Use your professional experience to become chartered
Chartered status is the highest level of professional excellence a finance professional can reach – and you could be closer to achieving it than you think.
If you're an experienced banking professional, you probably have more expertise than you realise. But how often have you had time to review your successes or what you might have done differently with hindsight?
PER is your chance to do just that – only with the support of a personal tutor. It’s a flexible route to chartered status that you can fit around your other commitments.
If you have at least ten years relevant industry experience – including a minimum of five in banking and finance – you’re eligible to apply.
PER is Level 6 and therefore degree equivalent. That, along with chartered status, will open the door to new opportunities.
Chartered status comes with an eye-catching digital badge, which you can use on your website and in other digital communications. Existing and prospective clients can click on this to see the skills, knowledge and ethos that your chartered status demonstrates.
"As a relationship manager, you deal with other professionals on a regular basis – accountants and solicitors who all have professional qualifications. Having achieved a chartered qualification underlines your professionalism and experience."
Sarah Drake
Becoming chartered through a reflective process?
You’ll have a year to complete PER, although it’s possible to do it in as little as three months. However long you take, your tutor will support you every step of the way. You’ll choose the topics that interest you and focus on your own specialisms.
If successful, you’ll choose four topics that interest you:
one based on strategic issues taken from our Level 6 Strategic Management & Innovation in Banking qualification, and
three more that focus on your specialisms.
With your tutor, you'll be able to break down the work into manageable chunks and create a schedule that suits you.
Over the PER process, you’ll:
choose, then analyse, key moments in your career
reflect on what you’ve learnt in your working life
demonstrate your skills and technical knowledge, and
submit four pieces of coursework.
You'll submit four written reflective pieces based on a professional workplace experience and the chosen theme or topic. You’ll also get feedback after each submission so that you become progressively more familiar with – and better able to complete – the tasks ahead of you.
Support
During your studies, you'll have access to:
up to ten hours of tutor support
help choosing and demonstrating your professional knowledge and experience, and
guidance on how to effectively reflect on your practices.
While studying with us, you’ll automatically become a Member of LIBF (MLIBF). That means you’ll also have access to our global professional networking events and careers support.
Assessment
You’ll complete four reflective pieces of coursework – each about a specific working experience and what you have learned from it. These will be approximately 3,000 to 3,500 words each and assessed by two assessors, including an industry practitioner.
What are the benefits of doing PER instead of qualifications?
Everybody is different. If you don’t enjoy exams, PER allows you to gain professional recognition for your achievements and the knowledge you’ve gained throughout your banking career. It's a much more personal process than a formal qualification.
Hear from our students
James Hobbs, Head of Digital Performance and Risk, UK CMB Digital from HSBC has taken our Professional Experiential Route (PER) where he reflected on his career and gained chartered status.
Watch the full video here
Before you apply
If you would like to discuss the PER process in more detail before you apply, please email corporate@libf.ac.uk and a member of our team will be in touch.
Fees
The application fee for PER is £295.
The balance of £2,005 will be payable once you receive an email to confirm your application has been successful. This will cover tutor support, assessment, and your first-year chartered membership fee.
Resit fee
£340
Resubmission fee
£225
How do I apply?
You just need to complete our online application form.
You’ll be asked to submit your CV and a personal statement (500 words) outlining why you’re applying as well as your skills, personal qualities, and achievements.
Start your online applicationWhat happens next?
If your application is successful, we’ll ask you to pay the fee in full and then you’ll be allocated a tutor who will be in touch to discuss the next steps.
Contact us about your membership
If you have any questions about our membership, please contact our membership team by emailing membership@libf.ac.uk.