Diploma in Credit Management (DCM) Program Offered at Kenstar College of Accountancy

Diploma 1 1/2 years Fee: on application Intake: Ongoing

Diploma (Accredited by: KASNEB)

About Diploma in Credit Management (DCM) Diploma program.

Credit Management has established itself worldwide as a vital management function with a major contribution to make the economic well being of organizations of all kinds. Efficient credit management with its critical impact on cash flow can make all the differences between survival and insolvency in the public/private sectors. Therefore, ... read more

Objectives of Diploma in Credit Management (DCM)

This diploma in credit management program examined by kasneb, teaches about credit, credit management, dealing with customer accounts, and debt control.

It is for persons who wish to qualify and work as middle-level credit managers, credit assessors and other related areas in both formal and informal sectors.

Aim of ... read more

Entry requirements for Diploma in Credit Management (DCM)

A person seeking to be registered as a student for the DCM examination must show evidence of being a holder of one of the following qualifications:

  • Kenya Certificate of Secondary Education (KCSE) examination with an aggregate average of at least grade C minus (C-).
  • A kasneb technician certificate, CAMS or diploma certificate.
  • Such other certificates or diplomas as may be approved by kasneb.

Persons intending to take the November/December examinations must register as students not later than 15 September while those intending to take the May/June examinations must register as students not later than 15 March.

kasneb reserves the right to refuse to register any applicant who in its opinion is not fit and proper to be registered as a student.

Similarly, kasneb reserves the right to cancel the registration of any student who in its opinion is not fit and proper to be a student of kasneb.

Exemptions
Holders of CAMS will be exempted in DCM Level I. In addition, graduates of the other diploma qualifications of kasneb wishing to pursue DCM will be exempted in the common papers as applicable.
Retention of Credits
There are three levels in the DCM Examination. Each level has four papers. Papers taken and passed in a level shall be retained as credits for the candidate provided that the candidate fulfils the requirements set out below:

  • The candidate must enter and attempt all the papers in a level unless the candidate is exempted from some papers in the level or has earned credits in previous attempts.
  • A candidate who is awarded one or more credits in a level must enter and pass the failed paper(s) in the level within two and a half (2 1/2) years or five (5) consecutive sittings failure to which the candidate will be required to resit all the papers in the level.

Progression Rule
A candidate must attempt and pass the DCM Level I examination before proceeding to the DCM Level II examination. Similarly, a candidate must attempt and pass the DCM Level II examination before proceeding to the DCM Level III examination.
Duration of Registration as a Student of kasneb
A registered student of the DCM Examination will be required to complete the examination within a maximum period of six years provided that the candidate shall complete:

  • The DCM Level I examination by the end of the second year since registration.
  • The DCM Level II examination by the end of the fourth year since registration.
  • The DCM Level III examination by the end of the sixth year since registration.

kasneb reserves the right to cancel the registration of a student who fails to complete the DCM Examination within the stipulated time.

A student whose registration is cancelled under the rules in this paragraph may not be eligible for re-registration.
However, kasneb reserves the right to vary or amend the regulations. 

About Kenstar College of Accountancy

Kenstar College Of Accountancy (KCA) Nakuru aims at provisions of quality training geared towards meeting the changing demands of modern business.

... read more

About KASNEB

KASNEB is a professional examination body established with the mandate to develop syllabuses, conduct professional, diploma and technician examinations and certify candidates in accountancy, finance, credit, governance and management, information technology and related disciplines. KASNEB is also responsible for the promotion of its qualifications nationally and internationally and the accreditation of ... read more

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