Wales's growing reputation as a major location for financial and professional services is reinforced by our highly skilled and cost effective workforce and our world-renowned academic institutions. We are home to over 3 million people, over 30% of whom are educated to degree level or higher.
Our 8 universities and 16 colleges have over 315,000 students (Source: HESA 2012) to help produce the next generation of talented and enthusiastic workers to support ambitious and growing companies.
“The major success factor [for us] is the people. We would not have achieved what we have without the diverse and capable workforce. I have been overwhelmed by the high quality of applicants every time I have recruited. The majority of our people are graduates and there is a huge pool of people in the relevant disciplines out there.”
Director of Quality and Risk Operations, Deloitte
Wales’s 8 universities’ are: Aberystwyth University, Bangor University, Cardiff Metropolitan University, Cardiff University, Glyndwr University, Swansea University, University of South Wales, and University of Wales Trinity St David.
Bangor University is one of the UK’s best rated institutions for finance related degrees, with the university being the only institution globally to offer the Chartered Banker MBA. Bangor is also ranked 15th in the world across their field (RePEc, Federal Reserve Bank of St Louis).
Cardiff Metropolitan University has been ranked as a top new university by major university guides and independently acclaimed for its academic standards.
Cardiff University is a member of the prestigious Russell Group of Universities and ranked 5th amongst UK universities in the 2014 Research Excellence Framework for quality and 2nd for impact.
Swansea University is one of the Top 30 research universities in the UK.
University of South Wales is one of the UK’s largest universities with a reputation for developing innovative solutions to meet the needs of employers (such the MSc in Financial Services Management and MSc in Dispute Resolution both developed in partnership with businesses).
Apprenticeships are designed around the needs of the employer and can help transform your business by offering a route to harness fresh new talent.
The Welsh Government aims to create at least 100,000 all age apprenticeships over the next 5 years to ensure peoples' skills align with what the economy needs.
Higher Apprenticeships at Level 4 and beyond means that we can develop stronger and deeper skills among our existing workforce. It also provides employers with the skilled staff that they need to boost productivity, innovation and overall business performance.
National Skills Academy for Financial Services
The National Skills Academy for Financial Services recognises Wales as one of the UK’s fastest growing locations for financial services, and as a result is actively involved with helping companies to locate here to train their next generation of staff.
The National Skills Academy for Financial Services’ strategy in Wales is endorsed by its participative and active Employer Board (collectively known as the Welsh Financial Services Employers Group) whose members include senior representatives from companies such as Admiral, Atradius, Cunningham Lindsey, Deloitte, AJ Gallagher, Legal & General and Lloyds Bank.