It was an excellent opportunity to refresh and expand my knowledge of pressing climate risk issues and to better understand how the financial community can contribute to addressing climate change.
Home of Europe'sFinancial Community.
Setting the professional standards in capital markets,
research and ESG since 1962.
effas in numbers
EFFAS promotes the development and dissemination of a European Code of Ethics and Professional Conduct.
EFFAS has been setting the standard for investment
professionals since 1962
4 VAPs
Value Added Partners driving international adoption.
15
members
National Member Societies in Europe.
+18k
pros
Representing Financial Analyst and other professional profiles in the investment professions.
+28k
Holders
Certificate holders around the globe.
Available Now
EFFAS Certified Climate Risk Analyst (ECRA)
effas publications
News, articles & position papers
EFFAS ACADEMY
Explore our Certification programmes
Help me choose my certification programme
Want to know your next step in your career?
Our experts will help you choose
Member Societies
What Holders Say About Us
Understanding Climate Risk
Clemens Peinbauer, ECRA ®
Generali - Senior Investment Manager
Strengthening ESG and Climate Risk Expertise
Completing the CESGA and ECRA programmes has provided me with up-to-date and comprehensive knowledge of ESG and climate risk. The programmes offer valuable insights into regulatory requirements, market developments, key risks and mitigation measures, helping me build practical expertise in these areas.
This knowledge is particularly relevant to my work in crisis and incident management, where climate risk is becoming increasingly important for operational resilience. Understanding how organisations can prepare for extreme weather events, such as heatwaves and typhoons, has been especially valuable. The programmes also introduced practical market approaches, potential solutions and the broader benefits of effective climate risk management.
Dicky Wong, CESGA and ECRA ®
Assistant General Manager, Business Continuity and Incident Management
Highly recommended
“The EFFAS Certified ESG Analyst course is highly recommended. It is a comprehensive and very good presentation of extra-financial ESG factors. It is fully online for today`s convenience and is great value for money. Prof. Dr. Bassen and his EFFAS ESG team is doing a very good job and I can highly recommend the programme.”
Bård I. Hamre, CESGA®
Principal Trader | MB ELC PET | Equinor ASA
A Strong Foundation in Finance
The CEFA by EFFAS ® programme provided me with a solid foundation in financial analysis, valuation and portfolio management. It enhanced my analytical and decision-making skills by combining theoretical knowledge with practical application. Earning the certification has been an important milestone in my professional development within the finance sector.
Antonio Desiderio, CEFA by EFFAS ®
Accenture - Packaged App Development Analyst
Strengthening Professional Credentials
I had a great experience, both in terms of the learning process and the platform, where I could access the lessons, course content, and the exam itself. I believe this certification has significantly enhanced my CV and strengthened my credentials within the sector. The support provided by EFFAS Academy is also very important in helping us achieve our professional goals.
Joao Magalhaes, ECIM ®
University of Edinburgh - Public Health MD
Understanding the Future of Finance
Completing the EFFAS Digital Assets and MiCA (DiAM) certification was a highly valuable experience. The programme combines regulation, technological innovation and the wider transformation of financial markets in a clear, rigorous and practical way.
I particularly appreciated how MiCA is placed within the broader context of blockchain technology, tokenisation and sustainable finance, providing a coherent understanding of how these developments are shaping the digital assets ecosystem. The quality of the lecturers, all of whom bring relevant professional experience to their teaching, added significant practical value and helped make complex topics both accessible and engaging.
Overall, the DiAM certification strengthened my understanding of the regulatory and technological developments transforming finance and provided me with a broader, more strategic perspective on the future of digital financial markets.
Andreea Roxana Gheorghita, DiAM ®
The Financial Supervisory Authority of Romania - Expert in management
Connecting Regulation, Technology and Markets
Completing the EFFAS Digital Assets and MiCA (DiAM) programme was a valuable opportunity to deepen my understanding of the transformations that technology and digital assets are bringing to the financial sector.
I particularly appreciated the programme’s broad and well-structured approach, connecting digital assets and MiCA with evolving financial markets, emerging business models and regulatory challenges. The lecturers’ practical experience was a major strength, helping to link theoretical concepts with real market developments through clear explanations and relevant examples.
The course is structured in a logical and progressive way, encouraging participants to revisit and apply key concepts throughout the learning process. Overall, the programme reinforced my view that regulation, technology and market developments need to be considered together, and I would confidently recommend it to professionals seeking to understand both the current framework and the future direction of finance.
Bogdan Aurelian Poliac, DiAM ®
Financial Supervisory Authority - Inspector
Building a Stronger Financial Perspective
My experience with the CEFA by EFFAS programme was both demanding and highly rewarding. After completing my Master’s in Finance, I wanted to consolidate my knowledge and develop a more structured and professional approach to financial analysis.
What I valued most was the way CEFA by EFFAS connects accounting, valuation, economics and portfolio management within a single analytical framework. It helped me better understand the factors that drive a company’s value, risk and financial performance.
The programme has also proved highly relevant to my professional experience, particularly in understanding cash flow, working capital and the financial impact of operational decisions. Overall, CEFA by EFFAS has strengthened both my technical knowledge and my approach to financial decision-making, and I would recommend it to anyone seeking a solid foundation in financial analysis.
Jorge Gregorio Garcia-Heras, CEFA by EFFAS ®
Comunidad de Lideres Hispanoamericanos (CLH) - Cofounder