Banking Degree Apprenticeships

What happens in a banking degree apprenticeship?

You'll work on real projects at major banks like Barclays or HSBC while studying for your degree. Whether you're interested in investment banking, fintech innovation, or customer relationships, you'll get direct access to the financial world.

The types of projects you'll work on will vary. You could help develop new digital banking features, analyse market trends, or learn how to help customers make smart financial decisions. You'll learn from people who actually work in the industry, use cutting-edge technology, and build your professional network.

Your schedule might include four days at university during study periods or one day per week (with the other four at work) – it varies by program, so you can find what works for you.

What types are there?

Banking degree apprenticeships offer a wide range of pathways, from relationship management to digital banking, financial analytics, and investment operations. While management is super popular, you could also find yourself working in:

Here’s what this degree apprentice thought about their time as a Financial Services Professional at Lloyds Banking Group.

How much does a banking degree apprentice earn?

Banking degree apprentices typically earn between £25,000 and £31,000 per year, depending on your location and employer. So there’s some serious money to be made.

As degree apprenticeships are at a higher level, employers tend to pay a lot more than the national apprenticeship wage. Many employers review these salaries annually, so it's 200% worth checking recent job listings for the most up-to-date salaries.

What are the entry requirements for a banking degree apprenticeship?

Entry requirements for these schemes vary as employers have individual criteria, however, the minimum requirements employers look for are:

• Two or more A-Levels (in relevant subjects) OR an existing level 3, 4 or 5 qualification

• GCSEs in English and Maths (grade 4 or above)

• Candidates must be aged 18+

How to apply

Opportunities pop up all year round. However, some employers hire apprentices between February and April to start in September. Always read the job description and apply for as many as you can.

If you’re terrible with dates, we’ve got you. Sign up for an account with Higherin, and we’ll let you know when your application deadlines are close.

The application process

The application process varies between employers. Some will ask you to complete online assessments, while some will invite you to a full assessment day. Almost all of the time you'll have to have ready an apprenticeship CV and cover letter.

To help you with your applications, we’ve got lots of free application advice and interview tips for you to browse.

You can also read up on the apprenticeship application process in more depth.