Goldman Sachs, the 'great vampire squid'
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Entrepreneurship
An enterprising approach to education
The Federation of Small Businesses reckons that the new vocational diplomas, which are due to be introduced in the next academic year, will encourage teenagers towards entrepreneurship and make them better prepared for working life – so it wants them to be accorded equal status to A-levels. Its argument is that lots of entrepreneurs don’t have academic qualifications – and it hasn’t done them any harm (well, in most cases anyway).
It was the same old story today as the A-level results arrived to put nervous sixth-formers out of their misery. Once again, the pass rate was up – to a record 97.2% in England, Wales and Northern Ireland – while the proportion of A-grades also increased, to 25.9% (in best-in-class, apple-for-the-teacher Northern Ireland, more than a third of entrants got As). And that’s despite the fact that more people are doing the exams than ever before.
Inevitably, this has led to more accusations that A-levels are dumbing down (the alternative explanation being that today’s students are just cleverer and more industrious than previous generations…). If nothing else, it’s certainly making it harder for universities to distinguish between top candidates, which is why the government has been forced to introduce an A* grade for students starting courses in September, plus an extended project worth half an A-level. It’s also trying to push through its skills agenda by getting more people to do science, technology, engineering, and maths exams.
The FSB’s argument is that there ought to be more of a level playing field between academic and vocational qualifications (‘The FSB still values A-levels but we hope to see diplomas and work based training on the same par,’ said its education and skills chairman Colin Willman today). It’s an admirable principle – but we just can’t see how it would work. How can a City & Guilds in plastering be comparable with an English A-level (and what would be the point if it was)? And we can’t imagine universities welcoming the idea, if they’re already struggling to sort the wheat from the chaff.
The FSB is also urging entrepreneurial teenagers to get cracking with a business, rather than wasting three or four years at university. After all, a 2006 FSB survey discovered that only about a quarter of UK small business owners have a degree, while about one in eight UK entrepreneurs has no formal qualifications whatsoever. Then again, perhaps that’s why we don’t have many billionaire entrepreneurs in this country...
In today's bulletin:
Winners and losers in supermarket price war
Merrill Lynch gets 60 year UK tax break?
An enterprising approach to education
Editor's blog: I Don't Know How I Do It
Lessons in positive spin, from YouTube






Comments
- 15-Aug-08
I was just wondering if the author or anyone at MT could actually plaster?
My husband, a successful Account Manager working in Corporate Lettings (yawn) decided that the office world was no longer for him and decided to completely change our lives some time ago, and retrained as a plasterer...
£3000 lighter and some time on he now has a City & Guilds in Plastering. We have a small family run, successful & growing local business - it was the best thing he ever could have done. Now, I admit that he has good intuition for business - and my background is marketing, but the City & Guilds in Plastering was no weekend course and was absolutely invaluable to him.
I wonder how many English A Level students would cope so well with their own business in the big wide world... Ok, so perhaps you may argue it's not really directly comparable - but that is my point. Please, before stereotyping vocational courses and certainly before making assumptions about 'tradesmen' think about what you are saying...
Jeff Allen - 18-Aug-08
I would fully endorse the above, I have City & Guilds in Engineering and a HND. Its not done me any harm Im now running the European arm of a US multi-national on a six figure salary and many people we see with degrees especially media degrees are a waste of time & money. Im not decrying university, but this country needs to wake up to the very really need of vocational training and its importance to our economy. With so many leaving university salaries for graduates are falling whereas thats not the case for vocational qualifications so they really should be explored as an option.
James Taylor - 19-Aug-08
Hi there, just to clarify (obviously we explained ourselves badly!)...
We weren't trying to suggest that a City & Guilds qualification is intrinsically inferior to an English A-level. And we're certainly not trying to suggest an A-level is more useful for running a business! (if anything, we think there should be more people doing vocational qualifications rather than academic ones).
Our point was only that trying to compare the two is pointless - it's just comparing apples and oranges. They're two distinct tracks, and will suit different people, so worrying about their equivalence seems a waste of time. Surely it's more important just to focus on improving standards - in both cases?
Cheers
James (Web Ed)
James Taylor - 19-Aug-08
and PS. all of us are monumentally awful at plastering...
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