Comprised of five courses this certificate will give you a deep, practical understanding of the need for microfinance in less developed economies, the various models available and their application, the role of technology and how to mitigate risks.
US$499
Microfinance Associate Certificate (MAC)
Get your business ready to join or access the microfinance industry with our practical, online certificate
Why take the Microfinance Associate Certificate (MAC)?
In-depth understanding
Spot trends and new markets
Learn how to identify key indicators of demand for microfinance including geographical patterns and statistics on topics such as health and climate change.
Learn from the experts
This certificate has been created in partnership with Satin Creditcare Network (SCNL), one of the world’s leading microfinance providers. Learn from real industry practitioners.
Earn an ICC qualification without leaving home
The Microfinance Associate Certificate (MAC) is 100% online, including the exam so you can fit learning in around a busy schedule. No classroom sessions to attend. No travel required. Study anytime, anywhere.
US$499
12 months access
15+ hours of interactive learning
60 minute online exam
Downloadable ICC certificate
100% online
CURRICULUM
The MAC is made up of 5 courses and a final exam. Each course takes approximately 3 hours to complete and the final exam lasts for 60 minutes.
Course 1: Introduction to Microfinance
This course is designed to provide an understanding of the role that microfinance plays in properly assisting people from less developed sectors who are unable to access financial services from the mainstream banking sector.
Course 2: Microfinance Ecosystem and Application
- Get a practical overview of the global ecosystem involved in financial inclusion.
- The course also covers the risks involved in microfinancing activities, as well as the trends and current practices in various international markets
Course 3: Microfinance Technology and Analytics
This course is designed to provide a practical overview of the role of technology and innovation as well as the role of business analytics and predictive modelling in the microfinance industry
Course 4: Microfinance Risk and Mitigation
Learn the role of preventive audit and risk-management practices in mitigating overall risks involved at various processes in the microfinance industry
Course 5: Microfinance Indicators and Impact
- Understand the key indicators involved in measuring the expanded global index of the microfinance industry.
- Identify geographical patterns and statistics on topics such as health and climate change to help gauge demand for microfinance
Microfinance Associate Certificate (MAC) Final Exam
In order to receive the official ICC Academy certificate for this programme you will need to sit and pass our final exam.
To uphold the integrity and credibility of this certificate all our exams are live proctored via the internet. This ensures there is no outside interference and that your achievement carries more weight and respect. It also means you do not need to leave your home to take the exam – all you need is a reliable internet connection!
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FAQs
What happens if I fail the exam?
Your purchase of the MAC allows one attempt at the exam. If required, a retake can be purchased for USD $60 if you are still within your 12-month access period by contacting our Help Desk.
Are there any prerequisites for taking the MAC?
All candidates need to be able to read and write in English.
How long do I have access to the courses for?
Your purchase includes 12 months to access all 5 courses and the final exam. You can access the lessons within the courses as many times as you like within the 12-month access period. Once you have completed all 5 courses, you will get access to the final exam.
Can I request a refund for my purchase?
Due to the immediate availability of our course content upon registration, ICC Academy has a strict no-refund policy for our courses and certifications. For more details, please refer to our Terms and Conditions.
How long will it take to complete the MAC?
It will take approximately 15 hours to complete the five courses depending on your level of experience. The final exam is 60 minutes long.
Candidates will have 12 months to complete the 5 courses and take the final exam from date of purchase.
What's included with my purchase of the MAC?
- One-year access to the certificate programme – 15 hours of learning over five courses – delivered exclusively online
- Interactive learning – 78 assessment questions and 7 case studies to help you grasp key concepts easily and review the course materials.
- One attempt at timed one-hour online exam – if you pass (70%) you will receive an ICC Academy, industry-recognised certificate signed by our secretary general!
- Dedicated, full-time IT support
Is the exam online?
Yes, all our courses and the final exam are taken online. This means they are accessible at any time, from anywhere in the world. Learn when and where you want. You can find more details about how our exams work here.
Who is the MAC for?
The MAC is designed for:
- Any individuals or businesses practicing and involved in microfinance value chain and those exploring a career in the microfinance industry
- Bankers, non-banking finance companies and financial advisory firms
- Professionals from NGOs and focused research groups, as well as executives who are involved in policy making
