Printer Friendly

Majority of SMEs devalue degrees; In Brief.

OVER 60 per cent of SME owners in the West Midlands believe that a university degree is becoming increasingly devalued, according to a recent poll.

Of that number, 46 per cent believe university degrees are now so commonplace that they have lost some of their meaning, while over a third say there is no substitute for practical experience.

The figures come from the latest Close Brothers Business Barometer, a quarterly survey that canvasses the opinion of business owners and managers from a range of sectors across the UK and Ireland.

Martin Baker, regional sales director for Close Brothers Invoice Finance in the West Midlands, said: "It may not come as a surprise to some that so many local employers think that a university education is becoming less valuable.

"Our statistics seem to suggest that many employers are beginning to give greater recognition to practical, hands on experience, arguably ahead of academic achievement."

COPYRIGHT 2014 Coventry Newpapers
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:Coventry Evening Telegraph (England)
Date:Oct 20, 2014
Previous Article:Osborne's deficit reduction plan is way off track.
Next Article:Clinical Clan side clean up.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters