How does a Degree Apprenticeship work?
A degree apprenticeship offers you the opportunity to employ and develop staff through your apprenticeship levy payments (as a levy paying employer), or with government funding support for smaller organisations. Your apprentices can be a new recruit or existing member of staff. During their apprenticeship, your employees will have the opportunity to receive off-the-job training for the equivalent of 1 day per week, obtain a degree and apprenticeship qualification. This will take 3+ years.
How does government funding work?
The following arrangements apply for all UK employers (as from April 2017):
- Employers with a payroll of more than £3 million per year pay an Apprenticeship Levy of 0.5%. This will provide an allowance to ‘spend’ against apprenticeships via a digital account.
- Employers with a payroll less than £3 million will not pay a Levy, but will still have access to 90% funding via a ‘co-fund mechanism’, to support their own degree apprenticeships. Here, the employer contribution will be 10% towards the tuition fee.
Click here for more details on government funding.
What are the benefits to an employer?
The Chartered Manager Degree Apprenticeship (CMDA) has been designed by employers for employers as a mechanism to invest in talent and develop the leaders of the future. It offers:
- the opportunity to upskill your workforce
- attract new talent
- develop the skills to build your business
- an estimated potential lifetime of added value from each apprentice of £390,000+ during the course of their careers
The University of Worcester Degree Apprenticeship Scheme
The University of Worcester is one of a small number of universities currently approved by the Chartered Management Institute (CMI) to deliver the Chartered Manager Degree Apprenticeship (CDMA). This degree apprenticeship provides your employees with the knowledge, skills and behaviour requirements required to enhance organisational performance, and personal effectiveness as defined by the Chartered Manager Degree Apprenticeship Standard.
The funding band for the CMDA is set by the Education and Skills Funding Agency at Band 15, or £27k (total) for the lifetime of the programme.
How to apply
Those interested in more information about this course or the broader apprenticeship offer of the Business School, should in the first instance contact our Senior Administrator (Sally Docherty) or the Course Leader, Dr. Scott Andrews on the details below.
Get in touch
If you have any questions, please get in touch. We're here to help you every step of the way.
01905 85 5357
Dr Scott Andrews
01905 54 3336