HIGHER EDUCATION POLICY AND BUSINESS SCHOOLS: CHALLENGES AND OPPORTUNITIES Barney Roe, Director of Communications & External Relations @BarneyLogic @CharteredABS

BREXIT The value of EU students to business schools: Staff: 36,215 students from the EU are currently studying business 11% of business school students come from the EU They spend £408,650,060 off campus each year EU students spend approx £383,848,237 in fees £792,498,297 – total spent by EU business school students on and off campus Staff: 13% of academic business school staff are EU nationals

BREXIT Since the referendum: 1 in 6 business schools saw increase in the number of EU undergraduate applicants not turning up to start their studies 10% of business schools have already lost research partners or shelved planned bids for EU research funding A third expect to lose planned research funding from the EU and EU research partners within the next 12 months 7% of schools have already lost EU staff 12% reporting difficulty in attracting international talent from the EU Weak pound = non-EU students still coming

INTERNATIONAL STUDENTS No imminent change in visa policy expected Increasing competition from Canada, Europe and Australia China Post Trump and post Brexit effect

INTERNATIONAL STUDENTS Demand from EU for UK undergraduate business courses Source: Hot Courses, course search data

INTERNATIONAL STUDENTS Demand from EU for UK postgraduate business courses

INTERNATIONAL STUDENTS Global demand UK business courses

TEF QUESTIONS REMAIN Medals here to stay? The weighting of the written submission Subject level TEF The impact on the reputation of institutions The impact on UK HE New metrics

SUBJECT LEVEL TEF Now a two year pilot rather than a one year pilot. Lessons learnt from each exercise TEF subject groupings – ongoing debate. Consideration of additional metrics? Link between TEF and REF Subject level TEF will not influence increases in student fees

BUSINESS SCHOOLS COMPARED WITH HE Business Schools HE NSS (2016) Teaching 82.3% 86.7% Assessment/Feedback 71.8% 73.5% Academic Support 80.4% 81.7% Non-continuation (HESA data 12/13) 90.6% 90.8% Employment 88.3% 89.6% (DLHE data 14/15)

DAMAGING THE UK HE BRAND? “Elite universities exposed as second-rate” “short-changing students with poor lectures, aloof tutors or second- rate facilities” “handed the lowest bronze award in the first Teaching Excellence Framework (TEF). They shared the ranking with the likes of Accrington and Rossendale College and Grimsby Institute of Further and Higher Education.”

IF METRICS DON’T MEASURE TEACHING EXCELLENCE. WHAT WILL? Contact time Learning gain Spend per academic head on teaching practice development Lecture/Seminar/Lab class size Student Staff Ratios LEO data

Opportunity for pedagogic research? REF - PEDAGOGY Impact Case Studies – broadened to include the impact of research on innovation in teaching theory and practice Research leading to major impacts on curricula and /or pedagogy within or across disciplines should be included Opportunity for pedagogic research?

INDUSTRIAL STRATEGY Address UK's management and productivity gap UK firms need to address their management capabilities - a weakness compared to other countries. UK firms investing less in management than US and European counterparts. Leadership, productivity, innovation, supply chains, entrepreneurship, scale-ups, and international trade – all cited as areas to stimulate growth. All areas of research and teaching carried out by business schools.

INDUSTRIAL STRATEGY Support start-ups to scale up Industrial Strategy highlights the pressing need to support our start-ups to scale up. Announced an Entrepreneurship Review to look at how to ensure the excellent work of business schools in supporting start-ups and micro businesses reaches a wider audience. Opportunity: entrepreneurship modules across non-business programmes. Opportunity: work with small businesses to help develop their management capacity, growth strategies, and business planning.

APPRENTICESHIPS The challenge The word ‘Apprenticeships’ Time to develop a programme Time to recruit Not cannibalising existing programmes

APPRENTICESHIPS The opportunity They can help with widening participation They respond to employer demand Opportunity to forge new partnerships with businesses and organisations Provides a platform to innovate curricula in partnership with local businesses. £3billion

THANK YOU @BarneyLogic @CharteredABS Email: barney.roe@charteredabs.org Website: charteredabs.org