national finance apprenticeship scheme works to nurture top talent in the public sector


CIPFA, the Chartered Institute of Public Finance and Accountancy, is today announcing the next phase of its national finance apprenticeships programme during UK National Apprenticeships Week. The scheme, in its second year as a national programme, offers training in financial management to apprentices in roles in both public service and private sector organisations.

The scheme aims to make a real difference to the employment opportunities of talented young people in local communities, at the same time as offering employers across sectors the chance to nurture the skills and abilities they need as an organisation in apprentices they take on.

CIPFA manages recruitment, payroll and training through the scheme offering the apprentices a bespoke Association of Accounting Technician's (AAT) level 4 Diploma, plus bespoke training throughout the process, leaving the employer able to focus on providing valuable experience and work opportunities for the apprentice.

The Chief Executive of CIPFA, Rob Whiteman said on the scheme:

“Government figures show that there is an increasing appetite for apprenticeship schemes with 440,000 starting in England in the 2013-2014 academic year. And with tuition fees topping £9,000 a year, it’s no surprise that young people are looking to explore different avenues into the world of work.

“CIPFA’s one year apprenticeship scheme is a great opportunity for young people who are looking for an alternative route into finance without being saddled with the long-term debt of a university degree. It also open to mature applicants who may be looking for a new opportunity or change in direction. At the same time the scheme provides a cost effective and low risk way for the public sector and businesses to invest in finance talent and in the good financial management of their organisation.”  

Rob Whiteman, CEO of CIPFA and Mike Owen, CIPFA President will be hosting three regional launch events for employers to hear first-hand views and experiences from current employer partners and apprentices. The events will be held in London, Manchester and Birmingham.