April 2018 – According to the most recent study by news magazine “Focus” and “Focus Money”, HSH Nordbank is one of “Germany's best training companies 2018” – and is even test winner in the state and business development banks category. The recipe for success is a perfect mix of theory and practice as well as a high degree of co-creation and development opportunities for the trainees and dual study program students. This helps to secure the future of the bank, especially at a time when there is an increasing lack of skilled workers and young talent.
Felix Josek has a stressful time behind him. But he's still working very calmly. At the beginning of this year, after six brilliant semesters, the 22-year-old was distinguished as the best professional IT salesman by the Kiel chamber of industry and commerce. “I’m really quite proud of this,” says the young man from Buxtehude. Josek specially moved into the state capital of Schleswig-Holstein to train for the dual study program train at HSH Nordbank. He started at the banking company in 2015, and from then on commuted between his workplace and the Schleswig-Holstein dual study program. Josek says that didn’t have to live ascetically, however. “Both branches of the training complemented one another well” – “synergy effect” is the new buzzword for it. The young man gained the theoretical skills relating to bits and bytes at the private college and in his free time on evenings and weekends at home with his learning materials.
He was then given the practical on-the-job training in the bank in the vitally important subject of IT. “I was really taken by the subject of IT-security,” says Josek. So much so, that after his final exam for his Bachelor of Science in Business Informatics he will soon be working full time in a permanent role at HSH Nordbank. Josek only had to pay a small share of 120 Euro a month out of his own pocket for the bachelor degree at the private college. The significantly larger share of costs was taken over by the bank
Model student Felix Josek is an example of a trend which is becoming increasingly clear in the German economy and also at HSH Nordbank: the dual study program is more popular than ever. At the end of 2016, the number of students on a dual study program in Germany has for the first time exceeded the 100,000 mark. Even the number of companies cooperating in the scheme and the range of courses on offer is clearly displaying an upward trend, according to statisticians at the Federal Institute for Vocational Training in their latest assessment of the “AusbildungPlus” database. Most of the offers are in engineering and economics.
Dual study program more popular than ever. At the end of 2016, the number of students on a dual study program in Germany for the first time exceeded the 100,000 Mark
For years, HSH Nordbank has been helping to ensure that the dual study program booms with its range of training on offer. “We are reacting to the growing interest in this form of training but, at the same time, our range creates new demand. This is a classic win-win situation for us and the young talent,” says Judith Steinhoff, personnel manager at HSH Nordbank. In the face of the demographic trend and the genuine risk of a lack of skilled workers and young talent, German companies have no other option but to take action in this regard. HSH Nordbank is clearly excelling in this regard. News magazine “Focus” and “Focus Money” recently honored the bank for the quality of its training and additionally declared it the winner in the category of state and business development banks. For the survey the training representatives of 20,000 companies in Germany with a large workforce from 93 industries had been interviewed. In total 73 businesses were honored. The renowned personnel diagnostician Professor Werner Sarges from the Helmut Schmidt University in Hamburg accompanied the survey scientifically.
Focus on dual study programs in percent
Source: OECD, 2017
28 trainees and dual study program students are currently working at HSH Nordbank. All of them who gain a “good” or “very good” mark receive an offer for a contract of employment of indefinite duration. Among the 28 are bachelor students in Kiel who, like Felix Josek, are studying business informatics or business studies; also among them are students in Hamburg who are being taught Business Administration at the Hamburg School of Business Administration, HSBA. But a even though it is something of a boom time for the dual study program, this does not mean that the classic way of learning has become obsolete. HSH Nordbank trains salespeople for office management in Kiel – “a very diverse training,” as training manager Tanja Morawetz stresses.
Whether classic apprentice or dual study program students, everyone at HSH Nordbank enjoy the two-pronged approach of intense support and maximum freedom. “It is very important to us that our highly promising new blood have a steady contact person receive dedicated mentors from day one, and that the young professionals are trained according to their strengths and interests” says Morawetz. This next to the active involvement in their own training course also includes the takeover of projects and the planning of a dialog event at which the trainees face-to-face meet the top management. In addition to the professional support as part of their training, every apprentice and dual study program student will find it to be character building and personally enhancing. How will I manage the leap from school to career starter? How will I cope with difficult situations that I encounter professional life? And what happens after the training or the dual study program?
Felix Josek is now asking himself the last question. Although he would first of all like to gain a foothold in his new job in data security, he is already planning his next move: a Master’s by distance learning. He can also rely on the help of his employer for this.
Values refer exclusively to first courses of study
Federal Institute for Vocational Training, AusbildungPlus database (dated: January 2017)