Education is driving future business leadership

Becoming a leader in business can be credited to a combination of drive, hard-work and experience, but it has been proven that even more than experience, education is a top factor in determining your future in business management. According to Investopedia, education is not only important for skilled workers but for the economical success of the country as a whole. A country that is governed by and employs trained and educated workers has a better chance to achieve success. 

But what do these benefits mean to the average worker? Statistics show that employees who have higher levels of education earn higher salaries due to them being more valued in the workplace. Research by Greenstone and Looney in 2011 of the Brookings Institution’s Hamilton Project revealed that benefits of a degree is equivalent to an investment that returns 15,2% annually. Also there is a difference of 65% earning power between employees with graduate degrees and those who simply have high school diplomas. The gap between the two education groups grow with higher levels of degrees and with age. 

Evidence clearly points to the fact that higher education pays off in regards to your salary and your professional life in general. South African institution, The Da Vinci Institute has been providing higher education focusing on managerial leadership development since 2003. They aim to produce students that are innovative thinkers and decision makers who are able to make a difference in the world and help develop a society that is sustainable. 

View their graduate statistics for 2017 below: 

Da Vinci’s offers a range of programmes from their PhD programme which is aimed at senior managers and executives to the and focuses on candidates demonstrating their abilities to develop new concepts which can improve their businesses to the Bachelors of Commerce program that encourages candidates to identify performance challenges in their working environment and work on ways to solve it. 

Over the first 11 years, Da Vinci’s has seen 11911 students graduate from the certificate programs right up to their PhD programmes. 76% of the students are over the age of 35 thus encouraging an open environment for older students to improve upon their business knowledge and seek higher education. The student population is also 44% female and 56% male depicting an equal space for both genders. 

Find out more about The Da Vinci Institute and how you can use education to better your professional life at their website.  

References: Investopedia

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