Higher Diploma in Financial Services Technologies (September 2016)

Letterkenny Institute of Technology (LY_BAFST_G)
Key Programme Details
Award

Major

NFQ Level

Level 8 About NFQ

Delivery Method

Classroom - Daytime

Mode

Part Time

Available

ECTS Credits

75

General Information
Contact

Patricia Doherty

Email

Patricia.Doherty@lyit.ue

Phone

+353 (0)74 918 6202

Address

Letterkenny Institute of Technology
Port Road
Letterkenny
County Donegal
F92 FC93

Important Dates
Application Deadline

23/09/2016

Start Date

19/09/2016

About this Course

As we have vacant places on this course the application deadline has been extended. If you are interested please apply asap.

The Higher Diploma in Financial Services Technologies is a conversion course into the IT industry. It is a one-year conversion in technologies which are central to the financial services sector. The programme aims to meet the needs of financial software companies and was developed in collaboration with a number of key employers from the financial services industry. While originally developed to meet the needs of financial services companies more recent graduates have found work in a variety of sectors.

The Higher Diploma develops a very employable skill set in mainframe business systems and quality testing for the financial services sector with a strong emphasis in systems development using the business language COBOL. The programme also adds a complementary skill-set in client server business systems development, including database-driven and mobile platforms.

A key feature has been the unprecedented 100% employment record of graduates. The end of programme work placement makes a large contribution to this statistic.

Key Features:
Level 8 Programme (60 ECTS)
Blended and flexible mode of delivery
Full access to IBM Mainframe services
Full Use of IBM Mainframe computer
Strongly aligned with industry jobs
Personal and supportive approach to teaching and learning
Skill base is transferable throughout the wider financial technology and general financial services areas
Includes the following modules:
o Work Placement
o Mainframe Development Technologies (COBOL, CICS, JCL,ISPF, TSO, SDSF)
o Teamwork
o Client Server Databases
o Insurance and Financial Planning
o Business Mobile Applications
o Quality Software-Testing (Test-automation) and Process Improvement
o Quality Development (SDLC)
100% graduate employment record
LYIT best performing 3rd level institution overall in UK & Ireland region of the IBM Master the Mainframe competition 2015/2016

Entry Requirements

The minimum requirement for entry to the Higher Diploma in Financial Services Technologies is a level 8
degree in any discipline. RPL will be considered in accordance with the quality assurance procedures
of LYIT therefore non-degree holders with relevant experience and level 7/level 6 qualifications may also be eligible.

Applicants who meet the minimum entry criteria for entry to this programme will be called for interview. The successful candidates will be selected based on the following four criteria:

Educational Qualifications (30% of marks)
The applicant will be awarded marks according to the grade obtained in their primary degree or
other higher qualifications.

Communication and Interpersonal Skills (30% of marks)
The applicant will be awarded marks based on their communication skills (verbal and non-verbal)
and their interactive skills during the interview.

Experience (20% of marks)
The applicant will be awarded marks based on work experience and life experience (e.g. team
participation). The marks will be allocated based on the relevance of the experience, the level of
experience and the length of experience.

Problem Solving and Decision Making (20% of marks)
The applicant will be awarded marks for answering situational and projective questions based on
various scenarios which will be introduced during the interview.

Long Description

The Higher Diploma in Financial Services Technologies is a conversion course into the IT industry. It is a one-year conversion in technologies which are central to the financial services sector. The programme aims to meet the needs of financial software companies and was developed in collaboration with a number of key employers from the financial services industry. While originally developed to meet the needs of financial services companies more recent graduates have found work in a variety of sectors.

The Higher Diploma develops a very employable skill set in mainframe business systems and quality testing for the financial services sector with a strong emphasis in systems development using the business language COBOL. The programme also adds a complementary skill-set in client server business systems development, including database-driven and mobile platforms.

A key feature has been the unprecedented 100% employment record of graduates. The end of programme work placement makes a large contribution to this statistic.

Key Features:
Level 8 Programme (60 ECTS)
Blended and flexible mode of delivery
Full access to IBM Mainframe services
Full Use of IBM Mainframe computer
Strongly aligned with industry jobs
Personal and supportive approach to teaching and learning
Skill base is transferable throughout the wider financial technology and general financial services areas
Includes the following modules:
o Work Placement
o Mainframe Development Technologies (COBOL, CICS, JCL,ISPF, TSO, SDSF)
o Teamwork
o Client Server Databases
o Insurance and Financial Planning
o Business Mobile Applications
o Quality Software-Testing (Test-automation) and Process Improvement
o Quality Development (SDLC)
100% graduate employment record
LYIT best performing 3rd level institution overall in UK & Ireland region of the IBM Master the Mainframe competition 2015/2016

Career Opportunities

This programme has been designed to ensure that graduates will develop a skill set which is transferable to the financial services and broader computing sector. Furthermore we have embedded a wide range of “soft skills” within the course which are reinforced with a strong emphasis on teamwork.

I graduated in May 2008 and walked straight into the job. The material we covered on the course, including the presentation skills training was very relevant from day one in the job Shane McMenamin.

I found the Higher Diploma in Financial Services Technologies course to be comprehensive and interesting. The course enabled me to get a job as a systems tester in Pramerica Systems in Letterkenny. I have found the course as a whole very rewarding and the lecturers involved to be helpful and flexible. I would have no hesitation in recommending the course to anyone who is interested in getting a job in Pramerica or AllState or any financial services company Richard Hastings.

The programme is strongly aligned with industry job requirements regionally, nationally and internationally. According to General Motors this course is currently providing tailored course solutions in mainframe that are not readily available in any other 3rd level institution.

I would highly recommend the Higher Diploma in Financial Services Technologies course. I
came from a non-computing background with no prior knowledge in this area but the course structure and
lecturers involved allowed for this. The course was well structured and the lecturers extremely helpful.
The Higher Diploma in Financial Services Technologies course provides excellent career opportunities and
has helped me secure a permanent position as an Application Programmer at General Motors in
Limerick Lisa Hogan, 2016.

LYIT will offer a 10 credit module in employability skills and a 5 credit module in communications / transversal skills. The employability skills module will equip the learner with the skills necessary to develop a job search plan, overcome obstacles and setbacks encountered, interview in a competent and confident manner and transition into the workplace seamlessly by understanding and practicing professional standards.
The communication / transversal module will address specific skill areas such as: critical and analytical thinking through an onus placed on research, analysis, discussion and reflection. In addition it compounds the benefits of learning and creativity through group work and peer support groups

Delivery Location

Letterkenny

Delivery Notes

On Campus

Admissions Contact Details
Instructor

Kathleen Mulvin Brady

Address

Registry, Letterkenny Institute of Technology - Port Road - Letterkenny - County Donegal - Ireland

Phone

074 918 6177

Email

Kathleen.Mulvin-Brady@lyit.ie

RPL Information

Recognition of Prior Experiential Learning involves the awarding of credit for learning from experience. LYIT has acquired significant experience in this area with over 300 RPL applications processed in 2012-13. Prior learning can be Certified or Experiential.Prior Certified Learning is where an applicant has already been awarded a qualification for a formal programme taken at an institution or training organisation. This prior learning can be recognised on the National Framework of Qualifications and may entitle the applicant to: Admission to a programme or course of study. The award of advanced academic standing. The award of exemptions from some parts of a programme. In this case, the candidate must demonstrate that the learning experience has occurred by producing a Portfolio of Evidence to support the claim for access, exemption or credit.Over 60 staff members at LYIT have completed a RPL training workshop. In recent years LYIT have actively