Higher Diploma in Science in Aviation Finance | Full-Time

  • Overview
  • Course Content
  • Structure
  • Career Opportunities
  • Eligibility
  • Next Steps
Aviation Finance

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Overview

The HCI Pillar 1 September 2020 brochure is available HERE for download.

Dublin Business School (DBS) in conjunction with Springboard+, have developed an intensive one-year Full-Time NFQ Level 8 award for a Higher Diploma in Science in Aviation Finance.

Demand for new aircraft continues to rise, with 17,000 aircraft estimated to be ordered globally over the next decade. This demand is being driven by passenger numbers that are predicted to double by 2030 to 73 million.  An increasing critical factor in growth of the aviation industry are the aircraft lessors who now owe over 40% of the world’s fleet (versus 25% in 2000).  Of the world’s top aircraft lessors, a remarkable 14 are based in Ireland.  It is estimated that an Irish leased aircraft takes off every two seconds somewhere in the world.

Whilst this dominant market share is underpinned by the business and tax environments, it is also highly dependent on talent.  As an industry focused educational institution, DBS sees itself as supporting the talent pillar of the Irish economy, and therefore Aviation Finance is a natural domain for the institution to explore the development of a new programme.

The Skills Strategy 2025 emphasises the ‘increasingly interdisciplinary nature of the world of work […] which overlaps in the skills required across different sectors and occupations’. Moreover, the Skills Strategy 2025 looks to transversal skills, basic, generic, core or practical skills as being the cornerstone for an individual’s personal development and the building blocks for the development of the hard, vocational or technical skills.

The Higher Diploma in Science in Aviation Finance, is underpinned by a strong foundation in leadership and emphasises the development of effective financial management skills to structure aviation leases, structured finance deals using Special Purpose Vehicles, managing aviation leases throughout the lease lifecycle, and being well positioned to contribute to the digital transformation of aviation leasing. The long-term career prospectus for those undertaking postgraduate studies in business, commerce or economics remain excellent with increasing numbers of undergraduates going onto further postgraduate studies.



Programme Aims and Objectives

The Higher Diploma in Science in Aviation Finance aims to provide learners with the relevant knowledge, skills and competence to engage in professional work in the aircraft leasing and securitisation industry.  It will also provide learners with the knowledge, skills and competence to operate in many areas of the finance or aviation industries.

This programme covers a wide range of Aviation Finance topics, whilst providing a focus on application and the regulation required in this area.  The programme focuses on practical, applied skills in core areas such as data and financial analytics, aviation finance, regulations, operations, Aviation Leasing - Tax and Insurance. Its aim is to create a competence of core financial technologies and financial operations while also enhancing the practical technical skills of the learners.

Aviation Finance can incorporate many different areas and is an evolving area.  Through the work of the Programme Team and in conjunction with the industry experts, Aviation Finance has been defined as a combination of financial systems, data management and technology including areas such as Project Management, Risk Management, Cyber Security, Law and Regulation, Information Technology, Aircraft Economics and Life Cycle Management and Aviation finance. The programme aims and learning outcomes have been designed to reflect these specific areas.

The programme incorporates a strong focus on so-called practical skills within modules to enhance learners’ employability, and to equip them to integrate seamlessly into an organisation by developing skills such as leadership, self‐management and teamwork that are essential in the Aviation Finance sector, which is a rapidly changing industry which requires motivated and flexible employees.  The Applied Project module requires students to identify a problem or issue in the Aviation Finance domain and to apply problem-solving skills to research and analyse the issue and develop real-world solutions, and to critically reflect on this research process.

Guest Lectures from industry and the Aviation Finance sector will be invited to participate in each module.  Approximately 2 to 3 hours will be devoted to domain experts in each module, where appropriate industry visits will be organised.

Additionally, students will be invited to DBS Finance Society and its FinTech Society.  Students will also be invited to attend the DBS ‘Fintech Breakfast Briefings’, which occur regularly on campus, and various other FinTech meetups hosted in DBS e.g. FinTech Ireland Bridge with FinTech Atlanta.

 

 The Specific Programme Aims are to:
  • Provide learners with a holistic overview of the frameworks governing aircraft leasing.

  • Provide learners with an understanding of the aviation leasing taxation legislation and networks.

  • Enable learners to source and analyse the financial and non-financial information relating to an airline performance.

  • Develop learners’ capacity to utilise the core valuation techniques used to evaluate and value aircraft leasing investments.

  • Enable learners to analyse the macro and more specific variables determining the supply/demand of the aviation industry.

