination venues The next examination will take place on 17 October 2014 (please note: students sitting examinations in China and Hong Kong will be examined on 18 October 2014).
Preparation for the examination usually takes six months with comprehensive learning materials provided. CITF® is studied through self-study. Upon registration students will be sent a detailed study text which they will study from independently. In addition to the study text, a specimen paper is also available to download. View the aims and learning outcomes of CITF®.
All students who register with us will receive printed study resources that cover the CITF® syllabus and contain review questions and activities. A student handbook is provided to support student's studies. In addition to printed materials, students will also receive online access to the study resources.
Please note: That in order to reflect any changes to the syllabus, the study materials are normally updated annually. It is a student's responsibility to make sure they are studying from the most up-to-date materials.
Registrations for the October 2014 examination will be accepted from 1 April 2014 and must be received on or before 4 August 2014.
A CITF® registration form can be downloaded here. To view this file you need to have Acrobat Reader installed on your computer. This is free and available from the Adobe website. Completed registration forms should be sent to Customer and Student Services, ifs University College University College , ifs House, 4-9 Burgate Lane, Canterbury, Kent, CT1 2XJ, United Kingdom.
For further details and any queries please contact Further Education Customer and Student Enquiries on +44 (0) 1227 818609 (option 1) or via email .
All candidates should register with the ifs University College unless they fall into the international candidate categories listed below.
Candidates from China should send their registration forms to Mr Li Tianya, China Chamber of International Commerce, No 2 Huapichang Hutong, Xicheng District, Bejing, 100035, China. If you have any queries, please email email@example.com or call (+8610) 8221 7267 or fax (+8610) 8221 7272.
Candidates from India should send their registration forms to ifs University College. If you have any queries, please email firstname.lastname@example.org or call (+91) 11 23322472-70 ext. 375 or (+91) 11 23322472 (Direct).
Candidates from Indonesia should send their registration forms to ICC Indonesia, Tempo Pavilion 1 building 8th Floor, Jl. HR. Rasuna Said Kav. 11, Jakarta 12950 Indonesia, please email email@example.com or call (+62) 21 29667914 or fax (+62) 21 29667915.
Candidates from Malaysia should send their registration forms to ICC Malaysia, Wisma FMM, No. 3 Persiaran Dagang PJU 9, Bandar Sri Damansara, 52200 Kuala Lumpur, Malaysia. For any queries, please email firstname.lastname@example.org or call +603 6286 7200 or fax +603 62741266 /7288.
Candidates from Korea should send their registration forms to Mr Jong Duck Hong, Korea International Finance Institute, KIFI Building,26-6 Namsan-dong 2-ga, Jung-gu, Seoul 100-042, South Korea. If you have any queries, please email or email@example.com call (+82) 2 778 0808.
When a student has successfully completed the CITF® qualification, they can proceed to study towards the following qualifications: Certificate for Documentary Credit Specialists (CDCS®)
CDCS® is the international standard qualification for documentary credit specialists. It is a professional certification that enables documentary credit practitioners to demonstrate specialist knowledge and application of the skills required for competent practice. Certificate for Specialists in Demand Guarantees (CSDG)
CSDG is the new specialist qualification for professionals that use demand guarantees in their everyday work. The certificate provides the key knowledge and skills needed to operate effectively in a highly technical area of international trade.
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ifs University College is not liable for any errors or omissions in these publications.
ifs University College reserves the right at any time and without notice to vary the content of its
courses and syllabuses previously announced and to modify as appropriate the facilities and arrangements for students.
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