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8.5) By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
Apprenticeships and Work Based Learning Programs are deeply rooted within the history of UBS. Currently, UBS has around 2'700 young people enrolled in one of its junior talent programs globally, ranging from apprentices to university graduates and being largely stable over the past five years. Working with apprentices and graduates gives valuable insight into the mindset and needs of the next generation of employees, and clients, whilst also providing a pipeline of talent to support the business of UBS and to developing its workforce of the future. UBS constantly evolves the offering and approach to Junior Talents knowing that their career aspirations are also evolving.
UBS has implemented diverse training programs for students and school leavers. For students, training opportunities include internships and graduate talent programs available globally. In addition, MBA and veterans associate programs are offered in the United States. School leavers benefit from multiple apprenticeship programs such as: apprenticeship in banking, the 18 month bank entry program for secondary school graduates (BEM), and IT training programs in Switzerland. UBS offers similar programs in other regions of the world, for example, the UK apprenticeship program for school leavers, and the four−year cadet program for high school graduates in Australia who will work at UBS during their entire university education in Front Office and Corporate Center functions.
1'700 candidates get hired at UBS every year. UBS has a strong focus on targeting, attracting and hiring a diverse junior workforce. At the end of the program, UBS matches the alumni with the team most suitable to continue their career at UBS. Around three quarters of the apprentices and trainees remain with the bank after their training is complete and many of them assume key roles over time. To further nurture the talent pipeline in Switzerland, UBS has established a two−year development program for high performing individuals from the apprenticeship in banking and BEM program. Participants acquire specialist know−how, enhanced social and methodological skills, and intense foreign language training.
Continue reading to discover four of these exciting programs in more details.
The Graduate Talent Program
UBS’ Graduate Talent Program (GTP) offers opportunities to kick off a career in all UBS divisions: Global Wealth Management, Investment Bank, Asset Management, Private & Corporate Clients or Corporate Center. The program spans a 18 to 24−month period and tar− gets graduates with a bachelor’s or master's degree. Rotations are a key component of the program, where trainees take on roles in related departments to gain a wider perspective. The program is structured to ensure trainees are involved in day− to−day operations alongside seasoned professionals, learn about financial markets, UBS’ products, and other core business topics. Finally, they get to know UBS through mentoring, networking and social events, and cross−business training.
The Banking Apprenticeship at UBS (Switzerland)
UBS is a renowned training provider for apprentices in Switzerland. The banking apprenticeship is a three−year program aimed at secondary school leavers (16 years old), with a high degree of practical experience in various business areas in the banking business (e.g. retail banking, corporate banking and wealth management). The program supplements on−the−job training at UBS with theoretical knowledge from commercial vocational school, as well as in industry level training at the banking training center. UBS invites the program participants to various central and regional internal training and events to complement their general knowledge with the UBS approach to business.
Apprentices attend school for one or two days a week during all years of the apprenticeship, and are assigned on−the−job trainers to introduce, train and mentor, and evaluate them on work performance at UBS. After completing the three−year training, students are awarded a Federal VET Diploma in Commerce.
UBS’ IT training programs (Switzerland)
UBS is one of the largest employers and trainers in IT in Switzerland. Information Technology not only underpins the business of the bank but remains essential given the technological and digital transformation in the workplace. To develop IT talent and ensure a pipeline of talent to meet IT needs, UBS has implemented two training programs in Switzerland. These include:
IT Apprenticeship
The four−year apprenticeship program in Information Technology combines practical experience at UBS with weekly vocational training. Subjects such as business administration, languages, and scientific fundamentals, are taught at the vocational schools. The apprenticeship aims to enhance the knowledge of program participants on basic concepts of Information Technology. The training adopts a practical approach, where participants work on specific projects, with the intention to deepen their IT knowledge, and acquire essential IT skills. As part of the training at UBS’ Zurich offices, students have a choice between three disciplines.
Systems engineering: comprehensive training in the areas of servers, operating systems, networks, hardware and software.
Application development: comprehensive training in the area of software development.
