Commercial Paper
About Commercial Paper
Commercial paper, often known as CP, is a type of short-term debt that businesses issue to borrow money, typically for a duration of up to one year. It was initially established in India in 1990 and is an unsecured money market instrument issued in the form of a promissory note.
Commercial paper management has gained immense popularity across the globe resulting in huge demand for certified professionals.
Why is Commercial Paper important?
Commercial paper has several benefits:
- It is more flexible due to its high liquidity value and wide maturity range.
- It is quite dependable and devoid of any restricting conditions.
- By using commercial paper, businesses may spend less money while still making a profit.
Commercial paper management certified professionals, executives and managers are in high demand in companies across the globe.
Who should take the Commercial Paper Exam?
- Finance professionals
- Analyst/Associate
- Commercial Paper Trader- Associate
- Proposal Writer and Strategist
- Loan Management Associate
- Project Manager
Knowledge and Skills required for the Commercial Paper
Critical thinking and communication skills helps candidate to gain quick success for career in commercial paper.
Commercial Paper Practice Exam Objectives
Commercial Paper exam focuses on assessing your skills and knowledge in concepts and application of Commercial Paper
Commercial Paper Practice Exam Pre-requisite
There are no prerequisites for the Commercial Paper exam. Candidates who are well versed in Commercial Paper can easily clear the exam.
Commercial Paper Certification Course Outline
- Introduction to Commercial Paper
- Types of Commercial Paper and Parties
- Requirements for Negotiability
- Transfer and Negotiation of Commercial Paper
- Problems and Issues in Negotiation
Exam Format and Information
Certification name – Certificate in Commercial Paper
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199