  • Allow learners to apply critical management strategies through the various phase of an aircraft’s life cycle.

  • Enable learners to evaluate the sources of capital and the financing structures employed in aircraft leasing.

  • Allow learners to identify, assess and manage credit, and other systematic, risk factors in aviation finance.

  • Provide learners with an understanding of the evolving digitisation, and analytic value, of an aircraft’s lifecycle data.

  • Enable the learners to identify, develop and apply detailed analytical, creative, problem solving and research skills.

  • Provide the learner with a comprehensive platform for career development, innovation and further study.

Upon completion of the programme, learners will be able to:
  • Demonstrate a practical understanding of the legal frameworks governing aviation leasing.

  • Appraise the key features of the taxation systems governing the operation of aviation leasing and aviation finance.

  • Analyse financial and non-financial information to assess the performance of commercial airlines.

  • Utilise various valuation techniques appraise value creating aircraft leasing investment decisions.

  • Evaluate the macroeconomic and other factors driving supply/demand in the aviation industry.

  • Apply aircraft lifecycle management strategies throughout the various phases of an aviation lease.

  • Assess the sources of capital, standard approaches to aviation leasing, and the term structure of aviation financing.

  • Analyse credit risk, and the management of and other systematic risk factors in the aviation industry.

  • Evaluate the evolving digitisation of aircraft record management the impact of predictive analytics and blockchain technologies on the contemporary and future aviation industry.

  • Display a range of personal and interpersonal skills, including the capacity for continuous learning, initiative taking, performing to deadlines, working in a team, communicating effectively


Entry Requirements

To be considered for admission to this programme, applicants must hold a minimum full level 7 Bachelor’s Degree in a cognate discipline such as business, finance, engineering, technology or Science, with a minimum pass classification., or a full level 8 Honours Bachelor’s Degree in a non-cognate discipline. 

Candidates will be required to have at minimum of Ordinary-Level Leaving Certificate mathematics, or be able to demonstrate competency at an equivalent level.


Recognition of Prior Learning

Applicants who do not have a Level 8 qualification at a pass award level and who have at least 3 years’ relevant work experience may also be considered through the College’s normal RPL procedures.  Relevant professional experience may be taken into account and individuals will be assessed on a case-by-case basis through DBS RPL procedures.

For applicants whose first language is not English and who have not previously undertaken a degree taught through English, evidence must be provided of proficiency in English language equivalent to B2+ or above on the Common European Framework of Reference for Languages (CEFRL). This must be evidenced through a recognised English Language test such as IELTS, Cambridge Certificate, PTE or DBS English Assessment. Test certificates should be dated within the last two years to be considered valid.

*This programme is subject to validation




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Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 

  

 



Course Content

The modules on The Higher Diploma in Science in Aviation Finance include:

  • Aircraft Leasing Legal Frameworks

  • Aircraft Leasing Taxation

  • Aviation Finance and Financial Statement Analysis

  • Aircraft Economics and Life Cycle Management

  • Aviation Financial Management

  • Digitisation and Innovation in the Aviation Industry

Assessment Methods

DBS’s Strategy for Learning, Teaching and Assessment Enhancement (DBS 2019) is a planned, actionable commitment to achieve a learning-centred, integrated, flexible learning environment. This commitment is reflected in this programme in the engagement with learner, industry and educator expertise in the construction of the programme and in its thoughtful balance of the different modes of delivery to offer a variety of teaching strategies delivered consistently across the programme. 

The experiential and practical nature of the programme is reflected in the most common learning approach in the programme being lab-based lecturers and tutorials, together with classroom-based lecturers and tutorials.  Workshops feature throughout the programme to tackle technical and practical topics, which emphasises the experiential and practical nature of the programme.   As do the use of case studies and model examples from industry.  Peer review is also visible throughout the programme, for example, the use of the pairing approach for code review and the peer review of academic articles.  Directed e-learning, where the lecturer has scaffolded learner interaction with online reusable learning objects, features in each of the modules.  Progressive practical skills-based exercises are also utilised consistently as formative assessment in a number of modules, together with online quizzes.  Many of these formative exercises are small, with ongoing submission, thereby progressively building the learner skills base.

Learning, teaching and assessment for the programme is utilises a problem-based learning approach to encourage learners to develop problem-solving skills relating to real-world scenarios.  Modules will be delivered through a mix of lectures, workshops, tutorials, and teaching will focus on the learner undertaking critical reflection and critique of industry case studies.






