Focus on Business

Today’s BTECs are more focused, more aspirational and more relevant…….. BTECs are known to increase student engagement, enable students to progress, develop student life skills and add value and variety. Grantham College offer a BTEC Level 2 First Diploma in Business, BTEC Level 3 Subsidiary Diploma in Business and BTEC Level 3 National Diploma in Business which are taught in a variety of environments including the conventional face-to-face classroom and interactive e-learning settings

A team of five staff, with over 45 years of industry experience and 60 years of teaching experience between them, pass on their knowledge, experience and skills to students studying on the BTEC courses allowing them to link theory to real life examples. Staff have taken jobs in retail banking, recruitment, accounting and legal areas.

Students studying on any of the BTEC Business courses at Grantham College will not only gain the academic nature of the course but take part in an array of trips and visits as well as having the opportunity to listen and ask questions to guest speakers that are organised to broaden the knowledge of the students and enrich their experiences on the course.

Students will also have the opportunity to run their own business through the Young Enterprise scheme which with the skills, attitudes and entrepreneurial experience to build successful careers, achieve real business success or foster key personal and enterprise skills for their future.

 

Progression to Higher Education……

On successful completion of the BTEC Business courses at Grantham College you can progress on to Higher Education, of which you can do with Grantham College on the HNC/HND Business course. Previous BTEC Business students have been highly successful in gaining university places with 80% of Level 3 BTEC Business students obtaining university places at the likes of Sheffield Hallam University, Northumbria University and the University of Lincoln. The remaining 20% chose not to go to university but secured apprenticeships.

Students have studied Business Management, Business Management & Finance, Finance & Management Studies and Hotel Management to name but a few courses at university.

Independent research on progression and career opportunities for young people in the UK demonstrates how BTECs open doors into Higher Education and beyond.

Figures based on research revealed in January 2011 from the Higher Education Statistics Agency (HESA) show that:

  • More than 100,000 BTEC students apply to Higher Education and make the university grade
  • In 2011, admissions to UK universities by BTEC students had risen 30% year on year
  • Ninety-five per cent of Higher Education Institutions accept BTEC students, including Russell Group universities
  • More than 50% of 20-30-year-olds going on to higher education are BTEC students
  • 20% of level 3 BTEC holders go on to undergraduate degree courses*
  • With a level 3 BTEC you can boost your lifetime’s earnings by up to £92,000.*

* Independent research carried out by London Economics in 2010.

 

The world of work…….

What areas of business can I work in?

This sector, also known as the professional services industry, is all about improving the performance of businesses.

Consultants advise organisations and help them solve problems and enhance their capabilities. Businesses need advice on a wide range of issues including:

  • financial management;
  • human resources (HR) management;
  • information technologies;
  • operational management;
  • strategy and planning.

The consulting industry in the UK is worth around £8.5billion and employs more than 80,000 people.

Business managers specialise in areas such as human resources (HR) and IT, and support firms both from within the company and as external services suppliers.

There is some overlap with the accountancy, banking and finance sector. Professionals from both sectors will often work together to ensure the best outcome for the client.

 

Who are the main graduate employers?

The ‘big four’ accountancy firms are the largest graduate business employers:

  • Deloitte LLP
  • Ernst & Young
  • KPMG
  • PwC.

There are also specialised business services organisations that operate in specific sectors. For example, the Spire Consulting Group provides support to the construction industry and the British Institute of Agricultural Consultants provides business services to agricultural, rural and food production clients.

 

What’s it like working in the sector?

Graduates entering the business, consulting and management sector can expect:

  • a varied working life, dealing with more than one project at a time;
  • a starting salary of between £25,000 – £30,000 for junior consultants, rising to £50,000 with a few years’ experience and considerably more for senior consultants;
  • working hours to be typically long and focused on getting the project complete;
  • a high-pressure environment to meet tough targets.

What are the key issues in the business sector?

As a consequence of the recession, consultancy firms that have historically competed are now working together to better serve their clients.

Firms in this sector are diversifying and specialising; this is known as ‘segmentation’. This will lead to more niche business services, consulting and management roles in the future, as new technologies and business issues emerge.

Many graduates will not get a consulting or management role immediately after graduation. To gain entry into this industry, you will need to build up some relevant work experience. To find a work placement or internship in the business sector, search for work experience

 

What graduate job can I do?

These job profiles are examples of graduate careers in the business, consulting and management sector:

  • Chartered management accountant
  • Civil Service fast streamer
  • Economist
  • Environmental consultant
  • Fast food restaurant manager
  • Financial manager
  • Health service manager
  • Hotel manager
  • IT consultant
  • Management consultant
  • Office manager
  • Public affairs consultant
  • Recruitment consultant
  • Retail manager
  • Secretary/administrator.