The trailblazer has also agreed to revise the occupational standard on this basis, focusing on ensuring that passing the revised end-point assessment will provide all the necessary assurance that full competence will have been achieved. She told the 2019 annual apprenticeship conference: “What is of concern is the fact that levy money is not always being spent in the intended way. It is a government levy paid by all employers with a pay bill in excess of £3 million, set at 0.5% of the pay bill. There are now over 100 universities in England on the register of apprenticeships training providers, and the number of degree apprenticeship programmes has increased, from 1,614 to 7,114 in the first quarter of 2019. The introduction of the Apprenticeship levy will see large businesses (those with a turnover of £3m or more) paying 0.5% of their annual payroll into a fund which can then be drawn down against Apprenticeships. “The government’s rushed implementation of the apprenticeship levy has resulted not in an increase in apprenticeship opportunities for the most disadvantaged, but quite the opposite,” she told delegates. Change Management The level 7 senior leader apprenticeship was launched in February 2018 and can lead to apprentices gaining a master’s degree in management, either MA, MSc or MBA. Payroll IfATE added that as such, there is no requirement to be a member of a professional body and an individual would not be significantly disadvantaged in the senior leader job market without this qualification. Terms and conditions, • Employee Benefits According to FE Week, there were 6,387 starts on the programme up to the end of the first quarter of 2019-20. In January, a report by EDSK’s Tom Richmond, called Runaway Training, cited the fact that the number of Level 2 apprenticeships had fallen since the levy was introduced (in the 2017-18 tax year) by 15 percentage points whereas training at Levels 4-7 had grown by nine percentage points. This is a flexible option, as it allows the MBA to be fitted around any career or personal obligations. Features list 2020 The Personnel Today Awards Research published on the Early Impact of The Apprenticeship Levy by the Chartered Institute of Personnel and Development (CIPD) conducted during the time of its inception, warned that the levy will not result in an increase in training, whether for practical apprenticeships or for MBAs. Educational think tank, EDSK claimed that employers and universities are mislabelling a range of training courses and jobs as apprenticeships to use up funding from the apprenticeship levy provided by the government. MBA apprenticeship funding comes from a levy scheme where employers with annual wage bills above £3 million make a mandatory contribution equivalent to 0.5 per of their payroll. People Analytics Our Level 7 Senior Leader Masters level Degree Apprenticeship at Birmingham Business School is an exciting opportunity to gain a prestigious MBA, supported by employers and funded by the Degree Apprenticeship Levy. The introduction of the levy has since increased the number of new apprenticeships up to the master’s level. Diversity & Inclusion There are no direct fees paid by the apprentice as the programme is supported through the Apprenticeship Levy. The MBA Degree Apprenticeship aims to accelerate the career development of high-potential employees and drive significant improvements in organisational performance. IfATE stated that senior leaders in an organisation are not bound by regulatory requirements to hold an MBA qualification. “The employer group have made a clear recommendation, which we are now consulting on. Businesses can fund £18,000 of the fees through their apprenticeship levy. Employee Benefits Connect The Institute for Apprenticeships and Technical Education (IfATE) has responded to a letter from education secretary Gavin Williamson sent in late February to its chief executive, Jennifer Coupland, that questioned whether using apprenticeships for MBAs was providing good value for money. The apprenticeship levy can also be used to partly fund the Alliance Manchester Business School Global MBA. OH&W subscription terms. Employment Law The government needs to keep an eye on those types of apprenticeships to ensure they are offering the development planned.”. Earlier this month the Institute for Apprenticeships & Technical Education launched a consultation on a revised version of the standard which scrapped all references to MBAs. Cookies policy “This apprenticeship sets out the knowledge, skills and behaviours employers require of competent senior Leaders and any qualifications must fit this criteria. The Levy is collected at the same time as PAYE payments are made and can be used to purchase apprenticeship education through the Government Gateway’s Digital Apprenticeship Service. Employee Benefits Live, • Occupational Health & Wellbeing The MBA apprenticeship which is a part of the level-seven senior leader occupational standard scheme is set to be scrapped this year. So, for example, on graduate schemes that are in effect being ’re-packaged’ as … IfATE, working with a group of employers, Leadership and Management Trailblazer worked together to develop a revamped version of the occupational standard and end-point assessment (EPA) plan without the MBA and have a rather positive take on this development. This apprenticeship is designed for any individual moving into a senior or strategic management role. HR Business Partner Levy Funding: The government funding band for the Senior Leader Standard is £18,000, which is the maximum that can be funded through the apprenticeship levy. Organisational Development The MBA element of level 7 senior leader apprenticeship standards is to be removed after being queried by the education secretary. Spielman questioned the use of the apprenticeship levy at a speech during the 2019 annual apprenticeship conference, “What is of concern is the fact that levy money is not always being spent in the intended way. Performance & Engagement Universities are still planning to offer the MBA in the level 7 senior leader apprenticeship, despite the qualification being axed from the programme. Employers can choose to spend their apprenticeship levy funding as they wish, including providing opportunities for current and aspiring leaders to study an MSc or MBA. Advertising specifications He concluded that higher level apprenticeships were more expensive to deliver so this trend was leading to high levels of overspending. UK Apprenticeship Levy Under the UK government’s Apprenticeship Levy scheme, you can now utilise your levy fund in the most effective way by investing in the development of your senior leaders. With funding cuts looming on the horizon, the Institute for Apprenticeships and Technical Education (IfATE) announced the move to remove the MBA apprenticeship from the apprenticeship levy funding scheme – a decision which will be confirmed by the UK government in June. Williamson’s letter in February informed Coupland: “I am unconvinced that having an apprenticeship standard that includes an MBA paid for by the levy is in the spirit of our reformed apprenticeships or provides value for money. © 2011 - 2021 DVV Media International Limited. What is the Apprenticeship Levy MBA Programme? Speaking on day one of FE Week’s sixth Annual Apprenticeships Conference, Hardy said that she supports their expansion at higher education providers across the country, but a decline in opportunities for the “most disadvantaged” needs to be addressed. MBA Apprenticeship Levy London connected Cambridge is just 1 hour 30 minutes drive north of London, or 50 min directly by train. One of the most powerful ways you can generate value from your Apprenticeship Levy is to upskill your existing workforce. And with each start worth £18,000 from the apprenticeship levy pot, it is calculated that well over £100m has been spent on this standard. 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