|Awarding Body: |
|Quality & Qualifications Ireland (QQI) - formerly Higher Education & Training Awards Council (HETAC) |
|1 Academic Year (September – May), 2 evenings per week |
|Study Mode: |
|Course commencing: |
|September 2014 |
|Award Level: |
|Level 7 Special Purpose Award |
|ECTS Credits: |
According to the Action Plan for Jobs (2014), almost 7,600 gross new jobs have been created by IDA sponsored companies since the commencement of the Strategy for the International Financial Services Industry in Ireland 2011-2016. Throughout 2014, efforts will continue to attain the Strategy's target of 10,000 net jobs by 2016. In addition, as outlined in the National Skills Bulletin (2013), amongst the difficult to fill vacancies, the financial services sector was frequently mentioned. Cross disciplinary skills between ICT combined with financial applications also remains difficult to source.
The proposed Certificate in Financial Services for IT Professional aims to meet the identified skills demand for IT professionals with financial experience. These can be named Hybrid Technologists (i.e. Business with IT systems skills). The programme will enable participants to develop an understanding and gain an appreciation of the Business and Financial Services environment, in order to be able to more readily understand and develop IT solutions to work based problems. Upon successful completion of these skills, participants will have acquired technical skills and knowledge to pursue employment roles in areas such as Business Analysts, IT Project Managers and Hybrid Technologists.
Programme Aims and Objectives
According to the Expert Group on Future Skills Needs (December 2007), there are 148,000 people employed in financial occupations across the Irish economy. It is projected that by 2013, this employment figure will have risen to approximately 187,000 persons, with 45% of this total employed in clerical positions, 37% in professional/associate professional and the remainder in managerial occupations. According to the EGFSN ‘Future Skills and Research Needs of the International Financial Services Industry (2007)’, ICT skills shortages in the financial services still remain in demand in 2014.
This programme will enable participants to develop an understanding and gain an appreciation of the Business and Financial Services environment, in order to be able to more readily understand and develop IT solutions to work based problems. Participants will develop Business Finance skills while the Business Information Systems module will bridge the gap between IT and Business. The Financial Services Environment module is designed to provide a general overview of the Financial Services Sector, changes in recent years and the importance of the industry to the Irish economy. In addition, the Institutional Regulation, Governance and Ethics will introduce learners to the laws and regulation of the financial services industry in Ireland. It examines both the general legal and regulatory framework and also the rules relevant to individual areas of financial services. Finally, the Business Finance module will introduce learners to the areas of management accounting and financial management and aims to provide knowledge and application of basic principles, concepts and techniques in the context of business decision-making encountered by non-finance professionals.