IMI Diploma in Regulatory Management
Those charged with managing in the regulatory environment face the highest of expectations and are subject to the closest of scrutiny against the highest professional standards. This creates a unique pressure – a pressure that can have a dramatic impact both on those that lead and on those being led.
The IMI Diploma in Regulatory Management is a nationally vaildated and internationally recognised programme that provides participants with the management skills to function optimally in a regulatory environment by building and enhancing professional competencies across a broad range of relevant organisational areas. By bringing together participants from different regulatory agencies, this programme will provide a real and meaningful opportunity to learn about the different challenges faced by peers across a variety of arenas.
Who This Programme Is For
Managers working in regulatory agencies who wish to broaden their knowledge of management and develop practical expertise in a relevant and focused learning environment.
Participants from ComReg on the IMI Diploma in Regulatory Management programme have benefited greatly from their participation on this course. The course content is carefully designed to directly reflect the challenges that face personnel working in the now very important regulatory area. It also equips the participant with the leadership and management skills to excel in this domain. The benefits and skills gained from this course have translated very effectively and transparently into the subsequent work performance of candidates who completed the programme.
Brendan Kenny, Head of Human Resources, ComReg
This has been an excellent course for Central Bank staff: informative and thought provoking in equal measure.
Jonathan McMahon, Director Credit Institutions Supervision, Central Bank of Ireland
IMI Diploma in Regulatory Management
Next Programme Start Dates: Dublin
Spring 2019 – Dates TBC
By completing the IMI Diploma in Regulatory Management you will:
- Develop a deep understanding of the stakeholder context in which regulators work
- Gain the capability and confidence to understand and challenge the behaviours and actions of key stakeholders
- Raise the level of self-awareness of how to achieve personal goals and how they fit into a regulatory context
- Gain an enhanced understanding of how to lead and motivate teams
- Develop personal negotiating capabilities
- Gain a clear sense of what risk-based regulation means and an understanding of appropriate policy responses
- Develop an enhanced ability to make judgements on the conduct and personality characteristics of stakeholders
- Widen your professional network
- Learn the language and thinking behind contemporary best practice management
- Acquire the skills and knowledge required of a modern professional manager
The IMI Diploma in Regulatory Management incorporates six core subjects. Typical subject content is indicated here. Each subject has a dedicated faculty expert responsible for integrated content delivery. The faculty group combines a blend of real world experience and technical expertise that is unique to the IMI.
- Making sense of the external environment for a regulator
- Assessing the different stakeholders strategic positions
- Developing internal strategies to work with the relevant stakeholders
- Aligning the organisation to implement a relevant strategy
- Effective leadership and organisational culture
- Motivating individuals and groups
- Organisational and individual change
- Building effective teams
- Political economy of regulation
- Theories of regulation
- Principles of good regulation
- Different regulatory models
- Distributive negotiations
- Managing differences
- Securing optimal outcomes
- Principles of effective persuasion
Advanced Communication Skills
- Influencing through professional presentations
- Mastering the art of body language
- Developing excellent listening skills
- The science of neurolinguistic programming
- Assessing risk in a compliance environment
- Fraud detection
- Developing a risk based project management
- Designing internal governance systems
Class Diversity & Networking
The IMI Diploma in Regulatory Management will be made up of individuals from a range of different regulatory agencies. Throughout the year you will work closely with your class colleagues in team activities and organised study groups. You will leave the programme with a valuable network of contacts and friends.
IMIs teaching methods feature intensively practical classroom exercises and group activities designed to accelerate the transfer of learning back to the workplace.
During the programme you will have the opportunity to undertake a one-to-one executive coaching session to help you develop a bespoke personal action plan to support and accelerate your professional development.
IMI faculty have a unique blend of academic qualifications and practical management acumen. This combines with their unrivalled experience working with practicing managers to create a truly dynamic classroom experience.
In addition to regular classes, guest seminars from visiting experts are a feature of the programme. These sessions provide you with an opportunity to analyse and discuss issues of contemporary concern with seasoned regulatory experts.
IMI executive education is about more than developing real management skills and substantive knowledge. A crucial aspect of developing your ability as a manager is learning about yourself. During the programme you will undertake a range of self-assessment instruments covering personality traits, emotional intelligence and critical thinking ability. These assessments will help you understand more about yourself and empower you to increase your effectiveness at work.
Dr. Jonathan Westrup
Dr. Jonathan Westrup is the Programme Director of the IMI Diploma in Regulatory Management as well as the Senior Executive Programme at the IMI. He also leads and teaches on custom programmes for some of Irelands leading companies. He is also Programme Director for the IMI Diploma in Strategy and Innovation. His teaching focus is business strategy with a particular interest in corporate governance and organisational performance. Jonathan also works with management teams in facilitating their strategy process.
Prior to academia, Jonathan worked in the financial services sector with NCB Stockbrokers where at various times he was Head of Fixed Income and Head of Business Development. He played a key role in developing NCBs very successful bond division, building up its international client base and leading its market making team. Jonathan has an MPA from Harvards Kennedy School and a doctorate in comparative political economy from Boston University.
Prior to joining the IMI, Jonathan was a Research Fellow at the Institute for International Integration Studies and a lecturer at Trinity College Dublin. He has also taught at Boston University. Jonathan was the author of a Trinity College Dublin, Policy Institute Blue Paper entitled Financial Services in Ireland – the Accountability Dimension published in 2002. He wrote his doctorate on the political economy factors explaining the creation of the Financial Services Authority in the UK and in comparison to those explaining the creation of BaFin in Germany. Jonathan has published various academic papers and book chapters on the design and structure of financial regulators.
