Description
This Foundation Apprenticeship gives pupils skills to prepare for a financial services career. You can support them to get a head start in business, accountancy and banking, for future roles such as:
- banker
- investment banker
- financial advisor
- pensions specialist
- insurance broker
- insurance underwriter
The qualification
SCQF Level 6
The Foundation Apprenticeship in Financial Services includes:
- a National Progression Award (NPA) in Financial Services at SCQF Level 6
- 3 units of an SCQF Level 6 in Providing Financial Services
- a work placement
Example of course units include:
- NPA
- Financial services: an introduction
- Financial services: promoting positive customer relationships - SCQF
- Develop yourself to improve and maintain workplace competence in a financial services environment
- Develop productive working relationships in a financial services environment
Entry requirements
It's expected that pupils will have an interest in the sector. They don't need formal qualifications but should have a good level of maths and written and spoken English.
The pupil would select a Foundation Apprenticeship as a school subject choice. Then they'd go through a recruitment process arranged by the college, or other learning provider. It's great if you can get involved, too.
Progression and development
Pupils will get the skills, knowledge and competence to help them move on to:
- a Modern Apprenticeship
- more vocational training
- further study at school or college
These will help them to prepare for working in financial services.
If you're looking to hire, Foundation Apprenticeships help you spot talented pupils. You can assess their skills on a longer term than a regular interview process would allow.
Your role
As an employer, you can decide what level of involvement you have in the apprenticeship. You can discuss this with the college or other learning provider who's working with you.
There’s no financial cost to you as an employer because the learner is still at school. But investing your time can bring rewards, with access to talented young people in your workplace.
The work placement
Pupils study a Foundation Apprenticeship as one of their school subjects, usually over S5 and S6.
During the apprenticeship, each pupil must complete a work placement of about 1 day a week in S6. That helps them build the evidence needed to complete the units from the SVQ. The placement element will develop throughout the programme. This gives pupils the best opportunity to develop their practice.
What's next?
Fill out our contact form and we'll connect you with your local learning provider who can talk to you about working with Foundation Apprenticeships.
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