Monday, 9 February 2015

Reducing Gap In Poor And Rich Students In Universities Across The UK

In the past few years, the number of poor and rich students applying for a university programme has reduced significantly with more and more underprivileged teens planning to enrol than ever before.

More “Poor” Students Applying To University



Recent data published by UCAS reveals that the application rates of students in the age of 18, who reside in poor communities in the 4 nations of the UK, has risen to the highest recorded levels. However, although the gap between wealthy aspiring students and their less affluent peers is narrowing, the rich kids still are twice as more likely to enrol. The gap between male and female learners aspiring to pursue a degree is increasing as well. Overall around 100,000 more female students have applied to study a university programme than men this year. It has been observed that now 36 per cent of young women are more likely to apply than their male counterparts.

Mary Curnock Cook, chief of UCAS, had earlier notified that a “disquieting” gap exists between women and men applying for university. This has been increasing since the early 1990s and further worsened. The recent figures show that the numbers of individuals in the United Kingdom and other countries who submitted their applications by the closing date of 15th January 2015.

Growing Demand For University Degree


In general, a 2 per cent increase in applications was observed, as compared to the previous year with more than 592,290 students applying. A 1 per cent increase was seen among the applicants from UK, according to UCAS. Moreover in England, the number of students applying for university also rose by 1 per cent. Cook of UCAS believes that the growing demand for university seats will keep on increasing. However, she thinks that the rate of growth has somewhat reduced this year. She said “Demand for UK higher education, notably from younger people and from EU countries, has continued to rise in 2015. It is heartening to see the gap between rich and poor continue to narrow. Nevertheless, demand has grown more slowly this year and has fallen for mature students. This perhaps reflects improved employment prospects in the UK.”

An analysis of the data reveals that almost 21 per cent of disadvantaged students in England, who are 18 years old, applied for university in 2015, with 3 per cent in this group more likely to apply than last year. UCAS commented “Differences in application rates between advantaged and disadvantaged areas have reduced over the past decade, reduced further in 2015 and were at the lowest level recorded.”

Narrowing The Gap



The fact is now the wealthiest 18 year old students in the United Kingdom are 2.4 times higher probability of aspiring to attend university than the most underprivileged ones. Back in 2006, these students were 3.7 times more likely to send an application. Chairman of Social Mobility Charity at the Sutton Trust, Sir Peter Lampl, said “The continuing growth in disadvantaged applicants is welcome, and will narrow the access gap. Nevertheless, there is still a significant gap, particularly to the most selective universities, and a worrying dip this year in mature applicants.”

He added “There were many who said the reform of student finance would discourage young people from going to university. The opposite has occurred; numbers have grown, in particular those from disadvantaged backgrounds. Our reforms now also mean universities are well funded for the future. At the same time, we have expanded vocational training, particularly apprenticeships, which have reached two million. This is a record to be celebrated.”

Thursday, 22 January 2015

Earning An MBA Is Not Enough, You Must Learn To Apply Your Skills


Are you planning to pursue an MBA for a better career? But can an MBA degree guarantee success? Let’s have a look....

Nowadays most B-schools and colleges are providing an array of options to students for pursuing business degrees. With growing challenges in the corporate world, earning an MBA has become more important now than ever before. But simply becoming an MBA graduate does not mean that you will climb the success ladder. No matter how much business schools say that an MBA is a guarantee towards a better career, I believe that you will achieve success when you utilise your business knowledge effectively to develop innovative ideas and solutions for your company.

Is An MBA Enough?



In today’s corporate world you will find more individuals who are either pursuing or have already earned an MBA degree. I agree that nowadays being an MBA graduate opens up various new career opportunities which can enable you to achieve your professional goals. Moreover with intense competition in the global job market, having an MBA degree can give you an edge over others and add value to your resume. But I can tell you right now that it is not enough.

Joanna Smith Bers, Managing Director and Talent Officer for DB Marketing Technologies in New York, said “Colleges seem to churn out MBAs like tissue paper. There may have been a time when those three letters actually distinguished job candidates from the pack, but no more. As a senior manager at a business insights management consulting firm, I have found that the MBA is more embellishment than substantive.”

Earn The Skills, Not Just A Degree



Hence you must take the effort to set yourself apart in different ways by not only acquiring business skills and knowledge, but also effectively applying those skills in a business setting. Ahmed Sharawy, an MBA graduate and an aspiring entrepreneur, believes that being able to use your knowledge to develop business plans and strategies is as important as, if not more, than earning an MBA degree. He said “The way schools and people talk about MBA, makes students and candidates believe that graduation is an achievement that entitles degree holders for a better life. But the real achievement is using what we learn to come up with innovative ideas and incubate them long enough to be successful and useful.”

This means that you will need to gain significant work experience in a relevant field either before or while you pursue your MBA degree. Your experience will demonstrate that not only you have the critical skills, but you also know how to use them at the work place to improve your productivity and add value to business.

Going The Smarter Way



But the fact remains that pursuing a full time MBA programme does not leave any space for you to gain work experience by doing even a part-time job. This is perhaps one the biggest challenges of traditional full time business programmes. I guess this is why numerous students from around the globe are now going for online MBA pathway programmes for the excellent flexibility and convenience it offers. As there are no fixed or scheduled classes, you can easily choose to work a full time or part time job and also pursue your online MBA simultaneously. Moreover, you will be able to apply what you learn at the workplace and hone your skills further. This will allow you to develop efficient business plans and strategies for your company by using your MBA knowledge.

Once you have completed your top up MBA programme and acquired adequate work experience, you will have a shot at boosting your employability to a great extent and make you a desirable candidate to prospective employers.

The Bottom Line



So if you think that simply by earning an MBA you can become a hot-shot manager at a Fortune 500 company, then you couldn’t be more wrong. Getting an MBA is certainly not a bad idea, but you need to keep working on yourself to build your career.

Manpower’s Holmes says she doesn’t want to discourage anyone from getting an MBA, but that students should understand there are limits to how much it can help. Dora Vell, an executive recruiter from Waltham, Massachusetts, said “It’s not the degree. It’s what you do with it. An MBA is just noise.” She adds “It doesn’t help me every day, but it made me feel smarter and gave me more confidence.”


What do you think? Feel free to share your views and opinions on MBA and how it can help your career. We would love to hear from you.