Institute of Bankers
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| Type | Private university |
|---|---|
| Established | 1879 as the Institute of Bankers, 1987 as the Chartered Institute of Bankers, 1997 as the Institute of Financial Services, 2006 as ifs School of Finance, 2013 as ifs University College, 2016 as The London Institute of Banking & Finance |
| Chief Executive | Alex Fraser |
| Location |
London, United Kingdom Coordinates: 51°51′02″N 0°08′40″W / 51.85056°N 0.14444°W |
| Campus | Urban |
| Website | http://www.libf.ac.uk |
The London Institute of Banking & Finance, is a registered educational charity incorporated by Royal Charter. Established in 1879 as the Institute of Bankers, The London Institute of Banking & Finance offers a number of qualifications from financial capability for 14-19 year olds, undergraduate, Masters, and Continuing Professional Development (CPD) and executive education qualifications and programmes.
The organisation changed its name from Institute of Financial Services in 2006 and then from ifs University College in September 2016.
It was founded in 1879 as the Institute of Bankers.
It gained a Royal Charter in 1987 becoming the Chartered Institute of Bankers.
In 1993 it merged with the Chartered Building Societies Institute.
Beginning in 1996 the BSc (Hons) in Financial Services is offered as a dual award with the University of Manchester Institute of Science and Technology. It was the first professional award to be linked to a university degree.
Its name was changed in 1997 to the Institute of Financial Services. In the same year, the Certificate in Mortgage Advice and Practice (CeMAP) was introduced – this was the first qualification for UK mortgage professionals.
In 2001 the Institute of Financial Services became the first educational body in the sector to provide electronic assessment for its regulatory qualifications. Also this year, the first of the personal finance qualifications for young people in the UK was launched. The qualification, equivalent to an AS-level, was the first of its kind.
In 2005 the Institute of Financial Services acquired ProShare (UK) Ltd. ifs Proshare (UK) is a not-for-profit organisation committed to encouraging employee share ownership and providing workplace financial education.
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