Unlock Free CIMA® Membership Until 2027!
Register in October for up to 3 months free membership on the Self-Tailored Learning Pathway.
Start your journey to the CGMA designation with exclusive savings.
Unlock Free CIMA® Membership Until 2027!
Register in October for up to 3 months free membership on the Self-Tailored Learning Pathway.
Start your journey to the CGMA designation with exclusive savings.
As an apprentice, you’re a productive, motivated, skilled and qualified member of your employer’s workforce. And, by choosing to train apprentices with CIMA, your employer is ensuring that their team is comprised of future-ready finance professionals, capable of adapting to the ever-changing needs of the global market.
When your employer delivers your apprentice training in partnership with CIMA, they set you on a journey to Chartered Global Management Accountant (CGMA)status, the global designation that confirms a finance professional’s commercial skills, strategic vision and transformational mindset.
Any company can employ new staff as apprentices. The only requirement is that the person is at least 16 years old. New apprentices can include graduates and school leavers.
Even if employees have been with the company for a while, they can be trained as apprentices through CIMA. It’s a great way for businesses to upskill their current workforce.
Even if an employee has already started their CIMA Qualification, they can switch to qualifying as a CGMA through an apprenticeship. They just need to have at least 12 months of their qualification left.
Funding available: up to £8,000, plus incentive payment if hiring a new apprentice
The Level 4 Professional Accounting Technician Apprenticeship is ideal for employees who are just starting out in accounting, whether they’re new to the world of work or want a career change. It’s the first step of an apprenticeship journey that could take them all the way to earning the CGMA designation.
During Level 4, apprentices will study the Certificate in Business Accounting (Cert BA), our entry level qualification for people with little or no accounting background. It’s a qualification designed to give their career a robust foundation in business and finance.
Studying the CIMA Cert BA will give apprentices the business and finance skills for now and into the future, including accounting, management accounting and business principles. It also forms a formal entry route into the CGMA Professional Qualification, which can be studied as part of the Level 7 Accountancy / Taxation Professional Apprenticeship. Once apprentices have successfully completed both qualifications, they’ll be awarded the Chartered Global Management Accountant (CGMA) designation.
Funding available: up to £21,000
If employees have some experience working in accounting or finance, or they have a related degree, they can progress their career with the Level 7 Accountancy / Taxation Professional Apprenticeship. As part of Level 7, apprentices will study the CGMA Professional Qualification —recognised worldwide as the most relevant global finance qualification for a career in business.
The CIMA Professional Qualification focuses on employability, offering a syllabus that is truly competency based. It will enable employees to develop technical, finance and business knowledge, as well as people and leadership skills.
The Professional Qualification is proof that employees not only have the knowledge, but also the competencies and skills of a Chartered Global Management Accountant (CGMA).
Whether your employer already has apprentices or not, approaching them to discuss an apprenticeship for yourself may feel like a daunting challenge. Who should you talk to? How do you pitch a business case? Here are a few pointers to help.
Apprenticeships are often associated with school leavers new to the world of work. But anyone over the age of 16 can do an apprenticeship. It’s a brilliant way to upskill staff, even if they’ve been in the position for a while.
Apprenticeships are well-funded, no matter how big or small the company. If your organisation is big, it’s likely that they’re already paying the apprenticeship levy — it’s 0.5% of an employer’s annual bill, if that bill is at least £3 million.
The levy means big employers are essentially paying into a big central pot that funds apprenticeships nationwide. By utilising the levy, the cost of learning to your employer is £0. That’s right: no extra cash is lost from the payroll.
And if you work for a small business? Those with a total annual pay bill of less than £3million pay just 5% of the cost of their apprenticeship training and the government pays the rest.
It’s a rule of apprenticeships that 20% of the role must be off-the-job training – but that doesn’t mean the apprentice has to be offline not doing their job. Employers just needs to show that the employee is learning for 20% of their time during their apprenticeship. So things like shadowing staff, giving the apprentice a stretch project, or being mentored by a more senior colleague all count towards that 20%.
Forget ping pong tables and free pizza on Fridays: what better way to show your employees how much you care about them than by investing in their learning and their future? By supporting staff through an apprenticeship, they’re shaping an employee who is likely to stick with the company for years to come – and who will put all those skills and knowledge acquired from their apprenticeship straight back into the business.
It can be difficult for employers to make an informed decision about an apprenticeship programme. We’ve collated the answers to some of the questions we get asked a lot to help you build a business case for your employer.
We asked business leaders to share their experience with the CIMA Apprenticeships Programme
We actively encourage our team to take the apprenticeship option. The more they can develop themselves professionally, the better service we can provide for the rest of the Trust.
Peter Chapman
Deputy Director of Finance
Chelsea and Westminster NHS Foundation Trust
All apprentices who have successfully completed the scheme to date have been directly appointed into permanent roles across TfL Finance.
Kevin John
Transport for London
“The CIMA programme provides a fantastic range of knowledge to complement the experience our apprentices gain in our programme”
Neil Sansbury
Ramboll
The UK government has introduced payments to qualifying employers for any eligible employee of any age who start their apprenticeship.
By working with the best training providers, CIMA ensures that employers will receive only the best apprenticeship programme
Discover how our apprenticeship programme can help develop your team
Explore how a CIMA Apprenticeship will help you achieve the CGMA designation