PraxisIFM names 2020 Bursary Award recipient

Friday 09 October 2020

PraxisIFM has awarded its 2020 Bursary to Elizabeth College leaver Zachary Ellis.

Each year PraxisIFM invests in one Guernsey-resident prospective university student through its annual bursary award.

The scheme, which is now entering its fourth year, gives the individual a chance to explore the financial services industry and the range of roles available, while at the same time completing their degree and developing their individual interests and desired career direction further.   

Zach, who has recently completed his A-levels, is heading off to Oxford University to complete a MEng in Engineering Science.

Zach gained A*s in his four A-level subjects which includes maths, further maths, French and physics. With a clear aptitude for STEM subjects (Science, technology, engineering, and mathematics) and seeing similarities between his chosen degree and finance, Zach explains how this sparked his interest in the industry.

"I think a lot of parallels can be drawn between the two, such as the mathematical and analytical skills that underpin both, and the fact that they are comprised of tailored, complicated structures that serve a specific purpose. I am looking forward to learning more about the finance sector and how it operates."

Group Head of Human Resources Sharon Coburn  said the bursary provides an opportunity for the recipient to get real world experience of the industry. 

"Two thirds of employers look for graduates with relevant work experience, but for many getting that experience and a ‘foot in the door’ can be one of the hardest challenges," she said. 

"We want to be a facilitator for young people to gain valuable experienceand provide an insight into the industry that forms the backbone of the island’s economy."