Mediamatics: comprehensive training in the areas of digital media, design, maintenance and editing of websites, marketing, communication, and administration.
Upon completion of the four−year training, apprentices are awarded a Federal VET Diploma in Information Technology or Mediamatics.
2. IT way-up Program
A two−year program that focuses on application development. The IT-way- up program is aimed at graduates in commercial education at a bank, or a school or college recognized by a canton or the federal government of Switzerland, who are between the ages of 18 and 25.
The first seven months focus on basic training in IT, with external training modules offered by ICT vocational training association Switzerland. After the basic training, trainees work directly with project teams to build up practical experience in IT. This is to prepare them for project assignments with UBS. Upon completion, trainees are awarded with the Federal VET Diploma in In− formation Technology.
The UK Apprenticeship Program
The UK apprenticeship program is specifically designed for school leavers who leave school at 18 years old, and represents an important junior talent pipeline for UBS in the United Kingdom. The program is positioned as a viable alternative to university for applicants looking to join the world of financial services, and UBS, following school. It is an entry level program that attracts high quality and diverse school leaver candidates. The pro− gram provides apprentices with the skills and experience required to transition from school to the workplace, whilst working towards a professional qualification in their chosen business area. From Technology and Operations, through to Equities, Wealth Management and Compliance & Operational Risk Control, a wide range of opportunities are available. In addition to the exciting challenges of the day−to−day role, program participants also receive classroom based training on a variety of technical and behavioral topics to set them up for success in the world of UBS.
All qualifications are industry recognized, as well as being recognized by the UK Government. After an initial 18 month program, apprentices complete a professional qualification in their chosen business area. Apprentices then have the option to progress onto further study with higher level qualifications for an additional 2−3 years. Apprentices receive a full time salary and are sponsored for all professional qualifications costs.
UBS sees vocational learning as a highly effective form of education. Young people learn in the real business world, develop critical communication and teamwork skills, and bring their own perspectives to bear. On top of this, work−based learning adapts in real−time based on what's happening in the industry and environment.
8.6) By 2020, substantially reduce the proportion of youth not in employment, education or training
Apprenticeships and Work Based Learning Programs are deeply rooted within the history of UBS. Currently, UBS has around 2'700 young people enrolled in one of its junior talent programs globally, ranging from apprentices to university graduates and being largely stable over the past five years. Working with apprentices and graduates gives valuable insight into the mindset and needs of the next generation of employees, and clients, whilst also providing a pipeline of talent to support the business of UBS and to developing its workforce of the future. UBS constantly evolves the offering and approach to Junior Talents knowing that their career aspirations are also evolving.
UBS has implemented diverse training programs for students and school leavers. For students, training opportunities include internships and graduate talent programs available globally. In addition, MBA and veterans associate programs are offered in the United States. School leavers benefit from multiple apprenticeship programs such as: apprenticeship in banking, the 18 month bank entry program for secondary school graduates (BEM), and IT training programs in Switzerland. UBS offers similar programs in other regions of the world, for example, the UK apprenticeship program for school leavers, and the four−year cadet program for high school graduates in Australia who will work at UBS during their entire university education in Front Office and Corporate Center functions.
1'700 candidates get hired at UBS every year. UBS has a strong focus on targeting, attracting and hiring a diverse junior workforce. At the end of the program, UBS matches the alumni with the team most suitable to continue their career at UBS. Around three quarters of the apprentices and trainees remain with the bank after their training is complete and many of them assume key roles over time. To further nurture the talent pipeline in Switzerland, UBS has established a two−year development program for high performing individuals from the apprenticeship in banking and BEM program. Participants acquire specialist know−how, enhanced social and methodological skills, and intense foreign language training.
Continue reading to discover four of these exciting programs in more details.
The Graduate Talent Program
UBS’ Graduate Talent Program (GTP) offers opportunities to kick off a career in all UBS divisions: Global Wealth Management, Investment Bank, Asset Management, Private & Corporate Clients or Corporate Center. The program spans a 18 to 24−month period and tar− gets graduates with a bachelor’s or master's degree. Rotations are a key component of the program, where trainees take on roles in related departments to gain a wider perspective. The program is structured to ensure trainees are involved in day− to−day operations alongside seasoned professionals, learn about financial markets, UBS’ products, and other core business topics. Finally, they get to know UBS through mentoring, networking and social events, and cross−business training.
