The Association of Accounting Technicians (AAT) and the University of Exeter have collaborated to introduce a new Accounting Finance Manager degree apprenticeship, starting in September 2025.

This programme combines the AAT Level 4 Diploma in Professional Accounting with a Bachelor’s degree, integrating academic learning with workplace-relevant training.

Apprentices will complete the AAT Level 4 Diploma during their first year, gaining early qualifications that provide exemptions for certain ACCA and CIMA exams, supporting their path to becoming chartered accountants.

The course structure was developed with input from the University of Exeter’s employer partners to align with current needs in the finance sector.

The University of Exeter Centre for Degree Partnerships director Rachael Johnstone said: “The Accounting Finance Manager Degree Apprenticeship opens new doors for aspiring accounting and finance professionals, combining academic excellence with practical industry-focused skills to create a truly inclusive pathway to success.

“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.”

The initiative seeks to address skill gaps in finance and open pathways for school leavers and career switchers from varied backgrounds to enter the profession through a degree apprenticeship.

UK businesses can fund employee training using the Skills and Growth levy, enabling them to develop and recruit skilled accounting professionals to contribute to economic development.

AAT  Customer, Partnerships and Innovation  executive director Claire Bennison said: “Our collaboration with the University of Exeter is a game-changer for those seeking a career in finance.

“For the first time, our Level 4 Diploma qualification will be obtained within the first year ensuring students will be able to step into the finance world sooner.

“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.”