Professional Certificate in Investment Fund Services

Start Date: 01 October 2018

Duration: Oct-Jan

Location: Dublin, Cork, Limerick and Kilkenny - Subject to demand

Accreditation: UCD-accredited Professional Certificate in Investment Fund Services, a Level 7 qualification

CPD Hours: Formal CPD hours for QFA’s, CPD Members, LCOI’s and Chartered Bankers may be awarded on successful completion of relevant modules within this qualification.

Full Fee: €630 per module

Network Members Fee: €475 per module

Programme overview

A unique and specific programme, the Professional Certificate in Investment Fund Services in international financial services is designed to support the industry’s day to day activity. It provides a broad view of the structure, purpose and operation of an investment fund throughout its life-cycle. It considers the working of the investment fund industry generally and in Ireland specifically.

Programme Delivery

Module Introduction to Investment Funds Custody and Transfer Agency Fund Accounting and Valuation for International Investment Funds
Delivery period Semester 1 Semester 2 Semester 3
  Oct – Dec 2018 Jan – May 2019 Jan – May 2019
Delivery  Blended: lectures/elearning Blended: lectures/elearning Blended: lectures/elearning
Location* Dublin, Cork, Limerick, Kilkenny Dublin, Cork, Limerick, Kilkenny Dublin, Cork, Limerick, Kilkenny

* subject to demand

Programme Assessment

Module Introduction to Investment Funds Custody and Transfer Agency Fund Accounting and Valuation for International Investment Funds
Format Written exam Written exam Written exam
Time permitted 2 hours 2 hours 2 hours
Pass mark 40% 40% 40%
Exam date 08-Dec-18 19-May-18 26-May-18

 

Learning outcomes
Use this section to give an overview/list/bullet points for what the outcomes of the course will be

Who Should Attend

The programme will appeal to those working and those seeking to work in the investment funds industry and newly practising professionals working in the asset management and investment funds areas in the (legal and auditing) professional advisory firms.

Course Content

Module 1: Introduction to Investment Funds

This overview and platform module introduces and contextualises the fund as an investment product, the life-cycle of the fund and the various involvements and interjections through that life-cycle.  The module looks at the portfolio instruments and market considerations right through to the workings of the international funds industry.  It includes its features and the role of international jurisdictions.  It examines the legal and regulatory framework within which the funds industry manages and administers investment funds.

It also presents the different fund strategies, legal concepts, investment markets and strategies. The module concludes with exploring the role of regulation and fund listing as well as the relevant risk, taxation and compliance requirements in the main fund jurisdictions.

Module 2: Custody and Transfer Agency

This module examines the operation of the custody and transfer agency functions and processes for international investment funds including consideration of their respective roles and responsibilities

From a custody perspective it explores trade instructions, dealing, the settlements/payments processes, safekeeping of assets, securities lending and cash management.

The transfer agency element explores shareholder dealing, registration, transaction/performance fees and anti-money laundering regulation. It also describes current issues and developments.

Module 3: Fund Accounting and Valuation for international investment funds

Starting with the  fundamental principles of accounting and their application to investment funds, this module outlines the accounting and valuation aspects specific to and as they relate to investment funds.

It considers the accounting statements for funds, the calculation of the Net Asset Value (NAV) and the importance of controls around ensuring an accurate NAV. It also looks at the valuation of both a single and multi-share class fund structure and considers the role of outsourcing within the funds industry.

Accreditation/CPD

This programme leads to a UCD-accredited Professional Certificate in Investment Fund Services, a Level 7 qualification.

Formal CPD hours for QFA’s, CPD Members, LCOI’s and Chartered Bankers may be awarded on successful completion of relevant modules within this qualification.

Trainer Profile