5 of the Most Useful Apprenticeships for the Industry

After Brexit, there are many challenges that Britain is facing on a daily basis and a lack of a sufficiently skilled labour force is one of the most prominent ones among them. In order to protect the future of their respective industries, business leaders have started to invest heavily in the development of apprenticeships and training programs. As of now, quality training schemes are a big part of stabilising the economic problems which the country is facing. Automatically, this has created an immense demand for young and skilled workers who have developed the necessary skills through a high-quality apprenticeship program. This leads us to the next question, what are the most relevant or useful apprenticeships in the UK right now?

Given the shortage in the talent and skill pool right now, it would be safe to say that it’s harder to find a field where employers can’t use a more skilled labour force than they have now. Even then, the five apprenticeship fields mentioned below are among the most in-demand, high-paying and useful ones at the moment.

Business and Accountancy Apprenticeships

The likes of KPMG, Deloitte and PwC have all been investing in apprenticeship programs to train young students and workers into qualified chartered accountants. Being one of the highest paid apprenticeships in the UK, you can expect to start with a salary around the £20,000 mark. The qualifications required for this type of apprenticeship include the following.

• Five GCSEs
• English and mathematics need to be among the five, at grade C or above
• At least three A-levels at grade C

You will likely be working in taxes, consultancy, business management, etc. during and after your apprenticeship program.

Financial Services Apprenticeships

Your employment opportunities will lie with companies such as JP Morgan, Barclays and Lloyds in the fields of financial management, financial inspections and financial assessment. The demand is high here, so the employment opportunities, post the program are almost 100% in most cases. Requirements are as follows:

• Grade B or above in English and mathematics at GCSE
• Three C grades at A-level

You can expect to start your financial services apprenticeship on a minimum salary of £15,000 per year, but it can be higher on some apprenticeship schemes.

Computer Hardware/Software Apprenticeships

The IT sector is in critical need of skilled workers as the UK, alongside the entire world, is moving into the crux of the digital age. There are many apprenticeships available in both the software and the hardware sectors. You can be spoilt for choice if you have any of the following qualifications.

• Five GCSEs
• English and mathematics needs to be among the five, at grade C or above

If, however, you are planning for a more specialised apprenticeship, diplomas, A-levels and NVQs will be required. The pay may start at around £15,000 per year, but once you complete the program, salaries in excess of £40,000 can be expected.

Marketing and Management Apprenticeships

Business without marketing is not a feasible option today and that’s why Britain needs more qualified marketers to bolster trade. Depending on the program of choice, trainees can even be led to develop further skills in business management as well. Trainees may start at about £18,000 in most cases and qualifications usually include the ability to show one’s creativity in the relevant field via a well-planned resume.

Legal Apprenticeships

Thanks to a government initiative, it might be possible for prospective students to become a trainee solicitor under the apprentice program and become a fully qualified solicitor by the end of it. The program will last for around five – six years and you will need the following qualifications:

• Five GCSEs
• English and mathematics needs to be among the five, at grade C or above
• Three A-levels at grade C

In many ways, apprenticeships are the future of business since they offer better value for time over traditional degrees. The five career paths mentioned on this list are each supported by multiple leading companies and firms in the respective fields and that in itself is clear proof of what’s to come.