Who is this programme for?
The Professional Certificate in Stockbroking is the only educational route approved by the Irish Stock Exchange for gaining the designation Registered Stockbroker.
This two-module level 7 qualification is the benchmark qualification for those working in stockbroking firms and those seeking entry into the profession. It focuses on the underlying securities traded on exchanges and how they are issued, traded and settled. It also outlines the key accounting concepts and statements, the taxation regime member firms operate within and the rules governing member firms.
How you will benefit
On successful completion of this programme, and on attaining the recognised professional designation APA, you will be able to:
- Describe the main pieces of legislation and the rules of the Irish Stock Exchange (ISE) that constitute the regulatory environment in which a stockbroking firm operates
- Explain the roles and functions of statutory bodies and persons in the regulatory environment and describe in general terms the various instruments traded and settled on the Irish Stock Exchange
- Summarise the issuance process, settlement process and trade reporting requirements employed for the main categories of instruments traded on an exchange
- Outline the process to assess a client’s needs from both a private client and institutional client perspective
- Compute simple personal tax calculations and explain the operation of the major taxation regimes in Ireland
- Calculate the main accounting ratios and explain their significance and explain the general accounting principles and the purposes of primary statements in financial reporting
Minimum Competency Code
The Professional Certificate in Stockbroking and attaching APA and Registered Stockbroker designation satisfies the Central Bank of Ireland’s Minimum Competency Code for those who wish to sell, advise on or undertake specified functions, for the category of retail financial product ‘Savings and Investments’.
Holders of the certificate are invited to apply for the APA (Savings and Investments) and Registered Stockbroker designation. Continued use of the designation is subject to meeting annual CPD requirements.
On successful completion of this programme, holders of the Professional Certificate in Stockbroking may apply to the Institute’s Registered Stockbroker scheme, subject to agreeing to comply with the CPD requirements. Members of the scheme who meet the designation criteria are eligible to use the designation ‘Registered Stockbroker’ and are listed in the online register of Registered Stockbrokers.
You study two modules:
- Stock Exchange Regulatory Environment (NFQ Level 7, 5 ECTS)
- Stock Exchange Securities and Markets (NFQ Level 7, 5 ECTS)
When you successfully complete this programme you will be awarded a Professional Certificate in Stockbroking (level 7) from UCD.
- Two-hour exam for each module at the end of the semester
- The exam consists of written essay-style questions
- The pass mark is 40%
The minimum second level educational requirements for entry to the Professional Certificate in Stockbroking are as follows:
- Five passes in the Leaving Certificate, including English and Mathematics
- Five O Level/GCSE passes, including English Language and Mathematics.
The Institute will also consider applications on a mature candidate basis from applicants who are 23 years of age before the date of their application for admission to the programme.
You must be a member of the Institute or become a member to do this programme.
€350 per module
If you are a QFA, CPD member, LCOI or Chartered Banker, you may be awarded formal CPD hours when you successfully complete this qualification.
Further information is available here.
If you would like to Express an Interest in this programme click here.