*(subject to formal validation)
- Higher Certificate in International Financial Services.
- Higher Diploma in Financial Services Analytics.
Employment: You will be employed for at least 30 hours a week for a fixed term of 24 months and gain valuable work experience and a professional qualification along the way.
Earn while you learn: You will receive at least the National Minimum Wage.
A professional qualification: As part of the IFS Apprenticeships you’ll gain an internationally-recognised professional certificate or diploma.
A future: On successful completion of the IFS Apprenticeship, you can progress onto the Level 7, 8 or 9 Apprenticeship, further or higher education, or other qualifications, including Foundation degrees, a range of business and finance qualifications. It could also open up opportunities for you to progress to more senior roles within your organisation or the wider sector.
IFS apprentices are paid in excess of the national minimum wage and receive training and education valued in excess of €10k. Salaries range from €23k to €32k depending on the level of IFS Apprenticeship undertaken.
- Training fees are covered through government funding.
- Candidates will pay a modest registration fee.
Career progression opportunities are excellent for apprentices - over the course of their careers, evidence shows that those with an Apprenticeship could earn, on average, £100,000* more than those without.
Through the IFS Apprenticeships you will be gaining:essential knowledge and skills at a higher level
- valuable work experience
an internationally-recognised professional qualification
Together these will help boost your CV and create a new and exciting career path.
(*Figure based on a Cost-Benefit Analysis of Apprenticeships and Other Vocational Qualifications, University of Sheffield, 2007.)This will vary depending on a number of factors such as:
- your employer and the nature of their business
- how long you have been working
- what other sort of work experience you have gained during your IFS Apprenticeship programme
- working in the office as part of a project team.
- working at a client’s premises helping with an audit, performing specific tests to check that information is complete and accurate and presented in the way it should be
- in a classroom with other apprentices studying for one of your NCIRL exams;
- collating company information required to research and understand some of the fundamental activities of your client’s business.
- in a meeting to communicate and present your findings to others.
- Discussing your progress and development with your mentor or line manager.
- Providing your views and ideas about ways to improve a process or system.
Candidates must be eligible to undertake a two year fixed term contract and comply with minimum academic entry criteria which differs between each apprenticeship level. Please note candidates who complete their leaving certificate in 2017 will be eligible for the 2018 intake.
Candidates should carefully review their qualifications and academic experience when choosing between our two Apprenticeship levels. For more information please click here.
Candidates are pre-screened and selected from a national panel which reduces recruitment costs and as the training costs are covered by Government funding, the IFS Apprenticeships are an efficient and financially effective process. Companies can also place existing employees on the IFS Apprenticeship programme which will provide industry relevant training at no extra cost to the employer.
- Apprentices
- Employers
- The Government
- Tuition Providers
- The Apprenticeship Council
Training costs are funded in full by Government, Employers will engage suitable candidates on a two year fixed term contract at wage bands appropriate to the Apprenticeship strand.
Programme areas will be dynamic and change with the market and will include but not be limited to Data Analytics, Regtech & Compliance.