Recognition of Prior Learning (Experiential)
Claim form
For the recognition of prior learning that can be used against units/awards of the Professional Diploma in Banking & Finance and
Advanced Diploma in Banking & Finance (designation). All claims for Recognition of Prior Learning are processed in accordance
with our RPL Policy and procedures. Please note that an RPL claim is subject to a fee, details of which can be found here
The London Institute of Banking & Finance is a registered charity, incorporated by Royal Charter.
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GUIDANCE
What do I need to do?
Please complete this form to claim recognition of the prior learning
you wish to count towards the Professional Diploma in Banking &
Finance and/or Advanced Diploma in Banking & Finance
(designation). The information that you provide will enable us to
assess whether your experiential learning can be recognised and
therefore contribute towards the Professional Diploma in Banking &
Finance or the Advanced Diploma in Banking & Finance.
You are asked to reflect on the learning and development that has
taken place as a result of applying in practice your prior formal
learning and experiential learning in your work role(s).
There are two parts you need to reflect on:
How you have applied prior formal learning in practice and
learned from professional experience
How you have maintained your knowledge and skills and keep
up-to-date with evolving practices, regulation and products in
your business area
Why do I need to complete a claim?
If your claim is successful, your learning will be formally recognised
and count towards the requirements of the Professional Diploma in
Banking & Finance or the Advanced Diploma in Banking & Finance.
This will avoid unnecessary duplication of study and assessment
while completing your study of the relevant award.
How long will it take me to complete this claim?
Experience shows it will take approximately 10 hours to prepare and
write up this claim to the standard required.
How will my prior learning be recognised?
Prior learning that is recognised for the Professional Diploma in
Banking & Finance requires the achievement of learning that is
equivalent to units/awards at Levels 4 and 5 and is reviewed against
learning hours, level, content, learning outcomes and relevance to
the banking and finance sector.
Prior learning that is recognised for the Advanced Diploma in
Banking & Finance requires the achievement of learning that is
equivalent to units/awards at Level 6 and is reviewed against
learning hours, level, content, learning outcomes and relevance to
the banking and finance sector.
Before preparing to write your responses for pages 9-11 you should
familiarise yourself fully with the guidance on page 8 and the level
descriptors overleaf. It is very important that your responses
demonstrate that you have significant experience at the level for
which you wish to have your experiential learning recognised.
Your submission will be reviewed and if successful you will be
advised of the amount of recognition awarded to you and at what
level. You will then be required to make up any shortfall in the
qualification requirements via formal study with The London
Institute of Banking & Finance.
Recognition of your prior learning is likely to be described as
‘notional’ where it is banking and finance-related but the content
does not match an entire unit or award. However, where there are
significant content similarities, exclusions on your study options may
be put in place to prevent duplicate study.
If your experience and claim shows considerable experience at
Levels 4 and 5, you might be eligible to advance directly to the
Advanced Diploma in Banking & Finance.
Please note: no qualifications will be awarded solely on the basis of
this claim form.
How will I submit my claim?
Please return your claim to Student Support Services
(enquiries@libf.ac.uk) who will also be happy to answer any
queries you have regarding completion of this claim.
Please note that any supporting documentary evidence included
to support your claim should appear in appendices that are
referenced appropriately on page 12.
Please note that if you have attained other relevant qualifications
from any other awarding body, we will need to see evidence of
these in the form of a ‘Certified’ copy before any exemption can
be applied. Similarly, if claiming credits based on a Degree
programme then you may be asked to provide a Transcript of
your degree and detailed specifications of modules taken.
If you have completed in house training, we may approach your
learning team for confirmation of results achieved.
It is useful to get your claim in as early as possible in case there is
a need to resubmit information.
You will be advised of the outcome of your claim by email.
The decision of The London Institute of Banking & Finance is final.
A fee will be charged for administration and review of your credit
claim form.
What is the assessor looking for in this claim?
You are expected to demonstrate your achievement of both
knowledge and skills at the appropriate level within the Regulated
Qualifications Framework using a balanced dialogue between
descriptive and evaluative text. The recognition you are claiming is
positioned at Level 4, 5 or 6. The table overleaf shows descriptors
for each level and the criteria you are required to fulfil. It is
imperative that your responses are all your own work, presented in
your own words.
What happens if I fail?
You will have one attempt to re-submit your failed credit claim.
You will be provided with feedback if your claim fails and you will
have one re-submission attempt. A re-submission fee will apply.
Checklist
Please review your application carefully prior to submission to
ensure you have completed all sections of the form, provided the
required number of examples and the supporting evidence to
demonstrate your knowledge and skills.
Once your application is complete, please return your claim to
Student Support Services (enquiries@libf.ac.uk) or call if you have
any queries about this submission +44(0)1227 829499.
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Student learning outcomes at Levels 4, 5 and 6 in the RQF compared
Level Level Knowledge descriptor (the holder…) Skills descriptor (the holder can….)
Level 4 1. Has practical, theoretical or technical knowledge
and understanding of a subject or field of work to
address problems that are well defined but
complex and non-routine.
