Field: Service Sector

Review of Credit New Zealand Qualifications  

Reviewed or new qualifications

Ref

Version

Qualification Title (Level)

Credits

2765

2

New Zealand Certificate in Credit Administration

60

2766

2

New Zealand Certificate in Credit Management

55

Review information

Qualification Developer

Ringa Hora Services Workforce Development Council

Reason for the review

Scheduled 5 year review  

Review date

October 2024

Outcome date

November 2024

Next review date

30 November 2029

 

Summary of development/review and consultation process

The review of the New Zealand Certificate in Credit Administration (Level 3) [Ref: 2765] and New Zealand Certificate in Credit Management (Level 4) [Ref: 2766] started in May 2024.

Ringa Hora Services Workforce Development Council consulted with the relevant stakeholders of the qualification. The stakeholders consisted of industry, associations, regulatory bodies, and education providers.

Consultation concluded that minor changes needed to be made for the qualification to remain fit for purpose and future-proof for the next 5 years.

 

Main changes resulting from the review process

The following were updated in each qualification:

·       Qualification version and review dates

·       Education pathways included accounting and finance-related qualifications and credentials.

·       Employment pathways included employment roles in finance and trade credit industries

·       Evidence requirements for assuring consistency.

·       Programme Endorsement considerations were included in the General Conditions.

 

Review outcome

Ref:

Version

Reviewed qualification

Outcome category

New qualification details/version

(if applicable)

2765

2

New Zealand Certificate in Credit Administration

B-New version of qualification

2765-3

2766

2

New Zealand Certificate in Credit Management

B-New version of qualification

2766-3

Qualification review outcome categories

Outcome

Result

Category

Minor changes to the qualification

Qualification version number and ID (Ref) remain the same

New review date is required

A

Moderate changes to the qualification

New qualification version number

ID (Ref) remains the same

New review date is required

B

Significant changes to the qualification

New replacement qualification with a new ID (Ref)

The existing qualification will expire

C

The qualification is no longer required by industry

The qualification will expire with no replacement

D

 

Any additional information

It is not intended that any existing candidate be disadvantaged by these transition arrangements, however, anyone who feels they have been disadvantaged may appeal to:

 

Ringa Hora Services Workforce Development Council

PO Box 445

Wellington

New Zealand

 

Phone:  04 909 0306

Web: www.ringahora.nz

Email:  qualifications@ringahora.nz