Categories
Business Unit

Business school heads vow to fight axing of MBA apprenticeship

The heads of leading British enterprise colleges have vowed to thwart federal government plans to axe the MBA apprenticeship by splitting the review into two, with the majority nevertheless staying included by the education programme. Apprenticeships for senior executives have mushroomed next federal government reforms to techniques funding that pressured businesses with yearly payrolls greater […]

The heads of leading British enterprise colleges have vowed to thwart federal government plans to axe the MBA apprenticeship by splitting the review into two, with the majority nevertheless staying included by the education programme.

Apprenticeships for senior executives have mushroomed next federal government reforms to techniques funding that pressured businesses with yearly payrolls greater than £3m to established apart an equal to .five for each cent of this sum for paying out on office education techniques.

Unhappiness that levy cash ended up staying put in in this way, on programmes costing up to £18,000, prompted education and learning secretary Gavin Williamson to look for a critique into the MBA apprenticeship with an eye to getting rid of it from the levy process.

Professor David Oglethorpe, dean of Cranfield © University of Sheffield

The Division for Education and learning has not however formally scrapped the MBA apprenticeship. But in the latest record of apprenticeship standards issued by the administering agency, the prerequisite to get hold of an MBA or other masters diploma to complete a senior chief qualification has been lower.

Having said that, David Oglethorpe, dean of Cranfield university’s college of administration, instructed the Financial Instances that his institution would proceed to provide an MBA no matter what the result of the critique.

Below Mr Oglethorpe’s proposal, learners would complete a senior chief apprenticeship and then undertake an more piece of coursework and pay back an further rate to get hold of an MBA. Some learners could possibly have to pay back this cost, which could be up to £9,000, themselves but it would nevertheless only be a portion of the whole rate.

“I have been battling tooth and nail to say leave it as it is, but this implies we could nevertheless provide the qualification,” Mr Oglethorpe stated.

“The feedback we get from businesses is that it helps them entice and keep vital team. A fifth of our consumption arrive from black, Asian and minority ethnic backgrounds and fifteen for each cent experienced in no way been to college in advance of starting the programme.”

“The senior chief apprenticeship regular has been mapped on to an MBA curriculum, generating it straightforward for us to provide an MBA for those people that would like a person,” Mr Oglethorpe stated. “We would have to demarcate the two skills but that is comparatively easy to do.”

This way of funding an MBA has positive aspects, Mr Oglethorpe additional. “Whilst the qualification remains element of an apprenticeship regular, you cannot talk to staff members to contribute to the charge. If you could, it would indicate they would have pores and skin in the game.”

Other enterprise college heads stated they ended up contemplating related arrangements if the federal government made the decision to take away the MBA from apprenticeships.

“The MBA is observed as a significant factor on a CV so there will often be an incentive to provide a route to acquiring this by the apprenticeship,” John Board, dean of Henley Enterprise Faculty.

“The more substantial risk is that the federal government cuts the selling price businesses ought to pay back for the apprenticeship, which would no extended make it viable for colleges like us to provide our course. You would then be left with suppliers who only pay back lip company to the standards required for significant-excellent administration education.”

The thought of offering an MBA independently to the apprenticeship also been given the backing of the Chartered Administration Institute, the accreditation system for administration education and learning in the British isles.

“It would established a peculiar precedent if the federal government stated that businesses cannot pay back for their staff members to review for this qualification if that is what they want to do,” Daisy Hooper, the CMI’s head of plan and community affairs, stated.

“The apprenticeship levy has broadened access to the MBA. Restricting this will transfer it again to getting an elitist qualification.”

The Division for Education and learning stated: “The education and learning secretary requested the Institute for Apprenticeships and Specialized Education and learning to critique the senior chief apprenticeships regular to ensure it is assembly its aims and supplies worth for cash. The critique is ongoing.”