Case Studies

Vaultex

Chartered Manager Degree Apprenticeship

Vaultex, one of the UK’s leading cash handling companies, prides itself on investing in its people by providing quality developmental opportunities for staff.

Vaultex already has a successful graduate programme, but wanted to develop a programme for undergraduates, too. Coventry University’s Chartered Manager Degree Apprenticeship, developed in partnership with the Chartered Management Institute (CMI), provides opportunities for apprentices to become future managers and leaders. The programme is tailored to the company’s culture and business needs, so that by the time they graduate, apprentices are prepared and ready to step into a management role. As well as a BA Honours degree, they also achieve the professional qualification of Chartered Manager, awarded by CMI.

“The aim was to grow and nurture new talent,” says Learning and Development Manager Paul Hannon. “We recognised it would work both ways. Not only would we encourage career development, we’d be future proofing Vaultex for when people leave the company - with fully trained and experienced people ready to step in.”

Five Vaultex Higher Level Apprentices, undertaking Chartered Manager Degree Apprenticeships in different departments, started the programme in January 2016. Paul Hannon is very happy with how the programme is going:

“Based on our experience so far, from the outset right through to now, I would certainly recommend Coventry University. The guys have been fantastic…and helped us develop what we’ve got today, with the view that we’re looking to take it further and start another programme in the not-too-distant future.”