Apprenticeships - Accounting, Audit & Finance
Going to university and pursuing a degree is not the only option available to bright students. With the significant cost of a degree combined with its potential devaluation, you may want at least to consider your options. There are a number of firms offering very attractive School Leaver Programmes. These are well paid and you may find run parallel to many graduate schemes. They have the attraction of being less competitive at A level entry, therefore gaining you entry into an organisation that you may struggle to secure as a graduate, when the competition is fiercer. You will also be debt free. These schemes are becoming increasingly popular with employers.
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Accountancy & Banking: BPP Apprenticeships
BPP is a national apprenticeship training provider for companies across the UK, from independent firms to large corporate businesses. They offer a number of apprenticeships in both accountancy and financial services. Within financial services there are 3 separate programmes:
- Retail & Business Bankng: 13 month prpgramme. Aligned with the Chartered Banker Institute, you will gain an industry recognised professional qualification that covers basic banking principles including the regulatory environment and the key banking disciplines of credit and lending.
- Investment Opeartions: This 12 months programme is designed to train and develop new administration and operational staff working in the investment sector. The Investment Operations Certificate (IOC) provides a solid understanding of industry regulation, operational risk and collective investment scheme administration. Once complete you have the opportunity to progress to chartered status by completing the CISI Diploma in Investment Compliance.
- Insurance: this 15 month prigarmme provides technical knowledge using the Certificate CII qualification and work based competence using the Certificate in Providing Financial Services.
They also offer Level 4 Higher Apprenticeships in professional accountancy and taxation, which is an 18-24 month programme. In addition, a Actuarial 2-3 year programme. You will be working as part of a team using data analysis and mathematical models to provide solutions to financial problems. It is supported by the Institute and Faculty of Actuaries, and is a possible route into study for further actuarial qualifications. You will study for professional exams (either two of the Certified Actuarial Analyst exams or one of the Fellowship exams).
Accountancy & Tax: PKF Cooper Parry Accountants & Tax Trainees
PKF Cooper Parry offer 2 schemes for school leavers - one is a trainee scheme for accountants the other for tax technicians. They are a leading independent firm of business advisors to private business in the East Midlands.
As well as Working with clients as a part of the business advisor team, you will also be studying towards the AAT qualification and then on to the ACA. After completing the two years studying for the AAT you will be eligible to enrol on the ICAEW course, and obtain the ACA qualification – giving you a real edge over friends still at Uni!
There is a variety to the role, from the preparation of management accounts to reviewing financial statements to undertaking audit work, which ensures your personal development is fast, exciting and rewarding.
You need 3 predicted A Levels A-C.
As well as Working with clients as a part of the business advisor team, you will also be studying towards the ATT qualification. After completing the two years studying for the ATT you will be eligible to enrol on the ICAEW course, and obtain the ACA qualification. You will be involved in a range of client work from the very start of your career, and you will be given responsibility as quickly as your attitude and ability demand.
You need 3 predicted A Levels A-C.
Accountancy/Audit/Tax: Hazlewoods A Level Students
Hazlewoods is a Cheltenham based firm who are one of the UK’s top 40 independent Chartered Accountants and Business Advisers, and renowned for real specialism. If University is not for you, they offer entry level positions for A Level students, and fully support your journey through the AAT qualification. Upon completion, you will then be eligible to study for your ACA, ACCA or CA qualification.There are a number of opportunities in Audit, Tax, Accountancy and Business Advisory and Corporate finance.
You will be both paid and supported financially through the professional exams.
Accountancy/Audit: BT Finance Apprenticeships
BT offers a career in management accounting or internal auditing. Its a four year rotational programme. While on the programme, BT will sponsor you to complete the CIMA qualification (Chartered Institute of Management Accountants) or the CMIIA qualification (Chartered Institute of Internal Auditors). You’ll need to be comfortable working with numbers and have strong problem solving skills. Effective communication skills are also very important, as you’ll need to be able to communicate and influence people to help drive the right decisions and behaviours.