2. Can analyse, interpret and evaluate relevant
information and ideas.
3. Is aware of the nature and approximate scope of
the area of study or work.
4. Has an informed awareness of different
perspectives or approaches within the area of
study or work.
1. Identify, adapt and use appropriate cognitive and
practical skills to inform actions and address
problems that are complex and non-routine while
normally fairly well-defined.
2. Review the effectiveness and appropriateness of
methods, actions and results.
Level 5 1. Has practical, theoretical or technological
knowledge and understanding of a subject or field
of work to find ways forward in broadly defined,
complex contexts.
2. Can analyse, interpret and evaluate relevant
information, concepts and ideas.
3. Is aware of the nature and scope of the area of
study or work.
4. Understands different perspectives, approaches or
schools of thought and the reasoning behind
them.
1. Determine, adapt and use appropriate methods,
cognitive and practical skills to address broadly
defined, complex problems.
2. Use relevant research or development to inform
actions.
3. Evaluate actions, methods and results.
Level 6 1. Has advanced practical, conceptual or
technological knowledge and understanding of a
subject or field of work to create ways forward
in contexts where there are many interacting
factors.
2. Understands different perspectives, approaches
or schools of thought and the theories that
underpin them.
3. Can critically analyse, interpret and evaluate
complex information, concepts and ideas.
1. Determine, refine, adapt and use appropriate
methods and advanced cognitive and practical
skills to address problems that have limited
definition and involve many interacting factors.
2. Use and, where appropriate, design relevant
research and development to inform actions.
3. Evaluate actions, methods and results and their
implications.
Table of knowledge and skills descriptors
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YOUR DETAILS
LIBF number (if known) ________________________________________________ Title (Mr/Mrs/Ms etc) _________________________________________________
First Name(s) / Given Name(s) ___________________________________________________________________________________________________________________
Last Name / Family Name _______________________________________________________________________________________________________________________
Date of birth* _____________________________________________________ Nationality _____________________________________________________
*A date of birth is compulsory to activate your online account.
Gender Male n Female n
Please complete the below information only if you are a new student or if your contact details have changed.
YOUR DETAILS
YOUR DETAILS
Email address*___________________________________________________________________________________________________________________________________
*Please note that having a valid email address is a compulsory requirement of study
Please provide a telephone number we can use to contact you if necessary
Telephone number________________________________________ Mobile tel (if different from telephone number) __________________________________________
CONTACT DETAILS
YOUR DETAILS
Business address
________________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________________
Postcode / Zipcode
_____________________________________________________ Country _____________________________________________________________
Home address ________________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________________
Postcode / Zipcode
_____________________________________________________ Country _____________________________________________________________
Please indicate which address you would prefer The London Institute of Banking & Finance to use for postal correspondence:
Home n Business n
Please select an address where your study materials can be delivered or add a delivery address below if it is different from the addresses
above: Business
n
Home
n
Delivery address*_______________________________________________________________________________________________________________________________
_______________________________________________________________________________________________________________________________
Postcode / Zipcode
_____________________________________________________ Country ______________________________________________________________
*Please do not use a UK PO Box number
ADDRESS DETAILS
YOUR DETAILS
Job title _________________________________________________________________________________________________________________________________________
Employer / Business name ______________________________________________________________________________________________________________________
EMPLOYMENT
ACADEMIC QUALIFICATIONS
Highest level of award
Please advise us of the highest level of award that you hold (eg GCSE / A Level / HND / Degree / Post-Graduate).
Subject (if Degree / Master’s Degree) __________________________________________________________________________________________________________
University _____________________________________________________________________________________________________________________________
Year awarded _______________
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Please provide details of internal training programmes you have completed or are currently studying including title, level and year
completed. Please outline the content/topics of the in house training completed.
Title _______________________________________________________________________________________________________________________________
Level (if known) _______________________________________________________________________________________________________________________________
Date awarded _______________________________________________________________________________________________________________________________
Duration of course: __________________________________________________________________________________________________________________________
Method of assessment _________________________________________________________________________________________________________________________
Outline content _______________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
Title _______________________________________________________________________________________________________________________________
Level (if known) _______________________________________________________________________________________________________________________________
Date awarded _______________________________________________________________________________________________________________________________
Duration of course: __________________________________________________________________________________________________________________________
Method of assessment _________________________________________________________________________________________________________________________
Outline content _______________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
Title _______________________________________________________________________________________________________________________________
Level (if known) _______________________________________________________________________________________________________________________________
Date awarded _______________________________________________________________________________________________________________________________
Duration of course: __________________________________________________________________________________________________________________________
Method of assessment _________________________________________________________________________________________________________________________
Outline content _______________________________________________________________________________________________________________________________
___________________________________________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________________________________
Title _______________________________________________________________________________________________________________________________
Level (if known) _______________________________________________________________________________________________________________________________
Date awarded _______________________________________________________________________________________________________________________________
Duration of course: __________________________________________________________________________________________________________________________
Method of assessment _________________________________________________________________________________________________________________________
Outline content _______________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________
INTERNAL TRAINING COMPLETED
PROFESSIONAL QUALIFICATIONS
Qualification name _____________________________________________________________________________________________________________________________
Awarding body _____________________________________________________________________________________________________________________________
Year awarded _______________
Qualification/s currently studying ______________________________________________________________________________________________________________
YOUR DETAILS
Please provide details of your experience to date. We recommend you focus on the details of your roles/responsibilities over the past five years and
achievements in role. Please include responsibility you have for systems, staff and budgets. You should consider your experience in terms of the
autonomy you have (ie accountability for your work); responsibility and influence with customers, colleagues, peers, and business and technical
skills. Please also set out all banking qualifications obtained not listed elsewhere, membership of Professional Bodies or committees.
