Ifs University College to change name again

Ifs University College to change name again

Financial education provider Ifs University College is to change its name to The London Institute of Banking & Finance in September.

The decision by the trustees to change the name of the organisation followed a strategic review last year and concerns employers were unclear about the type of course offered by ifs University of College.

The latest rebrand comes just three years after ifs School of Finance rebranded to ifs University of College.

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Formerly The Chartered Institute of Bankers, the roots of Ifs University College stretch back to 1879.

It gained its Royal Charter in 1987 and was granted University College title by the Department for Business Innovation and Skills in 2013.

The change will take effect on Thursday 15 September.

Alex Fraser, principal at Ifs University College, said: “Our new name is an exciting development for everyone connected with the organisation.

“It reflects our vision to be an internationally recognised organisation delivering outstanding financial education and makes our purpose and remit extremely clear.

“The new name will help employers to understand the highly relevant, professional and applied nature of our programmes which in turn will enhance the recognition that our students, members and alumni receive for their achievements.

“It will also help prospective students across all of our programmes to understand the unique role that we play in supporting their lifelong careers in banking and finance.”

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Dennis Hall, chief executive of London-based Yellowtail Financial Planning, said: “I have heard of them but I have not used them.

“I went through the Chartered Insurance Institute to get their qualifications and continued down that route.”