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Diploma in Corporate Finance

The Diploma in Corporate Finance will equip you with advanced corporate finance knowledge, skills and expertise. It will enhance the value you bring to the organisations you work with and help accelerate your career.


  • Practical, transaction-orientated diploma, awarded by two world-renowned and leading institutions; ICAEW and the CISI.
  • Streamlined syllabus to allow progressive learning after the Certificate in Corporate Finance.
  • Develop your core technical, commercial and ethical skills and knowledge.
  • You can either do your studying online, from anywhere in the world, or in a classroom with peers and a tutor.
  • Two sittings per year for each paper, to suit your schedule, and the whole diploma can be completed in a year.
  • Receive one year’s membership of the ICAEW Corporate Finance Faculty and student membership of the CISI.

What is the Diploma in Corporate Finance?

The CF qualification represents the highest level of achievement in the corporate finance programmes jointly offered by the ICAEW and the CISI. The diploma is now recognised by the FCA as meeting the full qualification requirement to equip talented individuals with advanced corporate finance knowledge, skills and expertise.

Diploma in Corporate Finance at a glance

Entry requirements
  • This diploma is suitable for ICAEW Chartered Accountants or Certificate in Corporate Finance holders.
  • For details about alternative entry requirements for candidates outside the UK, please see the CF FAQs.
What's involved?

The syllabus for the Diploma in Corporate Finance has been designed to develop core technical, commercial and ethical skills and knowledge for those working in the field of corporate finance. Knowledge of fundamental techniques, theories and issues supports the handling of complex corporate finance scenarios.

The diploma consists of two units:

The syllabus includes sections dealing with the regulatory issues associated with a corporate finance transaction. It is relevant to those not only from an accounting background but also from banking, legal or consultancy backgrounds. 

How do I register?

Registration is via the CISI.

  • Step 1: Book your exam by going to this page, scrolling to the bottom, and opening the form under 'Book your exam'.
  • Step 2: Email the completed booking form to corporatefinance@cisi.org.
  • Step 3: Your eligibility will be checked and you will receive confirmation of your booking which will include the date of your exam sitting.
  • Step 4: Contact the tuition provider for study support and to purchase your learning materials.
How can I study for this diploma?

Either through distance learning (self-study from anywhere in the world with the support of online materials) or classroom learning (with a tutor, surrounded by peers). Find a tuition provider near you.


On average, 200 hours of study is required to complete Paper 1: Corporate Finance Techniques and Theory and 300 hours of study is required to complete Paper 2: Corporate Finance Strategy and Advice.

  • Paper 1: Corporate Finance Techniques and Theory £383
  • Paper 2: Corporate Finance Strategy and Advice £454


Summer exams Winter exams
Closing Date 27 April 2022
 12 October 2022
Late Closing Date 1 11 May 2022
26 October 2022
Paper 1 - Corporate Finance Techniques & Theory 15 June 2022 - 14:00 BST 29 November 2022 - 10:00 GMT
Paper 2 - Corporate Finance Strategy & Advice
14 June 2022 - 13:00 BST
28 November 2022 - 13:00 GMT
Results available 25 August 2022
09 February 2023

If an examination application is received after the standard closing date, but before the late closing date, an additional late entry fee of £50 will be charged along with the examination fee.