201512 CM December

EDUCATION
CICM IS THE RECOGNISED STANDARD IN CREDIT MANAGEMENT
TOP CLASS
GRADUATES
Catherine Edmonds and Agnieszka Nabialczyk scooped credit management prizes
at Plymouth University’s graduation ceremony in September.
CATHERINE Edmonds and Agnieszka
Nabialczyk scooped credit
management prizes at Plymouth
University’s graduation ceremony in
September.
Professor Salima Paul, Professor
of Credit Management, and Professor
Nikolaos Tzokas, Executive Dean of Faculty
of Business, congratulated the graduates
and introduced them to Dr Debbie
Tuckwood, CICM Director of Learning and
Development, and Sue Chapple, Head of
Revenue Management at EDF Energy.
Catherine Edmonds, who won the CICM
Prize for top credit management student,
was delighted with the award: “I thoroughly
enjoyed the range of content that was
covered during my credit management
module, and I was particularly interested in
the topical issue of late payments and their
effects on SME’s and how past, current
and proposed actions have influenced their
impact,” she says.
“Having such an inspirational and
knowledgeable lecturer who encouraged
us to inquire and innovate also contributed
heavily to my enjoyment of the module,”
she continues. “The reason I really enjoy
credit management is because there are
no black and white answers, you are able
to think creatively and really challenge
yourself.”
Students on Plymouth University’s BA
(Hons) degree courses in Accounting and
Catherine Edmonds
Finance, Business Studies, International
Finance and Economics all have an
opportunity to select a third year module
in Credit Management Theory and Practice
led by Professor Salima Paul, CICM Chair in
Credit Management. The course is popular
with over 100 students choosing credit
management in the 2014/15 academic year.
Salima encourages students to find oneyear
placements in a credit management
department to gain practical experience.
Agnieszka Nabialczyk who won the EDF
Energy prize for best credit management
assignment says she thoroughly enjoyed
Agnieszka Nabialczyk
the course and would love to get into credit
management as it is such a vital career:
“Nowadays nearly 80 percent of business
transactions are made on credit,” she says.
“To remain competitive businesses grant
credit to their customers. However, firms
constantly face two risks: the risk of being
paid late or not being paid at all; and the
risk of losing sales if credit is not granted.
Ability to weigh both risks is therefore
critical to the survival and performance
of every business. Such ability lies 'at
the heart' of credit management,” she
concludes.
Nowadays nearly 80 percent of business
transactions are made on credit. To remain
competitive businesses grant credit to their
customers.
– AGNIESZKA NABIALCZYK
46 December 2015 www.cicm.com
The recognised standard in credit management