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New apprenticeship scheme

Banking training first unveiled by Barclays

Barclays has launched a Master’s Apprenticeship in Leadership, the first UK bank to offer this level of training for its staff.

The two-year programme will allow eligible candidates to further their studies whilst continuing to earn in their current role, completely free of charge.

It follows the introduction by Barclays last year of the first Banking Degree Apprenticeship, as the business continues to increase accessibility to higher education.

In partnership with postgraduate specialists at Cranfield University, the Master’s Apprenticeship will see an initial intake of 30 Barclays employees study for an MSc in Business and Strategic Leadership.

The two-year scheme will allow candidates to gain a Master’s level qualification whilst working and earning, to help further their career, increase potential earning power and become future leaders within the business.

Mike Thompson, head of apprenticeships for Barclays said: “The scheme will enable us to create senior leaders of the future and make these positions within the business more accessible to people who may not have previously had the opportunity.

“Furthermore, our apprentices will be able to continue earning whilst they learn without incurring the debt traditionally associated with a Master’s Degree, opening up postgraduate education to a people from a wider range of socio-economic backgrounds.”

As well as working on modules such as Organisational Behaviour, Strategy and Finance, apprentices will be able to learn vital on-the job skills that will equip them for senior leadership roles within various sectors of the business.

Additionally, apprentices who successfully complete the programme will achieve CMI Chartered Fellow Status. 

The new Master’s Apprenticeship will be open to employees in February who have gone through the Barclays Graduate programmes, Higher Apprenticeships, graduate programmes outside of Barclays and long-term Barclays colleagues who don’t have an undergraduate level degree.



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