Institute of Banking


Who is it for?

This programme will provide participants with the multi-disciplinary skills to participate more effectively in compliance management and to understand a practical application of compliance best practice.

It is ideal for those who work in a control function within a financial services organisation and will be of particular interest to Compliance managers and senior managers together with those aspiring to these roles.

Subjects taught

Modules and learning outcomes
Ethics and Corporate Governance - (NFQ level 9, 10 ECTS)
This module looks at the corporate governance best practice principles and their application in both a financial services and a general organisational setting. It also aims to provide students with a deeper understanding and appreciation of the ethical dimension of corporate governance and, in doing so, stresses the importance of corporate culture to the longevity of organisations. In considering the behaviours and decision-making processes of individuals, groups, and specifically those charged with governing organisations, the module offers approaches for dealing with common ethical dilemmas and ethical crises.

Managing for Compliance - (NFQ level 9, 10 ECTS)
The modules looks at compliance sound practice and principles and their application in both a financial service and a more general organisational setting. It considers the growing role and responsibilities of the compliance officer and function and looks at challenges faced in the fulfilment of these responsibilities. The module will introduce a number of specific compliance topics and suggested methodologies to the student but will also require input from the student’s experience and reading to develop the topics and challenges of the elements of compliance examined.

Financial/White Collar Crime Prevention - (NFQ level 9, 10 ECTS)
This module considers the offense of financial/white collar crime which is committed by or against an individual or corporation and results in a financial loss. The various forms this type of crime can take are examined and best practice techniques to manage and control the risks are discussed. The module will introduce you to a number of topics and suggested methodologies, but also requires input from your professional experience to develop a best-practice approach in order to counteract, hinder and ultimately safeguard individuals and corporations from crime in the financial system.

Data Protection Policies and Procedures - (NFQ level 9, 10 ECTS)
Irish and EU data protection law changed when the EU’s General Data Protection Regulation (GDPR) came into effect in 2018. This will impose a heavier compliance burden on data controllers and will grant data subjects enhanced rights. Controllers will be held accountable and have to keep records, conduct impact assessments and appoint Data Protection Officers. Supervision and enforcement will be enhanced. This module will provide students with the tools to understand and navigate an increasingly complex and challenging environment for the controllers and processors of personal data.

The Regulatory Landscape - (NFQ level 9, 10 ECTS)
This module discusses the rationale for financial services regulation. It also provides a framework of the regulatory landscape from a local, European and global perspective. You will be able to critically analyse and evaluate the regulatory response in the wake of the global financial crisis. The module will consider emerging trends impacting the compliance professional.

Designing an Internal Governance Framework - (NFQ level 9, 10 ECTS)
The module seeks to establish a best practice approach in the design of internal governance frameworks for financial service providers. This applied module considers all aspects of the three lines of defense model and the board director’s interaction with this framework. This module will build on the Ethics and Corporate Governance module in exploring how good governance should be embedded in the organisation. These considerations are placed in the context of the organisation implementing strategy devised by the board of directors within the risk culture and risk appetite.

Compliance Leadership: (NFQ level 9, 5 ECTS)
This is a new module and aims to enhance and further develop the soft skills of the compliance professional. It will look at Leadership skills, Conflict Negotiation techniques and Communication skills to support the compliance professional in managing their responsibilities across the organisation.

Research Methods and Methodology - (NFQ level 9, 10 ECTS)
The purpose of this module is to prepare students to be able to plan and execute an action based research project. It begins by developing students’ ability to synthesise a literature review. It then develops their ability to understand, critique and select an appropriate methodology, and generate data with the aim of evaluating findings from an academic and professional perspective.

Applied Project - (NFQ level 9, 20 ECTS)
The applied project provides an opportunity to integrate your learning from previous modules. It is a comprehensive project with a strong focus on practical application. By assimilating all the skills and knowledge you have acquired from the programme, the project’s aim is to enable you to critically evaluate an existing compliance framework. It will also enable you to design and make recommendations on how to develop an optimal compliance model and integrate it effectively within the internal governance framework of the organisation. Note: The Applied Project is double-weighted (20 ECTS rather than 10 ECTS) and accordingly, the workload is double that of a standard module.

Entry requirements

Students admitted to the MSc in Compliance must have completed an undergraduate degree programme in a relevant area in a business, legal or cognate discipline with a minimum Honours 2.2 and at least 3 years' relevant work experience.
Applicants who do not hold a primary degree but have relevant work experience at a middle or senior management level are eligible to apply and will be considered on a case-by-case basis.

Professional body membership
You must be a current member of the Compliance Institute, or become a member, to undertake this programme.

Assessment Info

Assessment is a combination of continuous assessment and written exams. The pass mark is 40% in all modules in line with UCD academic policy.


Duration: Varies
Online lectures.



The fees are €5,100 for the first academic year (€12,200 for the programme in total).

This programme has IFS Skillnet funding available for certain companies. You should check if your company has IFS Skillnet approval.IFS Skillnet price is €3,600 for the first academic year (€8,900 for the programme in total). Note: students without IFS Skillnet funding should apply using the Enrol Now button above.

Enrolment dates

Contact Provider for next start date.

Post Course Info

Continuous Professional Development
If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

More details
  • Qualification letters


  • Qualifications

    Degree - Masters (Level 9 NFQ),Postgraduate Diploma (Level 9 NFQ)

  • Attendance type

    Part time

  • Apply to

    Course provider