17 18 Institute of Banking

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17 18 Institute of Banking
Professional Diploma in Banking
(leading to Chartered Banker)      17
                                     18

Postgraduate Education 2017/2018
www.iob.ie/postgrad
Who we are

The Institute of Banking is the largest      The Institute provides university level programmes to enable our
                                             members achieve and sustain their professional qualifications and
professional institute in Ireland. We are    continuing professional development (CPD) - essential in meeting
a community of over 35,000 members           customer and regulatory expectations.

who work in banking and international        More than 11,000 individuals studied with us last year and 24,000
financial services in both the Republic of   members are registered for CPD schemes administered by the
                                             Institute.
Ireland and Northern Ireland.
                                             Excellence in education –
Professional development of our members      a recognised college of UCD
through education is at the heart of what    As a recognised college of University College Dublin (UCD) and the
                                             standout banking industry educator, we offer qualifications of the
we do.                                       highest standard.

                                             We currently have more than 40 programmes ranging from
                                             Professional Certificates (level 7 on the National Framework of
                                             Qualifications (NFQ) to Masters Degrees (level 9)). We design our
                                             programmes to be practical and relevant, but grounded in academic
                                             rigour.

                                             Contact us
                                             Please contact us and we will help you in any way we can.

                                             The Institute of Banking
                                             IFSC, 1 North Wall Quay, Dublin 1,
                                             D01 T8Y1, Ireland.

                                             T: +353 (0)1 611 6500
                                             E: info@iob.ie
                                             W: www.iob.ie
Introduction

Who is this programme for?                                               How you will benefit
The Professional Diploma in Banking was introduced specifically to       This programme will support your personal and professional
support the development of individuals in leadership positions, or who   development whilst giving you an integrated, critical understanding of
aspire to leadership roles in banking and financial services.            banking.

It exposes students to contemporary issues in ethics and corporate       It will:
governance relevant to financial institutions within the context of
understanding the importance of effective risk management. Students      - Broaden your knowledge and understanding of the requirements for
then progress to develop expertise in corporate finance, asset              responsible banking, taking on board the interests of a wide range
management or strategy, depending on their selection of the relevant        of stakeholders.
optional module.
                                                                         - Develop your thinking on key business challenges and ethical
                                                                            dilemmas faced by management when striving to improve business
Professional designation                                                    performance.
This programme satisfies the educational requirement for the
prestigious, internationally recognised Chartered Banker designation.    - Provide you with the opportunity to develop specialist knowledge
Chartered Banker is the gold standard for professionals working in          and expertise in corporate finance, asset management, or strategy in
the financial services sector. Chartered Bankers are highly qualified       the specific context of retail banking.
professionals, well equipped for a management career or leadership
role.                                                                    - Enhance your business judgement, critical analysis and problem
                                                                            solving skills.
For further information on the designation, please visit
www.iob.ie/CharteredBanker                                               - Develop in you a holistic professional skill set to ensure commercial
                                                                            sustainability and the maintenance of the trust of customers and
                                                                            wider stakeholders.

The Institute of Banking |Professional Diploma in Banking 2017/2018                                                                            01
Curriculum

The programme consists of                                   01 (Core)                                              The most relevant
two core modules, plus one                                                                                         content for me was
optional module:                                            Ethics and corporate
                                                                                                            the technical content in the
                                                            governance
                                                            (NFQ level 9, 10 ECTS)
                                                                                                            Risk Management module
Core:
                                                            This module looks at the corporate
                                                                                                            covering core banking
01	Ethics and Corporate                                   governance best practice principles             business model risks such as
     Governance
                                                            and their application in both a financial
                                                            services and a general organisational
                                                                                                            credit risk or liquidity risk.
02	Risk Management in                                     setting. It also aims to provide students
                                                            with a deeper understanding and                 I quite enjoyed having others
     Financial Institutions                                 appreciation of the ethical dimension           curate and deliver what I
                                                            of corporate governance and, in doing
                                                            so, stresses the importance of corporate        needed to learn to be a more
                                                            culture to the longevity of organisations.      knowledgeable banker.
                                                            In considering the behaviours and
                                                            decision-making processes of individuals,
                                                            groups, and specifically those charged          I would recommend the
                                                            with governing organisations, the               programme to anyone
                                                            module offers approaches for dealing
                                                            with common ethical dilemmas and                working in banking who has
                                                            ethical crises.                                 learned on the job but wants
                                                                                                            to complement that learning
                                                            02 (Core)
                                                                                                            with an academic grounding
                                                                                                            in banking principles.
                                                            Risk management in
                                                            financial institutions                          I now feel more confident
                                                            (NFQ level 9, 10 ECTS)                          that I can take on new
                                                            This module presents risk management            opportunities as they
                                                            best practice principles and their
                                                            application in financial services. It is both
                                                                                                            come up.”
                                                            quantitative and qualitative in nature
                                                            reflecting the breadth of the topic. The
                                                                                                            Paul Monahan
                                                            module introduces a number of topics
                                                                                                            Permanent TSB
                                                            and methodologies and will also require
                                                            input from your professional experience
                                                            to develop a practical understanding
                                                            of risk management in operation. The
                                                            module addresses the different types of
                                                            risk including market, interest rate, credit,
                                                            conduct and operational risk.

