FTC Kaplan
Encyclopedia
Kaplan Financial Ltd was founded in 1958 and is one of the UK’s leading providers of training in accountancy
and financial services
. Kaplan Financial is part of Kaplan Inc., a subsidiary of The Washington Post Company (NYSE: WPO).
Kaplan Financial has been providing professional accountancy, tax and financial qualifications for more than 50 years. It serves more than 48,000 students a year, both in the UK and overseas. Kaplan Financial offers courses in 28 training centres throughout the UK as well as home study and online learning.
Kaplan Financial prepares students for professional accountancy and tax exams including the AAT
, ACA, ACCA
, and CIMA
, and investment qualifications such as CFA
, CAIA
, FRM
, IAQ, IMC and SII. Kaplan Financial also offers a range of postgraduate courses including MBA, MA and MSc, as well as management and personnel qualifications.
Kaplan Financial was formerly known as the Financial Training Company, then as FTC Kaplan after its acquisition in February 2003 by Kaplan, Inc.
, a global provider of education and training services. FTC also produced exam-focussed study materials, test prep
and courses for the American Academy of Financial Management
, AAT
, ACCA
and CIMA
that were also used widely in other training institutions in the public and private sectors. These materials are now produced by Kaplan Publishing, another company in the Kaplan group.
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
and financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
. Kaplan Financial is part of Kaplan Inc., a subsidiary of The Washington Post Company (NYSE: WPO).
Kaplan Financial has been providing professional accountancy, tax and financial qualifications for more than 50 years. It serves more than 48,000 students a year, both in the UK and overseas. Kaplan Financial offers courses in 28 training centres throughout the UK as well as home study and online learning.
Kaplan Financial prepares students for professional accountancy and tax exams including the AAT
Association of Accounting Technicians
The Association of Accounting Technicians, or AAT, is an accountancy organisation with over 120,000 members worldwide. The AAT is a technician level qualification which entitles those who have completed the exams and obtained relevant supervised work experience to call themselves associate...
, ACA, ACCA
Association of Chartered Certified Accountants
Founded in 1904, the Association of Chartered Certified Accountants is the global body for professional accountants offering the Chartered Certified Accountant qualification . it is one of the largest and fastest-growing global accountancy bodies with 147,000 members and 424,000 students in 170...
, and CIMA
Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.CIMA is one of a number of professional...
, and investment qualifications such as CFA
Chartered Financial Analyst
The Chartered Financial Analyst Program is a graduate level self-study program offered by the CFA Institute to investment and financial professionals...
, CAIA
Chartered Alternative Investment Analyst
Chartered Alternative Investment Analyst is a professional designation offered by the CAIA Association to investment professionals who complete a course of study and pass two examinations. The "alternative investments" industry is characterized as dealing with asset classes and investments other...
, FRM
Financial Risk Manager
The Financial Risk Manager designation is an international professional certification offered by the Global Association of Risk Professionals...
, IAQ, IMC and SII. Kaplan Financial also offers a range of postgraduate courses including MBA, MA and MSc, as well as management and personnel qualifications.
History
Kaplan, Inc.
Kaplan, Inc. is a for-profit corporation headquartered in New York City and was founded in 1938 by Stanley Kaplan. Kaplan provides higher education programs, professional training courses, test preparation materials and other services for various levels of education...
, a global provider of education and training services. FTC also produced exam-focussed study materials, test prep
Test preparation
Test preparation or exam preparation primarily refers to educational courses, tutoring services, and educational materials/learning tools designed to increase students' performance on standardized tests, particularly entrance examinations used for admissions to institutions of higher education,...
and courses for the American Academy of Financial Management
American Academy of Financial Management
The American Academy of Financial Management is a USA-based board of standards, certifying body, and accreditation council dedicated to the finance sector and management professionals....
, AAT
Association of Accounting Technicians
The Association of Accounting Technicians, or AAT, is an accountancy organisation with over 120,000 members worldwide. The AAT is a technician level qualification which entitles those who have completed the exams and obtained relevant supervised work experience to call themselves associate...
, ACCA
Association of Chartered Certified Accountants
Founded in 1904, the Association of Chartered Certified Accountants is the global body for professional accountants offering the Chartered Certified Accountant qualification . it is one of the largest and fastest-growing global accountancy bodies with 147,000 members and 424,000 students in 170...
and CIMA
Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.CIMA is one of a number of professional...
that were also used widely in other training institutions in the public and private sectors. These materials are now produced by Kaplan Publishing, another company in the Kaplan group.
Acquisitions
Major acquisitions in the last decade include:- 2003—UK Accountancy Tuition Centres Ltd (ATC), provider of accountancy and professional training in the UK
- 2003—Emile Woolf Colleges Ltd., provider of CIMA and ACCA training
- 2003—AT Foulks Lynch Ltd., publisher of accountancy training materials for ACCA, CIMA, AAT and CAT syllabi
- 2003—Portman College of Management, a Newcastle-based professional school offering management training programmes
- 2008—Hawksmere Limited, a London-based training and conference provider
- 2009—West of England Language Services Limited (WELS), an international group of English language schools located in the US, AustraliaAustraliaAustralia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, and the UK