23/10/2012 08:20 BST

'Young Apprentice' And Alan Sugar Return To BBC One (PICTURES)

Lord Sugar is back on our screens this autumn, as he attempts to shepherd 12 mini-hopefuls through the trials and tribulations of a new series of 'Young Apprentice'.

The 16 and 17-year-olds will compete for a £25,000 start-up fund, learning the all important business skills of creativity, determination, entrepreneurial flair and... ruthlessly getting ahead at the expense of those around you.

The tycoons of tomorrow are still in education and span a broad range of backgrounds, ranging from Paris to Kenya, Essex to Belfast and farm-yards to city centres.

young apprentice

'Young Apprentice' is returning to our screens

They include a former head girl, a farmer’s daughter, a female rugby-player, a fashion designer, a choral scholar and a ukulele player.

Even though they get to live in a luxury mansion in Hampstead, they will not be in for an easy ride.

In the first episode Sugar warns them: “I don’t like teacher’s pets and I don’t like school bullies.

"This is about the real world. I’m not making you sit exams; the only grade you’ll get here is ‘F’ for Fired.”

Sugar is once again accompanied by his no-nonsense advisers Nick Hewer and Karren Brady who will be overseeing such tasks as designing a new cookbook, sourcing props for the English National Opera and branding a hair-styling product.

'Young Apprentice' starts on Thursday 1st November at 8pm on BBC One