ICM announces plans for apprenticeship scheme

With the Government driven Apprenticeship Week in full flow, the Institute of Credit Management (ICM) has given full backing to the initiative by announcing plans for its own Credit Apprenticeship scheme.

The ICM will be inviting UK businesses to join the campaign which will potentially see school-leavers join credit departments to build valuable skills and qualifications. School-leavers could progress to the ICM Level 5 Diploma and BA (Hons) in Credit Management while gaining the experience of working – an attractive way to avoid high levels of student debt.

The Apprenticeship scheme will be a huge boost to the credit industry as a whole, while giving further weight to the credence of the profession says Debbie Tuckwood, the ICM’s Head of Education: “This will be the first opportunity for school leavers to join the credit industry and choose it as a professional career path,” she says.

“It is not too dramatic to say that this is a coming of age for the industry. Skills and education will be developed much earlier than currently possible, which in turn will drive the future of the industry.”

The Business Secretary Vince Cable has used the Apprenticeship Week scheme to urge UK businesses to invest in the next generation of skilled workers, a sentiment fully endorsed by Philip King, the ICM’s Chief Executive: “The Government is right in pursuing this initiative, but UK industry needs to get fully behind it. 

“The credit industry’s future is in the hands of those school leavers who might not have even considered credit management as a career option, and businesses with the drive to give them a head start. It is our responsibility to broaden the appeal, and do what we can to encourage more young people to become actively engaged.”

For businesses looking to get involved with the ICM Apprenticeship scheme, please contact ICM Education on 01780 722909 or email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .     

CREDIT where credit's due

10 May 2012 The Institute of Credit Management (ICM) has expressed concerns over the Government's consultation on Bailiff reform, and questioned whether the reforms being proposed are based on ...
25 April 2012 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly 'tip' for small businesses to better manage ...
16 April 2012 SMEs continue to show a marked appetite for improving their cashflow and are actively seeking out the expert advice and resources that will help them to do so, according to a lead...
27 March 2012 The Quarterly Credit Managers' Index (CMI - Q4 2011) has fallen below the 50-point threshold for the first time - a figure that not only confirms the ongoing pessimism among profe...
26 March 2012 The Institute of Credit Management (ICM) has partnered with service provider ComparetheDCA.com to launch an online platform that allows businesses to compare debt collection agenc...
20 March 2012 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly 'tip' for small businesses to better manage ...
16 March 2012 Philip King, Chief Executive of the Institute of Credit Management (ICM), has welcomed the publication of the Breedon Report and in particular the main recommendation to reinforce...
8 March 2012 Philip King, Chief Executive of the Institute of Credit Management, has welcomed the announcement from Business Minister Mark Prisk calling for a change in the culture of late paym...
21 February 2012 The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly 'tip' for small businesses to better mana...
20 February 2012 Philip King, Chief Executive of ICM will be speaking at the ICTF (Association of International Credit and Trade Finance Professionals) Symposium which is to be held in Paris on...

Training Courses

 FECMA