Financial Services
5N1383 Financial Services.
In this classroom-based module, upon completion of the financial services award, learners will gain the knowledge, skills and competence in the principles, concepts and practices that underpin the financial services sector in Ireland.
| Award Name | Level 5 Component Award (Level 5 NFQ) |
|---|---|
| NFQ Classification | Minor |
| Awarding Body | QQI |
| NFQ Level | Level 5 NFQ |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Level 5 Component Award (Level 5 NFQ) | Minor | QQI | Level 5 NFQ |
Duration
Course Delivery Method: Self-Paced/Blended/Classroom.
All delivery methods include access to discussion board, online submission system and Further support is available - academic writing, study skills and Harvard referencing.
Entry Requirements
Is this course for you?
This course will be suitable for you, should you be new to your role or if you wish to gain this valuable qualification and find a job in this sector.
Access to the Programme
Mature Applicants with relevant life and work experience are welcomed. The Course Advisor is available to meet with prospective learners to discuss and advise on the course details, career and academic opportunities and assess your suitability for the course.
Entry Criteria
Entry criteria / prerequisites Level 4 Certificate / Leaving Certificate (or equivalent) or relevant life experience detailed in a current Curriculum Vitae. Please provide details and attach a copy of either a current CV or Certificate. Learners must be a resident of Ireland / based in Ireland.
English
As this NFQ level 5 qualification is delivered through English it is necessary learners will have sufficient written English skills to complete this course. Forus Training recommends a minimum English language competency of IELTS 5.5 (or equivalent) for successful completion of this programme. If you are not sure what level of English competency you have, please contact hello@forustraining.ie and a Course Advisor will arrange for you to take an assessment.
IT Skills and Equipment Required
Basic working knowledge of computers and access to a computer with internet access is required to do the course. A PC with Windows 8 or later or a Mac with OSX 10.5 or later.
An internet connection with a speed of at least 10mbps.
The latest version of Chrome, Firefox, Edge or Safari, set to accept cookies and pop-ups.
Adobe Flash and Adobe Reader, to view content.
Word processing software, such as MS Word or Google Docs.
Some courses include video, therefore your computer must be capable of playing video and sound.
* eLearning and tutor support may vary by course, please check each course page for details.
Reasonable Accommodation
To reinforce inclusion for all our learners we offer customised learning support for individual applicants who require accommodations. Additional Requirements Forus Training provide a range of supports for learners to ensure that our programmes and services are accessible to all.
On application for a course with Forus Training please discuss any additional requirements with the Course Advisor at hello@forustraining.ie so that the appropriate supports for teaching, learning and assessment can be considered. It is important that you discuss your needs with centre staff as early as possible.
Careers / Further progression
What are my progression routes?
This course leads to a level 5 award on the National Framework of Qualifications. Students who successfully complete this programme may use their credits towards completing a higher level of study in the area of Business.
Students who successfully complete this Major Award can also use the Certificate as the basis for entry into selected courses in Third Level Colleges and Universities.
Further information
For future start dates please contact the Provider.
€295.
How to apply?
Choose and purchase the programme online (see "Application Weblink" below) below.
Through this programme you will discover how to;
Examine the financial services industry in Ireland, including, the various types of financial services organisations, the range of financial products provided and the role of the industry in the economy
Examine the structure and operation of the Irish Banking system and the range of products and services provided
Examine the role and services provided by of other lending and savings institutions, to include, An Post, Credit Unions and Building Societies
Evaluate the regulatory environment in which the Financial Services Industry operations, including the role of the Irish Government, the Central bank and the Financial Services Regular
Examine the impact of and role of Europe on the Irish Financial Services Industry
Investigate the technological solutions that meet the needs of financial services providers to include market data, credit risks, share purchase, payment clearance, yields, and cash flows
Examine the concepts of Monetary Policy and the Money Supply, including objectives and techniques of Monetary policy and the relationship between inflation and money supply
Explore the role and functions of the Irish Stock Exchange to include, the conditions for stock exchange quotation, the methods for selling and buying different types of shares, share groupings and the role of brokers and dealers
Distinguish between different types of Share Speculation, to include, Stags, Bulls, Bears, Arbitrage, Options and Dealings
Distinguish between a managed fund and unit linked fund and between a Unit Trust and Investment Trust
Interpret a stock exchange quotation published in the media
Complete a range of financial services industry documentation, including commonly used banking service documents
Provide investment advice and propose solutions to a specific investment problem
Evaluate employment opportunities in the financial services sector and the personal, business and professional skills necessary to obtain these positions.
The course 5N1383 Financial Service is assessed in the following ways, with the following weighting;
Assignment 60%
Examination 40%
Assignment 60%;
An assignment is an exercise carried out in response to a brief with specific guidelines as to what should be included. An assignment is usually of short duration and may be carried out over a specified period of time
Examination 40%;
An examination provides a means of assessing a learner's ability to recall and apply knowledge, skills and understanding within a set period of time and under clearly specified conditions. A theory-based examination assesses the ability to recall, apply and understand specific theory and knowledge.
Grading
Pass 50% - 64%
Merit 65% - 70%
Distinction 80% - 100%
5N1383 - Financial Services
What qualification will I receive?
You will be awarded a certificate 5N1383 Financial Services. QQI is the awarding body. Forus Training is a provider of education and training programmes and we issue certificates to learners who have reached the standard for a QQI award. The certificate you will receive on successful completion is a formal confirmation by QQI that you have demonstrated the knowledge, skill and competence required to achieve the named award. This Programme is validated by QQI and is coded 5N1383 Financial Services . This certificate which will be issued to you by us is an award listed on the NFQ (National Framework of Qualifications). This ensures the certificate is nationally and internationally recognised and has many potential uses; for example, for further / higher education or employment in Ireland or abroad.
Forus Training,
Castle House,
Castle Street,
Mullingar,
Co. Westmeath
N91 Y896.
t: 044 9349400
e: hello@forustraining.ie