The Banking Apprenticeship at UBS (Switzerland)
UBS is a renowned training provider for apprentices in Switzerland. The banking apprenticeship is a three−year program aimed at secondary school leavers (16 years old), with a high degree of practical experience in various business areas in the banking business (e.g. retail banking, corporate banking and wealth management). The program supplements on−the−job training at UBS with theoretical knowledge from commercial vocational school, as well as in industry level training at the banking training center. UBS invites the program participants to various central and regional internal training and events to complement their general knowledge with the UBS approach to business.
Apprentices attend school for one or two days a week during all years of the apprenticeship, and are assigned on−the−job trainers to introduce, train and mentor, and evaluate them on work performance at UBS. After completing the three−year training, students are awarded a Federal VET Diploma in Commerce.
UBS’ IT training programs (Switzerland)
UBS is one of the largest employers and trainers in IT in Switzerland. Information Technology not only underpins the business of the bank but remains essential given the technological and digital transformation in the workplace. To develop IT talent and ensure a pipeline of talent to meet IT needs, UBS has implemented two training programs in Switzerland. These include:
IT Apprenticeship
The four−year apprenticeship program in Information Technology combines practical experience at UBS with weekly vocational training. Subjects such as business administration, languages, and scientific fundamentals, are taught at the vocational schools. The apprenticeship aims to enhance the knowledge of program participants on basic concepts of Information Technology. The training adopts a practical approach, where participants work on specific projects, with the intention to deepen their IT knowledge, and acquire essential IT skills. As part of the training at UBS’ Zurich offices, students have a choice between three disciplines.
Systems engineering: comprehensive training in the areas of servers, operating systems, networks, hardware and software.
Application development: comprehensive training in the area of software development.
Mediamatics: comprehensive training in the areas of digital media, design, maintenance and editing of websites, marketing, communication, and administration.
Upon completion of the four−year training, apprentices are awarded a Federal VET Diploma in Information Technology or Mediamatics.
2. IT way-up Program
A two−year program that focuses on application development. The IT-way- up program is aimed at graduates in commercial education at a bank, or a school or college recognized by a canton or the federal government of Switzerland, who are between the ages of 18 and 25.
The first seven months focus on basic training in IT, with external training modules offered by ICT vocational training association Switzerland. After the basic training, trainees work directly with project teams to build up practical experience in IT. This is to prepare them for project assignments with UBS. Upon completion, trainees are awarded with the Federal VET Diploma in In− formation Technology.
The UK Apprenticeship Program
The UK apprenticeship program is specifically designed for school leavers who leave school at 18 years old, and represents an important junior talent pipeline for UBS in the United Kingdom. The program is positioned as a viable alternative to university for applicants looking to join the world of financial services, and UBS, following school. It is an entry level program that attracts high quality and diverse school leaver candidates. The pro− gram provides apprentices with the skills and experience required to transition from school to the workplace, whilst working towards a professional qualification in their chosen business area. From Technology and Operations, through to Equities, Wealth Management and Compliance & Operational Risk Control, a wide range of opportunities are available. In addition to the exciting challenges of the day−to−day role, program participants also receive classroom based training on a variety of technical and behavioral topics to set them up for success in the world of UBS.
All qualifications are industry recognized, as well as being recognized by the UK Government. After an initial 18 month program, apprentices complete a professional qualification in their chosen business area. Apprentices then have the option to progress onto further study with higher level qualifications for an additional 2−3 years. Apprentices receive a full time salary and are sponsored for all professional qualifications costs.
UBS sees vocational learning as a highly effective form of education. Young people learn in the real business world, develop critical communication and teamwork skills, and bring their own perspectives to bear. On top of this, work−based learning adapts in real−time based on what's happening in the industry and environment.