Cranfield School of Management have welcomed its second cohort from Metro Bank onto its MSc programme in Retail and Digital Banking, having been set up in 2018.
The course is the UK’s first master’s-level apprenticeship for senior banking professionals, and is fully funded from the Apprenticeship Levy.
Since its launch last year, Metro Bank have already seen 25 of their apprentices complete the first year of the two-year part time degree. From those that signed up in 2018, a fifth have gone on to achieve promotions within the bank.
Following on from this success, the MSc has been opened up to apprentices from other banks who will be learning alongside the 20 new apprentices from Metro Bank.
Professor Catarina Figueira at Cranfield School of Management added: “We are so pleased to welcome another 20 senior banking professionals from Metro Bank at Cranfield University. The MSc in Retail and Digital Banking has been a great opportunity to collaborate closely with Metro Bank, a collaboration of which we are very proud, and to contribute to the development of many of their staff.
“The fact that several participants from the first cohort have already achieved promotions attests to the significant impact that the programme is having in developing bankers and improving the practice of banking. This undoubtedly also highlights the importance that Metro Bank places in investing in its staff.
“Our second cohort started the programme a couple of months ago, with committed professionals from other banks also involved and many others expressing interest in joining future cohorts.”
Danny Harmer, Chief People Officer at Metro Bank, says: “We’re really proud to be offering our MSc in Retail and Digital Banking again this year. At Metro Bank, we invest in our colleagues and support them in building and providing the very best banking experience for our customers – and that’s what this degree, offered in partnership with Cranfield University, is all about. Feedback from our year one colleagues has been overwhelming, with a number of them being part of the teams developing and improving our customer proposition and several also securing well-deserved internal promotions last year. It’s great to see other banks following our lead and getting involved this year.”
Cranfield School of Management is ranked within the UK’s top 10 MSc in Finance and Management according to the Financial Times, and number one in the UK and seventh in the world for its MBA according to The Times Higher Education World University Rankings - Business School Report in 2018.
About Cranfield University
Cranfield University is a specialist postgraduate university that is a global leader for education and transformational research in technology and management.