International Financial Services (IFS) Apprenticeships coming this September11 July 2017
The Financial Services Ireland Apprenticeship Consortium and National College of Ireland are delighted to announce that they will be commencing delivery of two International Financial Services (IFS) Apprenticeships this September. The design & the development of the programmes has been very much influenced by ongoing collaboration with companies such as State Street, Citi, Mediolanum, Bank of America Merrill Lynch, AIB, Bank of Ireland, Aon to name but a few. The IFS Associate is targeted at entry level apprentices and incorporates a Higher Certificate in International Financial Services at Level 6 on the NFQ. The IFS Specialist is targeted at career changers & returners or those with experience in other sectors looking to make a switch. It incorporates a Higher Diploma in Financial Analytics and is at Level 8 on the NFQ. Both apprenticeships are 2 years in duration with 4 days a week spent on the job and 1 day a week in college. Both programmes will attribute learning credits for work based learning facilitated by the employers.
The response from potential IFS apprentices has been excellent with apprentice screening events having already taken place. Excellent and diverse range of applicants who, in the main, said that they found the financial services sector difficult to break in to and valued the apprenticeship approach. Applicants will be meeting with IFS employers in the coming weeks.
Minister Michael D'Arcy as newly appointed Minister of State for Financial Services strongly voiced his support for these new apprenticeships as a sustainable and accessible talent pipeline for the sector. The Minister pointed out that the IFS sector has spread outside of Dublin and is also a good news story nationally. National College of Ireland President Gina Quin commented that the college was very well placed to be the national co-ordinating provider for the IFS apprenticeships based on the college's long history in accessible work based learning based on current & future skills needs. Marc Coleman, Director of Financial Services Ireland, stated that in a post Brexit environment Ireland needs to continue to attract IFS jobs to Ireland and the new IFS apprenticeships are a part of that proposition.
Danny McCoy, CEO of Ibec encourages more companies to become actively involved in apprenticeships as the government have provided industry with a system and funding to enable apprenticeships to become more main stream in Ireland.