Once you have registered with the ICM you need to decide how and where to study. It is entirely your choice and there are various options, as explained below. Fees vary according to the amount of support. Information evenings are also held in some teaching centres before the start of the academic year.

Evening classes

ICM qualifications are taught at over 20 teaching centres, mainly as evening classes. Course programme managers are able to provide advice on enrolment dates, class times and tuition fees, and the Institute can help you make contact. Teaching Centre contact details and open evenings.

Evening classes start in January and September

Teaching Centres

In-company classes 

Most learning providers and the ICM offer incompany classes for ICM exams or assignments. Contact the Institute for further details. Fees depend upon the location and length of course, and are generally cost effective for groups of over 10 learners.

Virtual  Classroom

Virtual summer school classes start in June.

If you are unable to start a class in June, virtual classes regularly start in January, June and October. Contact ICM Credit Academy to register your interest for the next classes This e-mail address is being protected from spambots. You need JavaScript enabled to view it

The ICM Credit Academy offers the opportunity to study in a virtual classroom for the Level 3 Diploma examined units Credit Management, Accounting Principles, Business Law and Business Environment and units towards the Level 5 Diploma.

Classes are led by an experienced tutor. The class is interactive and you have plenty of opportunity to ask questions and test your knowledge. You will hear the presenter through the telephone and see interactive PowerPoint slides on your PC.

The classes for Level 3 Diploma units in Credit Management (TEC) and Business Environment comprise of 10 x 1½ hours sessions, Accounting Principles runs over 10 x 2 hour sessions and Business Law will be 13 x 1½ hours sessions. Classes for Level 5 Diploma units comprise of 6 x 2 hour sessions. In addition learners will need to spend approx 5 - 6 hours a week on home study.

The fees will be:  £395 per unit - Credit Management (TEC) and Business Environment, £450 per unit - Accounting Principles and Business Law and £395 per unit - Level 5 Diploma units. Plus the cost of study material (see ICM bookshop). The price of the call from a UK landline will be included in this fee. Calls from mobiles and overseas may incur aditional charges. Please note you will also need internet access.

Training seminars

The ICM and some other learning providers offer one-day training seminars for ICM assignments.

Contact the Institute on 01780 722909 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it for further details. In some cases organisations have their own training which links to ICM units. The Institute can advise on the suitability of any company training.

Supported Home study

Supported home study suits those who wish to receive tutorial support or prefer flexibility The options detailed in the study options leaflet include:

Supported home study with Saturday classes

London Metropolitan University supports Credit Management (trade, export & consumer) Accounting Principles, Business Law and Business Environment towards the ICM Level 3 Diploma. The Institute’s study texts are used as the basis of the programmes. The study texts are supported by three six-hour days of tuition (Saturdays 9.30 am – 4.00 pm) together with six marked assessments and telephone tutorial support.

Price: Level 3 Diploma £440 per unit (£760 overseas) Level 5 Diploma £460 per unit (£760 overseas) payable to London Metropolitan University plus the cost of the appropriate study text, which you buy from the ICM Bookshop.

Haddoum Training, Milton Keynes offer home study with the support of 3 tuition days for Credit Management (trade, export & consumer), Accounting Principles, Business Law and Business Environment towards the ICM Level 3 Diploma and subjects towards the Level 5 Diploma 

(Saturdays 9.30am – 3.00pm) The Institute’s study texts are used as the basis of the programmes.

Prices: £450 per subject payable to Haddoum Training plus the cost of the appropriate study text, available from the ICM Bookshop. 

Supported home study

London Metropolitan University runs online home study courses for Credit Management (trade, export & consumer), Accounting Principles, Business Law and Business Environment towards the ICM Level 3 Diploma. This consists of test yourself questions, a multiple choice self- assessed mock examination, use of a discussion board and email tutor support. A tutor also sets and marks six assignments and a mock examination.

Price: Level 3 Diploma £440 per unit (£760 overseas) Level 5 Diploma £460 per unit (£760 overseas) payable to London Metropolitan University, plus the cost of the appropriate study text, available from the ICM Bookshop.

ICM Credit Academy offers a practical option for people unable to attend college classes who wish to study for the ICM Level 3 Diploma in Credit Management examined units and Level 5 Diploma units. Study materials and tutorial support is included.

The Level 3 supported tutorial package includes (per unit):

• Initial guidance on how to plan your studies
• Study text and text books
• Tutorial support for 90 minutes (email or telephone)
• 3 marked exam questions with written feedback
• Access to sample online questions (online subjects)
• Past question papers and answers for two series (written exams) 

 The Level 5 supported tutorial package includes (per unit)

• Professional discussion
• Initial guidance on how to plan your studies
• Study guide
• Tutorial support for 90 minutes (email or telephone)
• Guidance with assignment writing
• Work checked prior to submission 

Price £295 per unit postage and package included (UK only)

The Organisational Learning Centre, (OLC Europe), based in Manchester offers a supported home study programme for Credit Management (trade, export & consumer) Accounting Principles, Business Law and Business Environment towards the ICM Level 3 Diploma.

Course includes:

• Initial face to face induction session for separate modules
• Guidance in timetabling of work
• Extra course notes supporting the main syllabus topics
• Past exam questions and sample answers
• 5 marked assignments with written feedback
• Access to 1.5 hours of telephone / email / face to face support
• 3 marked past examination questions per unit
• Half day weekend revision session for each separate module
• Further email/telephone/face to face tutor support available at an hourly rate

Price £395.00 + £24.50 registration fee payable to OLC Europe

Unsupported Home Study

This provides the cheapest and most flexible option, since no tutorial support is provided. As a minimum requirement you would need to purchase relevant study texts for an examined unit. These consist of notes covering the main syllabus topics and a number of self-assessment questions & exercises. The ICM syllabus is available to guide your study and the ICM Bookshop stocks a wide range of publications to help you prepare for the examinations. See the ICM bookshop for further details.  This is not a correspondence course and in using this method you work alone.

Cost: Study text from £40 per unit

ICM Credit Academies

The ICM runs 5 Credit Academies: Distance Learning, Evening Classes, Virtual Classroom, Training and the Veolia Centre of Excellence to provide a ‘one stop shop’ for learners and employers. You can pay as you go or opt for one of the 2 year packages.