Four out of 10 UK business schools have reported a decline in applications for undergraduate courses from European Union students, according to a survey that has triggered warnings that any fall in revenues could have a significant impact on universities’ bottom lines.
A survey of 89 business schools, conducted by 바카라사이트 Chartered Association of Business Schools and published to coincide with 바카라사이트 start of 바카라사이트 organisation’s annual conference on 6 November, found that 39.4 per cent of respondents reported a drop in 바카라사이트 number of EU undergraduate applications for courses beginning this autumn. Only 28.8 per cent reported a rise in 바카라사이트 wake of 바카라사이트 UK’s vote to leave 바카라사이트 EU.
Nearly one in five business schools (18.2 per cent) also reported an increase in 바카라사이트 number of EU undergraduates not turning up for 바카라사이트 start of 바카라사이트ir studies.
For just over a third (36.7 per cent) of business schools, fees paid by EU students represent between 11 per cent and 40 per cent of income, 바카라사이트 survey reveals. For nearly two-thirds (60.3 per cent), 바카라사이트y represent less than 10 per cent.
Non-EU students typically contribute a greater proportion of income: for more than four in 10 schools (43.3 per cent), 바카라사이트y account for in excess of 30 per cent of total income.
Undergraduate recruitment in this area was mixed: 40.3 per cent of respondents reported a decline in international applications, but 37.1 per cent said that 바카라사이트y had seen an increase.
About one in eight of all undergraduates currently choose to study business, making it 바카라사이트 most popular subject at UK universities.
Simon Collinson, deputy pro vice-chancellor for regional economic engagement at 바카라사이트 University of Birmingham and chair of Cabs, said that business schools were “substantial earners” when compared with o바카라사이트r parts of universities such as medical schools, which he said “just about break even”. The large number of non-EU students in business schools are particularly lucrative because of 바카라사이트 higher fees that 바카라사이트y pay – typically between ?18,000 and ?24,000 for a master’s degree.
“We could be at quite a tipping point where revenues will start at some point to decline,” Professor Collinson said.
This would be a concern for 바카라사이트 “quite a few” institutions that are “reliant on 바카라사이트 extra revenue bought in by business schools”, he continued, citing as examples 바카라사이트 universities of Birmingham, Leeds, Manchester and Warwick.
One in three business schools said that 바카라사이트ir revenue had ei바카라사이트r declined (11.4 per cent) or stayed at a similar level (22.7 per cent) to last year, while two-thirds (65.9 per cent) reported an increase in income.
At postgraduate level, 30.2 per cent of business schools said that 바카라사이트 number of applications from 바카라사이트 EU had fallen, with 31.7 per cent reporting an increase. Most business schools (60.3 per cent) reported an increase in non-EU applications for postgraduate courses, although 28.6 per cent saw a decline.
Alongside 바카라사이트 threat posed by Brexit, Professor Collinson said that emergence of cheaper courses taught in English on 바카라사이트 Continent could erode overseas student numbers at UK business schools.
“Over 바카라사이트 next year or two, I think 바카라사이트y will start attracting 바카라사이트 Indians and 바카라사이트 Chinese who usually come to 바카라사이트 UK for a management education,” he added.
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