The Recognition of Prior Learning (RPL) offers significant benefits, especially for individuals who may not have formal education. It allows individuals to have their skills and knowledge, gained through work or life experiences, formally recognised, opening up pathways to further education and fostering personal and professional growth.
RPL at IOBSA acknowledges and credits banking professionals for the knowledge and skills gained through formal, informal, and non-formal learning. RPL facilitates career progression in the banking and financial services sector. It aligns professionals with industry requirements and regulatory frameworks.
How the RPL Process Works at IOBSA
- Eligibility Assessment:
- Determine if your prior learning or work experience aligns with the designation NQF level offered by IOBSA.
- Typical applicants include professionals who have industry experience but lack formal certification.
- Application Process:
- Submit an RPL application form to the IOBSA.
- Include detailed evidence, such as:
- Completed qualifications
- Training certificates
- A portfolio of evidence demonstrating your skills and knowledge.
- Assessment:
- The IOBSA evaluates your evidence against the outcomes and standards of the designation you are pursuing.
- Assessors may conduct interviews, tests, or practical evaluations to validate the evidence.
- Outcome:
- Successful applicants are awarded their upgraded designation most compatible with the outcome of the assessment.
Benefits of RPL through IOBSA
- Gain formal recognition for your work experience and existing skills.
- Enhance your career opportunities in the financial services sector.
- Meet regulatory requirements in a structured manner.
How to Get Started
Visit the IOBSA website or contact our RPL office for:
- Application forms and guidelines.
- Specific details on evidence requirements.
- Fees and timelines for RPL assessment.
