The FINANCIAL -- One of the UK’s first cohorts of MBA apprentices have celebrated their first day on Aston Business School’s Executive Apprenticeship MBA programme – the same world-class MBA but paid for via the apprenticeship levy.
In March the government set an £18,000 cap on funding for Senior Leader Masters Degree Apprenticeship programmes, which Aston immediately responded to by unveiling a new version of its triple-accredited Executive MBA specifically priced to match the tariff.
The move means that ambitious senior staff members can gain an MBA using their employer’s levy allowance. The levy applies to all businesses with a payroll bill over £3 million and is designed to encourage workforce investment in skills, while SMEs that don’t meet this criteria can access up to 90 per cent funding from the government, according to Aston Business School.
The MBA, ranked in the global top 50 by CEO Magazine, offers managers the opportunity to boost their leadership skills through a course that fits around their full-time role. Candidates study part-time through online study and termly study weekends on campus allowing them to fit study around other commitments and to use their new skills at work straight away.
The cohort of 19, who have a wide range of experience from across a variety of sectors, spent the day getting to know their peers, engaging in a series of practical workshops, and learning from leading academics.
The day concluded with an introduction to The Aston Edge, a personal and professional development programme based on the latest thinking in behavioural science. The programme is delivered alongside the core curriculum to develop the essential skills needed to become a successful leader.
Keith Schofield, Executive Apprenticeship MBA Course Director said: “An excellent start to a very promising programme. Our first Executive Apprenticeship MBA cohort bring with them a wealth of professional experience from a broad spectrum of industries. After just one day together it was inspiring to see them begin to develop new networks, relationships to support their study, and begin to challenge one another’s understanding of management practice.”
The next cohort is due to begin in September, find out more information about the Executive Apprenticeship MBA or register your interest with the Degree Apprenticeships Team.