Higher education has long been recognized as a key factor in career growth and success. As industries evolve and job markets become more competitive, having a solid educational background can significantly impact an individual’s professional opportunities. While skills and experience play a crucial role in career advancement, earning a basic bachelor degree can open doors to higher-paying jobs, better career stability, and long-term professional development.
More Job Opportunities
One of the biggest advantages of higher education is the access it provides to a wider range of job opportunities. Many employers require at least a basic bachelor degree for entry-level positions, making it an essential qualification for those seeking stable and well-paying jobs.
A degree demonstrates that a candidate has acquired the necessary knowledge and skills in their field, making them more attractive to hiring managers. Additionally, individuals with higher education credentials are more likely to be considered for promotions and leadership roles within their organizations.
Higher Earning Potential
Studies have consistently shown that individuals with a degree earn more over their lifetime compared to those without one. While salaries vary depending on the industry, level of experience, and location, degree holders generally have a financial advantage.
Many companies offer better salaries and benefits to employees with higher education qualifications. Moreover, professionals with degrees have a greater chance of negotiating for better pay, as their expertise and knowledge add more value to an organization.
Career Stability and Security
Job security is a significant concern for many professionals, especially in uncertain economic times. Higher education can provide an added layer of security, as degree holders are often prioritized in hiring and layoff decisions.
When companies undergo downsizing or restructuring, employees with degrees may have a competitive edge due to their specialized knowledge and qualifications. This makes them more adaptable to changing job market demands, reducing the risk of unemployment.
Professional Growth and Development
Earning a degree is not just about getting a job—it is also about personal and professional growth. Higher education encourages critical thinking, problem-solving, and effective communication skills, all of which are essential in any career.
Additionally, degree programs often include internships, networking opportunities, and access to mentors, helping students gain practical experience before entering the workforce. These experiences are valuable in building confidence and preparing for long-term career success.
Adaptability in a Changing Job Market
The job market is constantly evolving, with new industries emerging and existing ones transforming due to technological advancements. Higher education equips individuals with the ability to adapt to these changes by providing them with up-to-date knowledge and relevant skills.
With a basic bachelor degree, professionals can transition into different roles, industries, or even pursue further education to stay ahead in their careers. This adaptability is crucial in ensuring long-term employability and success.
Conclusion
Higher education plays a vital role in career advancement by increasing job opportunities, boosting earning potential, and providing greater job security. A basic bachelor degree serves as a stepping stone for professional growth, helping individuals build valuable skills and stay competitive in the job market. While experience and skills are important, a degree remains a powerful tool for those looking to achieve long-term career success.
Almost 2,000 GBS UK students have today graduated from a range of courses, all aimed at making them valuable assets for employers from across a range of sectors.
It comes a week after 1,500 GBS UK students from across Birmingham, Manchester and Leeds, graduated at Birmingham’s Symphony Hall.
Students have graduated from Business, Healthcare, Construction, and Digital Technologies, ranging from HNDs to Bachelor Degrees, to address the demand in the UK for a skilled workforce.
GBS UK CEO, James Kennedy, said GBS UK is having more of an impact on its communities with each year that passes.
“We work to widen participation, address skills shortages and ultimately enable social mobility – today, we see this first-hand,” said Mr Kennedy.
“These students we see here today will go on to have a significant impact on their local communities, which in the long-term will also have an impact at a national level.”
“Business, healthcare, construction and digital technologies are all crucial sectors for the UK economy, growing at a rapid rate and offering increasing employment opportunities.”
“We stand ready to address this demand, with mature-age graduates with unique lived experience, that makes them a well-rounded choice for employers.”
“It was wonderful to have James Murray MP here today, Exchequer Secretary to the Treasury, and a good friend of GBS UK, to address our students and inspire them in their next steps.”
The Office for Students (OfS) has also today released its NSS data for 2025, showing a considerable increase in satisfaction across almost all categories.
Most notably, 90% of students were satisfied in the ‘Teaching on my Course’ category. This is a very high level of satisfaction and 3% above the average for the Higher Education sector as a whole.
