UU encourages fintech employers to secure talent through its new apprenticeship programme

  • Ulster University is searching for employers to get involved with its first Financial Technology Higher-Level Apprenticeship [HLA] programme.

    The initiative is an industry-focused degree designed to provide students with an in-depth knowledge of core fintech principles.

    Students undertaking the course will secure a job within industry whilst simultaneously studying for a BSc (Hons) Financial Technology degree on a part-time basis.

    Companies currently involved in the programme include Allstate NI, FinTrU, First Derivatives and Funds Axis.

    RELATED: Ulster University is launching a brand new fintech degree

    During the length of the course, businesses will pay the apprentices their salary while releasing them every Friday during term-time to attend classes delivered by the university.

    The university said the apprenticeship is “an affordable way to introduce new skills and perspectives” to one’s business and will also present employers with the opportunity to recruit from a larger talent pool and even develop existing staff.

    Northern Ireland’s Fintech Envoy, Andrew Jenkins has previously said that now more than ever, fintech is crucial for the country’s economy, with the societal fallout from Covid-19 having a profound impact across the region.

    He stressed that the resilience and adaptability of the sector will thus play a pertinent role in supporting economic recovery.

    RELATED: FinTech sector sees a boom period during the Covid-19 lockdown

    Claire McCann, course director at Ulster University Business School said: “New technology infrastructure continues to shape the future of financial services, and now is an opportune time to invest in creating aspiring financial leaders.

    “This dynamic programme integrates the latest academic knowledge with practical skills, affording students a unique opportunity to develop a broad skill set whilst keeping their businesses up-to date with modern techniques, technology and increasing productivity for the future.

    “Higher Level apprenticeships are a cost-effective pathway in securing a direct talent pipeline for employers, and I would urge those organisations interested in upskilling their current staff or securing new talent in this field to consider providing apprenticeship places as part of this scheme”.

    RELATED: A third of all jobs within banks are now tech-related

    Alex Lee, co-founder and director of industry association FinTech NI added: "One of the key factors driving Northern Ireland's emergence as a global FinTech Hub is the development of world class local skills and talent.

    “Our local universities have been central in this through their coverage of new and advanced technologies on the curriculum. Ulster University Business School's new BSc (Hons) in Financial Technology, one of the first to be offered anywhere in the UK, will undoubtedly advance this position."

    Starting in September 2020, the BSc (Hons) in Financial Technology HLA is taught over four years and includes a diverse range of modules from across Ulster University Business School and the Faculty of Computing, Engineering and the Built Environment covering topics such as computer programming, business analysis, financial modelling, principles of investment, big data, FinTech and innovation.

    RELATED: CareerEncode: 'Why apprenticeships are the future for NI's tech sector'

    If you would like to find out more or discuss this opportunity please contact engage@ulster.ac.uk

    About the author

    Niamh is a Sync NI writer with a previous background of working in FinTech and financial crime. She has a special interest in sports and emerging technologies. To connect with Niamh, feel free to send her an email or connect on Twitter.

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