Springboard Logo

Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 


Structure

This is a one year full-time programme with six taught modules each of 10 ECTS which combined, leading to a Higher Diploma in Science in Aviation Finance (Level 8, 60 ECTS).  Typically, students will attend classes from Monday to Friday. Calendars for this programme will be available in due course.

Six Key Components

  • Classroom lectures

  • Case Based learning

  • Practical Skills Sessions

  • Workshops

  • Tutorials

  • Individual and Group work






Springboard Logo

Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 



Career Opportunities

The Higher Diploma in Science in Aviation Finance programme differentiates from existing offerings in its focus upon the digitisation of the industry and the evolution of technological innovation, and in delivery upon the programmes learning outcomes - developing the skills/attributes required to meet industry demand - the programme intends to provide a clear pathway for its graduates’ employment/career opportunities.  Aviation Finance can incorporate many different areas and is an evolving area.  Aviation Finance has been defined as a combination of financial systems, data management and technology including areas such as Project Management, Risk Management, Cyber Security, Law and Regulation, Information Technology, Data Analytics for Aviation Finance and Financial Services.

The programme will produce graduates who can implement aircraft finance strategies, understand the financing required for these strategies, manage associate risk, work with various legal environments, appreciate the implications of differing taxation systems, as well as producing graduates who understand and can lead the upcoming digital transformation of the industry.






Springboard Logo

Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 

 



Eligibility

People in the following categories are eligible to apply for courses on the HCI Pillar 1 2020/2021 academic year (subject to the applicant meeting all residency and nationality/visa requirements and any academic requirements):

Recent Graduates

(Level 8 qualification holders 2020 Graduates) Please note that under the HCI Pillar 1 2020/2021 Initiative, 90% of the fees are funded by HEA and 10% of the fees are payable to the college for this category of applicants.

The fees for the Full-time Higher Diploma in Science in Aviation Finance is €7,250, of which you pay 10% = €725

Note: These fees must be paid prior to enrolling on your HCI programme.

People in Employment

Please note that under the HCI Pillar 1 2020/2021 Initiative, 90% of the fees are funded by HEA and 10% of the fees are payable to the college for this category of applicants. They may apply to all courses if they meet the nationality/visa requirement and residency criteria. Either the applicant or their employer can pay these fees. Should you require a company sponsorship form for invoicing, please let us know. The fees for the Full-time Higher Diploma in Science in Aviation Finance is €7,250, of which you pay 10% = €725 Note: These fees must be paid prior to enrolling on your HCI programme. This category of applicant will also be required to provide a copy of a relevant revenue documentation or a letter from their current employer to confirm employment or self-employment.


The Unemployed

To be eligible for a HCI Pillar 1 course, a person must be in receipt of an eligible DEASP payment or be signing for social insurance contribution credits, have a previous history of employment or self-employment and be actively seeking work.

Note: Applicants must be in receipt of any of the following social welfare payment for 9 of the previous 12 months and hold at least a Level 8 qualification.

  • Jobseekers Benefit 

  • Jobseekers Allowance 

  • One Parent Family 

  • Disability Allowance 

  • Qualified Adults of Working Age 

  • Carers Allowance 

  • Farm Assist/Fish Assist 

  • Widow's, Widower's or Surviving Civil Partner's Contributory or Non-contributory Pension 

  • Blind Pension  

  • Deserted Wives Allowance 

Courses are fully funded for these applicants. They may apply to all courses if they meet the nationality/visa requirement, the residency criteria and the course specific criteria.

Previously Self-Employed

People with at least a level 7 qualification who may require new qualifications to return to self-employment or to enter employment. The course is fully funded by HEA for those in receipt of DEASP payment. For those who were previously self-employed and not in receipt of a DEASP payment 90% of the fees are funded by HEA and 10% of the fees are payable to the college.

Returners

Returners are those who are not in receipt of a payment from the Department of Social Protection but who have been out of the work environment due to childcare or other caring obligations. Courses are fully funded for these applicants. They may apply to all courses if they meet the nationality/visa requirement and residency criteria.

 

To be eligible the applicant must have been;

Ordinarily resident in an EU/EEA/Swiss state for at least three of the five years preceding their entry to the programme. In addition, the applicant will need to provide supporting documentation to confirm their status as a Homemaker.

Applications must swear a declaration before a Commissioner for Oaths attesting to their status. A form to complete this process is available here.

Note: It should be noted that acceptance on to a Springboard+ course does not confer any entitlement to DEASP payments or childcare supports.

Returners, employed and new graduate participants will be required to meet the residency requirements for HCI Pillar 1; that they must have been ordinarily resident in an EU/EEA/Swiss state for at least three of the five years preceding their entry to their course.

