FDM Academy

altin_2

Hi.
Being a final year IT student was brought to my attention the FDM Academy training.
After a few searches on-line there are few different options of this company being a scam or not.
Anyone have any experience with them?
Thanks in advance.

BenS1

I went to FDM for an assessment day in their London offices back in September. Not sure what to say about them, I did do my research about them and found several posts complaning about them being a scam. I didn't find anything to prove that they wern't and did ask them about it in my interview. Needless to say, I do suspect that it did put the interviewer off that I did ask.

I did get an insite into the whole "work for us for 2 years" rule in order to get the free training. Seemed to me that it was legit, but it is all about getting the financial backing while you are training in your specialist role.

HTH.

altin_2

Thanks for the reply.
Looks like will be ruled out as an option.

DukeOfEarl

Anyone got any experience with this lot?

rummy

Two of my friends got jobs through FDM academy in two tier 1 investment banks.

You can leave before the 2 years but you have to pay the training fee which could be something above £10,000 (or so they so). I'm not sure about one but the other has secured a permanent contract with the bank after his two year contract expires with FDM Academy which has worked in his favour as when he applied to directly to the bank he now works for, he was rejected at interview stage. You also could be working abroad anywhere.

bibi_neko

I have an interview with them on the 6th.

After doing some research it seems you're tied into a 2 year contract not including the 3 months initial training. Also i think you have no choice and are basically working for FDM and are contracted to sites that can be in UK or EU and be expected to relocate.

mulmul

I too have an assessment / interview with them next week...

But atm I am not sure to go or not ... basically they called me up and say out all those training are free but non-pai during those 3 months ....

I live in Basingstoke, their training centre is in London, which would cost me around £36 a day for a return ticket, also atm I am not sure what is their training schedule like .... I could ended up travel back and fore everyday on train. £36 x 5 = £180 a week, times it by 12 weeks , which ended up £2160 traveling cost just for turning up the training course, If I find an accommodation there which likely would cost more.

Atm I am unemployed and on JSA, sure Jobcentre plus will cover the interview cost, but during the training I am not JSA will cover those travel cost.

Also is there a fee for drop out the training course half way?

really cant make my mind up for whether should go for that or not:(:(

wealdroam

Think very carefully about this.

If you do not stay with them for two years...

What will happen if I leave before the end of my two-year commitment?

You will not have fulfilled your obligation to work for us for two years and FDM will invoice you for all the training you have received, which can be up to £20,000.

mulmul

also I live quite far from the London training centre, do they covered the travel cost of that too?

DukeOfEarl

mrcow wrote: »

My brother trained with them for a long while (left before two years as they said they didn't have enough for him to do but he didn't pay them anything)

There's no definite job at the end of training?

mulmul

DukeOfEarl wrote: »

There's no definite job at the end of training?

the contract is 2 years after training