CFO Toolkit: Apprenticeships and Technical Education

Toolkit

Welcome to the UVAC CFO Toolkit

The guide and supporting, interactive, toolkit have been designed exclusively for UVAC members. It is developed to help Chief Financial Officers (CFOs) and other senior leaders in Higher Education Institutions (HEIs) navigate the financial, operational and compliance aspects of apprenticeships and technical education, forecast earnings and establish the return on investment to the institution of delivering Government’s flagship skills programmes.

 

The Guide comprises details on:

  • Improving understanding of funding methodologies, costing approaches, and pricing strategies.
  • Overcoming common barriers and misconceptions.
  • Practical tools to manage risks and capitalise on opportunities.
  • Making informed decisions on sustainable, high-quality provision.

 

The chapters explore the funding in increasing depth, from an overview of apprenticeships and technical education to specific guidance on delivery models, pricing, contracting, and maximising return on investment. Tools and resources are provided throughout to help CFO’s and apprenticeship and skills teams apply the principles in specific/ organisational contexts.

 

To view the full Guide download it HERE

Manage Training for HOW TO USE CFO TOOLKIT – to support delivery of effective apprenticeships and technical education. Watch the webinar here.

 

UVAC has produced a list of relevant tools and examples to help you

 

The full suite is listed below.

‘Apprenticeship Planning Checklist V1.0’
‘Apprenticeship Delivery Models Checklist V1.0’
‘Employer contracting checklist v1’
‘Basic Apprenticeship Programme Costing Tool v1.0’
EXAMPLE – Basic Apprenticeship Programme Costing Tool
‘Advanced Apprenticeship Programme Costing Tool v1.0’
‘Apprenticeship Financial Forecasting Tool v1.0’
EXAMPLE – Apprenticeship Financial Forecasting Tool
‘RPL Calculator v1.0’
EXAMPLE – RPL Calculator
‘Price breakdown Tool v1.0’
EXAMPLE – Price breakdown tool
‘ROI Tool v1’
EXAMPLE – ROI Tool