To be considered for the Finance apprenticeship programme you will need three A levels grade B or above, or grades for 3 A levels which equate to this (not including general studies). the positions are based in London or Bristol.
Accountancy: Baker Tilly AAT Trainees
For those who are ambitious, have excellent A level grades and want to gain a professional qualification as quickly as possible, Baker Tilly provide practical accounting skills and get you ready for the workplace. The AAT Vocational Programme takes approximately two years to complete. You’ll receive a competitive salary whilst you train and you’ll receive a wide range of technical and personal skills training as you progress. Studying the AAT is typically undertaken by block release and as part of your programme, you’ll undertake computer based administered projects, tests, reports and work based evidence alongside gaining practical commercial experience.
- A minimum of five GCSEs at grades A to C (including at least a grade B in Maths and English Language), or a minimum of five standard grades at grades 1 to 3 (including at least a grade 2 in Maths and English), or equivalent.
- At least 260 UCAS points (excluding general studies) or equivalent either predicted or achieved.
- Online application form.
- If your application is successful, you need to complete online tests.
- If you pass them, it’s then on to an assessment centre at one of Baker Tilly’s offices or another location.
Practice tailored psychometric tests similar to the ones used by Baker Tilly HERE.
Accountancy: BDO School Leaver Programme
BDO is one of the UK’s largest accountancy and business advisory firms providing services to ambitious businesses within the UK and worldwide.They offer a School Leaver Programme. This combines work experience with study towards your professional qualifications. You can gain highly-regarded professional qualifications alongside a permanent salaried career, all without the expense of funding higher education. At the same time, you’ll be gaining invaluable experience in a commercial environment, working on real business projects alongside leading industry professionals. BDO pay for all your training and they also pay you for your work.
For the first two years you will study towards the Certificate in Finance, Accounting and Business (CFAB) qualification and the Higher National Apprenticeship in Accountancy (HNA). If successful in these, you will continue on to study towards an appropriate professional qualification for your chosen specialism. This will usually be the ACA, but may be the CA (in Scotland) or the ATT or CTA if you intend to specialise in tax.
If you pass all your exams, then within 5 years you will be a qualified accountant.
There are a number of areas within BDO that you can choose to specilaise ina nd pursue. these are:
- Financial Services
They have 21 regional offices across the UK.
In order to apply, you need to have at least the following:
- grade B in Maths and English at GCSE/Scottish Standards or equivalent
- 280 UCAS points or equivalent (excluding General Studies) (obtained or predicted)
The application process is an online application, followed by online tests, an interview and then an assessment day.
If you are undecided maybe first attend their Summer School Programme, which runs for 2 weeks over the summer.
Practice tailored psychometric tests similar to the ones used by BDO HERE.
Accountancy: Bishop Fleming
Bishop Fleming is a leading provider of accounting, tax and business consultancy in the UK. They offer accountancy training opportunities in Worcester, Bath, Bristol, Exeter, Torquay, Plymouth and Truro, for A level entrant trainees (or equivalent).
You can study for a range of accountancy qualifications including:
- ICAEW Chartered Accountants ACA
- ICAEW Certificate in Finance, Accounting & Business CFAB
- Accounting Technician AAT
- Taxation Technician ATT
You can begin your accountancy training with a minimum of nine GCSEs and two A levels (or equivalent), ideally one maths or business related.
The five year training programme offers full support to complete the Certificate in Finance, Accounting & Business (CFAB) before progressing on to complete the ACA qualification.
They may also offer the opportunity to study the Accounting or Taxation Technician qualifications (AAT or ATT) which will take two to three years.
Some will then progress on to the ACA Chartered Accountants qualification, others will develop in their role as a Qualified Technician.
Accountancy: Chantrey Vellacott DFK
Chantrey Vellacott is a provider of accountancy, taxation and professional advisory services. They have offices in London, South East and The Midlands. Their A Level entry training contract is open to A Level students. They have positions available for candidates who are interested in completing The Associate of Accounting Technicians (AAT) qualification. You will need GCSE passes A-C (or equivalent) with grades B or above in English Language and Maths, and have achieved 3 good A level passes equivalent to 300 UCAS points. They offer a 3 year training programme which provides exam tuition, on the job training and professional development.
