In this week’s Business School Broadcast we look at the continued impact Brexit is having on business school recruitment in the UK, discover how fintech disruption is gathering pace at various institutions, and celebrate the official launch of King’s Business School in London.
Brexit hitting business school recruitment of EU students and staff – Chartered ABS Annual Survey results
The results reveal that 40% of UK business schools have seen a decline in applicants from the EU to their undergraduate business courses. One in five schools reported an increase in the number of successful applicants from the EU failing to turn up at the start of this academic year. Professor Simon Collinson, chair of the Chartered ABS, is concerned that the trends in student recruitment could prove a tipping point for university finances. “The high numbers of business students are a key source of revenue for universities and business schools produce research vital to unlocking Britain’s productivity.”
Official launch of King's Business School
At the official launch of the King’s Business School, executive dean professor Stephen Bach said the new school aims to meet employers’ demand for younger, more agile and innovative graduates in such unpredictable times. The school aims to become the premier undergraduate business school and has said it will focus upon UG and specialist masters courses including marketing, entrepreneurship, finance and talent management, addressing the changing needs of the economy and a demand for lifelong learning.
Officially launching the new school with a talk on sustainable and ethical business, the governor of the Bank of England Mark Carney said, “King's College London's Business School, with its deep-rooted sense of social justice and a recognition of the value in diversity will develop the responsible leaders of tomorrow who can help shape an inclusive and sustainable future.”
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