Express an interest

If you are interested & require further information, we will email you a copy of the programme brochure.

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Data Protection Notice

About this data protection notice

This is a statement of the practices of The Institute of Bankers in Ireland, 1 North Wall Quay, North Dock, Dublin 1 (trading as IOB) (‘the Institute’, ‘we’, ‘us’, ‘our’) in connection with the capture of personal data on this webform and the steps taken by the Institute to respect your privacy.

The Institute is a Data Controller and is committed to protecting your rights and any personal information which you provide to the Institute will be treated with the highest standards of security and confidentiality, in accordance with Irish and European Data Protection legislation.

The privacy notice explains the following:
  • What information do we collect about you?
  • The purpose for collecting your personal data
  • The legal bases for collecting your personal data
  • Are you required to provide the information?
  • How we store and secure personal data?
  • Details of third parties with whom we share personal data
  • What are your rights?
What information do we collect about you?

The data we collect from you will be used by the Institute only in accordance with the purposes outlined in this privacy notice. We will collect your data via webform on

The data collected in this webform will be shared with the following areas of the Institute:

  • Programme Management Department
  • Marketing Department
  • Lifelong Learning Department
The purpose for collecting your data

The data we collect about you will be used for:

  • providing information on the programme(s) for which you have completed an expression of interest webform;
  • notifying you of promotional events related to this designation(s) or programme(s) e.g. Programme Taster Lectures, IOB Open Evening; and
  • advising you of upcoming application and registration closing dates for this designation(s) or programme(s)
The legal basis for collecting your data

For the purposes outlined in this privacy notice your personal data will be processed on the basis of Explicit Consent.

By submitting this webform, you confirm that you are providing your informed consent to the processing of your data as outlined here.

Are you required to provide the information?

We require you to complete the mandatory fields identified in this webform for the purposes outlined above. If you do not provide us with the information required in these fields, we may be unable to process this Expression of Interest form.

How we store and secure your data

Any data we collect from you will be stored confidentially and securely. The Institute is committed to ensuring all accesses to, uses of, and processing of Institute data is performed in a secure manner.

In keeping with the data protection principles, we will only store your data for as long as is necessary to provide our services to you and for such a period of time after this as is necessary to comply with our obligations under applicable law and, if relevant, to deal with any claim or dispute that may arise in connection with our relationship with you.

For the purposes described here we will store your data for one calendar year from the date you submit the webform. Before the end of this calendar year, we may contact you to ask if you wish to re-confirm your consent to the storing and processing of your data for the purposes outlined above.

When we store your personal data on our systems the data will be stored on the Institute’s secure I.T. platforms within the EEA which are also subject to European data protection requirements.

Details of third parties with whom we share personal data

The Institute will share your data with third parties where necessary for purposes of the processing outlined here.

We will share your information with our service providers (e.g. printers, I.T. support, auditors, legal advisors, and other professional advisors).

We may also disclose your information where required by law to do so.

Your information will not be shared with any other third parties.

When we share your data with the third parties outlined here the Institute will ensure that the data is only processed according to our specific instructions and that the same standards of confidentiality and security are maintained. Once the processing of the data is complete any third parties with whom data was shared will be required to return the data to the Institute save where they are required to retain it by law.

What are your rights?

You have the following rights, in certain circumstances and subject to applicable exemptions:

  • You are entitled to ask for a copy of the personal data, which IOB holds about you.
  • The right to have any inaccuracies in your personal data amended.
  • The right to object to the processing of your personal data.
  • The right to have the personal data that we hold about you erased.
  • The right to restrict the processing of your personal data.
  • The right to receive your personal data, which you provided to us, in a structured, commonly used and machine-readable format or to require us to transmit that data to another controller.
  • You have the right to withdraw your consent at any time.

If you have any queries relating to the processing of your personal data for the purposes outlined above or you wish to make a request in relation to your rights, you can contact the Institute’s Data Protection Officer using the contact details below.

If you are unhappy with the way in which your personal data has been processed, you may in the first instance contact the Institute’s Data Protection Officer using the contact details below.

IOB has a Data Protection Officer who can be contacted through [email protected] or by writing to:

The Data Protection Officer, IOB, IFSC, 1 North Wall Quay, Dublin 1.

If you remain dissatisfied then you have the right to apply directly to the Data Protection Commission for a decision. The Data Protection Commission can be contacted at:

Data Protection Commission
Canal House
Station Road
R32 AP23 Co. Laois

The Institute of Bankers in Ireland (a company limited by guarantee) trading as IOB

Registered Number: 197171
Registered Charitable Organisation
Charity Registration Number: 20026950
CHY Number: 10530

P: +353 (0)1 6116500
F: +353 (0)1 6116565
E: [email protected]

Privacy Statement
Terms and conditions

Before you continue...

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Professional Diploma

Applied Alternative Investments

Apply now to commence studies in October 2024
Apply now
Express an interest
  • Duration
  • Varies
  • Programme
  • 3 modules
  • Study
  • Online
  • Fees
  • €4,785
  • Level
  • NFQ 9, 30 ECTS
  • At a glance

    The Professional Diploma in Applied Alternative Investments provides an opportunity for professionals working in the funds industry to develop their expertise in the growing alternative assets market.

    Increasingly, alternative assets which includes hedge funds, commodities, private equity, structured products and real asset investments such as infrastructure investments, are becoming mainstream investments which are predicted to grow significantly.

