The IFS Associate and IFS Specialist apprenticeships are two-year programmes being run by Ibec's Financial Services Ireland in conjunction with the National College of Ireland (NCI), where apprentices combine practical on-the-job experience and traditional classroom learning.
The first intake of apprentices in 2017 gained a work contract with major names in the financial services sector such as Fidelity, Citi Bank and Allianz, and experienced a 100% pass rate in all exams and assessments at the end of year one, with a 90% retention rate between year one and two. 100% of apprentices also stated that they would wish to remain in the IFS sector upon completion of their respective programme.
Ireland is very much to the forefront of International Financial Services, with large banks and institutions making a home for themselves here.
This recent graduation underlines the increasing importance of Further Education and Training (FET) in Ireland and in particular the growing number of apprenticeships programmes which have been designed to meet the skills needs of the economy.