1 / 6

Employer Engagement-The BSc in Financial Planning

Employer Engagement-The BSc in Financial Planning. By Peter Prowse. The History. Careers links with local Financial Advisory Firms in Bradford and west Yorkshire

vahe
Download Presentation

Employer Engagement-The BSc in Financial Planning

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Employer Engagement-The BSc in Financial Planning By Peter Prowse

  2. The History • Careers links with local Financial Advisory Firms in Bradford and west Yorkshire • Formation of IFAs and those across the UK to address the sector’s needs and develop programmes which will be needed as the sector enters a massive period of change. • The Yorkshire Independent Financial Advisor Forum (YIFA)was formed in 2008 and has a membership of over 200 IFAs in the North. • Its initiative is supported by several leading insurers, the Chartered Insurance Institute (CII) and the Personal Finance Society (PFS). • The forum is already engaging with the over 7,000 IFAs across the UK with the aim of improving skills within the sector. • Supported by Head of Industry Development at AEGON UK

  3. The 2008 Meeting • The School of Management invited the Bradford Initiative members, the CIII and School of Management staff (Via Escalate Champion). • After research and offer of placements for students on the BSc it was decided to agree to design the BSc subject to student demand. • Evidence from Bradford companies and Yorkshire of future need for more highly qualified staff in CII and with financial expertise.

  4. The New BSc Financial Planning in 2010 • Bradford graduates will come out with not only a BSc but also the Chartered Insurance Institute (CII)'s Certificate in Financial Planning and substantial credits towards the CII’s Diploma in Financial Planning. • The degree will therefore provide the graduates with a fast-track route towards Chartered Financial Planning Status. • The degree will have a one-year placement; hence on completion graduates will also have real, practical experience, thus making them highly desirable to future employers. • They will be encouraged to return to work in their final year to gain additional expertise and paid work ready for their career. • Will retain jobs in the region with a supply of potential local recruits • Links with regional shortages, local companies and a entry level for financial graduates who do not want a career in Accountancy.

  5. Regional Experience • Clear links with careers and supply of local students • Possible links with other colleges as entry levels to the BSc provided we accept their Foundation Programmes (to be decided) • For CII and PFS Professional accreditation: • Not many changes to major BSc-Core level 1 same • Level 2 Core Modules • Placement plus Professional exams and competency assessment • Level 3 requires 3 new modules

  6. And Finally... • Enhanced Links in Bradford and region • First Professional entry in the region • Placements guaranteed but subject to interviews (as usual) • Strong links with University and local organisations • Links local students and keeps key jobs in region

More Related