Please reference the Exemption Handbook and the Exemption Guidelines for all current information on the Institutes exemptions.

Exemptions Handbook - A quick refernece guide

Exemptions Guidelines - A more detailed guide

Exemptions Guidelines - Certificate in Stock Broking

Exemptions Application Form

You can download the Exemptions Handbook and application form above. Simply click the link and the file will load into your browser window. If you do not have Acrobat Reader, it is free and can be downloaded here.

Latest Exemption Updates
Following the Jan/Feb Diet, the results of which will be brought to the March 2007 Exam Board, candidates who were not awarded the Certificate in Investment Advice but completed one or more of the course modules, namely the Financial Services Environment, Investment Planning (formally known as Investment Advice 1) or Investment Advice 2, will not be entitled to any exemptions from the new 6 module QFA Diploma.

The following exemption still applies from March 2007 onwards. Candidates who successfully completed the Specialist Certificate in Investment Advice but did not opt to transfer to QFA by the closing date of 15th October 2003 are exempt QFA Life Assurance, QFA Pensions, QFA Regulation and QFA Investment.

Candidates who completed Mortgage Practice 2 from the Specialist Certificate in Mortgage Practice pre-September 2006, will automatically receive an exemption from Mortgage Advice, however this transition arrangement is up for review in summer 2007.

Please note that if candidates haven't completed their outstanding modules of the four module QFA Diploma ('Old' QFA) by January 2007, the QFA Board Exemptions relating to the four-module QFA Diploma ('Old' QFA) are no longer applicable. For those who have completed out their QFA Diploma, through the four old QFA Diploma modules by January 2007, the old QFA board exemptions are still valid.


How do I apply for an exemption?
Step 1
Download and print off the Exemptions form at the top of this page.
   
Step 2
Read the exemption handbook and guidelines to see what exemptions you are entitled to.

For the purpose of awarding overall honours in the FSD, an exemption will be counted as the minimum pass mark in that subject.
   
Step 3
Complete the form by ticking the exemptions you are claiming. Do not forget to date and sign the form.
   
Step 4
All Applications must be accompanied by a photocopy of the Parchment and/or a transcript of results (as required) i.e. a statement from the awarding institution showing the subjects taken in each year and the grade attained.
   
Step 5
Please ensure that you fill in the Remittance Total. The Remittance Total is the number of exemptions (subjects and/or direct entry) applied for (ticked) multiplied by the exemption fee of €50 each. This is the amount due to the Institute.
   
Step 6
Payment for this amount may be made by Credit Card, Laser Card or Cheque.

Where paying by cheque, please ensure you put your name (in block capitals) and membership number on the back of the cheque.

Post-dated cheques are NOT accepted.

Do not send cash. The Institute does not accept responsibility for cash sent in the post.

If paying by credit or laser card, this is the amount that will be debited from your account. Please supply the relevant card information at the bottom of the Exemption Application Form.

Exemption Application Fees are non-refundable.
Please note that your application will be return to you unprocessed, if the form is completed incorrectly i.e. exemptions sought not identified, fee not included (or incorrect fee included) or where parchments and or transcripts are not attached.
   
Step 7
Return the forms and fees to:

Exemptions Dept
The Institute of Bankers in Ireland
1 North Wall Quay
Dublin 1