Most recently he has written a chapter entitled Regulatory Governance in the forthcoming book New Perspectives in Irish Governance edited by Niamh Hardiman and published by Manchester University Press.
For 2018, the IMI offers promotional rates* and innovative payment options that make our programmes more accessible than ever.
IMI prices are inclusive of teaching materials, meals and parking at the IMI Campus. These prices are only guaranteed for the 2018 intake of IMI Diplomas. We offer all our IMI Diploma participants a 10% discount on double rooms at the IMI National Management Centre.
Organisations that purchase several IMI Diploma places in any calendar year may be eligible for MoB Corporate Partnership. By becoming an MoB Corporate Partner, your organisation can avail of considerable additional price discounts and other benefits. For more information on IMI pricing, financing options and MoB Corporate Partnership, contact the team at 1800 22 33 88 or email firstname.lastname@example.org.
Pay for your IMI Diploma by monthly payments spread over the duration of the programme. There is no interest charged for choosing this payment option. Terms and conditions apply.
IMI Staged Payments
Pay for 60% of your course in advance of its commencement and pay the 40% balance before the start of your fourth module.
Tax Relief on Tuition Fees
If you are paying for your tuition fees yourself, it is now possible to apply to the Revenue Commissioners for tax relief for this IMI programme. The amount of relief available varies from person to person, and may be as high as 1,400. Tax relief is allowable per programme, per participant, per academic year. Relief will not be available for any part of tuition fees which are met directly, or indirectly, by grants, scholarships, employer payments etc. Please see www.revenue.ie for further information on how to apply for this relief. All decisions on individual tax relief requests are subject to the discretion of the Revenue Commissioners.
Reflective Integrated Assignment
Completion of the MBS in Business Practice pathway is contingent on participants completing the RIA (5 credits) capstone assignment. Guidance is offered through a compulsory one-day facilitated workshop and ongoing support and access to the IMI Knowledge Centre is also provided at a cost of €650. Payment is due on acceptance of Diploma three.
For more information on IMI pricing, financing options and MoB Corporate Partnership, contact the team at 1800 22 33 88 or email email@example.com.
*Pricing subject to change
The Master of Business is based around a framework of fifteen IMI Diploma Programmes and BRP.
By completing either of the four pathways below within a five year timeframe, you will earn the required amount of credits to be conferred the title ‘MSc or MBS in Business Practice’, ‘MSc in Data Business’ or ‘MSc in Digital Business’. The IMI Masters of Business Framework is validated and awarded by University College Cork – National University of Ireland, Cork.
How does it work?
Step 1: Successfully complete any one of the IMI’s suite of fifteen IMI Diploma programmes.
Step 2: Successfully complete a second IMI Diploma of your choosing achieving an overall grade average of 2.1.
Step 3: Successfully complete the IMI Business Research Project or a third IMI Diploma of your choosing and a Reflective Integrated Assignment (RIA).
Separate to their individual pathways, it must be noted that the IMI Diploma in Data Business Part 1 or the IMI Diploma in Digital Business Part 1 can be taken as the first, second or third diploma in the journey towards an MSc in Business Practice or MBS in Business Practice.
A key feature of the IMI MoB Framework is its flexible timeframe, which allows you to tailor your participation around work/life demands. Whereas each of the steps takes approximately six months to complete, you have a five year window within which to complete all required steps and attain the Masters. Therefore, depending on your preference, you can complete the taught element of the IMI MoB Framework in as little as 18 months. You must complete all elements of the IMI MoB Framework within five years.
The MoB philosophy
Unlike traditional MBAs and Business Masters, the IMI MoB Framework is driven by an intensely practical, action learning philosophy. Throughout the programme, classroom learning is applied to real-life business challenges via exercises, group work, case studies and projects that centre on both your day-to-day work and the challenges currently facing your organisation. Both you and your organisation will derive genuine real-world benefits from your participation.
Who is eligible?
Participants are required to provide evidence of relevant work-based learning at a management level and / or should hold a relevant academic qualification at primary degree level.
To clarify your status or to find out more contact firstname.lastname@example.org or Freephone 1800 22 33 88.
A candidate’s suitability for the programme will be determined by a combination of their academic qualifications and / or relevant professional experience. Each applicant will be firstly required to comprehensively complete the IMI “Portfolio of Learning” form. A primary degree from a recognised third level institution (NFQ level 8) will typically be required with at least 3 years relevant industry experience, however, prior workplace learning will be recognised where applicants do not meet the academic requirement.
Alternatively at least 5 years relevant experience at an appropriate managerial level is the requirement where the degree is not in the appropriate area.
This experience may come from a general business or organisational background, or experience working in the regulatory environment. Each proposed candidate will be considered on a case by case basis by the Programme Directors, who will interview applicants in person or by phone.
The IMI Registrar’s Office will oversee all applications and the final decision on any application rests with the Registrar. All applicants whose first language is not English will be required to show evidence of the successful completion of an IELTS or TOEFL test. The English language requirement for this programme is an IELTS score of 6.5 or equivalent
Successful participants will be awarded both the IMI Diploma in Regulatory Management and the UCC Postgraduate Certificate in Regulatory Management. The Postgraduate Certificate qualification is validated and awarded by University College Cork – National University of Ireland, Cork and is a Level 9, Minor Award on National Framework of Qualifications. By completing this programme you will also earn one-third of the credits required to be awarded the Master of Business qualification.
Next Programme Start Dates: Dublin
Spring 2019 – Dates TBC
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