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Diploma in Corporate Finance

The Level 6 Corporate Finance Techniques and Theory (CFTT) exam will no longer exist after the summer 2024 session. It will be replaced by three on demand exams.


  • 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:
  • Paper 1: Corporate Finance Techniques and Theory
  • Paper 2: Corporate Finance Strategy and Advice
  • 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.
    Duration 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.
    Cost Exam costs can be found on the CISI Corporate Finance Diploma page. Click on the Book your exam PDF link for more information.


    Summer exams Winter exams
    Closing Date 19 April 2023 11 October 2023
    Late Closing Date 1 3 May 2023 25 October 2023
    Corporate Finance Techniques & Theory 6 June 2023 - 10:00 BST 28 November 2023 - 10:00 GMT
    Corporate Finance Strategy & Advice 5 June 2023 - 13:00 BST 27 November 2023 - 13:00 GMT
    Results available 17 August 2023 8 February 2024

    1 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.