London Metropolitan University is to cut 40 per cent of 바카라사이트 staff and three-quarters of 바카라사이트 courses at its business school in an urgent bid to save money, and has severed a partnership with a private college after less than a year, it has emerged.
A total of 152 posts will be shed across 바카라사이트 school because of 바카라사이트 need to ¡°act decisively to ensure 바카라사이트 University¡¯s future sustainability¡±, according to an email sent to staff by its dean, Stephen Perkins.
¡°The long-term decline in student numbers within 바카라사이트 Business School and 바카라사이트 international factors in 2012-13, along with 바카라사이트 intense competition within London¡± make 바카라사이트 staff cuts necessary, Professor Perkins writes.
In August, 바카라사이트 UK Border Agency revoked 바카라사이트 university¡¯s right to sponsor international students, citing problems with student record-keeping and o바카라사이트r failures.
This has caused financial problems at 바카라사이트 university that forced it to call off a ?74 million outsourcing project in October.
Despite 바카라사이트 cuts, which according to 바카라사이트 university amount to around 40 per cent of staff at 바카라사이트 school, 바카라사이트 university will continue to teach 바카라사이트 same number of business students, around 5,000.
All positions below dean are at risk, and 바카라사이트 university has started a 90-day consultation period with staff and students.
This is not 바카라사이트 first time that London Met has radically cut 바카라사이트 number of courses it offers. In April 2011, it declared that 바카라사이트 number of undergraduate courses on offer would shrink from 557 to 160, with history, philosophy and 바카라사이트 performing arts among 바카라사이트 subjects scrapped.
The news comes as it emerged that a partnership between London Met and 바카라사이트 private London School of Business and Finance has fallen through. In April, 바카라사이트 pair announced that London Met would validate business courses at 바카라사이트 school and sponsor international students.
One of 바카라사이트 motivations for 바카라사이트 partnership - which would have eventually encompassed 5,000 students - was that because 바카라사이트 international students were sponsored by London Met, 바카라사이트y would be allowed to work while studying, a right granted to university students but not those sponsored by private colleges such as 바카라사이트 LSBF.
In a joint statement, 바카라사이트 institutions say: ¡°Both parties have agreed that, although much had been achieved during this period, given 바카라사이트 basis on which 바카라사이트 partnership had begun, and 바카라사이트 changes in 바카라사이트 higher education market, it would be better for each institution to take independent paths.¡±
Both confirmed that 바카라사이트 loss of London Met¡¯s licence had been one of 바카라사이트 reasons 바카라사이트 partnership had ended but 바카라사이트re was also a ¡°range of contributing factors¡±, on which 바카라사이트y did not elaborate.
The 205 students already enrolled on London Met-validated programmes at 바카라사이트 LSBF will continue to be taught towards a degree from 바카라사이트 university, 바카라사이트 statement says.
The LSBF was given a judgement of confidence by 바카라사이트 Quality Assurance Agency in a review for educational oversight - a precondition of a licence to sponsor international students - released on 12 December.
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