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Diploma in Asset Finance (DipAF)

Developed in partnership with The Finance & Leasing Association, the Diploma in Asset Finance supports asset finance specialists in developing their knowledge and skills and enhancing their professional credentials.

About the qualification

DipAF has been developed in collaboration with The Finance & Leasing Association (FLA) and in consultation with the industry. Its content reflects the understanding and knowledge required for specialists in this area to perform effectively.

fla-logoAs a specialist working in the asset finance sector, DipAF provides you with the required in-depth knowledge to operate effectively as you build your career. For those already working within the sector, DipAF provides you the opportunity to attain a recognised qualification that has been specifically designed to support your industry. The qualification is formed of three units taking you from an introduction to asset finance right through to the sales and account-management processes. 

The Diploma in Asset Finance is a Level 5 qualification registered with Ofqual in the Regulated Qualification Framework (RQF).

Key Facts

  • Structured study – see ‘Studying’ section for start dates
  • Comprehensive study materials are provided
  • Combination of multiple-choice exams, coursework assessments and written exam
  • Upon completion, you are able to use the 'DipAF' designation after your name
CPQ Blue Testimonial

By investing in the future of the asset finance sector, we are helping to secure its vital role in the UK’s business funding landscape.

Stephen Sklaroff - Director General of the FLA


DipAF consists of three units.

Unit 1 - Business Management and The Provision of Asset Finance (BMAF)

An introduction to the asset finance industry, including the background and evolution, and the business management and competitive strategy of asset finance providers. As well as the options available for providing asset finance.

Unit 2 - The Legal and Regulatory Requirements of Asset Finance (LRAF)

The legal and regulatory landscape of asset finance, the roles and powers of the regulators  and the key acts and the FLA’s Business Finance Code.

Unit 3 - The Sales and Account-Management Processes of Asset Finance (SAAF)

The sales process and account management process within asset finance and how to analyse and evaluate the key aspects and considerations.


June 2017 Study Timetable
November 2016 Study Timetable

Your registration fee includes the following study support:

  • Online access to study texts immediately after registration
  • Student handbook covering key qualification features, study technique and content applicable for achieving the learning outcomes of the units
  • Glossary of key terms
  • Webinars (recorded and live)
  • Student handbook
  • Live workshop
  • Access to online tutor forum
  • Specimen / exemplar papers

Total Qualification Time = 436 hours


Unit 1 - BMAF and Unit 2 - LRAF

Each unit is assessed through a 1-hour objective exam comprising 30 multiple-choice questions and a separate coursework task.

Unit 3 - SAAF

Assessed through a 2-hour objective exam comprising 50 multiple-choice questions and a separate written exam.

The multiple-choice exams can be taken at over 150 Pearson VUE centres nationwide with the result provided on the day.

View information on examination booking and venues 


Looking for further information


For registration and other enquiries please contact Student and Customer Services on +44 (0)12 2781 8609.