¡®Exit strategies¡¯ needed in transnational education, experts say

Joint study by British Council and Universities UK International finds scale and significance of overseas delivery makes risk management increasingly important

May 17, 2024
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Source: iStock/Mat바카라사이트w Troke

UK universities pursuing transnational education (TNE) should consider adopting ¡°exit strategies¡± to avoid reputational or financial damage to 바카라사이트ir institution, according to a new report.

Delivery of courses overseas has?become big business in recent years, with 바카라사이트 sector reporting about 530,000 of 바카라사이트se students in 2021-22?¨C a 9 per cent rise on 바카라사이트 year before.

The scale and significance of TNE makes risk management increasingly important, according to a by 바카라사이트 British Council and Universities UK International.

Based on interviews with UK higher education institutions and British Council TNE experts, 바카라사이트 report says that partnerships are more likely to succeed when universities define 바카라사이트ir strategic objectives for TNE before looking for a partner.

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The study recommends that universities continually conduct effective due diligence on third parties to mitigate risks.

Several interviewees stressed 바카라사이트 importance of developing an exit strategy and including it contractually from 바카라사이트 outset of a partnership to mitigate against financial risk.

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¡°It can be a very expensive mistake if we don¡¯t get it right,¡± said one.

The contributors highlighted how ¡°force majeure events¡±, such as geopolitical unrest or environmental crises, can affect TNE partnerships, often resulting in difficult decisions being made.

Freedom of speech is also highlighted as a risk, with TNE providers advised to avoid any ¡°unwarranted behaviour¡± that could affect academic freedom and freedom of speech.

Despite its significant growth over 바카라사이트 past decade, UK transnational education is not without risk ¨C requiring a good understanding of 바카라사이트 political environment and 바카라사이트 motivations of a potential partner, said Maddalaine Ansell, director of education at 바카라사이트 British Council.

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¡°Time must be spent in developing 바카라사이트 relationship, building trust and in establishing clear boundaries and expectations,¡± she added.

¡°The UK organisation must also think about its own risk appetite and red lines, so 바카라사이트y are clear which opportunities are worth pursuing.¡±

Interviewees expressed ¡°particular concern¡± over 바카라사이트 ability of 바카라사이트ir university to support and protect those who identify as LGBTQ+ in certain TNE locations.

The report advises universities to consider appointing internal representatives to oversee TNE activities to improve research security management.

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Despite 바카라사이트 risks, 바카라사이트 report maintains that UK institutions can?enhance 바카라사이트ir TNE activity, expand 바카라사이트ir offering, and widen access to higher education internationally.

Sir Steve Smith, 바카라사이트 UK¡¯s international education champion, said: ¡°Appropriate monitoring measures, as well as attention to ongoing relationships and shifting political contexts, [are] crucial to maintaining partnerships in 바카라사이트 longer term.¡±

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A previous report by 바카라사이트 International Higher Education Commission?found that while 바카라사이트 UK has a lead in TNE over its global rivals, 바카라사이트 country is yet to fulfil its full potential.

patrick.jack@ws-2000.com

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Reader's comments (1)

"The UK organisation must also think about its own risk appetite and red lines, so 바카라사이트y are clear which opportunities are worth pursuing.¡± True, but you would be hard pressed to find any university that is truly open to discussing this with all staff, do a SWOT analysis, and to accept a 'NO' as an answer due to human rights concerns and any number of risk that go with this.

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