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The Importance of Apprenticeships to the Fintech Sector After Covid-19

Claire Gillespie

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apprentice software engineers Apprenticeships

Claire Gillespie, Digital Technology Skills Manager at Skills Development Scotland, spoke to DIGIT about how apprenticeships could be the key to the fintech sector’s progress after the virus.

The current pandemic has focused the mind and fast-forwarded our future, as we now rely on digital technology and associated skills far more than ever before.

But despite the many economic and (and health) challenges, the tech industry – and fintech in particular – remains relatively resilient and employers are still looking to recruit. But what might get lost during the current crisis is the need to attract new entrants into the industry, and the provision of the training and support they need to help us – and you – fill the skills gap in tech.

While we understand that employing and training new starts can sometimes be time-consuming and costly, apprenticeships offer an ideal solution. You get passionate and motivated talent who bring fresh eyes and energy to your business, and they essentially hit the ground running, contributing to your bottom line from day one as they put into practice what they learn.

With double-digit-percentage increases in Modern Apprentices and momentum building in the Foundation and Graduate Apprentices, many employers are seeing the advantages of taking on an apprentice to help build their business while growing the talent pipeline.

And apprenticeships are not just for new starts. Work-based learning can also be used for upskilling or reskilling existing staff. So if jobs are changing then a tech apprenticeship can upskill/reskill someone from one role to another, all while allowing you to keep the wider knowledge that person has of your business.

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Covid has thrown us some real challenges, and the tech sector has been quick to respond. The “No One Left Behind” digital campaign and Scotland’s Tech Army being just two examples of this, but we need to make sure we take this attitude into our businesses, and we need to continue developing a culture of diversity and opportunity which the tech sector is already renowned for.

We have “digital human” apprentice opportunities at all levels and covering many disciplines:

Graduate Apprenticeship
• Cyber Security
• Data Science
• IT: Software Development
• IT: Management for Business

Modern Apprenticeships
• IT & Telecoms
• IT & Telecoms Technical
• Information Security
• Information Security Technical
• Digital Marketing
• Creative and Digital
• Digital Applications
• Project Management Technical
• Data Analysis
• Data Analysis Technical

Foundation Apprenticeship
• Scientific Technologies
• Creative and Digital
• IT: Software Development
• IT: Hardware and Systems Support

New talent and new skills are essential for facing an uncertain future. So please come and visit us on our virtual stand at the Fintech Summit to find out more about apprenticeships, but more importantly, come and tell us more about the challenges you and the fintech sector face regarding skills and training that we at SDS (and Digital World) can help you with.

Confirm your free place at the Financial Technology Virtual Summit on the 29th September  by visiting: www.fintech-summit.co.uk

Claire Gillespie, Digital Technology Skills Manager at Skills Development Scotland apprenticeships

Claire Gillespie

Digital Technology Skills Manager at Skills Development Scotland

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