Certificate in Fund Accounting (March 2017)

Dublin Business School (BCE07CFA_1P03)
Key Programme Details
Award

QQI Level 7 Special Purpose Award

NFQ Level

Level 7 About NFQ

Delivery Method

Classroom - Evening

Mode

Part Time

Available

ECTS Credits

30

General Information
Contact

Admissions office

Email

springboard@dbs.ie

Phone

01 4177500

Address

Admissions Office,
Dublin Business School,
13/14 Aungier Street,
Dublin 2.

Important Dates
Application Deadline

31/03/2017

Start Date

20/03/2017

About this Course

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 2016, efforts will continue to attain the Strategy's target of 10,000 net new jobs by 2020 in the International and Financial Service Sectors.

As Ireland continues to be viewed as an attractive investment proposition, there is a significant need to ensure a supply of Financial Services based talent to meet the skills needs across all sectors. The Irish Funds Industry Association estimates current employment in fund administration and servicing at 12,500 with the skills demand for accounting with funds experience continuing to grow. Ireland has a thriving and growing IFS sector and it is imperative that the workforce has the necessary skills.

The proposed Certificate in Fund Accounting aims to meet the identified skills demand for individuals with funds experience.It is an introductory programme into the field

Programme Content:
- Accounting
- Financial Services Environment
- Institutional Regulations, Governance & Ethics

The Accounting module embedded on the proposed course aims to equip learners with the ability to prepare and understand basic financial statements for business entities, as well as developing a fundamental knowledge of the underlying principles and concepts relating to financial accounting. In addition, 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. There will be a particular focus on fund accounting, international markets, banking and investments as these make up a significant portion of the overall industry. Finally, the Institutional Regulation, Governance and Ethics introduces 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. It also provides for an examination of corporate governance and ethics in the context of financial services.

Typically students will attend classes on two evenings per week.

Upon completion of the programme, graduates would typically take up roles as:
- Fund Administrators
- Custody/Trustee administrator
- Hedgefund Administrators
- Compliance administrators
- Fund Accounting Supervisor/Manager
- Fund Operations Officers/ Administrator

Objectives

The programme provides participants with an understanding of fundamental accounting concepts through the Accounting module; it develops specific and technical knowledge in relation to the Fund Accounting and Lending industry. Participants will also gain a thorough understanding of Financial Institutions and the Regulatory Environment, which is particularly important given the numerous developments in regulation at both an EU and National level. Upon successful completion of these skills, participants will have acquired the technical skills and knowledge to pursue employment roles in areas such as fund administrators and Custody/Trustee administrators.

Specific skills areas that the proposed course is preparing for:

- Ability to prepare and understand basic financial statements for business entities
- A fundamental knowledge of the underlying principles and concepts relating to financial accounting
- Understanding of the operation of the funds industry, fund valuation and periodic financial reporting requirements.
- Ability to evaluate the operation, benefits and limitations of financial products
- Prepare and present financial statements in a form appropriate for the funds industry including calculation of net asset values (NAV)
- Knowledge of fundamental lending principles and their application in commercial banking
- Understanding of the concepts and rules relevant to the individual areas of financial services, such as banking, credit, insurance and investments.
- Ability to evaluate the importance of corporate governance and ethics and their role in ensuring compliance in financial services.
- Ability to apply legal rules and principles relating to factual situations involving financial services and recommend appropriate actions

Entry Requirements

Holders of a Level 6 NFQ award or equivalent or Applications without this will be considered on the basis of approved prior experience and learning (APEL).

Career Opportunities

DBS fully recognises the importance of job readiness to the Springboard participant and has put in place since 2013 an integrated and comprehensive Personal and Professional Development Service titled "Jump Start Your Career". This intensive programme covers every aspect of the job hunting process and has greatly assisted Springboard participants with their job search activities and preparation for employment. All initiatives under the programme focus on facilitating the transition from higher education to employment.

A suite of careers motivation, self-confidence and job ready workshops will be delivered and timetabled for programme participants. Additional sessions will be scheduled to include:
- CV Preparation, Interview Skills & Techniques & Job searching tools
- One-to-One sessions
- Individual coaching & feedback, Review of experience and progress & Candidate/Employment matching process

Out of hours one-to-one consultations, with evening appointments, will also be offered to programme participants who are unable to attend during the day.

DBS will offer strong assessment processes and feedback tools to assist in one-to-one sessions in training on behavioural competencies style, career match aptitudes that will enhance significantly the career guidance, personal development, employer engagement and interview skills in order to maximise the work placement and employment opportunities. Significant emphasis will be placed on building communication and interpersonal confidence and skills to demonstrate own value to employer. Each participant will have access to a careers coach/mentor to support the candidate/placement matching and placement process with potential employers.
DBS also provides extensive networking opportunities for Springboard students and also liaises with external partners to enhance career progression for its learners. DBS also has extensive engagement with industry and in addition to companies who have pledged interests of placements, it has over 1,150 employers on its database and active engagement with 2,727 DBS Alumni all of whom are being contacted to offer work experience opportunities to Springboard Students.

Timetable Info

Typically students will attend classes on two evenings per week. Course timetables will be available in due course.

Delivery Location

Dublin Business School
13/14 Aungier Street
Dublin 2

Delivery Notes

On campus

Admissions Contact Details
Instructor

Admissions Office

Address

Admissions Office,
Dublin Business School,
13/14 Aungier Street,
Dublin 2.

Phone

01 4177500

Email

springboard@dbs.ie

RPL Information

Recognition of Prior Learning (RPL).Learners may also access this programme on the basis of recognition of prior learning or by assessment of prior experiential learning/informal learning. Such applicants are considered on a case-by-case basis. The process is implemented within the relevant school, by the relevant Head of School/Department or nominee, and is overseen by the Registrar. For this particular programme applicants will be considered on a case by case basis based upon their educational record, work experience and a capacity to successfully participate in the programme.

Application Procedures

Apply online via the Springboard portal www.springboardcourses.ie