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Last Updated: Aug 29, 2026
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The scope of the BCS FBA15 Certification exam also includes topics related to international finance and banking, corporate finance and banking, financial statements, internal audit standards and procedures, financial management policies and systems, investigative skills, information security policies and procedures for companies that are located outside the USA. The certification also measures a candidate knowledge of the IT and non-IT services that are related to the financial banking audits. To obtain this certification, one must have passed the BCS FBA15 exam. Candidates should be familiar with all aspects of financial banking audits. They should understand financial institutions and their functions, internal controls, and risk management policies within a company. They should also have an understanding of personal identity verification, software development life cycle (SDLC), information security policies including cryptography and digital signature standards, and online banking practices.
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The BCS FBA15 Certification exam assesses a person knowledge and understanding of financial banking audits. It is designed for students who are interested in entering the finance and banking industries as financial auditors or bank accountants/financial auditors, as well as students who wish to develop their careers in this field. It also exams their abilities in delivering, planning, and executing financial audits. To pass this certification examination, one must have a CCNA Certified status.
Reference: https://www2.bcs.org/certifications/ba/business-analysis-foundation-certificate
The average salary of employees who hold the BCS FBA15 certification is approximately $14,000 per year. Job opportunities abound for people with this certification.
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| Section | Weight | Objectives |
|---|---|---|
| Business Analysis Process Model | 10% | - Investigate situation - Analyse needs - Consider perspectives - Define requirements - Evaluate options |
| Making the Business Case | 10% | - Investment appraisal techniques - Feasibility assessment - Cost-benefit analysis - Agile context considerations |
| Defining Requirements | 15% | - Requirements validation and prioritisation - Requirements documentation - Categories of requirements |
| Competencies of a Business Analyst | 2.5% | - Core competency areas - T-shaped professional concept |
| Stakeholder Analysis and Management | 10% | - Stakeholder identification - Stakeholder classification techniques - Stakeholder management strategies |
| What is Business Analysis | 5% | - Business change lifecycle - Principles of business analysis - Role variants of a business analyst |
| Modelling Business Processes | 15% | - Process improvement techniques - As-is and to-be processes - Process models and notations |
| Investigation Techniques | 15% | - Document analysis, prototyping - Scenario analysis, questionnaires - Interviews, workshops, observation |
| Strategic Context for Business Analysis | 7.5% | - SWOT and resource audit - PESTLE external analysis - VMOST internal analysis |
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