A student at JIBS University Centre has successfully completed the Level 4 Investment Advice Diploma (IAD) while studying for the BSc (Hons) International Financial Services degree.
John Pipon, a 20-year-old student on the BSc (Hons) International Financial Services degree, is in his second year and was awarded the Investment Advice Diploma in July. The qualification is awarded by the Chartered Institute for Securities & Investment (CISI), the leading professional body for securities, investment, wealth and financial planning professionals.
John has impressed everyone at the Business School since he joined the degree in October 2015 with his hard work and passion for investment theory, so it was no surprise when John decided to pursue the IAD.
He said: “My future plan is to pursue a career in the wealth management industry, so it made perfect sense to study for the Investment Advice Diploma alongside my degree, as the core content aligned nicely.”
“This allowed me to save valuable time and achieve the RDR/RFA-compliant qualification. It has also greatly supported my career development as I am now eligible for associate membership with the professional body.”
Taking both qualifications at the same time has been made possible through the support of the Business School, which delivers the IAD in Jersey.
The award is compliant with the UK’s Retail Distribution Review (RDR) and the Jersey Review of Financial Advice (RFA), a requirement for everyone who gives financial advice. John completed the IAD by passing three units: UK Regulation & Professional Integrity; Investment, Risk & Taxation; and Securities.
The IAD is an advanced-level qualification requiring 140 hours of study per unit, and provides a sound grounding in UK financial services and consumer relationships, macro-economic environment, settlement, safe custody and prime brokerage, exchange traded futures and options and financial protection.
John added: “I was fortunate to pass all three exams in a row, and have put myself on course to sit the CISI Private Client Investment Advice & Management exam in December 2017.”
“I’d like to thank Chris Usher, who was instrumental in my success and provided me with the infrastructure to self-study for the qualification without external training.”
Chris Usher, chief executive officer of Jersey International Business School, commented:
“John is a very intelligent, dedicated and insightful student, qualities that will serve him well in his career. He has combined his degree studies, his two-day-a-week industry work placement and the IAD, which is testament to his commitment to excellence.”
“We aim to support our degree students in becoming accomplished and expert learners and to provide them with a wealth of industry interaction. In the right cases, such as John’s, we fully back students who wish to undertake additional learning that will further boost their employability.”
“John has been a great asset to the degree over the last two years and I look forward to teaching John again at the Business School after his graduation.”