Credits and Exemptions

Credits

You are entitled to a credit if you have a relevant prior LIA qualification or part qualification and no application is necessary. You can then register directly for the remaining modules of your chosen course.

If you have completed a module with The Institute of Banking or The Insurance Institute of Ireland that is also an LIA module then you are entitled to be awarded a credit from the same module with LIA, without payment of a fee. To apply send a copy of your relevant result transcript and a cover letter to LIA’s Education Department.

Exemptions

Exemption Closing Dates

Exemptions must be applied for before specific Exemption Closing Dates within each academic term:

  • For Term 1 (January 2017 exams) all exemption applications must be submitted by 7 October 2016.
  • For Term 2 (May 2017 exams) all exemption applications must be submitted by 27 January 2017.
  • For Term 3 (September 2017  exams) all exemption applications must be submitted by 26 May 2017.

Exemptions to UCD Awards

You may apply for an exemption if you have completed an external course and the modules are not offered by LIA. There must be an overlap of 80%, or more, in the course material for an exemption to be awarded. In any Professional Certificate or Professional Diploma programme a maximum of 50% of the modules may be exempted. The maximum of 50% can only be exempted when the course you have completed is on the same National Framework of Qualifications (NFQ) Level as the LIA course. Courses at a lower NFQ Level than the LIA course can only be exempted to a maximum of 25% of the course modules.

A list of Approved Exemptions is available here: QFA Exemptions and Equivalent. If your course is not listed you are required to check the National Framework of Qualifications to ascertain what level your qualification is placed at and then submit all the necessary documentation to LIA for approval.

Exemptions must be applied for in advance of registering for a module (see Exemption Closing Dates above). Should a candidate be unsuccessful in a module examination they are precluded thereafter from applying for an exemption in that module. Once an exemption has been successfully awarded, you can enrol on any of our courses by downloading the appropriate form from the Forms page of this website.

Bridge to Designations

If your prior qualification, including any regulatory qualification from outside the Republic of Ireland, is at a lower level on the National Framework of Qualifications than the LIA course and you wish to apply for exemptions of 50% or more of a course (that leads to a designation) rather than go with the maximum 25% allowable for a course you can opt to enrol on one of our bridge courses.

For the QFA designation (rather than register on Professional Diploma in Financial Advice) candidates register instead for the Bridge to LIA Designation. The Bridge to Designation is effectively the same course as the Professional Diploma in Financial Advice except that on completion students will not gain the UCD award. Successful students will however still achieve the QFA Designation on application to LIA.

The Bridge to CUA Designation, for CUA candidates, is the same course as the Professional Diploma in Credit Union Advice except that on completion students will not gain the UCD award. Successful students will however still achieve the CUA designation on application to LIA.

Exemptions must be applied for in advance of registering for a module (see Exemption Closing Dates above). Once an exemption has been successfully awarded, you can enrol on either of our bridge courses by emailing our Education Dept on queries@lia.ie.

Click here for further information on how to apply for an Exemption.