• Hi Cass


     


    They look to be roughly similar to what you already have, the CPP.  I saw you'd posted another thread about this too.  If you are looking to develop your HR career by qualifications, in my opinion you need to be looking at a level 5 qualification next.



  • Hi Michelle


    Thanks for your take on this.  Unfortunately, I am not in a financial position to do a Diploma but thought that these looked like they might bridge the gap between the two.


    I need to do something

  • Hi Michelle,

    I'm in the same boat. Would love to do the Level 7 qualification but I simply can't afford it! My attempt to get funding from work seems to be falling flat on its face. I found out about a university open day at the end of the month I'm going to go to, wondering if I can get another student loan but don't know what the rules are about loans if I've already got a degree....fingers crossed this open day has some answers for me.

    I'm holding out for a lottery win!

    Hannah

  • Sorry, meant to address the last post to you, Cass!

  • Hi Michelle


    As it has been a while since I did the CPP I just had a look at the syllabus.  I understand why you felt it was the same however, the difference between the two is that the CPP is an introduction to HR whilst the courses I was looking at were from a management perspective. Of course,, they cannot replace the Diploma but I feel I need this perspective to support the experiences I have had at a more mid level HR role and to enable me to understand the 'theory' behind the practice more.  In future I would like to do the Diploma level 5 and I hope to find a company that will support me in this going forward.


     Hannah


    I empathise with you there - it is a shame that your company will not invest in you.  You mention student loan, would your work not be able to lend you the money instead?


    I'm with you there on the lottery win lol :-) 


     

  • Chris

    | 37 Posts

    Chartered Member

    8 Jan, 2014 15:11

    Hi all


    Not that I'm encouraging anyone to get themselves into heaps of debt, but if it's a Diploma or a Masters that your heart yearns for - and if nothing else will cut the mustard - one option that might be open to you could be a Career Development Loan. 


    These work essentially just like a personal loan but they're intended to cover the cost of training or studying, and the interest rate is set at 0% until you graduate (I think the deal is that the government subsidise the interest on the loan while you study).  Note though that this is best when all you want to do is spread the cost of your studies over the exact period of your studies.  So you would take out a loan for £9k, say, and use that to pay your admission fees, and then pay back the loan in monthly instalments during your time at college / uni.  Once you graduate, the interest on any remaining balance can kick-in big-time, so you need to make sure that you pay it off quick-sticks on graduating, or the interest can get preposterous.


    It's an option I looked into quite seriously when I was going back to do my post-grad and it was actually recommended to me by an independent financial adviser.  Now, in the end, I had a bit of a change in circumstances and ended up not needing a career development loan - and therefore I can't really comment on how exactly these products work in practice from beginning to end.  All I know is that they're a good option to help you spread out the course fee payments.


    A number of UK high street banks offer these types of loan - I think Barclays and the Co-operative are the two that participate in the government's scheme, but other banks also offer similar CDL products (I remember looking at Santander and RBS at the time but these are more likely to be personal loans badged under a 'development' label) - there's nothing wrong with that provided that you know what you're getting up front. 


    Anyway, if it's something you're interested in, I'd recommend taking a look at http://www.moneysavingexpert.com/students/career-development-loans to read about them warts and all, and you can find out more about the government scheme and helpline by going to https://www.gov.uk/career-development-loans/overview.


    Hope this helps - it's simply an option that you might consider if you want the qualification and can't afford it up front.  As with all financial matters, it's advisable to speak to an expert to make sure that any product you take on (especially with a loan) is the right fit for you, that the repayments are worked out and affordable, and that you clearly understand the product.


    Whatever you choose to do, I wish you all the very best.


    Chris

  • Chris


    Thank you kindly for your post.  This is definately something I will look at in the future however, it is not right for me just now - I am in a temporary role and do not have the certainty of when future employment will arise. 


    Meanwhile thank you for your well wishes - All the best to you too.


     

  • Keith

    | 8852 Posts

    Chartered Fellow

    9 Jan, 2014 09:21

    Cass

    personally I doubt these courses will be seen by an employer as the differentiator to get you the job. They are likely ( in my opinion ) to be jumped over by most employers.

    If you are convinced they will develop you personally then maybe worth  doing but just wouldn't expect them to open any doors.

    Good luck

    keith 

  • Chris

    | 37 Posts

    Chartered Member

    9 Jan, 2014 12:55

    Hi Cass - no problem at all, I'm happy I could help - it's maybe just some food for thought for the future.


    It struck me that I never really answered your original question about those two particular course options - and I'd agree wholeheartedly with Keith - I personally doubt that they'd give you 'the edge' that I'm guessing you're after in your job search.


    One thing you could consider - and I know I'm not alone in recommending this to lots of people here on these forums and elsewhere - is getting involved as a volunteer with your local CIPD branch.  It's a great way to build a network of folks in the HR world with interesting stories to tell about their pathways into HR, OD, L&D, etc.  The branch network doesn't really exist to find people jobs - but their aim is to support local members with events geared towards personal development, and to raise professional standards for HR professional, so your personal goals and the goals of the branch network seem to be aligned.


    Another thing that you might consider is diversifying slightly, by undertaking a course in something that intersects HR but isn't in the standard HRM spectrum of studies - for instance a business law course, or even a language course or other professional / vocational qualification in the sector you're interested in working in.  Right now I'm thinking about either undertaking a series of professional financial service industry qualifications (this is relevant to me because I already work in the finance sector and can see myself working here in future) or maybe doing a short Law course of some description - neither of these would be particularly focussed on HRM, but both would be fascinating to learn about and would have the added bonus that they might just give me an 'edge' over others in the roles / sectors I see myself applying for in the future. 


    Chris

  • Hi Chris


    thank you once again for taking the time to respond to my question. 


    I think I have to weigh up doing something that is affordable, and doing nothing.   I sadly appreciate that they will not give me the academic edge in terms of qualifications but at the very least I hope it will show an individual who is interested in self development - as much as finances permit :-)  and will keep my brain ticking on a bit. 


    I did investigate 'other' courses of particular interest but they too are not cheap and some require attendance at college/uni which is just not feasible for me at the moment.


    In the meantime thanks for the idea of the local CIPD branch - much appreciated.


     


     


     

  • Dear All


    Just out if interest, do people think a module on say Employment Law would be make an individual 'stand out more' from the crowd than either of those courses in the initial post?


    Thanks in advance 


     

  • I am currently studying my CIPD qualification through ICS Learn. I am paying for the course on a monthly basis interest free! This spreads the cost and doesn't cost any more, maybe this would be worth considering?
  • Hi Charlotte


    Once I gain permanent employment then perhaps it might be an option.  At the moment, due to the temporary nature of my role, it is not an option


    Thanks for the info though 


     

  • Keith

    | 8852 Posts

    Chartered Fellow

    21 Jan, 2014 10:12

    You asked

     Just out if interest, do people think a module on say Employment Law would be make an individual 'stand out more' from the crowd than either of those courses in the initial post?

    Basically no. A module wouldn't make any difference at all to me. 
More Content