The qualification was announced in a blaze of publicity in May 1999 in a move designed to help the institute compete with qualifications such as the MBA.
But despite initial interest, take-up has been disappointing.
And at today’s meeting of the institute’s ruling council, one of its members, Douglas Llambias, said: ‘I would like to propose the council consider dropping the idea of the advanced diplomas because only 21 people have come forward, and no one in the last year.’
In the discussion that ensued concerns were raised over whether enough members had heard of the new qualification and whether it had been marketed enough. It was agreed that the issue would be discussed further at a later date.
The diplomas are intended to be awarded to members with five or more years of high-level experience who had demonstrated ‘outstanding ability within the taxation, corporate finance or IT sectors’.
They involve no exams and are based on a three-hour interview with fellow experts.
Concerns over the low level of interest in the diplomas and the possibility of a rethink over their operation were first revealed by Accountancy Age in April.
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