Insight & Analysis

Press release: ACT qualifications now included in higher apprenticeship scheme

Published: Jun 2019

7th June 2019 – The Association of Corporate Treasurers (ACT) is pleased to announce that the Diploma in Treasury Management and the Certificate in International Cash Management are now part of the National Apprenticeships Scheme; specifically, these are included on the Financial Services Professional Standard (ST0472) with immediate effect.

With its chartered status and internationally recognised qualifications mapped against a competency framework developed in conjunction with both practicing professionals and academics, the ACT is uniquely placed to support financial services organisations and their employees through its treasury and cash management qualifications pathway.

Our in-house team provides full support for every aspect of apprentices’ engagement with ACT qualifications including programme management, progress and results reports, tuition and revision workshops.

The ACT’s Diploma in Treasury Management and Certificate in International Cash Management (both Level 6 qualifications) are offered through a comprehensive online learning programme, fully supported by the ACT’s expert academic and support teams. As our qualifications follow a learning pathway for the Diploma in Treasury Management, students will be required to complete all the qualifications up to this level unless exemptions apply. All our qualification learning costs are covered by the levy, however membership and assessment fees are excluded. Successful students are eligible to become ACT members and use the appropriate designatory letters.

Financial services employers in England can use their Apprenticeship Levy to fund the training costs of their new and, in some cases, existing finance and treasury trainees.

ACT Chief Executive Caroline Stockmann said: “Treasury knowledge and expertise opens up a wide career path and a host of new possibilities to those who engage, whatever their sector. Careers are becoming more and more strategic, and those who want to service corporate treasurers are best-placed to do so if they speak the same language, and are fully qualified to hold a sensible treasury conversation. A third of our members work for financial institutions, many of them in relationship management. We are delighted to be part of the National Apprenticeships Scheme, and to welcome students taking the ACT qualifications via this route.”

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