PROGRAM for UNIVERSITY, POLYTECHNIC & COLLEGE STUDENTS
The PROBLEM : Rising Unemployment Among Graduates
The issue of unemployment and underemployment among university and college graduates is indeed a pressing concern worldwide, with its roots deeply entrenched in various socioeconomic factors.
According to the International Labour Organization (ILO), global youth unemployment rates have remained high, with around 16-36% in 2021 and 15.58% in 2022. Africa and the Middle East with youth unemployment rates above 25% are the worst hit regions.
Underemployment, which includes part-time workers seeking full-time employment or individuals working in jobs below their skill level, presents a significant challenge. The World Bank estimates that around 30% of young workers worldwide are underemployed.
5 Reasons for Rampant Unemployment and Underemployment
1. Mismatch between Skills and Job Market Needs.
2. Economic downturns, recessions, and slow economic.
3. Lack of Job Creation
4. Overqualified graduates for the available positions.
5. Structural issues within education systems such as outdated curricula, inadequate career guidance, and limited access to practical training.
8 Short-Term and Long-Term Consequences
Short-Term Consequences:
- Financial Strain: Unemployment or underemployment among graduates often leads to financial difficulties, as they struggle to meet basic needs and repay student loans.
- Psychological Impact: Job uncertainty and the inability to find suitable employment can have detrimental effects on graduates' mental health, leading to stress, anxiety and depression.
- Underutilization of Skills: Underemployment means that many graduates are not fully utilizing their skills and potential, which can lead to frustration and disillusionment.
- Social Stigma: There may be a social stigma associated with being unemployed or underemployed, which can further impact graduates' self-esteem and sense of worth.
Ultimate Negative Impact
The ultimate negative impact of rampant graduate unemployment and underemployment is the erosion of human capital and the stifling of socio-economic progress. When a significant portion of a country’s educated youth is unable to contribute effectively to the workforce, it hampers innovation, productivity, and overall economic growth. Moreover, it perpetuates cycles of poverty and inequality, as individuals and communities struggle to break free from the grip of unemployment and its associated challenges.
THE SOLUTION : Graduates as Entrepreneurs
Encouraging graduates to venture into entrepreneurship can be a transformative solution to the prevailing issue of unemployment and underemployment. In a rapidly evolving global economy, traditional employment avenues often fail to absorb the influx of graduates, leading to frustration and unfulfilled potential. However, embarking on the entrepreneurial journey offers a myriad of benefits, both in the short and long term, ultimately contributing to personal growth, economic prosperity, and societal well-being.
Why Entrepreneurship?
One of the most compelling reasons to advocate for entrepreneurship among graduates is the autonomy it provides. Unlike traditional employment, where individuals are bound by organizational hierarchies and corporate mandates, entrepreneurship empowers individuals to chart their own course. Entrepreneurs have the freedom to pursue their passions and interests. This autonomy fosters a sense of ownership and agency, leading to greater job satisfaction and personal fulfillment.
Moreover, entrepreneurship serves as a catalyst for innovation and problem-solving. In today's dynamic landscape, the ability to adapt and innovate is paramount. Entrepreneurs are natural innovators, constantly seeking new opportunities and devising creative solutions to address challenges.
Financial independence is another compelling incentive for graduates to pursue entrepreneurship. While traditional employment offers a steady paycheck, entrepreneurship presents the opportunity for unlimited earning potential. Successful entrepreneurs have the ability to generate significant wealth through their ventures, with the potential for high returns on investment. However, it's essential to acknowledge that entrepreneurship also involves risks, and success is not guaranteed. Nonetheless, the prospect of financial success serves as a powerful motivator for graduates who are willing to take calculated risks and pursue their entrepreneurial aspirations.
Beyond financial rewards, entrepreneurship offers the opportunity for personal and professional growth. The skills and experiences gained through the entrepreneurial journey, such as leadership, problem-solving, and resilience, are invaluable assets that can be applied across various domains.
Furthermore, entrepreneurship plays a vital role in driving economic growth and job creation. Startups and small businesses are the engines of innovation and job creation, contributing significantly to employment opportunities and economic development. By fostering an ecosystem that supports entrepreneurship, societies can unlock new sources of innovation, productivity, and prosperity.
By encouraging graduates to become entrepreneurs, we empower them to pursue their passions, drive innovation, and create value in society. Moreover, entrepreneurship serves as a beacon of hope, offering a pathway to success and fulfillment for graduates seeking to make their mark on the world. As we navigate the complexities of the modern world, entrepreneurship emerges as a beacon of hope, offering a pathway to success and fulfillment for graduates seeking to make their mark on the world.
Established in 2011, ACE (UK) is a British professional body dedicated to producing Professional Entrepreneurs for the world market. To achieve its mission, ACE (UK) provides a suite of specially designed that can empower students and entrepreneurs with the skills to become highly innovative, creative and programmes entrepreneurial. The programs has been developed based on extensive research and inputs from a large pool of highly successful entrepreneurs.
Vision
To create Innovative Professional Entrepreneurs with Compassion and Integrity
Mission
- To Empower and Transform the Global Youth Community to become successful Entrepreneurs.
- To Instil Good Values among future entrepreneurs through knowledge sharing by successful peers of integrity.
- To recognize Leaders actively contributing to Entrepreneurial Development in any part of the world.
- To connect Global Agencies that are promoting MSME (Micro, Small Medium Enterprises).
To be a Networking platform for entrepreneurs to source for new business opportunities globally through the ACE Entrepreneur Workshops and Conferences.
In today’s fast-paced world, the allure of becoming a multimillionaire is stronger than ever. While many envision this path through climbing the corporate ladder, there’s another route that’s equally promising: entrepreneurship. For college students, the prospect of forging their own path as entrepreneurs holds immense potential, and here’s why.
