Government funded route to chartered accountancy
The ICAEW Apprenticeships provide a route into chartered accountancy which is ideal for school leavers, career changers, graduates or as a way to upskill staff. They are available in England and Wales with government funding provided towards training costs.
Alex Lowden, Semi-Senior (Trainee) at BDO explains why the Higher Apprenticeship route was the perfect choice for him.
There are two ICAEW Apprenticeships. The ICAEW Apprenticeship in Accountancy (Level 4) combines full time employment and work experience with studying for the ICAEW CFAB qualification. It can be completed in 1-2 years. The Level 7 ICAEW Apprenticeship enables students to be employed full time and gain work experience while working towards the ACA qualification. It can be completed in 3-5 years.
Here’s why it’s a good choice for all:
- Employers: Up to 90% funded if you are not a levy-paying employer (in England).
- Employers: Cost saving – no National Insurance payable on Level 7 apprentices who are under 25 (in England).
- Students: Start a career without going to university and incurring student debt.
- Students: Gain work experience and responsibility at an earlier stage in your career.