02   The Institute of Banking |Professional Diploma in Banking 2017/2018
Optional modules, choose                                    01 (Option)                                   03 (Option)
one of three:
                                                            Corporate finance                             Strategy and innovation for
Options:                                                    (NFQ level 9, 10 ECTS)                        retail financial services
                                                            This module addresses the essential           (NFQ level 9, 10 ECTS)
                                                            aspects of corporate finance, including       Globally, advances in information
01	Corporate Finance                                      agency theory, project investment             technology have disrupted banks’
02	Asset Management                                       appraisal, the financing and maturity         traditional business models and forced
03	Strategy and Innovation for                            mix, working capital management policy,       a re-evaluation of strategy. This new
                                                            mergers and acquisitions, and dividend        digital era has fundamentally changed
     Retail Financial Services                              policy. It will give you the knowledge and    the role of branch networks with the
                                                            skills essential in corporate banking and     emergence of omni-channel distribution
                                                            develop your professional judgement in        via the internet and mobile devices.
                                                            considering financing proposals from          This module considers the strategic
                                                            corporate customers.                          choices available to management and
                                                                                                          investigates the new and emerging
                                                                                                          business models. It explores advances in
                                                                                                          data analytics to understand consumer
                                                                                                          behaviours and the development of
                                                                                                          a compelling customer experience in
                                                                                                          the digital world. Understanding the
                                                                                                          impact of innovation is a critical factor in
                                                                                                          creating a strategic framework for new
                                                                                                          solutions and opportunities to support
                                                                                                          competitive advantage.
                                                            02 (Option)

                                                            Asset management
                                                            (NFQ level 9, 10 ECTS)
                                                            An understanding of robust financial
                                                            planning and wealth management is
                                                            an important pre-requisite for meeting
                                                            customers’ financial and lifestyle
                                                            objectives. This module covers core
                                                            concepts in modern portfolio theory and
                                                            marries them with the practical application
                                                            of tools and techniques to construct and
                                                            manage client portfolios. It assimilates
                                                            a range of theoretical and empirical
                                                            evidence to provide the best solutions
                                                            when advising customers on investment
                                                            and wealth management.

The Institute of Banking |Professional Diploma in Banking 2017/2018                                                                                      03
Further
Information

Award                                                   Professional body membership                     Assessment
The Professional Diploma in Banking                     You must be a current member of The              Assessment is a combination of continuous
is awarded on successful completion of                  Institute of Banking, or become a member, to     assessment and written exams. The pass
the three modules of this programme. The                register for this programme. Membership is       mark is 40% in all modules in line with UCD
programme is accredited and awarded by                  currently c40 per calendar year.                 academic policy.
UCD (at postgraduate level 9).

