Commenting on the launch today of research from Universities UK which shows the benefits and increasing popularity of degree apprenticeships, Michael Walby, director and apprenticeship lead at KPMG in the UK said:
"Today’s research from UUK corresponds with our own experience of school leaver programmes in the UK. KPMG’s Audit School Leaver programme has been popular since it was first introduced back in 2011.
“The report shows that employers, universities and the individuals that undertake degree apprenticeships have a “clear and positive perception” of such programmes and the results they produce by combining an academic degree with on the job experience.
“These apprenticeships have been seen to help organisations and universities alike widen participation by attracting students that previously may not have considered continuing their academic education.”
“However it is crucial that businesses offer a variety of routes to meaningful work in order to attract individuals from diverse backgrounds and to improve social mobility. Many school leavers may not choose to continue along an academic path and instead enter the workforce as soon as they leave further education. So, in order to attract these pockets of untapped talent, large organisations should also consider offering higher and degree apprenticeships alongside their traditional graduate routes.
“The announcement by the chancellor in yesterday’s budget highlighting investment in new “T-Level” technical apprenticeships is a positive step forward in achieving parity of esteem between academic and technical education. Businesses must play their part in achieving this ambition if we are to compete in an increasingly competitive, global economy. Without routes in to organisations which embrace the diversity of ways in which people learn, large communities of unlocked potential will remain out of reach to employers and their value lost.”
Notes to editors:
For further information please contact:
KPMG Press office
Tel: +44 (0) 207 694 8773
Angela Pink, KPMG Corporate Communications
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff. The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
© 2018 KPMG IFRG Limited is a UK company, limited by guarantee. All rights reserved. KPMG IFRG Limited, registered in England No 5253019. Registered office: 15 Canada Square, London, E14 5GL, UK.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.