Accountancy: Clement Keys Trainee
Clement Keys are chartered Accountants,based in Edgebaston in Birmingham. They are one of the largest independent firms of Accountants in the West Midlands with over 100 employees.You will join the firm post ‘A’ level and will be required to have achieved a minimum of 300 UCAS Points.
You will train towards the ACA. The training programme lasts for 36 months and will include a combination of professional tuition and external courses, internal technical training and continuous ongoing support.
Accountancy: Crowe Clark Whitehill AAT Trainees
Crowe Clark Whitehill is an independent accountancy and advisory consultancy. They have 5 key specialist areas in corporate business, not for profit, professional practices, pension funds and private clients. The 5 year programme allows you to combine work experience with study for a professional Certificate in Finance, Accounting and Business (CFAB). CFAB is a nationally recognised professional qualification provided by the ICAEW. It consists of the same six modules as the first level of the ACA qualification and once completed gives you the opportunity to progress with your full ACA qualification and become a chartered accountant.
Some of their offices offer:
- The opportunity to attain the Association of Accounting Technicians (AAT) qualification over a 2 year period, with the possibility of AAT fast track training to ICAEW ACA for the right person.
- The opportunity to attain the Associate of Taxation Technicians (ATT) qualification.
To apply you need:
- 280 UCAS points achieved from your top 3 ‘A’ levels at first attempt (not including General Studies).
- GCSE Grade B or above in English language and maths.
Accountancy: London School of Business & Finance: ACCA
The London School of Business and Finance offers their ACCA for school leavers programme.
This ACCA qualification is your route to an accounting career, while costing you substantially less than a standard undergraduate degree. The ACCA School leavers Course endeavours to give you a paid training contract at a firm in London.With recent rises in university tuition fees, most students will now face paying at least £9,000 per year. If you take this ACCA course, not only can you earn while you learn, but the company you train with will pay your tuition fees for you once you are on a training contract.
As part of our course, you will also gain a BSc (Hons) in Applied Accounting from Oxford Brookes University at the end of it all, simply by completing a final project.
The course is 3-4 years in length. You will study full time, interspersed with your training contract. You need 240 UCAS points to apply.
The ACCA exams are split into the Fundamentals and Professional levels. Your first two years of the course will be spent mastering the Fundamentals modules, as well as undertaking a financial modelling project. The third and fourth years of your course are mainly concerned with the professional level.At the end of year four, you’ll also be studying towards your BSc in Applied Accounting.
Accountancy: Moore Stephens AAT Programme
Moore Stephens is a top ten accounting and advisory network, with offices throughout the UK and members across the globe.
They offer the Association of Accounting Technicians (AAT) programme for school leavers.
Joining the AAT programme will allow you to gain a recognised qualification with the Association of Accounting Technicians and build your experience in the profession. It consists of three qualifications across three levels – each qualification combines the latest industry knowledge with practical work experience.
You will start with the Level 3 Diploma in Accounting, some of the modules include:
• accounts preparation;
• costs & revenues;
• indirect tax;
• professional ethics.
Year two of the training contract will cover the Level 4 Diploma in Accounting. Moore Stephens cover all first time costs for your AAT training (exams, materials and membership) and offer paid study and tuition leave.
If you choose to continue studying after the AAT, you could have the opportunity to progress on to a Chartered Accounting Qualification - ACCA or ACA – where you may be eligible for exemptions.
Where could you work?
Corporate audit – in this department you’ll need an analytical mind as you join a pool of trainees who provide audit and accounting services to managers and partners. You will work with a broad range of clients covering a variety of sectors from financial services to technology companies and sports clubs.
Governance, risk & insurance – this team provides advice on a wide range of issues, including loss-reserving, taxation, solvency and regulatory compliance, management information systems, litigation support and forensic accounting.
Outsourcing – provides clients with the full range of accounting and back office services, including bookkeeping, accounts preparation, management accounting, VAT compliance, forecasting and budgeting and any other ad hoc advice and assistance on accounting matters.
