Because business is the engine that drives expansion, it is often the first sector of the economy that recovers after a recession. And according to the statistics, the business sector in the UK seems to be following that familiar script. In this brief article we will discuss the role education plays in any economy recovery.

In a perfect world, students would only study the subjects they liked best in school. But this is not a perfect world, and the economy often has an effect on what students study. This was true at the height of the recession when thousands of college students switched to subjects that would give them a better chance of employment after graduation. The number one subject for these students was business.

Why business? As we mentioned at the outset, business is the driving engine of the economy and students with business degrees will always be in higher demand than those with degrees in Art History or Russian Literature. It is also true that business graduates can expect higher starting salaries than the average graduate. If you would like to know more, please click here.

This is true even in the worst recession. In fact, the job market was so bad in 2008 and 2009 that thousands of students chose to stay in school to pursue their MBAs. They believed that this would distinguish them from the other applicants. They were right?

According to the latest numbers, many UK companies are slowly starting to take on new employees. But they are hiring from the top down. What we mean is that they are hiring people who have advanced degrees, like MBAs, over those that merely have a university degree.