Very good news here that now a private company can now award degrees. BPP is a very professional firm and is pretty well known in the professional services area. So now BPP can award degrees in the areas of Law, accounting, marketing and finance in the masters programmes.
Now the impact will be felt mainly on the universities who see these professional degrees as their cash cows. Most university business schools, accounting schools and law schools are pure cash cows. And the students are, well, they can be treated much better.
If BPP gets full fledged into this business, it will cannibalise the British Universities lovely cash cows in 3-5 years time. They will need to think about better ways to do raise their monies. And no, executive education is not the route. Best go for tax funding!!
I will be commenting more on this issue going forward.
All this to be taken with a grain of piquant salt!!!
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