What support do you get as a BFP?
In addition to the prestige associated with the BFP designation, ICAEW Business and Finance Professionals also have access to a wide range of resources to support them in their personal and professional development. Here is an overview of what is included:
- The designatory letters BFP: Using these can help you demonstrate your status and recognition from a membership organisation.
- Business and finance refresher: An A-Z of reference materials covering a wide range of finance, accounting and business topics.
- Microsoft Excel training and community: A suite of online Excel training modules, a personalised training plan, model spreadsheets and video tutorials.
- Your chosen technical specialism: Tailored technical content that’s most relevant to your current job or chosen future career.
- Helplines: One-to-one, free and confidential help from ICAEW’s technical advisory and ethics helplines, as well as support from ICAEW’s library research team.
- Newsletters: Business, finance and accountancy news.
- Lifestyle discounts and offers: A range of discounts and offers from high street and online retailers.
At a glance
ICAEW BFP is a sought after designation. You can use the BFP letters after your name to show employers your professionalism and commitment to learning.
-
Costs
There’s a one-off registration fee of £25 and the annual subscription fee is £125*.
If you're earning less than £31,615 p.a, you are eligible for our concession rate, and your subscription fee would then be £50. -
Duration
The qualification takes on average between 12 - 18 months to complete.
-
Entry requirements
There are no minimum entry requirements. Individuals committed to their development and to increasing their professionalism can start working towards the designation.
-
Level of study
ICAEW BFP is a level 4 designation. BFP is also a professional title in its own right that will help you become a well-respected professional in any organisation and prepare you for more senior roles.
-
Study options
There are flexible study options. These includes online tuition, classroom, self-study and more.
How does it work?
-
Step 1 - Sign up for ICAEW CFAB
If you’re new to ICAEW, your first step will be to sign up for ICAEW CFAB. You will then have access to the six modules, so you can start studying for the qualification and gain essential business knowledge. If you are already an ICAEW student, currently studying for ICAEW CFAB or the ACA, you can skip this step and go straight to step 2.
-
Step 2 - Register as a BFP student for free
Using your ICAEW student number, you can register to start the BFP journey for free. This will provide you with access to the Ethics Learning Programme and allow you to send over your 12 months’ work experience so you can tick off two of the requirements.
-
Step 3 - Apply for the BFP designation
Once you have completed ICAEW CFAB, passed the online Ethics Learning Programme and had your work experience properly signed off.
-
Step 4 - Become a BFP
Once you’ve completed all three elements you’re ready to apply to become an ICAEW Business and Finance Professional.
There’s a one-off registration fee of £25 and the annual subscription fee is £125*.
If you're earning less than £31,615 p.a, you are eligible for our concession rate, and your subscription fee would then be £50.
