1 June 2024

Registration is now open for Certified Expert in Financial Inclusion Policy online training


Registration for the next intake (September 2024 – February 2025) opens on 1 June  2024 on Frankfurt School of Finance & Management website. 


AFI, in collaboration with the Frankfurt School of Finance & Management, is launching the 15th session of its online training module, Certified Expert in Financial Inclusion Policy (CEFI). Launched in 2017 by the two institutions, this is their first ever online training module and has seen 14 successful intakes so far. 

Participants continue to benefit from a world-class education experience of a top-ranked business school, combined with the expertise from the world’s leading organization for financial inclusion policymakers.

Who should sign up for the course?

  • Financial regulators, policymakers and supervisors who are working on developing policies, regulations, strategies pertaining to financial inclusion.
  • Management and staff of financial service providers, both banks and non-banks, and financial inclusion professionals who need to be aware of the regulatory aspects to help design and deliver financial services that promote financial inclusion.
  • Staff of AFI member institutions who are new to financial inclusion or interested to make a career change in financial inclusion.
  • AFI member institutions that are setting up new units specializing in financial inclusion.
  • AFI member institutions that are developing a comprehensive financial inclusion strategy.
  • AFI PPD partners who want to understand the policy perspective of financial inclusion.

What is the course content?

This course provides an understanding of the design and implementation of regulatory frameworks that help promote financial inclusion. The seven units are as follows:

 Unit 1

Aligning the Goals of Financial Inclusion, Integrity and Stability

Unit 2

Measuring Financial Inclusion

Unit 3

Digital Financial Services

Unit 4

Consumer Empowerment and Market Conduct

Unit 5

MSME Finance

Unit 6

Microcredit, Microsavings and Microinsurance

Unit 7

National Financial Inclusion Strategies

For more details on each unit, click HERE

What is unique about the course?

This is the first online course on financial inclusion that has a very clear focus on the policy aspects of financial inclusion. The course will help develop skills to draft and analyze policies and to design strategies most relevant to emerging economies.

What are the benefits of the course?

  • The structure is flexible and available online. Participants will be able to complete the course within six months at their own convenience.
  • Upon completion, participants will receive certification from a world-class educational institution.
  • Participants will receive input from technical experts and learn from their peers through the discussion forum.
  • The course can be completed while working a full-time job.

How much does it cost?

The course is priced at EUR1,550. Registrations received before or on 15 July 2024 are eligible for an early bird discount. With the early bird discount, the course costs EUR1,350.


  • The staff of paid-up AFI member institutions are eligible for a discount of EUR300. Contact Frankfurt School of Finance & Management for further details on the discount.
  • Ten percent discount on groups of two or more participants working at the same institution is eligible, if informed to us before by email.
  • Ten percent for Frankfurt School of Finance & Management alumni.
  • For company package discounts, contact Frankfurt School of Finance & Management.
Course fees AFI member institutions Non-member institutions
Price before 15 July 2024 EUR1,350 EUR1,350
Price after 15 July 2024 EUR1,550 EUR1,550
Price for paid-up AFI member institutions only EUR1,050 Not applicable
Certificate fee Digital certificate – free
Hard copy certificate- EUR50
Digital certificate – free
Hard copy certificate- EUR50

The final exam takes place online for 2 hours.

How to register?

Registrations for the next intake (September 2024 – February 2025) will open on 1 June 2024 on Frankfurt School of Finance & Management website. 

Please note that discounts can only be granted if participants chose “bank transfer” as payment option. Frankfurt School can cater for PayPal or credit card payment at a later stage upon request.

When does the course begin and end?

The course for the next intake begins on 1 September 2024 and is required to be completed within six months.  The program structure is flexible and can be self-paced. In total, a workload of 150 hours is expected, which averages at three to four hours of self-study per week and work during the six months period (self-study, online lectures, reading, final exam preparation). 

How are the assessments completed?

Each unit ends with an online test that consists of multiple-choice questions. Participants must pass these tests to get access to the subsequent module. The final exam takes place online. In order to take the final exam digitally, you must have a microphone and webcam for proctoring, as well as stable power connection or a fully chargeable laptop in case you are located in a region that experiences frequent power cuts.

What certification is given on completion of the course?

Upon successful completion of the exam, Frankfurt School will issue a certificate. With the certificate, participants earn six European Credit Transfer System (ECTS) credit, which can also be recognized at participating universities. If the exam is not taken or failed but participants have completed the course work, a confirmation of course completion can be issued by Frankfurt School on request.

Recognition in Frankfurt School’s Online Master of Leadership in Development Finance

CEFI is an integral part of Frankfurt School’s Online Master of Leadership in Development Finance. As such, CEFI alumni taking the online master’s program get CEFI recognized both for the syllabus and tuition fees.

Click HERE to download the course brochure. Please get in touch with us at Capacity.Building@afi-global.org if you have any questions.

We invite you to join the course to become a certified expert in financial inclusion!

© Alliance for Financial Inclusion 2009-2024