Accountancy: National Audit Office School Leaver Programme
The National Audit Office are independent of government and the Civil Service and hold the government to account for the way it uses public money. They are right at the centre of the drive to promote economy and efficiency in government and focus on the big systemic, cross-government, and crosscutting issues.
They offer a 5-year professional training scheme leading to qualification as a Chartered Accountant (Institute of Chartered Accountants in England and Wales). This may be quicker than graduates moving through university. You need 300 UCAS points from A Levels or equivalent and be ready for the long term commitment of studying for professional exams. You do not need to have studied Maths or a finance related A Level to succeed on the scheme but you do need to demonstrate a keen interest in accountancy and the key competencies they are looking for, which are:
· Analyses data to draw sound conclusions
· Demonstrates sound judgement
· Communicates effectively with others
· Demonstrates enthusiasm, initiative and drive
· Build and maintains effective team relationships
· Build and maintains effective client relationships
· Plans and organises workload to deliver high quality work to deadline
· Understands the bigger picture
You can work in London or Newcastle. The salary is c£22,000 in London and c£17,000 in Newcastle. After qualifying, you may be offered a permanent position as one of the Audit Principals. This brings a starting salary of over £48,000 in London.
The NAO works in three main areas:
· They audit the accounts of all central government departments and other bodies,
· They produce wide ranging reports such as managing government budgets, consumers & markets, pension enrolment, Olympic legacy etc
· They provide support to Parliamentary Select Committees to help save money and bring about improvements in the delivery of public services.
The recruitment process involves an application form, then online numerical reasoning tests. If you are successful you will be invited to a competency interview of about 45 minutes. If you pass this you will be invited back for the day and participate in a number of individual and group exercises as well as further interviews.
Accountancy: PKF Littlejohn
PKF Littlejohn is a firm of chartered accountants. They offer a scheme for school leavers which allows you to gain valuable commercial experience and earn a competitive salary as well as obtaining a respected qualification. You'll begin by studying the AAT qualification before progressing to the ACA or ACCA.
Accountancy: RSM School Leaver
RSM is a leading provider of tax, accountancy, consulting and financial services to businesses of all sizes and types. Their training schemes include all you need to know to be a future manager or leader, covering project management, client management and people management. It’s also a chance to learn as you earn and gain your tax and accounting qualifications or train for other professional qualifications. They offer a whole range of school leaver programmes in offices throughout the UK, which are either tax, audit or accounting focussed.
Accountancy: Wilkins Kennedy
Wilkins Kennedy are chartered accountants and business advisers. They offer an AAT Training School Leaver programme. They are looking for concientious students with a minimum of 300 UCAS points. Most of their AAT students go on to study for the ACA qualifications. On qualification, you can choose to specilaise in areas such as taxation, corporate finance or insolvency.
To apply you need to complete their trainee application form, preferably by December for a traniee ship for the following autumn. This is then followed by online tests and an assessment centre.
Audit & Tax: Mercer & Hole Higher Apprenticeships
Mercer & Hole are chartered accountants. Their Higher Apprenticeships are aimed at anyone who has completed A Levels (or equivalent). They offer specialist entry routes into Audit and Tax disciplines. You will study towards a professional qualification either ATT (for Tax) or CFAB (for Audit) whilst developing and demonstrating a wide range of key business and commercial skills.
The programme will run over two years and on completion, you will be well positioned to move on to complete the CTA or ICAEW qualifications.
They are looking for high achievers academically because the work is intellectually demanding and therefore applications are invited only from candidates who have achieved the minimum academic requirement of 300 UCAS points which must comprise of at least three A-levels (excluding General Studies).
They also looking for other qualities outside your acadamic qualifications. They aim to recruit people who have demonstrated an ability and a willingness to accept responsibility, because you will be expected to do so as a trainee; who possess common sense and good judgment; who are high achievers outside purely academic matters with a range of extra-curricular interests; who have an outgoing personality with an ability to think and do things for themselves, a desire to participate and a ready ability to communicate; and for whom coming to work each day is enjoyable, but who realise that there is more to life than just work.
