Change report for the review of Credit Administration and Management New Zealand Qualifications

 

Reviewed qualifications

[Ref]

Version

Qualification title

Level

Credits

2765

1

New Zealand Certificate in Credit Administration (Level 3)

3

55

2766

1

New Zealand Certificate in Credit Management (Level 4)

4

50

 

Review information

Qualification Developer

The Skills Organisation

Reason for the review

Scheduled 5 year review of qualifications

Review date

September 2019

Outcome date

November 2019

Next review date

31 November 2024

 

Summary of review and consultation process

The Skills Organisation has consulted with major stakeholders and the leading industry association for the credit industry.  Feedback from the sector was that the qualifications required updating in order to remain useful and relevant, and to meet the needs of learners, industry, and stakeholders. 

The result of the review is new versions of both qualifications.

 

Main changes resulting from the review

The graduate profile outcomes of the qualifications were updated to better reflect the needs of the credit industry.

The credit values of the qualifications were increased to better reflect the time needed to meet the graduate profile outcomes.

The qualification wording was updated to reflect the terminology currently used by the credit industry.

 

Review outcome

Reference

Version

Reviewed qualification

Outcome category

New qualification details/version

(if applicable)

2765

1

New Zealand Certificate in Credit Administration (Level 3)

B-New version of qualification

2

2766

1

New Zealand Certificate in Credit Management (Level 4)

B-New version of qualification

2

 

Qualification review outcome categories

Outcome

Result

Category

No changes are identified to the qualification

Qualification version number and NZQF ID remain the same.

New review date is required.

A

Minor changes are identified to the qualification

New version of qualification is required (NZQF ID remains the same).

New review date is required.

B

Significant changes are required to the qualification

New replacement qualification is required with a new NZQF ID.

The existing qualification will expire.

C

The qualification is no longer required by industry

The qualification will expire with no replacement. 

D

 

Transition information

Reference

Version

Qualification title

Last date       of entry*

Last date of assessment

2765

1

New Zealand Certificate in Credit Administration (Level 3)

N/A

31 December 2022

2766

1

New Zealand Certificate in Credit Management (Level 4)

N/A

31 December 2022

*only required for outcome category C or D