The International Certificate in Financial English (ICFE) is an exam which shows whether candidates whose first language is not English have an adequate level of English to function efficiently, in terms of language ability, within the international finance community.
It has been developed in partnership of University of Cambridge ESOL with ACCA (the Association of Chartered Certified Accountants), which is the largest and fastest-growing international accountancy body.
Cambridge ICFE is suitable for students of finance and accounting and practising accountants and finance professionals who are:
seeking employment in an international contextThe certificates awarded by Cambridge ESOL are recognised by thousands of educational organisations and employers throughout the world as reliable evidence of the level of English the learner has achieved.
ICFE is set at levels B2-C1 of the Common European Framework of Reference for Modern Languages (CEF). Success at C1 level may be used as proof of the level of language necessary to work at a managerial or professional level or to follow a course of academic study at university level.
The following list is an illustration of some of the areas featured in ICFE:
Financial ReportingPlease note we have lowered our fees by an average of more than 3 %!
Exam Test Date Speaking Part Registr. Late registr. Price EUR CEF LevelThe late registration fee is increased by 35 EUR due to the additional administration that comes with this.
You can register online at http://examinations.britishcouncil.org from anywhere in the world, in your language school or at the British Council office in Bratislava only during the registration periods. After a successful registration, you will receive a confirmation email generated automatically by our system. If you have not received the confirmation email, please contact us as a matter of urgency. Do not forget your registration is only valid upon payment of the full fee (in cash, by credit cards, bank transfers or on-line) by the last day of the respective registration period!
We accept online payments, bank transfers, postal orders, as well as payments in cash or by debit/credit cards. Please make sure you realise your payment by the last day of the registration period. Should you fail to pay by the last day of the respective registration period, your registration will be cancelled.
Each paper is weighted to a total of 50 marks. The total mark for the four ICFE papers is, therefore, 200, after weighting.
Results are reported as three passing grades: C1 Pass with Merit; C1 Pass and B2 Pass, and two failing grades: Narrow Fail and Fail.
A candidate’s overall ICFE grade is based on the total score gained by the candidate in all four papers. It is not necessary to achieve a particular level in all four components in order to pass the examination, as the final mark on which the grade is awarded is based on the aggregate score of all of the test components.
Statements of results are released approximately six weeks after the examination has been taken. All candidates receive a statement of results showing their performance on each of the four papers and an overall grade, and candidates who achieve passing grades will receive an official certificate awarded by University of Cambridge ESOL Examinations.
Our aim is to continuously improve our services to our customers. If you should have any suggestions or comments that may help us in this process please contact us.
Any comments you may have concerning the conduct of the examination should be directed to the Supervisor immediately after the examination and in writing to the examination centre staff no later than by the date stated in session regulations. In the case of the Listening test all comments should be reported at the beginning of the test, after hearing the introductory recording.
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