Financial Services
FAQs
What is industry training?
What are national qualifications?
National qualifications are nationally recognised qualifications comprising of unit standards. These qualifications are registered on the National Qualifications Framework administered by the New Zealand Qualifications Authority [NZQA].
What are unit standards?
Unit standards specify learning and performance outcomes in terms of the required standard of knowledge and/or performance. Unit standards are the building blocks of a national qualification and they provide the basis for the design of assessment. Unit standards do not describe the delivery of learning or training programmes.
What is a credit?
A credit identifies the commitment involved in gaining a unit standard or qualification. One credit roughly equates to 10 hours of training, practice or assessment.
Can we train in our workplace?
Workplace training and assessment is critical for anyone to gain these qualifications.
How does assessment work?
Assessment takes place against specific outcomes contained in the unit standards, and candidates must produce evidence of their competence against each of the performance outcomes contained in the unit standards.
What is evidence?
Evidence is a candidate's documentation of work completed that indicates competence. This evidence may include; testimonials, examples of work completed and prior qualifications.