                                                        Delivery                                         Continuing professional
Professional designation                                Postgraduate courses are lecture-based and       development (CPD)
This programme satisfies the educational                are delivered on a part-time basis. Students     Those awarded the Chartered Banker
requirement for the prestigious and                     can register for a maximum of two modules        designation on foot of having satisfied
internationally recognised Chartered Banker             per semester. Each 10 ECTS module                both the educational and work experience
designation.                                            comprises of up to 30 lecture hours per          requirements will be required to complete
                                                        semester.                                        6 CPD hours annually to maintain
Chartered Banker is the gold standard                                                                    the designation.
for professionals working in the financial
services sector. Chartered Bankers are highly           Duration                                         We provide all of the required CPD content
qualified professionals, well equipped for a                                                             with a combination of online courses and
                                                        A minimum of 12 months part-time, with the
management career or leadership role.                                                                    face-to-face events.
                                                        precise duration determined by the choice of
                                                        optional module selected. The schedule of
Students who successfully complete the
                                                        module offerings is:
Professional Diploma in Banking are eligible
to apply for the professional designation
                                                                                                         Fees
Chartered Banker, subject to having three                                                                The programme fee is c3,500. This is broken
                                                         Year 1
years’ experience in banking or financial                                                                down as follows:
services.                                                 Semester 1
                                                                                                         Core modules: c1,100 per module
                                                          Ethics and Corporate Governance (core)
                                                          Risk Management in Financial Institutions      Optional modules:
Entry requirements
                                                          (core)                                         Corporate Finance c1,300
- Individuals (non-degree holders) admitted                                                             Asset Management c1,100
   to this programme will have at least 6                 Semester 2                                     Strategy and Innovation for Retail Financial
   years’ minimum experience in a banking or              Corporate Finance (optional)                   Services c1,300
   financial services firm and have completed
   the Professional Diploma in Financial                  Asset Management (optional)                    Fees will be reviewed annually.
   Services (Level 8, 30 ECTS) or equivalent
   programmes comprising 30 ECTS at level                                                                Tax relief may be available to candidates
   8, and a 30 ECTS Special Purpose Award/s              Year 2
                                                                                                         who are paying fees in a personal capacity.
   at level 7, or                                         Semester 1                                     Further information is available from
- Admission will also be granted to individuals                                                         www.revenue.ie.
                                                          Strategy and Innovation for Retail Financial
   with an Honours undergraduate business                 Services (optional)
   degree (or a degree in a relevant cognate                                                             The associated annual CPD fee for the
   discipline) with a minimum honours 2.2                                                                Chartered Banker designation is c255.
   and have 3 years’ minimum experience in a
   banking or financial services firm, or
- Admission will also be granted to individuals
   who may not meet the education entry
   requirements but who have significant
   experience in a management or senior
   management role.

04 The Institute of Banking |Professional Diploma in Banking 2017/2018
Application Process                                             I gladly undertook the
Early applications are encouraged. An                           Professional Diploma
application form may be downloaded from
The Institute of Banking website (www.iob.ie/             as a means to develop my
ProfDipBanking).                                          banking knowledge and
The closing date for applications is Friday, 1            reacquaint myself with
September 2017.                                           education programmes.
Applications received after this date will be
considered on a first-come, first-served basis,           The modules of Risk
if places are available.                                  Management, Corporate
                                                          Governance and Corporate
Programme Registration                                    Finance were very relevant to
For successful applicants, please note that
the deadline for completing registration
                                                          my current role.
and payment of fees is 13 September. Late
registration may result in delayed access to
programme materials.
                                                          Of particular interest within
                                                          the Corporate Governance
Programme commencement                                    module, were the examples
Students can join the programme in either
September or February each year, depending                given of corporate governance
on their choice of optional module.                       failures.
                                                          I would recommend this
Interested? Next steps.
For further information on this programme
                                                          programme to anyone
visit www.iob.ie/postgrad or you can contact:             interested in furthering
Dr. Gerry Grenham
                                                          their knowledge of banking
Head of Postgraduate Programmes                           and to those looking to
The Institute of Banking
                                                          build a network of like-
E: gerry.grenham@iob.ie                                   minded professionals. The
T: +353 (1) 611 6526
                                                          network creation aspect of
                                                          the programme has been
                                                          invaluable.”

                                                          Damian Walsh
                                                          Permanent TSB

The Institute of Banking |Professional Diploma in Banking 2017/2018                       05
The Institute of Banking
IFSC, 1 North Wall Quay
Dublin 1
D01 T8Y1
Ireland

P:   +353 (0)1 611 6500
F:   +353 (0)1 611 6565
E:   info@iob.ie
W:   www.iob.ie
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