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Deloitte inducting into sponsored education

Deloitte is launching another programme sponsoring talented people who want to further their studies. The financial services firm sponsors three main programmes which cater for either full-time employees, full-time students, or employees who are studying part-time.

Deloitte runs these programmes across its global network. In Malta, they have been running for around eight years, starting with a course for ACCA students. It was also extended officially to ACA students last year. There are currently around 26 in the second intake of the ACA programme, mostly graduates.

The manager looking after the programme in Malta, Cathy Peric, said the idea goes well beyond a financial sponsorship.

Each student has a ‘buddy’ who is there to mentor them and relate the study experience to real situations through work experience. This makes a tremendous difference to their approach – and to their academic results,” she said.

The standard pass rate is around 50-57 per cent while that for the Deloitte students was an impressive 85 per cent.

Most of the programmes bind the students to a number of years working with Deloitte upon completion, depending on the programme selected – which, of course, could also be taken as guaranteed employment! There is also the opportunity to get a short-term internship in other Deloitte offices around the world.

Students are screened and tested for their numerical skills, apart from being interviewed. It says a lot about the level of importance given to the programme that Deloitte’s directors try to attend the interviews in person.

Deloitte offers these programmes as part of its corporate social responsibility but it clearly has an agenda, albeit a benevolent one. It wants to recruit the best and the brightest – not an easy task when these are being targeted by rival firms, and even rival economic sectors.

We are looking for quality and not for numbers,” manager Caroline Cassar Reynaud said.

This is all part of our ongoing quest for excellence, which does not stop with recruitment. There are continuous learning programmes across the organisation.”

Taking them on when so young – usually the second year of their degree – has its pros and cons: they are still open to the idea of different corporate cultures – but they are also faced with numerous other opportunities in their future. Clearly recruiting them is the first challenge; the second is retaining them.

Deloitte currently has 250 employees – and counting – and retains them through good human resource principles, aimed at families and a work-life balance.

It is a very collaborative atmosphere, not at all a hierarchical one,” Ms Cassar Reynaud said.

Deloitte will be inducting around 25-30 people into the programmes this year, around 20 of whom will be students.

For more information please visit www.deloitte.com/mt/careers or send an email on careers@deloitte.com.mt or call 2343 2000.

 

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte Malta refers to a civil partnership, constituted between limited liability companies, and its affiliated operating entities; Deloitte Services Limited and Deloitte Audit Limited. The latter is authorised to provide audit services in Malta in terms of the Accountancy Profession Act. A list of the corporate partners, as well as the principals authorised to sign reports on behalf of the firm, is available at www.deloitte.com/mt/about.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.

© 2013. For information, contact Deloitte Malta.

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Contacts

Name:
Caroline Cassar Reynaud
Company:
Deloitte
Job Title:
Office of the CEO
Phone:
+356 23432000
Email
ccassarreynaud@deloitte.com.mt