Sunday, January 30, 2005

The beginning of the end for State education in the UK?

The Sunday Telegraph (no link) reports that the University of Chicago is to open a department in London this summer to allow students to earn a Masters from the university's business school. In one sense it might be seen as just another MBA course.

However, if it is the beginning of a trend for the internationalisation of education, it will hopefully shake-up the UK system. With UK universities caught between a fee cap and artificially rising student numbers, it would be no surprise to see students being drawn toward the higher quality education offered by US universities, and with their huge endowments, they would be able to offer bursaries far in excess of those available in the UK currently.

Prof Oswald of Warwick University, a luke warm market advocate at the best of times welcomes the move: It is a very logical development which we will see a great deal of in the next decade. Just as computers and cars are exported, so will university education.

12 Comments:

Blogger Stephen said...

I don't think there's anything particularly novel about US MBA courses setting up on foreign shores. The UofC programme used to be based at Barcelona, so this is just a change of venue for them.

Similarly, UK unis have long exported their own MBAs. I took my MBA at Kingston. They offer the same taught MBA at Moscow, Athens and Haarlem with a planned expansion to Cyprus.

Motivations for offering MBAs overseas are probably different to the larger UK offering. MBA's are cheap to teach (no labs, large lectures) and the unis can charge a lot for them (supply / demand and the MBA factor), so they tend to serve as something of a cash cow for the B-schools.

Chicago has a reputation as among the best (would that I could say the same for Kingston) and there are people who would be happy to pay their fees (€ 75,500) in return for a shot at the above-linked typical salaries. Being Europe-based enables a lot of European high-flyers to continue in employment whilst pursuing a world class international MBA.

Stephen

31 January 2005 at 09:30  
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