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Apprenticeships

If you find a training provider or employer willing to enrol you onto an apprenticeship, CICM Qualifications are fully supported by Government funding for Apprenticeships.

Credit Management is a great career and encouraging people to become a part of it is an exciting challenge.  CICM is working with top employers to develop opportunities for potential credit professionals. If you’re leaving school or ready for a new challenge in your career, an apprenticeship is a great way to enhance your career.

An Apprenticeship as a route into employment is becoming increasingly popular, and they are not just for new employees!  As an Apprentice in Credit Management you will earn while you learn and gain real life skills and experience that is highly sought after by employers. 

In an Apprenticeship, you’ll work in a company as an employee, earning a wage and working alongside experienced staff to gain job-specific skills. You’ll receive training and work towards nationally recognised qualifications. Take a look at the CICM Apprenticeships.

As a supporting training provider, and official end point assessor, we are here to guide you through the entire process. Contact us today: [email protected]

 

Explore Apprenticeships in Credit Management

Level 2 Apprenticeships

Level 2 Credit Controller / Collector

Overview

This specialist apprenticeship is the new Standard for credit controllers and collectors. Developed as part of the Trailblazer Apprenticeship initiative by senior credit managers and collections specialists, with the support of the Chartered Institute of Credit Management (CICM), the Apprenticeship Standard is based on current job descriptions and covers essential knowledge skills and behaviours.

This programme aims to develop the knowledge and skills required to be a qualified Credit Controller/Collector. At the end of the course, apprentices have the opportunity to achieve highly respected professional qualifications in addition to the Level 2 Apprenticeship.

 

Framework

To achieve the Level 2 Apprenticeship in Credit Control and Collections you must undertake the following:

  • Business Communications & Personal Skills
  • Credit Control/Collections

 

End-point Assessment
  • An assignment in each of the courses undertaken (Credit Control/Collections and Business Communications & Personal skills)
  • Professional Discussion

Find a training provider

CICM is an End Point Assessment Organisation (EPAO) for this Standard . Email [email protected] for further information and to register apprentices for EPA.

Optional

The Institute also recommends CICM apprenticeship membership.

 

For further advice on Apprenticeships E [email protected] or T: +44 (0)1780 722 909.

Level 3 Apprenticeships

Level 3 Advanced Credit Control / Debt Collection Specialist

Overview

This is the new Trailblazer Apprenticeship Standard for advanced credit controllers and debt collection specialists, developed by senior credit managers and collections specialists, with the support of the Chartered Institute of Credit Management (CICM), the Apprenticeship Standard is based on current job descriptions and covers essential knowledge, skills and behaviours.

This programme aims to develop the knowledge and skills required to be a qualified Advanced Credit Controller.

Framework

To achieve the Level 3 Advanced Credit Controller/Debt Collection Specialist apprenticeship, you must undertake the following:

Gain ONE of the following qualifications

All new apprentices who chose CICM qualifications as part of their learning journey will start on the new CICM Level 3 Diploma in Credit and Collections. You can specialise in one of the following areas:


•    Credit Risk Management
•    Advanced Collections
•    Debt Recovery
•    Advanced Enforcement

Complete an End Assessment
  • One assignment
  • Professional Discussion

Find a training provider

CICM is an End Point Assessment Organisation (EPAO) for this Standard . Email: [email protected] for further information and to register apprentices for EPA.

For further advice on Apprenticeships: E: [email protected] or T: +44 (0)1780 722909.

 

Level 3 Compliance/Risk Officer Apprenticeship

Click here to view the Standard for this apprenticeship.

Apprenticeship Training Providers

Apprenticeship Training Providers

Take a look at the variety of apprenticeship training providers who have worked with CICM

 

 

How to find an Apprenticeship

There are 3 steps to applying for an apprenticeship.

  1. Search for an apprenticeship.
  2. Sign in or create an account.
  3. Complete and submit your application. 

 

 

 

Why you should become an Apprentice

  • Get a head-start – The best way to get started in an industry is to be put into a role that you learn from.
  • Earn while you learn – You are paid a small wage (Depending on the level of apprenticeship). This increases as your experience grows!
  • Accredited Qualification – At the end of your apprenticeship, you can gain an accredited qualification.
  • Avoid Debt – Unlike university, apprenticeships don’t require you to enter a debt so they are an excellent alternative to starting your career
  • Support – You are given the support you need from the teams and trainers around you to get through the apprenticeship

 

 

 

Apprenticeships – The guide for employer's

Why you should consider having an apprentice

Government funding is available

You can receive funding from the government to help cover the cost of apprenticeships.

Applies to new and existing employees

You do not need to hire a new member of staff to benefit from the apprenticeship programme. Apprenticeships apply to new and existing employees and are a great way to grow talent within your organisation.

Motivate your employees and boost loyalty

Supporting long-term development within your employees is a simple and effective way to boost morale and loyalty within your company.

Build a qualified team

Through credit apprenticeships, your employees can gain CICM qualifications alongside their training, and with the introduction of higher apprenticeships businesses can now train staff to degree level with industry-specific skills.

Increase your productivity

Research has shown the average person completing an apprenticeship increases productivity by £214 per week. This includes increased profits, lower prices and better products.

Be fully supported

CICM and approved training providers will help you with the entire process. The National Apprenticeship Service also offer free, impartial advice and support to employers.

 

 

How to take on an Apprentice

Apprenticeships are not just for new employees – organisations can use them to structure and accelerate the training and development of current staff.  For example, employees are eligible for funding for Level 3 Diploma in Credit Management programmes, thus providing a funded fast-track pathway to professional accreditation.

If you are an employer looking to take on an apprentice, see how apprenticeship funding works and employ an apprentice. Select the employee you wish to put through the apprenticeship or advertise your apprenticeship externally – your training organisation will do this for you through the Government’s Website.

For further advice on Apprenticeships E [email protected] or T 01780 722 909.