International students are worth about 10 times more to the UK economy than they cost the taxpayer, according to a new report that will add to pressure currently mounting on the country’s government for a shift in policy on the issue. The analysis, which, unlike most similar studies in the past, looks at the cost of hosting overseas students as well as the benefits, calculates the bill at £2.3 billion, including use of the NHS and other public services.
The Global Knowledge Index is based on a combination of six sectoral indices including preuniversity education; technical vocational education and training (TVET); higher education; information and communications technology; research, development and innovation (RDI); and, finally, economy, in addition to a general sub-index on the general enabling environment.
The Financial Times has published the 2017 edition of its European Business School Ranking, which is based on the performance of each business school's MBA, EMBA, Master in Management and Executive Education programs. The top 10 in this year's ranking shows only a minor shuffling from last year. For the fourth year in a row, London Business School leads the ranking, even though the school's position in the FT's Global MBA Ranking dropped this year, from third to sixth.
A Yale expert has added his voice to the growing list of bitcoin naysayers by arguing that it is a ‘dangerous speculative bubble.’ The digital currency has been experiencing record highs throughout 2017. However, despite the impressive journey that bitcoin has been on, that hasn’t stopped many from claiming that it is in a bubble. Another voice added to that list is Stephen Roach, a Yale University senior fellow and the former Asia chairman and chief economist at Morgan Stanley, reports CNBC.
The Paradise Papers have revealed that the prestigious British universities have committed significant sums to a hedge fund scheme related to investments in fossil fuels. The revelations are likely to increase pressure on both institutions over their investment policies. The universities of Oxford and Cambridge invested millions of pounds in offshore funds, according to revelations contained in the Paradise Papers.
The Lucerne University of Applied Sciences and Arts in Switzerland announced the decision to accept Bitcoin payments. The university has identified that Bitcoin is on the cutting edge of new technologies, and seemingly appreciates the direction in which cryptocurrency is heading. “Its [Bitcoin’s] ability to disseminate knowledge on cutting-edge technologies such as Blockchain, as well as its desire to gain experience in the practical aspects of this novel area,” the University said.
Bitcoin's future is undoubtedly tough to predict. The pundits either believe it will go to the moon or collapse. The latest to join the league of those predicting the demise of Bitcoin is Kenneth Rogoff, a professor of economics at Harvard University. In a blog post in the Guardian, Ken Rogoff writes: "Is the cryptocurrency Bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of Bitcoin will collapse."
Stanford University has been named the best university in the world for graduate employability for the second consecutive year, acccording to QS Quacquarelli Symonds, global higher education analysts and career advice specialists. The American institution is one of 13 United States of America universities in the top 25 of the QS Graduate Employability Rankings 2018, which assesses how successfully universities produce employable graduates and foster connections between students and employers.
The Master’s in Management (MiM) degree is a good way to increase your salary and gain an edge over competitors in your first job search after college. The MiM is a pre-experience program largely taken by those fresh out of undergraduate courses. Each year since 2004, the Financial Times has ranked the world’s best MiMs, this year on metrics such as salary increase, career progress, and value for money. On Monday, the FT released its latest ranking of the world’s 95 best MiM degrees. Switzerland’s University of St Gallen retained its top spot, the seventh consecutive year its MA in Strategy and International Management has come first. HEC Paris is in second place for the fourth year on the trot, while Spain’s IE Business School rose four places to third.
The 2017 Academic Ranking of World Universities (ARWU) is released today by ShanghaiRanking Consultancy. Since 2003, ARWU has been presenting the world Top 500 universities annually based on transparent methodology and third-party data. This year, in addition to the top 500 universities, ShanghaiRanking announces the list of universities ranked between 501 and 800 as ARWU World Top 500 Candidates.
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