    Awarding Body

    University College Dublin

    Who is it for

    • The international investment fund industry faces the challenge of upskilling to meet this wave of new investment structures. Given the breadth of alternative assets the programme will appeal to professionals working in the funds industry who want to develop expertise in alternative investments.

    • It is critical for long term success that those who work in the industry understand how the move to alternatives demands a broader understanding of the investment landscape and the choice of asset type available to investors.

    Download brochure

    Funds by IOB logo

    This programme qualifies for IFS Skillnet funding

    Funding it subject to availability

    How you will benefit

    The overall aim of the programme is to develop your technical knowledge and skills in alternative investments. It will:

    • Advance your knowledge and understanding of valuation issues relevant to alternative investments and alternative investment funds

    • Progress your understanding of long-term trends in the demand for alternative investments

    • Deepen your knowledge and expertise in the range of alternative investment strategies

    • Introduce the relevance and importance of alternative investments to various types of investors

    • Develop your knowledge of legal and regulatory issues affecting alternative investment funds

    • Analyse regulatory legislation relevant to the establishment, supervision + termination of an investment fund

    • Examine the investment selection process for building an alternative investment portfolio

    • Evaluate the impact of different economic/general macro conditions on potential alternative investments

    • Assess the key drivers of asset movements of their impact on fund valuation

    • Examine the key economic variables feeding into market behaviour and in turn driving fund performance

    • Critically evaluate the low term risks associated with different alternative asset classes & the impact on investment decision making at fund level.

    Continuous Professional Development

    If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

    IFS Skillnet

    IFS Skillnet-Masthead-Full-colour-High-res

    • This programme has IFS Skillnet funding available for certain companies. You should check if your company has IFS Skillnet approval.

    • Please note funding available for modules running up until end of 2023 only, a new application will be required for modules running in 2024 if funding is available.

    • The availability of funding for modules in future trimesters will be confirmed in advance of their commencement.

    • Tax relief may be available to candidates who are paying fees in a personal capacity. Further information is available from

    • Funding it subject to availability

    Download the Applied Alternative Investments IFS Skillnet form

    View the IFS Skillnet Checklist

    Note: Students without IFS Skillnet funding should apply using the Apply now button above.


    • €4,785

    • IFS Skillnet member - €3,350*

    Fees will be reviewed annually.

    *Funding it subject to availability

    Duration & delivery

    • Delivery is online


    • Assessment is a combination of continuous assessment and written exams.


    • Professional Diploma in Applied Altenative Investments from UCD.

    • This is a level 9 qualification on the National Framework of Qualifications and carries 30 ECTS.

    Next intake

    Autumn Trimester - (2024-2025 academic year)

    Please note that the programme content and fees are subject to change in the 2024/2025 academic year. Any changes will be outlinged in the 2024/2025 prospectus and at in August - the start of the new academic year.Spring Trimester


    Modules and learning outcomes

    Investment Valuation and Risk

    (NFQ level 9, 10 ECTS)

    The module introduces the principles underpinning asset valuation and risk analysis to provide a foundation for exploring fund valuation drivers relevant to alternative investment funds. It presents a range of alternative investments available to investors and explains their drivers of market performance. It also explores the key economic variables impacting returns in conjunction with performance evaluation methodologies relevant to alternative investment funds. The module concludes with an analysis of the empirical evidence identifying trends for alternative investments and the structural drivers of the predicted increase in long-term demand.

    Applied Alternative Investment Strategies

    (NFQ level 9, 10 ECTS)

    This module builds upon investment valuation and risk to develop a deeper understanding of available alternative investments including private equity, hedge funds and managed funds, commodities, real assets and structured products. Next, it considers key issues in relation to asset allocation and portfolio management and develops an understanding of alternative fund management and issues of illiquidity risk which has important implications for endowment and foundation portfolios and pension fund portfolio management. This module concludes with an analysis of risk management, manager selection and due diligence.

    Legal and Regulatory Aspects of Alternative Investments

    (NFQ level 9, 10 ECTS)

    This module introduces the rationale and structure of regulatory regimes for investment funds domiciled and operation in Ireland, examining the basis for regulation and the institutions responsible for regulation at domestic and EU levels. It develops students’ ability to critically analyse a piece of regulatory legislation and identify the legal and regulatory obligations imposed by the regulation. It will also examine the preparation of a memorandum in relation to a new piece of regulation, highlighting the obligations it imposes and the competencies necessary to discharge those obligations and the tools available to the regulator to enforce such regulation.

    Key dates

    Level 9 key dates 2023/2024

    Examination schedule 2023/2024

    Next intake

    Autumn Trimester - (2024-2025 academic year)

    Please note that the programme content and fees are subject to change in the 2024/2025 academic year. Any changes will be outlinged in the 2024/2025 prospectus and at in August - the start of the new academic year.

    MSc Pathway

    This programme is included in the Pathway to the MSc in Financial Services


    Students seeking admission to the MSc Pathway or its constituent programmes must possess:

    • An Honours degree (min. 2.2 L8 NFQ) 


    • Admission many also be considered for experienced professionals who do not meet the admission requirements as set out above, where they can demonstrate knowledge through their work i.e. they have more than 5 years’ experience in a management role (to be considered on a case by case basis).

    Professional body membership

    You must be a current member of IOB, or become a member, to undertake this programme.

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