Take, for instance, the iconic Jeff Bezos, who transformed an online bookstore into the e-commerce behemoth Amazon. Starting from humble beginnings in his garage, Bezos relentlessly pursued his vision, demonstrating the power of innovation, risk-taking, and resilience. Today, his net worth exceeds billions, showcasing the boundless opportunities entrepreneurship offers.
Similarly, Richard Branson, the founder of Virgin Group, epitomizes the entrepreneurial spirit. From launching a mail-order record business to building a conglomerate spanning numerous industries, Branson’s journey underscores the importance of daring to dream big and seizing opportunities. His story serves as a testament to the transformative potential of entrepreneurship.
But beyond these inspiring examples, the statistics speak volumes. According to the Global Entrepreneurship Monitor, entrepreneurship rates among young adults have been steadily increasing, with college-educated individuals leading the charge. Moreover, research indicates that entrepreneurs tend to earn higher incomes and enjoy greater job satisfaction compared to their counterparts in traditional employment.
Furthermore, the rapidly evolving landscape of technology presents unprecedented opportunities for young entrepreneurs. With the rise of digital platforms, social media, and e-commerce, the barriers to entry have significantly lowered, enabling aspiring entrepreneurs to launch their ventures with minimal resources.
Moreover, entrepreneurship fosters invaluable skills such as creativity, adaptability, and problem-solving, which are essential for success in today’s dynamic job market. By embracing the entrepreneurial mindset, college students can cultivate a mindset of continuous learning and innovation, equipping them with the tools to thrive in an ever-changing world.
In conclusion, the journey to becoming a multimillionaire through entrepreneurship is not only attainable but also incredibly rewarding. By drawing inspiration from trailblazers like Jeff Bezos and Richard Branson and leveraging the supportive ecosystem and abundant resources available, college students can chart their course towards financial success and fulfillment. So why wait? Seize the opportunity, unleash your potential, and embark on the exhilarating journey of entrepreneurship today.
- Certificate Awarded by an Internationally Recognized Professional body from UK.
- Membership to ACE (UK) entitles you to use a professional title behind your name for life eg Member, ACE (UK) or MACE (UK)
- Offers industry-specific entrepreneurship skills, not academic oriented knowledge
- Highly Affordable fees as it is subscription-based.
- Enhances Employment Opportunities for those who want to work first as the certificate verifies acquisition of skills innovation and creativity.
- No Exams as all modules are delivered as workshops which are highly practical-oriented.
- Offers immense value as the ACE certificate carries Credit hours (micro-credentials)
University and College students will need to complete 9 modules as shown below. Upon successful completion, candidates will receive the ACE (UK) Professional Certificate in Entrepreneurship.
Note: Each module is taught over 2 days in a workshop format and takes 1 month to be completed. (Please refer to duration, frequency and mode of delivery section.
- The workshop-based approach has several distinct advantages over the classroom type lectures that you receive at your study place (Click here for details)
- All modules are conducted in a Workshop Format, not lecture or classroom style.
- In addition to the live classes, you also get to access AI-embodded Videos that further strengthen your understanding of the workshops for each module.
- In addition to AI-Embodded Videos, AI based Audios are provided as means of revision.
- Both AI-Embedded Videos and Audios can be viewed / listened to at your own free time.
The ACE(UK) Professional Certificate in Entrepreneurship is designed such that it does not interrupt with your college or university studies. The duration, frequency and mode of delivery are as follows
- Duration : 18 DAYS over 9 months period.
- Frequency : 3 hours x 2 days per month
- Mode Of Delivery: All workshop will be conducted LIVE (real time class). Class schedule will be communicated to all paid subscribers only.(see table below for example)
Note : Workshops are delivered from 9.00am -10.30pm followed by 11.00am – 12.30pm over 2 days per month for each module ie 6 hours per module.
- Unlike other providers globally who offer courses that are video recorded, all courses offered by ACE(UK) are conducted LIVE.
- Highly Experienced and Qualified Practitioners are hand-picked by ACE(UK) to deliver the workshops thus guaranteeing the highest quality.
- Live classes are offered based on the world-famous RTC (Real Time Class) mode where workshops are scheduled according to your country Time Zone.
- You can interact with your trainer LIVE and clarify instantaneously.
- You can network with other participants globally.
- You are thought by highly qualified and experienced professionals.
- You can still access all courses offline, if you miss a class.
- All Students will pay a monthly subscription fee followed by a membership fee.
- The monthly subscription fee is USD39 per month x 9 months whereas the membership fee is USD30.
- The subscription fee is paid direct to our Approved Training Provider partners in Asia, Africa, Europe or USA.
- Upon successful completion of the 9 modules (18 lessons), you will awarded a Professional Certificate in Entrepreneurship by ACE (UK).
- You are automatically eligible for ACE(UK) membership which carries the title of Member ACE(UK).
- All ACE (UK) members will be registered in the blockchain for employers and others to verify your membership status.
Step 1: Apply by completing the ACE (UK) Registration form (click here)
Step 2: Upon acceptance of your registration, you will be given an OFFER LETTER.
Step 3: Complete the Acceptance Form and pay the first module fee of USD39 via Flywire (Click Here) .
Step 4: You will be assigned an ACE (UK) ID No. You are now eligible to attend the 18 lessons (9modules) as per the timetable given to you.
Step 5: You will receive the Professional Certificate from ACE (UK) after completing the 9 modules successfully.
Step 6: Upon receiving the Professional Certificate, you are eligible to become Associate Member, ACE(UK). You will receive a separate ACE(UK) Associate Member certificate which you can frame and display in your workplace.