To apply you need to complete their application form.
Audit: KPMG School Leavers programme
KPMG have developed an innovative 6 year School Leaver programme that offers the opportunity to get a job in their audit team, obtain an accounting degree at Birmingham, Durham or Exeter University, and become a fully qualified chartered accountant with the ICAEW or ICAS.
They also pay a starting salary of £20k (in London). This could be your opportunity to be completely free of student debt because your university tuition & accommodation fees and your professional qualification fees will be paid for by KPMG.
How is the programme designed (Durham)?
During years 1-3 of the programme you will study six modules at the Business School and six modules at KPMG whilst working. Year 4 is spent full-time on campus, affording you the full ‘student experience’.
How is the programme designed (Exeter)?
You will immerse yourself in study at the University for your first two years together with work placements at KPMG. You will work full-time at KPMG during your third year and then return to the University for your fourth year for further immersive study and a work placement period.
How is the programme designed (Birmingham)?
You will not only gain a globally recognised and respected degree in Accountancy; but also get significant work place experience and full accreditation by ICAS so you can achieve Chartered Accountant status two years after graduating. You’ll also have the chance to combine your academic studies with the opportunity to immediately apply your learning and reflect on your experiences in a professional environment with a world leading organisation.
What are the entry requirements?
Grades ABB at A Level, plus a B in GCSE Maths and a B in GCSE English Language (or equivalent)
To apply, you should complete the UK firm’s online application form. If your initial application is successful, you’ll be asked to complete online numerical and verbal reasoning tests and then be invited to a first interview in one of KPMG's UK offices. The final part of the selection process will be a written exercise and an interview with a Partner that will include a presentation.
Learn more about KPMG's assessment process and online tests HERE .
Finance: Dyson Finance Apprenticeships
Dyson finance apprenticeship is based in its head office in Malmsbury, Wiltshire. The programme offers a full-time role in the global accounts team, supporting study for the AAT Accounting Diploma to be completed within 2 years. You’ll also gain a Higher Apprenticeship with a nationally recognised business skills diploma.
You’ll the hopefully progress to study the ACCA over the next 3 years alongside the Finance Graduates. And if you’re successful, you’ll become a Chartered Accountant at the same time as them – however you could be three years younger and free from university debt.
Fully funded study package:
In the first year, you’ll attend their partner college, Kaplan, in Bristol – one evening a week with time off for study and exams. This will cover the AAT Accounting Diploma qualification to Level 3/Intermediate.
After that, as you study for Level 4/Advanced, the programme is more tailored to your needs and preferred learning style.
The programme is aimed at those currently doing A’levels, but ready for the world of work and wanting a head start in a Finance career. They are looking for the brightest, most committed students who can balance working and studying. So you’ll need to be predicted at least 300 UCAS points – ideally studying Accounting, Maths, Business Studies or similar – and able to show a clear motivation for a career in finance.
Finance: GSK Finance Apprenticeships
GSK offera finance apprentice, where you will gain a broad understanding of how their global business operates, particularly from a financial management perspective. Your Level 4 apprenticeship will combine hands-on experience and the development of transferrable business skills with the globally recognised CIMA (Chartered Institute of Management Accountants) Certificate in Management Accounting. You may also be offered a permanent role and the opportunity to complete further fully sponsored study to qualify as a Chartered Management Accountant after your apprenticeship, the equivalent of a Masters degree.
What does a Finance apprenticeship involve?
You will do two different 12-month rotations, working in one of the finance teams with a combination of on-the-job learning and a programme of training and development. Your duties might include:
- Assisting with financial processes, support period end close duties.
- Dealing with internal or external customer queries.
- Identifying and resolving issues using agreed processes or escalating as appropriate.
- Reviewing accounting documents, producing routine reports and summaries for management as required.
To be eligible, you will need:
- a minimum of five GCSEs at grade C or above or equivalent, including Maths and English Literature both at grade B
- 300 UCAS points from three A-levels not including General Studies
The programme runs for two years, with rotations in out West London offices: Stockley Park (Uxbridge, UK) and GSK House (Brentford, UK).
