new opportunities in caribbean tertiary education
DESCRIPTION
NEW OPPORTUNITIES IN CARIBBEAN TERTIARY EDUCATION. Presented by Dr. Anthony O. Fisher Director, External Relations UWI-Cave Hill Campus, Barbados June 17, 2014. EXISTING PROVIDERS. GOV.UK – Tertiary education opportunity in the Caribbean study - PowerPoint PPT PresentationTRANSCRIPT
NEW OPPORTUNITIES IN CARIBBEAN
TERTIARY EDUCATION.
Presented by Dr. Anthony O. Fisher
Director, External RelationsUWI-Cave Hill Campus, Barbados
June 17, 2014
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GOV.UK – Tertiary education opportunity in the Caribbean study• A range of 150 tertiary level educational institutions funded primarily
by government: – National Public Universities -- Guyana, U of Technology (Jamaica), Belize, Trinidad & Tobago, Haiti, DR – Private Universities —St Georges’; Ross; Northern Caribbean; American U of Antigua; U of the South Caribbean – Private and Public Colleges/Schools/Polytechnics –several in
the various countries – External Colleges/Universities - online and distance programming
• 1 Regional University - U of West Indies
EXISTING PROVIDERS
• Exponential growth in demand (CDB)• Universal free secondary level
education expands the pool of applicants
• Govt. assistance to provide “free” tertiary level education
• Only 12% ratio of those qualified for TE can be accepted
• Replacement of the 80% of tertiary graduates who emigrate yearly.
• Opportunity in filling the gap
LOCAL DEMAND FOR TERTIARY EDUCATION
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• GATT and the rise of TNE• USA, UK, Australia, Canada
prime destinations • Revenue potential for country• Increased competitiveness • Internationalization a factor in
university rankings
INTERNATIONAL EDUCATION TRENDS
“Demand for intl. higher education grew by 99% to 4.1 million students from 2000-2010, an average annual growth rate of 7.1% (KPMG)”
UWI – # 1 BRAND • Started by Royal Charter in
1948
• Two Nobel Prize winners among faculty and students
• 8 Prime Minister graduates
• Reduced government funding
• Dilemma – be regionally responsive and international competitive
• IO’s create global learning opportunities
• Erasmus Mundus exchanges
• Study abroad – Denmark, DAAD Brazil, US
• New global full fee-paying niches
INTERNATIONALIZATION OF UWI
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• Articulation (Middlesex)
• Research partnerships (Kings College, 4R)
• Double degrees (New Brunswick)
• Consortia Agreements (CGBU)
• Representative agents (Student Centre)
• 2+2 and permutations (Chattanooga State)
STRATEGIC PARTNERSHIPS
• Downturn in nbr of foreign students to UK
• Change in UK student visa rules re work
• Higher UK university fees
• UK encouragement of and growth in UK study abroad
• Opportunity for UWI and partners
Pic from Shridath Ramphal CentreOPPORTUNITY DRIVERS
PROGRAMMEUWI, CAVE HILL U.K. UNIVERSITY
London School of Hygiene and
Tropical Medicine Masters in Public Health £8,960 £19, 450 MSc Logistics & Supply Chain Management
Hull University£8,960 £13,300
MSc Project Management Birmingham University
£8,960 £17,355
PRICE/VALUE OF THE UWI PROGRAMMES
“The overall structure and content of the programme is hugely impressive and undoubtedly of international
standard…. The course is likely to make a substantial contribution to health in the region”
Master of Public Health UWI Cave Hill External review by Professor Liam Smeeth
Professor of Clinical EpidemiologyLondon School of Hygiene and Tropical Medicine
May 20th to 23rd 2012
INTERNATIONAL STANDARDS
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• UK institutions recruitment platform in Africa for outbound to UWI
• UWI preparation platform for UK inbound
• Brazil, Venezuela, Colombia, Mexico • Caribbean diaspora
• Guyana’s need for qualified HR
• Canada education visa rules create opportunity
• Online via OPEN campus
POTENTIAL MARKETS
FASTEST GROWING SOURCE MARKETS
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• Increase in regional demand for English• Venezuela - executives from PDVSA
• Brazil - continued growth of class “C” purchasing power
• Investment in study and work abroad to boost professional career
THE ELT OPPORTUNITY
TERTIARY EDUCATIONIN THE CARIBBEANTHE CARIBBEAN
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• Ocean Sciences the next frontier – energy, aquaculture, mining, tourism, logistics; nutraceuticals
• Science and technology skills deficit
• Offshore oil and gas engineers and technicians
• A UWI partnership creates a ‘first mover’ opportunity
THE BLUE ECONOMY OPPORTUNITY
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• English teaching STEM academic hub between north and south
• Mauritius example
• A UK cost effective, academically certified and pre-packaged footprint for UK based universities/colleges
• Proximity to source/destination markets Brazil, Canada, Venezuela, Mexico, USA etc
• Beauty and political stability of the islands
• UWI and partners consortium
OPPORTUNITY TO CREATE AN EDUCATION HUB
• Representative agents, tertiary educational service providers, e-marketing and courseware developers, student loans providers, governments and venture capitalists all have opportunities.
• The underserved population “profits” from quality choices
• More demand than institutional supply in the Caribbean and contiguous region for qualified HR.
• Growing aspirations to middle class in South America and African continents create recruitment pool
• Canada’s immigration policy favors the export model
• Higher rates of Internet connectivity in region
WHO CAN PROFIT AND WHY?
• Mindset: Educational services as an export sector
• Mindset: Tertiary education as contributor to foreign direct investments
• Investment promotion agencies to put educational services on agenda, web-site, promotional materials, budget
• Funding recruitment efforts
• Marketing research for particular niches
FACILITATORS
Anthony O. Fisher, Ph.D.Director, External RelationsThe University of the West IndiesCave Hill CampusP.O. Box 64, Bridgetown, BB11000BARBADOSTel: 246-230-6673; 246-4174656Email: [email protected]
CONTACT DETAILS