You may wish to start with a brief personal statement about your broad experience to-date, length of time in banking, personal authority limit,
for example:
Brief Personal Statement
OUTLINE CV
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YOUR DETAILS
Professional Experience
OUTLINE CV (CONT)
6
YOUR DETAILS
Qualifications/Awards/Achievements/Membership of Professional Bodies (not listed elsewhere on this form)
Other information you would like us to consider
OUTLINE CV (CONT)
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YOUR DETAILS
Considering at least three different work situations, demonstrate how you achieved the knowledge and skills in the relevant level
descriptor on page 2.
You should cover all seven of the following criteria in each of your responses:
1. The nature of the scenario
2. The approach you took and why you chose it
3. Any models, theories or concepts considered, rejected or employed
4. How you evaluated the options available and the reasons for your chosen option
5. Commentary on what challenges, complexities and issues you faced: were they as expected?
6. An evaluation of what went well, what didn’t go so well, and how a different or better outcome could have been achieved
7. Your overall reflections on the experience, including what you learned from it and what you will do differently in future if a similar
situation occurs
Examples of work situations could include: undertaking a project, responding to a significant change in the workplace, forming a
relationship with a new client, implementing a new system or process, dealing with a complex or challenging issue or problem.
For each work situation chosen, you should demonstrate both the knowledge and skills used and their level (4, 5 or 6).
The suggested total word count for all three examples is 1500 words (not including supporting evidence).
Please detail the supporting evidence provided. Evidence could include: project report, formal committee minutes, emails from
stakeholders involved (anonymised), feedback and testimonials, survey results. Confidential or sensitive information can be redacted.
PROFESSIONAL KNOWLEDGE, SKILLS AND APPLICATION IN THE WORKPLACE
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Scenario 1
1. Demonstration of knowledge descriptors
2. Demonstration of skills descriptors
PROFESSIONAL KNOWLEDGE (CONT)
9
Scenario 2
1. Demonstration of knowledge descriptors
2. Demonstration of skills descriptors
PROFESSIONAL KNOWLEDGE (CONT)
10
Scenario 3
1. Demonstration of knowledge descriptors
2. Demonstration of skills descriptors
PROFESSIONAL KNOWLEDGE (CONT)
11
12
Evidence Provided ( Please detail the scenario, evidence attached and what it is demonstrating - eg Scenario 1 – project work-plan,
demonstrating I led the project and its challenging timescale)
1.
2.
3.
4.
5.
6.
7.
8.
PROFESSIONAL KNOWLEDGE (CONT)
YOUR DETAILS
I confirm that the information given on this form is correct and that I consent to the processing of my personal data. I also confirm that the
work is my own work.
Signed* __________________________________________________ Date _____________________________________________________
*Please note that all unsigned forms will be returned and will cause a delay in the processing of your claim..
From time to time, The London Institute of Banking & Finance may wish to send you information on its products and services that may be relevant to you. If you do not wish to
receive further information, please tick this box. n
DECLARATION
YOUR DETAILS
Line Manager’s comments (comment in support of this application):
Line Manager’s declaration:
Signed __________________________________________________ Date _____________________________________________________
Print name _______________________________________________ Position _________________________________________________
LINE MANAGER’S STATEMENT
SS03/20
YOUR DETAILS
We will use your personal information to process this application and your examination entry. We will share details, as necessary, with the
organisations that deliver our examinations and manage the delivery of your study materials.
We may release your examination results and details of qualifications gained, at the request of your employer. In addition, your details may
be included in statistical data reported to UK bodies such as Ofqual and the Department for Education.
You can access information we hold about you, and update that information if necessary, by logging onto our secure website
www.mylibf.com.
Additional details of how personal information is used can be found within the Data protection / privacy statement on our website
(www.libf.ac.uk).
USING YOUR PERSONAL INFORMATION
YOUR DETAILS
Date received _______________________________________________________________________________
Checked by ______________________________________________________________________________
CPQ Entry Level ______________________________________________________________________________
Provisional exemptions ______________________________________________________________________________
Acknowledgment sent ______________________________________________________________________________
Further information required (if applicable) ______________________________________________________________________________
LIBF number allocated ______________________________________________________________________________
Date student/sponsor informed of outcome ______________________________________________________________________________
TO BE COMPLETED BY THE LONDON INSTITUTE OF BANKING & FINANCE
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