Degrees lose their lustre to business skills

Experience and generic business skills are valued more highly by most London employers the survey by Focus, the central London Tec, found.

The capital has a well-qualified workforce, with 40 per cent having degree-level qualifications.

But although a degree may help place graduates on the first rung of the career ladder, 73 per cent of respondents said that after a few years of employment their experience is more valuable than their qualification.

The study found that 20 per cent of employers have increased the number of graduates they employ in the past three years, with this growth most marked in creative industries, financial services, hospitality and entertainment sectors.

Focus, 020-7896 8484

Experience and generic business skills are valued more highly by most London employers the survey by Focus, the central London Tec, found.

The capital has a well-qualified workforce, with 40 per cent having degree-level qualifications.

But although a degree may help place graduates on the first rung of the career ladder, 73 per cent of respondents said that after a few years of employment their experience is more valuable than their qualification.

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The study found that 20 per cent of employers have increased the number of graduates they employ in the past three years, with this growth most marked in creative industries, financial services, hospitality and entertainment sectors.

Focus, 020-7896 8484