Undergraduate Diploma in Anti-Money Laundering

Program Overview

This program provides a comprehensive understanding of money laundering, terrorist financing, and sanctions. It covers topics such as customer due diligence, risk-based approaches, and compliance monitoring. Students can choose from optional modules in financial management, macroeconomics, and fund administration. The program is assessed through formative and summative assessments, including essays, reports, and presentations.

Program Outline

Outline:

• Module 1: Introduction to Money Laundering, Terrorist Financing and Sanctions
• Learning Hours: 250
• ECTS Credits: 10
• Aim: To provide an understanding of the concept of money laundering and its various forms, as well as the different types of sanctions and their importance.
• Module 2: Anti-Money Laundering and Combating Terrorist Finance
• Learning Hours: 250
• ECTS Credits: 10
• Aim: To provide an understanding of customer due diligence, politically exposed persons, monitoring client activity, and reporting suspicious activity.
• Module 3: Combating Terrorist Financing and Anti-Money Laundering in Practice
• Learning Hours: 250
• ECTS Credits: 10
• Aim: To provide an understanding of the Financial Action Task Force, the European Money Laundering Directives, and the legislative and regulatory regimes regarding anti-money laundering and terrorist financing.
• Module 4: Management Obligations for Money Laundering and Terrorism Financing
• Learning Hours: 250
• ECTS Credits: 10
• Aim: To provide an understanding of risk-based approaches, the formulation of anti-money laundering and terrorist financing policies and procedures, and compliance monitoring.
• Module 5 (Optional): Managing Finance
• Learning Hours: 200
• ECTS Credits: 8
• Aim: To provide an understanding of financial management skills and their application in assessing the viability of investments and projects.
• Module 6 (Optional): Macroeconomics for Finance
• Learning Hours: 200
• ECTS Credits: 8
• Aim: To provide an overview of the economic theory relating to financial markets and the impact of macroeconomic factors on financial services.
• Module 7 (Optional): Fund Administration
• Learning Hours: 200
• ECTS Credits: 8
• Aim: To provide an overview of the funds industry, including the local legal and regulatory framework, fund accounting and valuation principles, and shareholder registry, with an emphasis on compliance and risk management.

Assessment:

• Formative assessments throughout the modules:
• Help students identify their strengths and weaknesses and target areas for improvement.
• Help lecturers recognize where students are struggling and address problems immediately.
• Summative assessments:
• Designed according to the guidelines of each module specification.
• Enable learners to demonstrate achievement of learning outcomes across the individual elements of the program.
• Range of assessments includes essays, reports, presentations, and structured assignments.
• Assessments:
• Graded based on assignments for each module (one or two per module).
• Assignment criteria related to module topics and outcomes.
• Grading:
• Pass, Merit, Distinction
• Resits:
• Permitted for each assignment and module.
• Maximum of two resits per student.
• Grading for resits: Pass only.

Teaching:

• Flexible classroom-based method.
• Variety of course materials, case studies, discussions, presentations, and problem-solving activities.
• Interactive lectures and hands-on activities.
• Enquiry-based learning and problem-solving activities build on academic study skills and concepts.
• Introduction to research and online tools to enhance knowledge and skills.
• Feedback provided throughout the course.

€3,500 Prices for Non EU applicants differ