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07 April 2020: Coronavirus Update. The situation is fast moving and we are continuing to monitor the global situation and its impact on our members, staff, exam candidates, students and the profession. More information for Members and Students in My CIMA.

Apprenticeships

Frequently Asked Questions

We've compiled a list of frequently asked questions to help you navigate CIMA's apprenticeship programme.

Who are the training partners that offer the qualification?

You can find a list of training partners by searching the SFA’s Register of Training Organisations.

How much does the EPA cost?

Level 4

  • EPA: £900
  • Case Study: £200
  • Portfolio/reflective statement: £700

 

Level 7

  • EPA: £1,000
  • Case Study: £240
  • Project report: £760

 

Who should we reach out to for content delivery?

You should search the training provider database. Our apprenticeship team can discuss any questions you may have about the process. Email apprenticeships@aicpa-cima.com or complete our contact form to arrange a chat.

What does the 20% off the job training involve?

Off-the-job training is defined as learning which is undertaken outside of the normal day to-day working environment and leads towards the achievement of an apprenticeship.
This can include training that is delivered at the apprentice’s normal place of work but must not be delivered as part of their normal working duties. The off-the-job training must be directly relevant to the apprenticeship framework or standard and could include the following:

  • The teaching of theory (for example: lectures, role playing, simulation exercises, online learning or manufacturer training)
  • Practical training: shadowing, mentoring, industry visits and attendance at competitions
  • Learning support and time spent writing assessments/assignments.

Off-the-job training does not include:

  • English and maths (up to level 2) which is funded separately
  • Progress reviews or on-programme assessment needed for an apprenticeship framework or standard
  • Training which takes place outside the apprentice’s paid working hours.

Full details: Apprenticeship off-the-job training: policy background and examples

Should people start on L4 and work their way up to L7 or wait for standard to be approved?

Each situation/apprentice will be different. Email apprenticeships@aicpa-cima.com or complete our contact form and someone from our apprenticeship team will get in touch to discuss the best option for your organisation.

Can an apprentice study the Level 4 Apprenticeship with another professional body and move onto CIMA Level 7?

Yes. An apprentice can complete level 4 with another organisation and then join CIMA's level 7 programme. It is also possible to join level 7 without having completed level 4 and exemptions can be awarded.

What are the similarities and differences between studying CIMA through an apprenticeship versus studying the CIMA Professional Qualification?

Key similarities:

  • Study pathway can remain very similar.
  • The CIMA Qualification already aligns completely to the accounting apprenticeship standards. This standard lists what an apprentice should be able to demonstrate in their role by completing their apprenticeship. 

Key differences

  • Availability of Government/Levy funding towards training.
  • End-point assessment - an assessment of the knowledge, skills and behaviours that have been learnt throughout the apprenticeship.
  • 20% ‘off the job’ requirement – The amount of time an apprentice must be allocated on learning and development which is not delivered as part of their normal working duties.

Who can be trained as an apprentice?

Given the previous age restrictions being lifted apprenticeships can be used to support your whole business, not just young people at the start of their career.

Apprenticeships can be used to support new talent, this could be direct entry staff,  school leavers and even graduates.

You can up-skill your existing staff and your existing programmes can be transferred into apprenticeships, providing consistency across your organisation.

Anyone over the age of 16 is now eligible.

What funding is available?

The maximum funding available is £8,000 at level 4 and £21,000 at level 7.

Need more info?

If you're interested in finding out more about CIMA and how studying can boost your career, leave your details with us and we'll be in touch.

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