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REPORT HIGHLIGHTS SKILLS SHORTAGE IN UK AEROSPACE AND AUTOMOTIVE INDUSTRIES


IET UPDATES - HISTORIC ENGINEERS MORE WIDELY KNOWN THAN MODERN COUNTERPARTS


The man behind the telephone, Alexander Graham Bell has topped (41%) a poll of the greatest British engineers of all time ahead of George Stephenson (38%), the inventor of the steam locomotive engine and Isambard Kingdom Brunel (37%), who built the Great Western Railway.


Collaboration between educ providers and industry has b flagged as crucial for employ to capitalise on new technolog according to a new report on t automotive and aerospace ind


The report, Technologies and Skills in Aerospace and Automotive, has been by the UK Commission for Employme Skills (UKCES) and focusses on feedb from a group of early pioneers of techn developments, including 3D printing.


Also featuring highly in the list was John Logie Baird (23%), the inventor of the colour television, and Michael Faraday (12%) the forefather of electromagnetism and electrochemistry who discovered electrolysis.


The research found that a common feel among industry leaders was that a short in job applicants with hands-on skills and experience of using such technologies w inhibiting future development within the in - and that joining up with local training and education providers was the most effective to tackle the issue.


However, the significant achievements of more contemporary inventors such as British engineer Frank Whittle (11%), best known as the inventor of the turbo jet engine, came in much further down the list as did James Dyson (7%), inventor of the Dual Cyclone bagless vacuum cleaner.


Nigel Whitehead, Group MD of BAE System and a commissioner for the UKCES, said tha cohesion between education providers and th working on the front line of the industry was t key to success: “With technologies developing at an increasingly rapid rate it is more importa than ever that the education system produces young people whose skills are as impressive a their enthusiasm” said Mr Whitehead.


The study was conducted by Opinion Matters on behalf of the Institution of Engineering and Technology


(IET) to find out how much the general public knows about engineering and how much it contributes to the nation and the world.


Barry Brooks, who has this week become the new President of the IET, said: “The survey highlights a lack of awareness of the central role of engineering and engineers in our everyday lives.


“Engineering and technology benefits everyone, everywhere in the world. When you turn on the lights, receive calls and data on your mobile phone, or drive your car, these things couldn’t have been done without the work of engineers.


“During my term as IET President, I will be working


A WAY FORWARD T


The survey also showed that less than 2% had heard of some of Britain’s greatest current engineers such as Trevor Baylis, best known for inventing the wind-up radio.


Respondents were also tested on whether they were aware of which great inventions came out of Britain, with a third (34%) unaware that the telephone was invented here, 37% the television, 26% the jet engine and a quarter (25%) the steam engine.


While three quarters of those surveyed were confident that they knew what an engineer was and did, less than half (44%) correctly identified that an engineer is a person who designs, builds or maintains engines, machines or public works.


“It is only by working directly with education providers - providing vital feedback on the skills needed to allow both businesses and workers to excel - that we can keep Britain at the forefront of the engineering industry.”


This problem is particularly prevalent among smaller companies, who often lack the resources and influence of larger employers and therefore struggle to access training and tap into local talent.


Professor John Perkins’ Review of Engineering Skil published today, has been welcomed by the Institution Engineering and Technolo (IET).


Nigel Fine, IET Chief Executive, said: “We wel the Perkins’ Review: its recommendations offer clear way forward to clo the engineering skills g The IET has worked fo many years to highligh policy makers, academ employers that this sk needs urgent attentio heartening that the R focuses on galvanisi these parties into ac deliver its recomme Only an ‘all hands o approach can addr problem with conv


THE ASSOCIATION OF BUSINESS SCHOOLS IS THE VOICE FOR THE UK’S BUSINESS SCHOOLS AND INDEPENDENT MANAGEMENT COLLEGES


ABS sets the agenda for business and management education in the UK within an increasingly international environment.


It develops influential policies and promotes, communicates and lobbies on these at local, regional, national and international levels as appropriate.


Collectively, our members provide business and management education for over 250,000 students a year.


ABS works with similar organisations in Europe and around the world including: • The Arab Society of Faculties of Business


• Economics and Political Sciences (BEPS)


• Association of African Business Schools


• Association of Asia Pacific Business Schools


• Association of Graduate Recruiters


• Baltic Management Development Association


• British Council • Canadian Federation of Business School Deans


• Chartered Institute of Public Relations


• The French Foundation for Management Education.


ICAEW UNIVERSITY STUDENT SCHEME


In 2008/9 students from over 200 different countries came to the UK to study business and management, from Azerbaijan to Zambia, with students from China, India, Nigeria, Germany and France the most numerous.


Business and


Do you want to show employers that you are passionate about pursuing a career in business, finance and accountancy? Do you want your CV to stand out in those all-important internship and graduate job applications?


• European Foundation for Management Development


management statistics: Business and management continues to be the most popular subject area of study for undergraduates and continues to increase at a faster rate than the sector as a whole.


Whether you’re an undergraduate or postgraduate student studying any degree course from Accountancy to Zoology, ICAEW’s exciting new University Student Scheme (USS) could be exactly what you need to enhance your employability.


Finance and hospitality are two particular growth areas at all levels of study, with Marketing and Management both proving increasingly popular at


postgraduate level.


