How do micro-credentials work?
The micro-credentialed courses offered by CPA Australia are equivalent to 20, 30, 40 or 60 hours of study, including an in-built formal assessment that corresponds to an AQF level. When you successfully complete a course, you’ll be awarded a digital badge that represents the micro-credential. Relevant micro-credentialed courses that can be ‘stacked’ into 120-hours of study will be assessed by a capstone exam, and successful completion represented by a digital certificate.
Why is CPA Australia introducing micro-credentials?
CPA Australia is introducing education offerings that are flexible, relevant, add value and provide life-long learning opportunities. We are offering micro-credentials alongside the CPA Program, in response to changes within the profession, both to the skills and capabilities employers are looking for in finance and business professionals and to the way that individuals want to develop their professional capabilities and demonstrate their achievements.
How do micro-credentials work with the CPA Program?
The CPA Program is a ‘macro-credential’ that represents a significant investment of study hours to achieve a globally recognised designation. CPA Australia Micro-Credentials are available alongside the CPA Program, as a new way to quickly gain or demonstrate specific capabilities important to your employer or career path.
Should I enrol for a Digital Finance micro-credentialed course if I'm currently studying in the CPA Program?
A high competency in digital finance is increasingly expected of finance professionals. That’s why we’re pleased to share that Digital Finance will be introduced as a new elective in the CPA Program from Semester 2, 2021.
If you’re underway in your CPA Program study, you can make subject choices for the coming semesters to ensure that you’ve got an elective space free to complete this subject when it’s available in Semester 2, 2021. If you don’t have any elective spots free, you will be able to stack our Digital Finance micro-credentialed courses into 120-hours of study, assessed by a capstone exam, with your achievement represented by a ‘Digital Finance’ digital certificate.
Do I need to complete an assessment to achieve a micro-credential?
All CPA Australia Micro-Credentialed courses have in-built assessment which is included in the fee. You can choose not to complete the assessment, but you won’t receive the micro-credential or be able to claim a digital badge and CPD hours will not be automatically applied.
What level of capability and experience are the Digital Finance micro-credentialed courses delivered at?
The Digital Finance micro-credentialed courses and assessments are the equivalence of an undergraduate subject level and are at the Proficient level on our Accounting and Finance Capability Framework. View our definitions of levels of capability and experience.