5 reasons why your employer should sponsor you to do an ICA qualification

Written by Lily Harwood-Millar on Thursday May 9, 2013

We all know that training budgets aren’t what they used to be and sometimes it can be quite a difficult process persuading your employer to fund your course. The recent spotlight on compliance/AML/financial crime prevention and having appropriately skilled and trained staff has helped many employers recognise the importance of professional qualifications but there are still those who hesitate when you mention study.

So, using terminology that senior management are familiar with, here are five reasons that may help convince them to fund your course:

1.Reduced risk
It’s all about risk. ICA qualifications are essentially centred around risk mitigation: legal, criminal, reputational – they all have huge impacts. Unless your organisation has a grasp of these risks, it can’t respond appropriately. And any risk they are unaware of, they have tacitly accepted.

2.Return on investment
What you learn now could save your organisation thousands later, both in real costs and resources. Prevention is invariably better than detection. Be proactive rather than reactive.

3.Competitive advantage
If you understand the risks, you can make an informed choice about how your organisation should respond. And then beat the crowd. Your organisation’s reputation will be enhanced, increasing the potential for new clients.

4.Improved quality output
ICA qualifications don’t just train you in academic concepts and international frameworks, they empower you to perform better by taking a practical approach to real life issues that you encounter in your day-to-day role. You will learn best practice and gain knowledge from other like-minded professionals at workshops or via online groups.

5.Commitment to professionalism
By investing in you, your employer shows commitment to the ongoing development and professionalisation of its staff – making it an employer of choice. And a motivated and empowered workforce aids staff retention. Furthermore, a development programme that incorporates external, professional qualifications should also impress their audit teams and regulators.

For more information about ICA qualifications click here or if you'd like to discuss your study options, get in touch on + 44 (0)121 362 7534 or

We also host free briefing sessions where you can find out more about the qualifications, view the course material and ask questions. 


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