Impact of studying for ICM qualifications

Feedback from learners and employers demonstrates the significant value of qualifications.

 

Individuals

ICM learners value the raised levels of expertise gained from studying for qualifications[1]

Rank

 

Score

1

Improved understanding of the general environment in which I work

92%

2

New knowledge and skills which I have used to enhance my work performance

91%

3

Improved ability to communicate in the business environment

88%

4

Raised interest in gaining further qualifications

87%

5

Improved employment opportunities

86%

6

Increased confidence

85%

7

Increased motivation towards work

83%

8 =

Better chance of promotion

79%

8 =

Improved earning capacity

79%

10

Higher status at work

66%

 

Further feedback from learners

Employers

Employers value the raised levels of expertise and motivation gained from employees studying for qualifications [2]

 

Training managers

Operations managers

A

B

D

Ave

Rank

A

B

C

Ave

Rank

New knowledge and skills which they have used to enhance their work performance

3.0

5.0

5.0

4.3

3=

4.2

3

3.0

3.4

3=

Improved understanding of the general environment in which they work

3.0

4.0

5.0

4.0

6=

4.2

4

4.0

4.1

1

Improved ability to communicate in the business environment

4.0

5.0

5.0

4.7

1=

3.7

3.5

3.0

3.4

3=

Increased confidence

4.0

5.0

4.0

4.3

3=

4.2

2.5

4.0

3.6

2

Increased motivation towards work

4.0

5.0

5.0

4.7

1=

4.2

2

4.0

3.4

3=

Raised interest in gaining further qualifications

4.0

4.0

4.0

4.0

6=

3.5

2

2.0

2.5

7

Higher status at work

3.0

4.0

4.0

3.7

9

3.5

2

1.5

2.3

8

Better chance of promotion

3.0

4.0

5.0

4.0

6=

3.5

2.5

3.0

3.0

6

Increased likelihood of a pay increase

5.0

4.0

4.0

4.3

3=

3.3

2.5

0

1.9

9

Average score

3.7

4.4

4.6

4.2

 

3.8

2.7

2.7

3.1

 


1. [1] Based on the response from 431 candidates entering an assignment or written examination in June 2009 to the question, 'As a result of studying for this ICM unit, to what extent do you feel you have gained the following?

[2] Based on responses from training and operations managers in the telecoms sector in 2010 to the question, 'As a result of studying towards qualifications to what extent do you believe that your credit team have gained the following?'

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