Today we launch enrolments for the new MCT – Advanced Diploma. All of us at the ACT are enthusiastic about the major changes we have made to the old MCT qualification. With enrolments open we mark a key stage in completion on schedule of what has been a major project for us.
The new MCT – Advanced Diploma reflects a radical new approach to the type of learning materials we provide, the way we deliver these, the tuition support and the formal assessment leading to award of the qualification. Through these changes we have still retained the core values and focus of the previous MCT.
The work on MCT is the second stage in the comprehensive programme to review our professional qualifications. As with the changes already made to AMCT there has been rigorous research to support our proposals and the ACT’s Education Committee and Council have both worked closely with us to confirm the strategic focus of the changes we are making.
Associate Members of the ACT will have received a letter from me explaining the background to the new MCT – Advanced Diploma and how the changes will provide a more flexible way of studying for what we consider is the gold standard qualification in treasury, including risk and corporate finance. An article in the October edition of The Treasurer also outlines the developments we have made, and full information is also available on the website at www.treasurers.org/mct.
The changes to the MCT – Advanced Diploma reflect the growing demand in the UK and internationally for a flexible, practical qualification aimed at those working in senior financial roles. We have incorporated a contemporary approach to learning. The qualification continues to provide the highest level of understanding in treasury, risk management and corporate finance, but the updated syllabus will now be delivered online with full tutor support using a variety of assessment methods rather than just the final exams.
The work to create the MCT – Advanced Diploma has been a major project within the ACT and has involved a large number of individuals externally as well as internally. I should in particular thank Sarah Davis from our Education team, who has had the overall project responsibility. When you look at the content and approach of the qualification I am sure you will agree that it makes a major contribution to keeping the ACT at the forefront of professional education for all involved in treasury including risk and corporate finance.
I would like to mention that we are also about to launch The Treasurers’ Conference for 2007. We have an outstanding programme planned for Edinburgh between 2nd and 4th May. Do think about booking travel as soon as possible – the best rates for flights are available now and no doubt these will go as demand for those dates starts to kick in.