AAT and Exeter launch accounting apprenticeship degree

Sara White, Editor, Business & Accountancy Daily - Croner-i

A partnership between AAT and the University of Exeter sees the launch of a brand new accounting apprenticeship degree, giving exemptions to some CIMA and ACCA exams.

The University of Exeter and  the Association of Accounting Technicians (AAT) have launched the Accounting Finance Manager Degree Apprenticeship, starting September 2025, offering a new route for school leavers and mature students to become chartered accountants.

The Level 6 programme is set to ‘redefine pathways into the finance profession by blending academic with practical, employer-focused training’, AAT said.

The programme is the first to offer the industry-recognised AAT Level 4 Diploma in Professional Accounting in addition to a bachelor’s degree. The Level 4 qualification will be completed in the first academic year, and will provide exemptions for ACCA Applied Skills and Knowledge exams and CIMA exams ahead of further study to become a chartered accountant.

The programme combines study with work, following a curriculum developed in close collaboration with the University of Exeter’s employer partners to meet the evolving needs of the finance industry.

The apprenticeship degree will qualify for funding from the government’s new skills and growth levy, and is now open for applications from employer partners.

One of the key objectives is to empower individuals from diverse backgrounds to consider a degree apprenticeship, while creating a pipeline of highly skilled finance and accounting professionals to address skills shortages.

Rachael Johnstone, director of the Centre for Degree Partnerships at the University of Exeter, said: ‘Our partnership with AAT is a transformational step in our mission to widen participation in higher education and diversify the accounting and finance industries. We’re excited to welcome our first cohort in September 2025.’

This apprenticeship degree is a first for AAT, opening up a new route for access to careers in accountancy and finance.

Claire Bennison, executive director, customer, partnerships and innovation at AAT, added: ‘Our collaboration with the University of Exeter is a game-changer for those seeking a career in finance.

‘This degree apprenticeship ensures students are on track to obtain practical accounting skills they will draw on throughout their careers. It demonstrates that there are many routes to professional success, whether you’re starting out after school or looking to upskill later in life.

‘By equipping apprentices with globally recognised qualifications and a clear pathway, we’re empowering individuals and supporting employers in building a skilled, diverse workforce.’