Finance: Nestle Commercial Apprenticeships
Nestle offers the Finance Apprenticeship Programme. You'll take on a real job from day one, while you study towards your CIMA qualifications. The CIMA Higher Apprenticeship lasts two years. During that time, you'll earn a competitive salary, take on two different roles within the finance team, and start your CIMA studies working to gain the CIMA Diploma in Business Accounting. You'll study with Kaplan on day release, at a local training centre, so you can balance studying with the experience that you gain in the work environment.
The roles that you take on will give you the chance to flex your ambition, as well as your commercial thinking and numerical skills. You could be managing cash collections, or working closely with commercial Sales and Marketing teams to ensure or be working on specific improvement projects.
- You'll need (or be predicted to gain) 3 A2 Level qualifications or equivalent (excluding General Studies and resits)
- If you are completing your A-levels in 2017 you will need 120 UCAS points, in line with the new UCAS scoring system. The equivalent requirement based on the former UCAS scoring system (2016 and previous) is 300 UCAS points.
- 5 GCSEs or equivalent at Grades A* - C (including at least a B in Maths and English)
Finance: Siemens Finance & Commercial Academy
Siemens is a leading global engineering and technology services company.
The Siemens Finance & Commercial Academy runs at the head office in Frimley, Surrey and at sites in Manchester, Lincoln, Poole and Newcastle.
You’ll be based at one of these sites to initially, but you’ll soon see the breadth ofthe business, spending time in core ares of Accounting & Financial Controlling, Procurement & Logistics, Compliance, HR, Shared Services and other business and corporate functions.
All in all, the Academy will give you a wide-range of commercial skills, money in the bank and plenty of opportunity to develop your career.
To apply, you need at least 280 UCAS points and GCSE grades C or above in Maths, English and, ideally, ICT. To stand out, you need to have a genuine interest in a career in Finance and an innovative streak combined with boundless curiosity and a naturally enquiring mind.
The Finance & Commercial Academy incorporates the CIMA qualification as the preferred route of study. During the first 2 years Academy students will achieve firstly the CIMA Certificate in Business Accounting and then the CIMA Diploma in Management Accounting (Operational Level of the Professional qualification). You then have the opportunity to continue to progress to fully qualified status within an estimated 5 year timeframe from starting CIMA studies.
To apply, you need to complete their application form and send a CV.
Here's an idea of what they are looking for in an individual:
- problem solving skills
- the ability and desire to learn fast
- team spirit
- customer focus
- drive and motivation
- a keen interest in Finance
Practice tailored psychometric tests similar to the ones used by Siemens HERE.
Finance: Tata Steel Finance Apprenticeship
Tata Steel offer a Europe Finance Apprentice Scheme. Your time on the Apprentice Scheme will be spent in Port Talbot where the Finance Headquarters of Tata Steel Europe is located.
You will undertake the following professional training at Neath Port Talbot College, which will be supplemented by internal training programmes:
- In Year 1 you’ll complete your AAT Level 2 Certificate in Accounting.
- Year 2 will see you complete your AAT Level 3 Diploma in Financial and Management Accounting.
- Year 3 you will complete your AAT level 4 Diploma in Accounting.
The majority of your time in the first year will be spent in Transactional processes. You will then undertake placements in:
• General ledger accounting
• Manufacturing accounting & reporting
• Sales & Marketing accounting and reporting
• Business Partnering
• Specialist areas e.g Business Reporting & Planning, Reporting & Group Control, Taxation, Internal Audit, Treasury and Mergers & Acquisitions
When you have completed the finance apprenticeship you will be AAT qualified
To apply you require 5 GCSEs or equivalent at grade C or above ( including maths, English and science) and 3 A Levels at Grade C or above, preferably in relevant subjects.
Finance: Visa Europe Higher Apprenticeships
Visa Europe is a payments business offering secure payment options for clients. They make money flow by enabling cardholders, retailers, and banks to do business with each other.
