Michael Tefula graduated in 2010 with a first-class degree in accounting and finance at the University of Birmingham, UK. He won the Ernst & Young prize for the highest dissertation mark (86%) and shared the Deloitte prize for the highest module mark (80%) with four other students. He was co-founder of Birmingham Entrepreneurs' society (University of Birmingham). Michael also holds an MBA from the University of Oxford and works in the technology and finance sectors.