No participant on an HCI Pillar 1 course in 2020 will be eligible for support under the Department of Education and Skills Higher Education Grants Scheme.

Documents Required

All applicants are required to provide the following documentation;

  • Academic Transcripts (this is the yearly breakdown of the modules studied and results received) and we require the transcripts for each year of study completed from any previous studies/courses attended. If these transcripts are in a language other than English, than please be aware we require official translated copies as well as the originals.

  • Recently updated CV including your education and experience to date

  • If applying through APEL, we require a personal statement outlining your reasons for applying for the course and why would you be a suitable candidate. Please be aware that your personal statement should be sent as a word document and the average length should be between 500 - 700 words.

  • Copy of your passport or driver’s licence.

  • For applicants whose first language is not English and who have not previously undertaken a degree taught through English, evidence must be provided of proficiency in English language equivalent to B2+ or above on the Common European Framework of Reference for Languages (CEFRL). This must be evidenced through a recognised English Language test such as IELTS, Cambridge Certificate, PTE or DBS English Assessment. Test certificates should be dated within the last two years to be considered valid • For Non-EU applicants currently residing in Ireland - a Copy of your Garda National Immigration Bureau (GNIB) Card or proof of residency is required, to demonstrate that you have been residing in the EU for 3 of the last 5 years.

 

Note: The period of residency for holders of Stamp 4 or Stamp 4 EU FAM is calculated from the date of receipt of the Stamp 4. Any period of residency in the state before this date will not be taken into consideration.



For applicants who are in employment (including Self-Employment), we require the following documentation;

Copy of their Tax Credit and Universal Social Charge Certificate 2020, or a letter from their current employer/accountant to confirm employment/self-employment.

Please note that under the Springboard+ HCI 2020/21 initiative, 90% of the fees are funded by HEA and 10% of the fees are payable to the college for this category of applicants. Either the applicant or their employer can pay these fees, should the employer sponsor the applicant. Should you require a company sponsorship form for invoicing please let us know.



For applicants who are unemployed and in receipt of Social Welfare payment, we require the following documentation;

A recent payment slip, a copy of an application for PTEO/BTEA or a letter from DSP confirming your social protection status (signing for credits, any other form of social welfare etc.) would be suitable.



For applicants who are homemakers, we require the following documentation; 

Letter/statement signed by a Commissioner for Oaths confirming their status. Please see Springboard+ form on the Springboard+ website

Please note that there are limited places available on all programmes. Those applicants who provide all the relevant supporting documents will be allocated places on their chosen programme on a first come-first served basis, subject to fulfilling the eligibility criteria.

Should we not receive all of the above information, your application will not be progressed and you could potentially miss out an offer of a place.

In the meantime, should you require any further information please do not hesitate to contact the DBS Admissions Office on 01 4177500 or by email on Springboard@dbs.ie

Note: All applications must be submitted online via the Springboard+ website.
Please visit the Springboard+ website for further information on participant eligibility and funding eligibility requirements.

 

 

 


Springboard Logo

Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 

 

Next Steps


Application Procedure

Please apply online via the Springboard portal HERE.



Corporate Services

Did you know?  DBS now can meet with you and your company to discuss the Springboard+ Government funded programmes, to see if it could work as a learning & development solution for your organisation.  This is ideal for any size organisation in any industry based in Dublin and the surrounding counties that may want to invest in employees' professional development.

For more information on this new service or to arrange a meeting, please contact our Corporate Services Team on admissions@dbs.ie or by telephone 01 417 7500.






Springboard Logo

Springboard+ is co-funded by the Government of Ireland and the European Social Fund as part of the ESF programme for Employability, Inclusion and Learning 2014-2020. Human Capital Initiative Pillar 1 is funded by the National Training Fund.

SB Partner Band

 

 
Categories:
  • 8
  • Full-Time
  • Accounting & Finance
  • FREE* HCI Pillar 1 Programmes

Course overview

COURSE OVERVIEW 2020 

Awarding Body:
Quality & Qualifications Ireland (QQI)
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Duration: 1 Academic Year
Study Mode: Full-Time
Course Commencement Date: September 2020
Award Level: Level 8
Award Title: Higher Diploma in Aviation Finance
ECTS Credits: 60
10% Contribution Fee (if applicable): €725

Contact

We are now accepting applications for programmes taking place in 2020. Contact our admissions team for more information

Email: admissions@dbs.ie
Phone: 01 417 7500
Opening times:
Monday to Friday: 8:45am to 5:15pm

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