GBS also ranked significantly above the sector average across all categories in the survey with Organisation and Management 8% higher and Academic Support 5% higher than the average reported by the OfS.
The three keynote speakers at the event were Mr James Murray, MP, Minister and Exchequer Secretary to the Treasury, Sir Alastair Nathan Cook CBE who is an English former cricketer and former captain of the England Test and ODI teams and Mr Virendra Sharma, Former Senior Labour MP.
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Programs and infrastructure supporting small businesses and the development of digital skills in European countries are highly effective.
According to Eurostat data, Germany is the leader in terms of small business development indicators such as the number of people employed in small and medium-sized businesses and the total turnover of SMEs.
At the same time, Italy ranks first in terms of the total number of companies, surpassing Germany by more than 1.5 times (3.7 million companies compared to 2.4 million in Germany).
France, which ranks third in Europe in terms of small business turnover and second after Italy in terms of the number of companies, shows a similar model of small business development to Italy. The UK, like Germany, is characterised by a smaller number of companies but high turnover.
The characteristics of the national economy play an important role. The European leaders in terms of small and medium-sized business turnover in mineral extraction are Italy (many small deposits, often depleted and unprofitable for large-scale industry) and Norway (oil, gas, polymetals).
The UK is the leader in terms of turnover of small and medium-sized businesses in the construction industry, as well as in high-tech industries: information and telecommunications services, research and development services.
Overall, the key industry in which small and medium-sized businesses have the greatest potential for development is trade. But it is also important to support such promising areas as manufacturing, construction, and, especially, science and engineering.
Micro-enterprises with up to 10 employees are the main employers in European small and medium-sized businesses. The number of people employed in these companies is close to the number of employees in large companies.
Economic efficiency is an important factor determining the significant share of micro-enterprises with up to 10 employees in the European economy. In terms of gross profitability before personnel costs (the ratio of value added at factor cost to turnover), micro-enterprises with up to 10 employees are in the lead.
Given that a significant proportion of these micro-enterprises are, in fact, the workplaces of their owners, the positive role of small and medium-sized businesses for the economies of European countries as a whole is obvious.
Which companies need business analytics and why? What problems does it solve? How does it differ from business analysis?
Business analytics is primarily about working with data and studying a company's performance indicators.
It is carried out by specially trained specialists called business analysts.
Using data analysis, they help managers identify business problems and find opportunities for sustainable development.
How business analytics differs from business analysis
Experts still argue about what business analytics is: whether it is identical to business analysis or represents a separate field of knowledge. To figure this out, let's look at the main goals of business analysis and business analytics.
Business analysis is studying a company's activities in a broad sense: analyzing its development strategy, business processes, organizational structure, and information systems, and designing and setting up how all of this interacts with the business environment and the outside world.
The main goal of business analysis is to think through and implement organizational changes that would allow the company to achieve its main goals in the best possible way.
The main goal of business analytics is to support management decisions and organizational changes with high-quality, relevant, and objective data.
Here are the three main tasks of business analytics:
obtain data on the company's performance in the form of figures;
process and structure this data — make it suitable for further analysis;
analyze the data — find patterns in the company's activities and model forecasts for its development under certain conditions.
Thus, business analytics is part of business analysis, which involves the collection, processing, and analysis of data. It is the first and necessary step in the effective management of organizational change.
Which companies need business analytics and why
Business analytics is necessary for all companies that want to make high-quality management decisions. Only decisions based on facts can be high-quality. Business analysts are responsible for collecting and processing these facts.
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It is important not only to collect data on the company's activities, but also to prepare it for managers:
structure it;
analyze it — identify trends and tendencies that influence factors;
present the results of the analysis in a clear form;
prepare recommendations on how to use this data to improve the company's activities.
The recommendations of business analysts provide company management with up-to-date and reliable information about what is happening within the company and beyond. This approach helps to make informed business decisions.
A simple example: a company sells seasonal goods — bicycles or skis. Business analysts will accurately determine the product demand curve, taking into account seasonal factors, present it to managers in an understandable way, and provide detailed recommendations on what needs to be done to maximize sales revenue.
Without business analytics, such decisions are made blindly, which leads to the company missing out on profits.
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