• » Higher Diploma in Arts in Governance and Compliance in Financial Services

     Programme Title  Higher Diploma in Arts in Governance and Compliance in Financial Services
     CAO Code  Add-on programme. Not available via CAO
     LYIT internal code  
     Duration  1 Year, Post Honours Degree
     Standard Code Places:  
     National Framework Level  8
     Award Type  Major
     Awarding Body  LYIT, under Delegated Authority from HETAC
    Why choose this Programme?
    The Diploma in Compliance, Financial Services and IT is a conversion course for graduates into the financial services industry. It is a one-year conversion in Legal, Governance, and IT Aspects of Compliance in Financial Services which is central to the financial services sector. It is a conversion course and no previous knowledge of financial services is required or assumed. The programme aims to meet the Legal, Governance, IT Aspects of Compliance needs of financial service companies and is being developed in collaboration with a number of key employers from the financial services industry. The Higher Diploma is designed to enhance skills, judgement and ability to deal with practical issues in the management and practice of compliance in the financial services industry. The programme introduces graduates to the Legal, Governance, and IT Aspects of Compliance and to their application to the financial services industry.
    The duration of the programme is one-year and involves learners undertaking taught modules and a work placement
    Key Features
    Level 8 Programme (60 ECTS)
    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
    Best practice speakers
    Work placement opportunities with Financial Service organisations
    Minimum Academic Entry Requirements
    The minimum entry requirements are a Level 8 Degree, or equivalent qualification in Legal or similar discipline.  Applications will also be accepted from candidates holding a qualification as a barrister or a solicitor in Ireland or the United Kingdom. Applicants relevant experience may also be eligible to apply on the grounds of Recognition of Prior Learning (RPL) if they have attained appropriate experience and attainment thresholds deemed equivalent to a Level 8 award.
    What will I study?
    Year/SemesterProposed ModulesMandatory/
    No of credits
     Semester 1  Financial Services  Mandatory  10
     Data Protection  Mandatory  5
     Information Systems Fundamentals  Mandatory  5
     Regulation, Governance and Ethics   Mandatory  5
     Semester 2  Legal & Regulatory Aspects of Compliance  Mandatory  10
     IT Governance (Compliance & Privacy)  Mandatory  10
     Information Systems Auditing and Risk Management  Mandatory  5
     Work Placement  Mandatory  5
    Learning Outcomes
    Having successfully completed the Higher Diploma in Arts in Governance and Compliance in Financial Services programme participants should be able to:
    • Discuss the impact of relevant regulation and the role of the various regulatory bodies on the operation of the compliance function
    • Explain the function of the Financial Services System and its participants
    • Evaluate security risks and controls related to information systems
    • Devise a regulatory relations policy in relation to inspections, themed visits and routine relations
    • Assess the level of corporate governance and IT governance in an organisation in accordance with the Combined Rules, IT governance standards and regulatory developments in this area
    • Operate effectively in a variety of team roles.
    • Demonstrate the ability for self-directed and independent learning from completion of various applied tasks.
    • Critically evaluate the importance of ethics and their role in the compliance function
    Career Opportunities
    Graduates from this programme will be equipped with a skill set that is hugely in demand both regionally, nationally and internationally.  Career paths include but are not limited to:
    • Anti-Money Laundering Officer/Supervisor/Manager
    • Corporate Governance Manager
    • Compliance Manager
    • Case Analyst
    • Internal Auditor
    Application Procedure
    Applications may be made directly for this programme by downloading the application form here: Postgraduate Programmes Application Form .   
    Alternatively, you may apply through springboard at https://www.springboardcourses.ie/details/4773
    Some applicants may be called for interview.
    • Contact Siobhan Cullen, Head of Department of Law & Humanities, Letterkenny Institute of Technology by
    • E- Mail: Siobhan.cullen@lyit.ie
    • Telephone: (074) 9186204