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Documentation about this Standard
Start Date: Mon, 02/12/2019
Written by employers, with input from participating Professional/Trade Bodies and Training Organisations, the Motor Finance Specialist Level 3 Apprenticeship Standard provides Learners with an opportunity to gain experience in offering and/or administering finance packages to customers buying vehicles. Apprentices can gain knowledge in market and business awareness, the range of motor finance products available and the regulation surrounding them.
Designed with different learning styles in mind, IMI’s solution ensures Apprentices are fully engaged and prepared for their End-Point Assessment (EPA). This standard is suited to those who are new to the role or are progressing on their career journey through an organisation.
Typical job titles for these roles include: Dealer Support, Finance and Insurance Manager, Customer Adviser, Business Manager, Account Manager. The two options are:
Typically it is expected that it will take 18-24 months to complete the apprenticeship.
Employers will set the entry requirements for their Apprentices. It is recommended that the Apprentice demonstrates the following qualities during the selection process:
English and Maths at Level 2 (or equivalent) is required to be held by the Apprentice prior to the EPA. For further details regarding English and Maths requirements, please refer to the Assessment Plan for the Standard.
The IMI offer an eLogbook where Apprentices can log and upload their progress throughout their on-programme learning.
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