National Apprenticeship Week 2018

We are committed to personal learning and continuous development here at K2 Management Solutions which is why we are supporting this year's National Apprenticeship Week 2018.

We currently employ two apprentices in our office who will be sharing their experience of studying for a career in Accountancy later on this week.

Here's a summary of the types of Apprenticeship programmes available in finance and what you need to do to secure a position.

UK Bank and Finance

The UK is a world leader in the banking and finance industries, and has a large number of well developed apprenticeship schemes offering professional qualifications with detailed progression routes.

Starting salaries range from £15,000 to £17,000 which ramp up quickly to the £18,000 to £20,000 range after a year or so. For example, an advanced apprenticeship in Advising on Financial Products, which covers learning to advise on mortgages, insurance, or other financial matters like pensions and savings, will involve a technical certificate, an NVQ/SVQ exam, and a Key, Core or Essential skills module which then leads to job roles as a financial, mortgage or insurance adviser with a starting salary of £19,000 to £20,000.

Intermediate and Advanced Apprenticeships schemes are available throughout the UK;

• Apprentice Finance Assistant

• Apprentice Book Keeper

• Financial Services Administrator

• Mortgage Adviser Apprentice

• Degree-level apprentice schemes with banks and financial consultancies

• Financial Planning Assistant Positions

You can start an Apprenticeship if you meet the following criteria;

• Have been a UK/EU/EAA resident for three years or more

• Have left full time education when the apprenticeship you are applying for is due to start.

• Have at least 4 A-C grade GCSEs including English and Maths.

Opportunities are nationwide but professional finance internships for those interested in trading will be concentrated in London, close to the major stock markets.