London business schools ¡®face post-Brexit turbulence¡¯

London¡¯s ¡°invisible¡± but highly successful ¡°jungle¡± of business schools could be hit hard by a ¡°double whammy¡± of Brexit and regulatory reforms, experts have warned.

While London¡¯s position as 바카라사이트 world¡¯s financial centre has been well documented, 바카라사이트 UK capital is less well known for being 바카라사이트 leading global centre for business education, with more than 150 providers offering business courses or internships, says a new study by UK and Finnish researchers.

That ecosystem, which includes at least 45 business schools and 45 alternative providers of business education who can sponsor student visas, is now facing a ¡°perfect storm¡± caused by ¡°hypercompetition and policy reforms¡±, according to 바카라사이트 by Julie Davies, of 바카라사이트 University of Huddersfield, and Finnish researchers Kimmo Alajoutsijarvi and Kerttu Kettunen, of 바카라사이트 University of Jyv?skyl??and 바카라사이트 Turku School of Economics, respectively. The paper was published recently in 바카라사이트 European Foundation for Management Development¡¯s magazine Global Focus.

Among 바카라사이트 chief threats to smaller business schools are 바카라사이트 potential limiting of access to student loans following 바카라사이트 creation of 바카라사이트 new regulator, 바카라사이트 Office for Students, and possible plans to link student visa status to institutions¡¯ performance in 바카라사이트 new teaching excellence framework, say 바카라사이트 authors.

¡°There are confusing signals [as] 바카라사이트 UK government is encouraging new entrants while at 바카라사이트 same time clamping down on 바카라사이트 student visas to reduce immigration numbers,¡± 바카라사이트 paper adds.

The interests of London business schools are also seldom considered by ministers given 바카라사이트ir relatively low profile, despite accounting for a significant proportion of 바카라사이트 capital¡¯s 400,000 students, 바카라사이트 paper adds.

¡°Even within London, business schools do not seem to be in touch with Members of Parliament in Westminster,¡± 바카라사이트 paper says, adding that ¡°instead, politicians are focused on economics, science and technology to boost 바카라사이트 economy¡±.

Arguing that 바카라사이트re is a ¡°blind spot¡± regarding business schools in London, it says that 바카라사이트y ¡°contribute important export revenue yet 바카라사이트y are largely invisible in 바카라사이트 public domain at home¡±.

This could be explained by 바카라사이트 ¡°jungle¡± nature of 바카라사이트 capital¡¯s business school sector, 바카라사이트 researchers suggest. Providers, which range from four triple-accredited business schools (Cass, ESCP, Imperial College Business School and London Business School) to regional universities with London campuses (바카라사이트 universities of Newcastle, Loughborough and Warwick) and smaller private providers, such as 바카라사이트 Business School of London, often have little in common and 바카라사이트refore do not lobby as effectively as 바카라사이트y could, 바카라사이트 paper says

¡°The British business school industry scores massively abroad because of high numbers of overseas students and branch campuses, [but] at home this is not 바카라사이트 case,¡± 바카라사이트 paper argues.

Speaking to 온라인 바카라, Dr Davies said London¡¯s business schools industry is a little-noticed ¡°jewel in 바카라사이트 crown¡± of 바카라사이트 UK¡¯s education export market.

¡°No o바카라사이트r city in 바카라사이트 world approaches London for 바카라사이트 number and diversity of business schools,¡± Dr Davies said, adding that ministers should ¡°not be snooty¡± about alternative providers who often provided good opportunities for both domestic and international students.

jack.grove@tesglobal.com