CMI comments on government's review of education funding for over-18's
- Apprenticeship Levy funding will help create work-ready graduates
The government's review of higher education funding puts the spotlight on the crippling levels of student debt, and it's a timely debate on who should pay. For too long the debate focused on only two options - either the public purse or the students footing the bill. However, with the new breed of degree apprenticeships, funded by a Levy on larger employers, a third way of the employer paying becomes a reality. Indeed, employers stand to benefit from getting the skills and work-ready graduates they're demanding. Similarly, students benefit too: they earn as they learn, and step into the world of work equipped with a degree, professional qualifications and the skills that employers want.
This week sees the very first five Chartered Manager Degree Apprenticeships completing their courses from Coventry University with flying colours and ready-made jobs at GE Aviation. So there's a new debt-free, part-time route that needs to be celebrated far more, as this latest review looks at the long-term funding of higher education.
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The Chartered Management Institute (CMI) is the only chartered professional body for management and leaderships, dedicated to improving managers' skills and growing the number of qualified managers.
Our professional management qualifications span GCSE to PhD equivalents, including the unique Chartered Manager award, which increases earning potential and improves workplace performance. We have been registered as an apprentice assessment organisation by the Skills Funding Agency.
CMI has led the way in developing a suite of trailblazing management apprenticeships with a 40-strong group of employers. These start from Level 3 (team leader) and Level 5 (operations manager) through to Chartered Manager Degree Apprenticeship. The Senior Leader Master's Degree Apprenticeship gives employers the option to upskill up to executive and C-suite level. CMI is a Skills Funding Agency-registered apprentice assessment organisation.
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