A controversial MBA apprenticeship scheme that authorized providers in England to ship senior executives to company faculty with income earmarked for on-the-job schooling is established to be axed.
The shift to scrap the qualification was revealed when the Institute for Apprenticeships and Technological Instruction, which administers apprenticeship requirements, posted a revised record of apprenticeship requirements adhering to suggestions from companies with all reference to MBAs removed.
The decision is envisioned to be confirmed in early June when the government is because of to publish a overview of MBA apprenticeships.
The inclusion of MBAs as part of the government’s apprenticeship scheme was widely criticised as it diverted a substantial proportion of the funding absent from place of work schooling. The funding for apprenticeships comes from a levy launched in 2017 that requires companies with annual wage bills earlier mentioned £3m to established apart an equal of .5 per of their payroll.