In South Africa, learnerships serve as a unique and effective approach to skills development and career advancement. They offer individuals valuable opportunities to gain hands-on experience and formal qualifications while providing businesses with a skilled and competent workforce.
Key Elements of Learnerships
- The Learner: Learnerships are open to a wide range of individuals, including young job seekers, school graduates, and existing employees looking to upskill.
- The Employer: Companies or organizations play a crucial role by providing learners with practical on-the-job training. Employers benefit from a pipeline of skilled workers.
- The Training Provider: Accredited institutions or training centers deliver the formal education component of the learnership, ensuring that learners receive the necessary theoretical knowledge.
How Learnerships Work
- Identification of Skills Needs: Companies and industries identify skills shortages and determine the need for learnerships in specific areas. This helps in tailoring learnership programs to address these gaps.
- Development of Learnership Program: A structured curriculum is designed, combining classroom-based learning with practical training. The curriculum is aligned with industry needs and includes assessment methods like tests, assignments, and workplace evaluations.
- Recruitment of Learners: Companies advertise learnership opportunities, and individuals apply based on their interests and qualifications. Successful candidates become learners within the program.
- Duration: Learnerships vary in duration, ranging from a few months to several years, depending on the program and qualification.
- Stipends or Allowances: Employers often provide stipends or allowances to learners to assist with living expenses while they undergo training. The amount may vary depending on the program and employer.
- Assessment and Evaluation: Continuous assessment ensures that learners acquire the necessary skills and knowledge. This process helps learners progress and succeed.
- Qualification: Upon successful completion, learners receive a nationally recognized qualification or certificate. This credential enhances their employability and career prospects.
- Potential Job Placement: Some learnerships offer the possibility of job placement with the employer upon completion, although it's not guaranteed.
- Sector Education and Training Authorities (SETAs): SETAs oversee the development and implementation of learnerships in various industries. They work with employers and training providers to ensure program quality.
Explore AFM's NQF6 Learnership: National Certificate in Financial Markets & Instruments
At AFM, we take pride in offering the NQF6 learnership known as the National Certificate in Financial Markets & Instruments. This accredited program, recognized by the Bank SETA, provides a comprehensive understanding of financial markets and instruments.
If you're interested in learning more about this learnership or wish to inquire about our services, please don't hesitate to contact us at info@academyfm.co.za. We look forward to assisting you on your journey towards personal and professional growth.