EY announces 200 new apprenticeships for budding accountants
Yesterday marked the beginning of National Apprenticeship Week 2016 (NAW) and with it came an announcement of 200 opportunities for budding accountancy professionals at EY.
The successful applicants will have the opportunity to gain a globally recognised accountancy qualification with either ICAS or ICAEW, on-the-job training and gain experience on par with university graduates.
Skills Minister Nick Boles voiced a commitment to creating three million new apprenticeships by 2020 earlier this month, citing that employers are in the sole position of understanding what skills they need on their workforce.
Speaking ahead of NAW 2016, he said: “We want to give all young people a chance to make the most of their talents and create a better life for themselves.”
“Businesses and colleges should be congratulated for helping apprenticeships move from strength to strength. I am hugely proud of the success we have achieved together and look forward to even more young people getting the chance to work hard and get on.”
They are pace setters, incredibly enthusiastic, eager to learn and bring a fresh view point to an organisation.
Applications for EY apprenticeships across the UK will open in September 2016 and Maggie Stilwell, Managing Partner for Talent in the UK and Ireland, seems confident in the talent the scheme will attract.
She said: “We are seeing impressive school leavers who are hungry for work and keen to start a career in business as an alternative to University. They are pace setters, incredibly enthusiastic, eager to learn and bring a fresh view point to an organisation.
“We also expect the popularity and demand for high quality apprenticeship schemes to rise, especially given the Government’s focus on creating more available places and with the entry of ‘Generation Z’ or post-millennials, who are looking for alternative entry routes into the workplace. With the rising cost of a University education, students are considering their options more carefully than they ever have done before.”
Similar schemes exist for school and college leavers at several of the UK’s biggest accountancy firms, including PwC, KPMG and Deloitte.
However, EY have changed their entry criteria to encompass a wider pool of candidates by eliminating entry stipulations that rely on academic achievements.
“Our aim is to open up the world of work for young people by removing barriers, such as academic entry criteria, and offering a range of different entry routes to suit them.” said Maggie.
“It is a commercial imperative for us to attract talented individuals from all backgrounds. At EY we have seen first-hand how diverse teams working in an inclusive environment can drive a better business performance.”