How your education is important in the business sector

Learn & Lead

Education is the starting point for any successful career. While it is true that many of the business world’s biggest names did not achieve a huge amount of academic success, achieving your optimum from the education available to you will give you the best chance of obtaining employment in your chosen area, thus enabling you to work your way up to where you want to be. Good, sound educational attainments start with the basics; English Language, Mathematics and as many academic certificates as you can possibly achieve. Qualifications are for life and can be used to advance your career in the business world or obtain other career opportunities in the future should this not work out. As well as achieving the best education you can, look around for business related courses and qualifications, with an aim to find out as much as possible about how the different components of a business work.

In the UK, at least 5 GCSEs at grade C or above, including English Language and Mathematics, may be required to obtain admission onto a Business Degree course at University. A Business Management BA (Hons) degree course takes 3 years full-time, or 4 years if studied as a sandwich course, with 1 year spent gaining experience in the industry. Graduates often go on to find employment in the banking and finance sectors, and work in national and international companies. Other degrees include Business and Management Studies, Business Leadership and Corporate Management BA (Hons), Business Management BA (Hons) and Business Studies BA (Hons). After a degree, you might choose to study the subject further with a Master of Business Administration for graduates, or a Master of Science in Accounting that can be completed online and attained while running a business. The program teaches the skills necessary to solve problems in the fields of accounting, finance and other business areas, and can lead to careers in public and private accounting, or a position in the public sector.

Take inspiration from other successful businessmen and women. Lord Laidlaw, a hugely successful Scottish businessman, was educated at Leeds University and New York City’s Columbia Business School. Lord Laidlaw established a conference organizing company, the Institute for International Research, and is a former member of the House of Lords. Since selling his conference business in 2005, Lord Laidlaw has embarked on a program of charitable giving. The Lord Irvine Laidlaw Scholarships are 5 Undergraduate Research and Leadership Scholarships for first year students studying in the Faculty of Performance, Visual Arts and Communications at the University of Leeds. Five successful scholars work alongside researchers in the Faculty in specific projects, as well as completing an ambassadorial role during term-time, an example of a businessman helping the business people of tomorrow on the road to success.

Other than degrees, qualifications include Foundation Degrees, Diplomas of Higher Education, and Certificates of Higher Education. Open University Certificates include a Professional Certificate in Management and a Professional Certificate in Accounting, for which work experience is essential.

Whether you want to start your own business or work for a large commercial organization, a broad understanding of all parts of business is required. Look at obtaining qualifications in accounting, marketing and business administration, management, finance and IT to get you on the way to a successful and rewarding career in the business sector.


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