Apprentice fever strikes as one in four new graduates consider entrepreneurship

They may have just graduated, but already the Class of 2013 are plotting new ways to tackle the job market

The number of graduates ‘seriously considering’ working for themselves has grown by 15 per cent on last year, with one in four 2013 leavers now planning on becoming entrepreneurs.

A recent survey of 2,000 students by Save the Graduate found that with 8.6 per cent of them tackling unemployment, the average graduate expects to achieve a starting salary of just £17,600. Nearly two thirds of graduates are contemplating unpaid internships in an effort to step onto the career ladder as the reality of high job competition begins to hit home.

Popular TV programmes such as Dragon’s Den and The Apprentice have likely inspired students, alongside government initiatives to spark more young people into creating their own paths. Entrepreneurial clubs and societies have cropped up across UK schools and universities, with many students finding the opportunity to lead new ventures exciting.

Owen Burek, founder of Save the Graduate and a recent graduate himself, cites circumstance, wider support, and university enterprise events as possible reasons for the rise. He commented: “Entrepreneurs have traditionally been the underdogs who bypassed higher education to make their millions, but I believe that we will see more and more young entrepreneurs passing through our universities. The Class of 2013 appear to be more entrepreneurial than ever, which can only be a good thing in a stalled economy.”

There’s something entrepreneurial in the air up north, with students from the University of Manchester most keen on starting their own businesses. One graduate explained: “I've applied for hundreds of jobs but, with no real response from employers, I've concluded that the current job market is just too saturated with graduates and degrees don't mean as much these days. I may as well try and make my own way”.

Recent Bournemouth graduate Sophie Roberts is similarly determined to carve her own route. “I keep getting told how unlucky I am to be a graduate in a country where there’s little to no jobs to go around. This doesn’t really worry me because I believe I can make my own luck. I come from a family of entrepreneurs; my parents started their own business. If they can all do it, why can’t I?”

Have you tried new the Independent Digital Edition apps?
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
iJobs Job Widget
iJobs Student

MBDA UK Ltd: HR Advisor - Recruitment and Graduate Programme

Competitive Salary & Benefits: MBDA UK Ltd:    What’s the opportunity? We...

MBDA UK Ltd: Software Graduate

Competitive Salary & Benefits: MBDA UK Ltd:   Role Title: Softwa...

Ashdown Group: Graduate IT Support - Surrey - £28,000

£22000 - £28000 per annum: Ashdown Group: Graduate IT Support Helpdesk / Devel...

Guru Careers: Graduate Database Administrator / Junior DBA

£20 - 25k: Guru Careers: A Graduate Database Administrator / Junior DBA is nee...

SPONSORED FEATURES
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Giants Club: After wholesale butchery of Idi Amin's regime, Uganda’s giants flourish once again

Uganda's giants are flourishing once again

After the wholesale butchery of Idi Amin's regime, elephant populations are finally recovering
The London: After 350 years, the riddle of Britain's exploding fleet is finally solved

After 350 years, the riddle of Britain's exploding fleet is finally solved

Archaeologists will recover a crucial item from the wreck of the London which could help shed more light on what happened in the vessel's final seconds
Airbus has patented a jet that could fly from London to New York in one hour

Airbus has patented a jet that could fly from London to New York in one hour

The invention involves turbojets and ramjets - a type of jet engine - and a rocket motor
Tate Sensorium: New exhibition at Tate Britain invites art lovers to taste, smell and hear art

Tate Sensorium

New exhibition at Tate Britain invites art lovers to taste, smell and hear art
10 best sun creams for kids

10 best sun creams for kids

Protect delicate and sensitive skin with products specially formulated for little ones
Ashes 2015: Nice guy Steven Finn is making up for lost time – and quickly

Nice guy Finn is making up for lost time – and quickly

He was man-of-the-match in the third Test following his recall to the England side
Ashes 2015: Remember Ashton Agar? The No 11 that nearly toppled England

Remember Ashton Agar?

The No 11 that nearly toppled England
Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks