YOUR BUSINESS SUMMER 2018 - 146

Expert view
Professor John Lyon from
Warwick Business School on
the how MBAs boost business
Entrepreneurs learn in different ways
and at different times. Learning
on the job is very important, but
certain things can be learned
theoretically. Putting them both
together is the more powerful tool.
Warwick Business School has a
course on entrepreneurship and new
venture creation, as a part of the
MBA. Potential entrepreneurs have
to assess the business opportunity
they have but also their lifestyle and
other considerations to see if it's the
right fit. The entrepreneurial finance
course, meanwhile, teaches how to
articulate a business idea amd pitch
for money. We also teach that a
business model - showing how you'd
change things as you go along - is
more important than a business plan.

you have at least four GCSEs at
grade C/5 or higher or equivalent.
Did you know? A survey by CBI/
Pearson Education & Skills asked
businesses how equipped the average
school leaver is for employment. The
overwhelming answer they gave was
that the education system needed to
better prepare them with the attributes
required in the world of work.
"The prevalent skills gap in the
UK will need to be addressed and
the transition from education
significantly improved," says Caan.
A BTEC National is the perfect way
to address a lack of business skills.
Where now? For more information
on BTEC Nationals in business,
visit qualifications.pearson.com.

Bachelor's degree

What? A bachelor of business
administration (BBA) is an
undergraduate degree that can prepare
you for further postgraduate study
or benefit your professional business

146

Expert view
Professor Carol Jarvis from the University of West England,
Bristol, on the importance of "learning through doing"
University programmes
- such as the BA
in business (team
entrepreneurship)
and MSc in innovation
and applied
entrepreneurship at
UWE Bristol - provide
opportunities to set
up and run a business
and study for a degree
at the same time.
We put just as much
emphasis on team

working, leadership and
entrepreneurial mindset
as business acumen -
all skills that potential
investors attach
importance to. Students
learn them through
doing them - a different
take on "on the job"!
We are committed
to an experiential
approach. This is
when students do
a project or test a

business idea to gain
experience, and then
review what went well,
what went less well,
what they have learnt
and what they will do
differently next time.
When you go through
this cycle repeatedly, it
becomes a habit - an
important practice in
which you are always
looking to improve,
innovate and create.



http://qualifications.pearson.com

YOUR BUSINESS SUMMER 2018

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