Page last updated at 11:13 GMT, Wednesday, 3 October 2012 12:13 UK

Finance Committee

University of Aberdeen Principal Ian Diamond told the Finance Committee there was a "huge need to increase the number of people in Scotland taking postgraduate taught courses" on 3 October 2012.

Mr Diamond was giving evidence to the committee as it continued its scrutiny of the Scottish government's Draft Budget 2013-14 .

He said there was a need for processes and finances to be in place to help the "best people take postgrad taught courses regardless of their background".

During the round table sessions, Stephen Boyle from RBS Group Economics said "we must allow businesses to fail" because if they are not allowed to fail there is no "competitive urge" let loose.

Colin Mason from the Adam Smith Business School called for funding for entrepreneurship centres in every university in Scotland, with each one having an interface with companies externally.

John Hughes from Edinburgh Chamber of Commerce; Donald MacRae from Lloyds Banking Group Scotland; Jeremy Peat the director of the David Hume Institute and Ian Ritchie from the Royal Society of Edinburgh also gave evidence.

MSPs then reported back on the employability workshops, in Dundee, Dumfries and Galloway, and North Ayrshire.

Finance Committee membership

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