Are you an accountant or solicitor? Building banking excellence

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1 Are you an accountant or solicitor? Interested in a banking qualification? Keen to achieve job and career success? See what our new Education Framework can do for you. Building banking excellence

2 As a professional, you know the value of having a professional qualification. Building banking excellence These days in banking, qualifications matter. They are required by regulation, expected by customers and needed by business. It s more important than ever to ensure that your knowledge and skills are up-to-date and the best they can be. Developed in association with the banks and UCD, the Education Framework is a professional pathway that provides a core set of qualifications for everyone in the banking profession. Through its programmes, from the short, online to the executive level, our aim is to build banking excellence. That s why we ve developed the Education Framework. And why it s right for you. There are four core programmes Executives and s 70% of the public expect their banker to have a professional qualification Those in Managerial and specialist roles The Institute of ing, Public Opinion Research August 2013, W5 Marketing Intelligence ii 01

3 Why is it right for me? The Education Framework opens up a host of opportunities for your development, now as a banking professional, whatever your age, career stage, experience or ambition. It has a level that will suit you, whatever your career stage or area of work It s practical, relevant and applicable A professional pathway, it establishes a core set of education qualifications for you as a banking professional It builds on your current knowledge, experience and training It s quality benchmarked education, recognised by UCD It offers a range of specialist education options It goes beyond regulatory minimum requirements It develops your transferable skills and sustains your employability It develops your knowledge and ability to respond to the industry s changing business needs It augments your other professional qualifications

4 Where do I start? What is the? It s an engaging, short, online programme that will build or refresh your understanding of three key areas of the profession. Executives and s What do I study? There s one module covering three topics. ing Model How a bank functions, its unique characteristics and services Those in Managerial and specialist roles Ethics An overview of ethical requirements, considering trust and duty of care to customers Regulation Why and how banks are regulated and what it means for customers and employees How do I benefit? You will have a clear understanding of three key areas of your profession and of your professional and ethical responsibilities. Award from the Institute of ing What else do I need to know? The is open to everyone who is a member of the Institute. It will take you about four hours to complete. There s an online test at the end of each topic. It costs c10 and you get two CPD hours. For more details see Start here 04 05

5 What s next? Here s a look at your options The next stage on your journey through the Framework depends on your qualifications and experience, on what you are interested in and what you want to achieve. You will complete an application form. All applications will be assessed individually. Exec and D If you ve three years relevant experience, you can go straight to. If you ve three years relevant experience, you can leap forward to. If you d like to specialise in credit, personal debt management or wealth management, you can focus on gaining a specialist qualification in any of these areas. You can do this before, during or after you complete the or programmes. Or you can opt to do one or more of these specialist programmes on its own as an end in itself. if you ve 3 years experience if you ve 3 years experience once you ve 3 years experience SME Credit Personal Credit Personal Debt Wealth Thos Mana spec Open Specialist Qualifications Open 06 07

6 I want to become a What is the programme? This programme blends the academic and the practical. It s for everyone working in banking, particularly those working in or aspiring to work in roles with management responsibilities. It will give you an academic qualification and a professional designation. With three years experience, you are immediately eligible to apply for this programme Executives and s What do I study? You study three core modules and one of six optional modules. Depending on your qualification you may be exempt from some modules. CORE MODULES Principles and Practice of ing Principles of banking and the banking business model, with an emphasis on its unique risk characteristics Those in Managerial and specialist roles Principles of Fundamentals of credit risk management, taking into account key lessons from the banking crisis Customer Experience Principles of customer experience and customer relationship management, including ethical responsibilities, customer related regulation and conduct risk How do I benefit? OPTIONAL MODULES - SME Assessment - SME Financing and Distressed Credit Analysis - Personal Debt and Personal Insolvency - Wealth - ing in a Digital Age - Business You will: - Deepen your technical understanding of the main activities in banking and associated risks - Develop a transferable skill set, including decision-making, problem-solving, communication and analytic skills - Enhance your critical awareness and understanding of the contemporary issues in financial services Award Diploma in Financial Services from UCD (at Honours Degree Level 8) What else do I need to know? This programme is open to all those with a degree and who have three years experience and are a member of the Institute. It will take you a minimum of 12 months to complete and the modules will be taught through lectures, workshops and online. For more details see Designation from the Institute of ing 08 09

7 CORE MODULES (FROM THE PROFESSIONAL BANKER PROGRAMME) OPTIONAL OR ADDITIONAL MODULE(S) (FROM THE PROFESSIONAL BANKER PROGRAMME) AWARD (FROM UCD) I want to specialise in credit, personal debt management or wealth management Principles of SME Assessment in SME Credit Subject to your application, you can study individual modules or combinations of modules from within the programme. On successful completion, you will be awarded a professional certificate or professional diploma at Honours Degree Level 8. You can complete these modules at any time before, during or after the programme. You may also complete a specialist qualification on its own, as an end in itself. There is no obligation to progress to. Principles of Principles of SME Assessment Personal Debt and Personal Insolvency SME Financing and Distressed Credit Analysis Diploma in SME Credit in Personal Credit Personal Debt and Personal Insolvency in Personal Debt and Insolvency Wealth in Wealth 10 11

8 I m ready to be a What is the programme? This challenging programme will support your personal and professional development whilst giving you an integrated, critical understanding of banking. Aimed at those working in or aspiring to work in senior roles it will give you an academic qualification and an internationally recognised professional designation. The next step for you once you re a or if you ve the relevant experience Executives and s Those in Managerial and specialist roles What do I study? You study two core modules and one of three optional modules. Depending on your qualification you may be exempt from some modules. CORE MODULES Ethics and Corporate Governance In-depth consideration of these topics whilst developing the skills to evaluate decisions and assess the impacts on customers and society Risk in Financial Institutions Develops the ability to adjudicate and manage the trade-offs between the bank s risk appetite, internal control framework and its profitability OPTIONAL MODULES - Strategy and Innovation for Retail Financial Services - Asset How do I benefit? - Corporate Finance You will: - Broaden your knowledge and understanding of the requirements and responsibilities of banking, its activities and associated risks - Enhance your business judgement, critical analysis and problem solving skills - Progress your thinking on key challenges - Advance your ability to blend theory and practice in complex situations to improve business performance - Develop a holistic professional skill set that works to ensure commercial sustainability and the maintenance of the trust of customers and wider stakeholders Award Diploma in ing from UCD (at Postgraduate Degree Level 9) Designation from the Institute of ing and the Institute What else do I need to know? This programme is at postgraduate level. To enter you need three years relevant experience, and either have a relevant professional qualification, or have completed the programme or hold an Honours degree in a relevant discipline. It will take you between six months and two years to complete and the modules will be taught through lectures, workshops and online. For more details see

9 Are you a member? If you d like to study any of these programmes you must be a member of the Institute. Contact us for more details. I m interested. What do I do next? You can find out more about the Education Framework and get full details of these programmes on or phone us directly on +353 (0) We d be delighted to hear from you. The Institute of ing IFSC 1 North Wall Quay Dublin 1, Ireland P +353 (0) F +353 (0) E info@iob.ie W 14