Wednesday 14 December 2011
Barclays to triple sponsored student numbers
BABM students receive a salary and pay no tuition fees during their placement years
Barclays is set to triple the number of sponsored students it takes from Nottingham Business School over the next two years, giving more students the chance to gain both a degree and work-experience, earn a salary and pay less tuition fees.
Students on the BA (Hons) Business Management (In-company) (BABM) degree spend the first year at Nottingham Trent University and the final two years working full-time for a company, which pays them a salary and also covers the cost of their tuition fees during the placement.
Barclays has been involved with the programme since 2006 and currently employs approximately 10 Nottingham Trent University students each year. The success of the course has led to the company increasing recruitment to 20 students for the 2012 intake, and more than 30 in 2013.
While at Barclays students undertake a number of different roles, including personal banker in the first year and branch manager in the second. Retention is exceptionally high, with 92% of the students staying with Barclays after graduation.
BABM programme director at Nottingham Business School, Barbara Sargent, said: "Courses which lower the cost of a university education are in huge demand at the moment. BABM students have the best of all worlds - a university degree, only one year's tuition fees to pay, two years' work experience, and a high chance of employment after graduating."
Frankie Woodhead graduated from BABM in 2010 and is now commercial channel planning manager, UK Retail and Business Banking, at Barclays. He said: "BABM and Barclays have given me a head start in front of most graduates in the UK. Two years' experience in financial services at the age of 20 is priceless."
Johannah Lynch, leadership development specialist, UK Retail and Business Banking HR - entry level talent, Barclays, said: "We're increasing our recruitment because the course has been very successful in helping us to find high-calibre employees to fill various roles within the organisation. We're looking for customer-centric people who are focused on a retail career and will get stuck in from the beginning."
BABM was the first course of its kind when it was launched by Nottingham Business School in 1998. Students work for a range of global companies such as Rolls-Royce, Toyota and Boots. Applications for BABM are made through UCAS. Further information on the programme and other Nottingham Business School sponsored degrees can be found on the website.
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