• 1 in 8 undergraduates chose business and management.


• 1 in 5 postgraduates chose business and management.


UNIVERSITY STUDENT SCHEME


£20 REGISTRATION FEE, A SAVING OF £145.


Enhance your employability and career opportunities by registering for ICAEW’s University Student Scheme (USS). It enables you to access information, tools and expertise that will help you throughout your studies and in your future career planning.


Gain ICAEW’s Certificate in Finance, Accounting and Business alongside your degree. Access an extensive range of skills development webinars, join our online student community and gain competitive advantage over your peers.


Register for USS today. Visit icaew.com/uss BUSINESS WITH CONFIDENCE icaew.com/uss


By signing up to USS, for a one-off registration fee of only £20, you will automatically gain access to a variety of fantastic FREE skills and knowledge resources designed to support you in your university studies, career planning and job applications. These include:


Skills development You will be able to access an extensive range of skills development webinars and articles on topics such as commercial awareness, presentation skills and interview technique. From time to time you will also receive personal invitations to attend appropriate skills development events. These can help you succeed in that critical interview or assessment centre!


Job vacancies We’ll keep you up-to-date with the latest job vacancies within finance, accounting and business.


• 1 in 4 international students. • £2bn estimated contribution to UK export earnings.


• £7.5bn estimated contribution to regional economies. Source: HESA Student/Staff/Finance records 2009/10


CASE STUDY Dr Mark J Pierotti FRAeS. MBA. IEng.


Commercial awareness You will receive a regular newsletter to keep you up-to-date with industry news and legislation.


Employers are looking for key skills including: communication, analytical and research abilities, good interpersonal skills and increasingly an awareness of sustainability practices for business and research.


So whether you want to work in management consultancy, local government, charity or for any other business or indeed start your own business, skills from a business and management course will place you in a good position to get a job and build a career.


Free resources You will gain access to ICAEW’s world-leading library and online business resources, which can really help you when it comes to writing your coursework, dissertation and even revising for your exams.


Chief Operating Officer, AJA Private Jets – Abu Dhabi, Edinburgh Business School MBA graduate Dr Mark Pierotti has always aimed high. As a young man, in the UK, he was sponsored by British Airways to do a degree in aircraft engineering. Fast forward 25 years and he is now the Chief Operating Officer of prestige Abu Dhabi-based private jet company AJA Private Jets, a position he says he would not achieved without his Edinburgh Business School MBA.


“We started the company as the Global Financial Crisis hit,” he said. “With the economic climate changing fast we asked ourselves if we should cancel the project, but ultimately we had faith in what we were doing so we went ahead. My MBA studies helped me rationalise what was happening out there in economies around the world. We have never looked back and are proud of our success so far.”





- If you’re already studying an accounting, finance or business related degree, you may be able to apply for exemptions for up to five of the six ICAEW CFAB modules, as your course may already cover similar topics. This means that you could gain passes for some of the modules, without having to do any extra work!


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New course directory coming soon listing all UK business school courses online – check our website for details.


Follow us on Twitter: @Londonabs www.associationofbusinessschools.org


Gain an additional qualification alongside your degree You also have the opportunity to gain ICAEW’s Certificate in Finance, Accounting and Business (ICAEW CFAB) while studying for your degree. This is an internationally recognised certificate-level qualification and it equips you with the fundamental knowledge and practical skills that you need to succeed in today’s business world.


Mark moved out to the Emirates 20 years ago starting with Emirates Airline and was then employed for 12 years by the UAE Presidential Flight as an aircraft engineering manager but eventually his family’s entrepreneurial spirit got the better of him and he decided to study for his MBA with Edinburgh Business School.


“It was the start of my studies with the Edinburgh Business School in Dubai that really sparked my interest in business, but I guess it had always been there, due to my family connections with the world of business,” he said.


“My brothers and I have that entrepreneurial spirit. My two brothers


- If you’re not studying a degree subject in this area – don’t worry! USS still provides you with the opportunity to gain this qualification alongside your studies. You can study at home, online or in a classroom and at your own pace. This means you can show employers that you are serious about gaining an understanding of business, and are prepared to go the extra mile.


else w thing. when Edinbu the UA massiv all over


If he has manager an MBA b have the he says th to get into the board s degrees ar subject. Se are expecte business ed this is where its own.”


7873-4 ICAEW USS Ad 170x225.indd 1


11/09/2013 16:33


Graduate Opportunities


Graduate Schemes, Jobs, Career Advice & Postgraduate Qualifications


Law Section


The Best Postgraduate Law Courses


Business & Finance, Career Choices and Postgraduate Options


www.graduatemag.co.uk ISSUE #41 WINTER 2013 FREE!


We Look at the Best Graduate and Postgraduate Choices


THE BEST POSTGRAD STUDY CHOICES


Your Graduate Choices


Engineering Section Free Tickets for Travel Adventure Show Find Out How to Write for Grad Mag


ENGINEERING


www.graduatemag.co.uk


CONTENTS Graduate Opportunities:


Going the Distance 12 - 13


Managing a Social Life and Studying 20 - 21 A Survival Guide for Grads Engineering


Business and Finance Law


Working in Recruitment


22 - 23 29 - 43 45 - 56 57 - 65 68 - 69


BUSINESS AND FINANCE


Business and Finance


Engineering


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