FIELD Business


Review of Credit Management qualifications


National Certificate in Credit Administration (Credit Control) (Level 3) [Ref: 1189] National Certificate in Credit Management (Level 4) [Ref: 0776]

The Skills Organisation has completed the review of the qualifications listed above.


Replacement qualifications


New Zealand Certificate in Credit Administration (Level 3) [Ref: 2765] New Zealand Certificate in Credit Management (Level 4) [Ref: 2766]


Date new versions published April 2015


The next qualification review, of the New Zealand qualifications, is planned to take place by 31 December 2019.


Summary of review and consultation process


During 2012, a mandatory sector review of qualifications in the Financial Services sector occurred. The review encompassed broad consultation with industry and training provider stakeholders to ensure that the new qualification meets current and future needs. The review resulted in the recommendation that the national qualifications listed above should be replaced by New Zealand qualifications. The replacement New Zealand qualifications have now been listed, and the national qualifications will therefore be phased out.


Main changes resulting from the review


National Certificate in Credit Administration (Credit Control) (Level 3) [Ref: 1189]

replaced by

New Zealand Certificate in Credit Administration (Level 3) [Ref: 2765]


Review category

C

See Key to Qualification Review Categories at the end of report


National Certificate in Credit Management (Level 4) [Ref: 0776]

replaced by

New Zealand Certificate in Credit Management (Level 4) [Ref: 2766]


Review category

C

See Key to Qualification Review Categories at the end of report


Transition


The last date for entry into programmes leading to the replaced qualifications is 31 December 2017, when the replaced qualifications will be designated expiring.

The last date to meet the requirements of the replaced qualifications will be 31 December 2019 when the qualifications will be discontinued. From that date no results can be reported against the qualifications.

People currently working towards one of the replaced qualifications may either complete the requirements by 31 December 2019 or transfer their results to the replacement qualification.


It is anticipated that no existing candidates will be disadvantaged by these transition arrangements. However, anyone who feels that they have been disadvantaged may appeal to The Skills Organisation at the address below:


The Skills Organisation FREEPOST 5164

PO Box 24469

Royal Oak Auckland 1345

Telephone 09 525 2590

Email reviewcomments@skills.org.nz


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Key to Qualification Review Categories


Category A

The qualification is published as a new version with the same NQF ID

Changes are made to SSB name, contact details or purpose statement

No change is made to title, rules or components of the qualification

No transition arrangements are required

Category B

The qualification is published as a new version with the same NQF ID

Changes are made to title, rules or components

The new version of the qualification recognises a similar skill set to that recognised by the previous version

The SSB is confident that people awarded the new or previous version are comparable in terms of competence

Transition arrangements are required if candidates must gain additional/different credits for the new version

Category C

A new (replacement) qualification is published with new NQF ID

Significant changes are made to the qualification in terms of components, structure, type or level

The SSB views people with the replacement qualification as being significantly different in terms of competence from those with the replaced qualification

Transition arrangements are required

Transition may be limited to phase-out dates

Category D Qualification will expire. There is no replacement qualification

Qualification is no longer required by industry

The qualification is designated as expiring and a last date for meeting the qualification requirements is set