Looking to start or progress your career in compliance? The Professional Diploma in Compliance is a great option for compliance professionals or those in roles related to compliance to gain an industry recognised qualification in compliance. We answer the most popular questions on the programme.
Absolutely! The programme is an ideal starting point for anyone looking to begin a career in compliance. The Professional Diploma in Compliance has been running for over a decade and has been developed with substantial input from industry and in conjunction with the Compliance Institute, the industry body for compliance professionals. The programme is considered the benchmark qualification for compliance professionals.
Anyone working in a compliance role, a role related to compliance or those interested in pursuing a career in compliance in financial services.
Both the Professional Certificate and Diploma in Compliance are at level 7 on the National Framework of Qualifications. The Professional Certificate in Compliance comprises two modules: PDC 1 – Compliance and the Regulatory Structure and PDC 2 - Conduct of Business Rules. The Professional Certificate is popular with students who require an introduction to the area of compliance as well as those who already work in the area and are looking to achieve the recognised industry and accredited qualification.
The Professional Diploma in Compliance consists of a further two modules: PDC 3 - Legal and Regulatory Aspects of Compliance and PDC 4 - Compliance Management. Upon successful completion of all four modules, graduates are invited to apply for the designation ‘Licentiate of Compliance Institute' and use the designatory letters LCI.
It varies and depends on the individual, however the Professional Diploma in Compliance could be completed in one year, as typically students register for one or two modules per trimester. Exams take place in January, May and September.
LCI stands for Licentiate of Compliance Institute. The LCI designation is recognised under the Central Bank of Ireland’s minimum competency code and is the leading professional designation and benchmark qualification for Compliance professionals in all sectors of the financial services industry in the Republic of Ireland.
Recipients of the Compliance Institute’s LCI designation are also recognised internationally as ICCP (Internationally Certified Compliance Professional).
LCI designates gain access to dedicated events and a suite of continuous professional development content, offered by the Compliance Institute and IOB. In order to continue using the LCI designation, designates are required to meet the designation criteria annually.
The programme is open to both school leavers and graduates. Candidates are required to have passed English and Mathematics and three other subjects in either the Leaving Certificate, O Level, or GCSE examinations. IOB will also consider applications on a mature candidate basis from applicants who are 23 years of age before the date of their application. Candidates must have either registered for or completed the Professional Certificate in Compliance prior to registering for the Professional Diploma in Compliance. All candidates must be members of the Compliance Institute.
The programme runs three times a year. For further details on upcoming closing dates for registration, view the key dates for the programme.
The four modules are delivered 100% online, allowing you to study from any location and at a time and pace that suits you. Each module has a two-hour online written exam which takes place at the end of the trimester.
Many graduates of the programme progress on to the MSc in Compliance, as well as IOB’s data protection and financial crime prevention programmes. See IOB’s full portfolio of UCD accredited governance, risk and compliance programmes for more great options
Register for the Professional Diploma in Compliance
Take the next step on your compliance career journey by registering for the Professional Diploma in Compliance now.