Visa Europe offer a number of 3 or 4 year higher apprenticeships to those with A levels who have decided they do not wish to go to university. They are based in either London, Basingstoke or Reading. The roles are within IT and Finance, with a Intermediate Apprenticeship in Business Administration. You will continue to study and be sponsored to achieve your professional exams. These could be Foundation degree in ICT or Level 4 AAT qualification to qualify as an accounting technician. Positions pay £15,000.
You require 2 A Levels or equivalent and five GCSEs at Grade C, which include English, Maths IT or Science. If you are applying for the finance apprenticeship, you need Maths or IT at A level.
Trading (Commodities): Trafigura Apprenticeship
Trafigura is one of the world's leading independent commodity trading and logistics houses. Their business is advancing trade for a growing array of customers and counterparties around the world. The company directly employs over 5,300 people through a network of 75 offices in 37 countries. They source, store, blend and deliver essential raw materials and commodities. In 2015, they traded 146.3 million tonnes of oil and petroleum products and 52.1 million tonnes of metals and minerals commodities. Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in recent years, growing revenue from USD18 billion in 2004 to USD97.2 billion in 2015.
Their 'Future Talent' development programmes have been designed to identify and develop the strongest candidates with the highest potential, providing immediate and thorough exposure to some of the most exciting, interesting and successful trading and financing strategies on the global market coupled with the support and training that is required to flourish. The environment is highly demanding and candidates who approach the learning process with real passion and commitment will quickly see the benefits of gaining an established foundation from which to catapult their career.
If you have decided not to go to university, excited by a career in commodity trading and you are happy to work anywhere in the world, then this represents a great opportunity.
Trafigura’s Commodity Trading Apprenticeship offers you the opportunity to join a particular business function (Corporate Finance, Deals Desk, Operations, Trade Finance, Mid - Downstream Supply, Warehousing and Logistics) for a year before being fast tracked to take part in their graduate programme. Those selected will be offered the chance to start in either Geneva or Houston. With a years’ worth of real world company experience your practical expertise will exceed that of external candidates joining the Trafigura graduate programme with Bachelors and Masters Degrees from some of the world’s top institutions. The opportunities at the end of the programme are therefore unlimited, whether that ultimately be in trading or management.
Depending on the function you are assigned to, you could play a role in charting the course of vessels carrying up 160,000 tonnes of product, given the responsibility to manage the price risk on cargoes worth over $40 million or even put in charge of financing multiple deals at one time with a combined total worth of over $400 million. There is no shadowing or making tea. From day one you will be a part of the team and expected to contribute as such. You will be supported fully throughout the programme to ensure you learn and progress as quickly as you can.
Trafigura will support your accommodation costs over the duration of your time on the programme - wherever it is in the world that you will be working from.
UK – A-level BBB or above / International Baccalaureate 34 or above
US – High School GPA 3.5 or above
France – French Baccalaureate 14 or above
Trading: BP IST School Leaver Programme
BP are one of the largest physical traders of oil and gas in the world with a huge array of assets, including refineries, ships, tanks and retail systems. The Integrated Supply & Trading (IST) is the market-facing component of their trading activities. They offer a three year IST programme for A-Level students. Based in Canary Wharf, the IST school leaver Programme is an ideal platform for top performers to gain experience on a trading floor. On the programme, you’ll undertake two job rotations in front office roles and participate in structured training and development.
You could be involved in a wide range of commercial activities in the oil, gas and shipping sectors such as:
- Analysing market data.
- Working with product control.
- Supporting an operations team on a trading bench.
- Working with the derivatives marketing team.
- Directly supporting a trading team’s day-to-day activities.
- Supporting commercial trading as part of the financial team.
You’ll develop the competencies and technical skills needed to move into a permanent role on the BP trading floor, at the end of the programme.
BP are looking for innovative thinking, an entrepreneurial spirit and the ability to relate well to colleagues. You need a strong academic record and 320 UCAS points from your top 3 A-Levels (or equivalent). The selection process will include verbal and numerical reasoning tests an interview and an assessment centre in the Canary Wharf offices. Applications usually open in January.