ICFE assesses the level of English of finance professionals and is internationally recognised by many institutions in the financial and accounting industry. It is set at levels B2 and C1 of the Common European Framework for Languages (CEFR) and is a great asset for finance professionals wishing to work in an international context.
Who is Cambridge ICFE (Cambridge International Certificate in Financial English) for?
ICFE is suitable for finance professionals and anyone thinking of pursuing a career in accountancy or finance. It can be used to validate the financial English language skills of professionals wishing to pursue a career abroad. If you are intending to study abroad, ICFE can also be used to certify that you have the required level to follow a course of study related to finance at university level.
To sit for ICFE, students need to achieve a B2 level in English and are expected to be familiar with some finance and accountancy concepts and terminology.
Your level of English must allow you to:
Operate in English in an international financial environment
Communicate in English with clients
Express yourself clearly and fluently in English
Understand and produce texts in general and financial English
What does ICFE (Cambridge International Certificate in Financial English) involve?
ICFE assesses the candidate’s ability to understand, analyse, and react to a number of practical situations of the kind accounting and finance professionals would expect to encounter in their daily working lives. The exam consists of four papers and lasts for 3h30:
This paper assesses your ability to read and understand finance-related texts in English.
This paper assesses your ability towrite texts related to finance on a specific topic for a target reader.
The listening paper assesses your ability to understand spoken English in a number of realistic contexts that finance professionals are likely to encounter in their working lives.
The speaking test assesses your ability to speak clearly and with fluency in English in a professional context.
ICFE is recognised around the world by accountancy firms, educational organisations, government agencies, immigration authorities and professional bodies in the finance and accounting industry.
You can consult the list of institutions that recognise ICFE: www.CambridgeESOL.org/recognition