Business schools were ‘used as a cash cow’ – Willetts

Universities were guilty in the past of “extracting money” from business school students without giving them good quality teaching. That is the view of David Willetts, the universities and science minister, who made the comments during a fringe event at the Conservative Party conference as he launched a charter for business schools that help small businesses and start-ups, writes John Morgan for Times Higher Education.

Willetts told the event, hosted by the Association of Business Schools, that he had been “frustrated” by the position of business schools two years ago. As well as a US-dominated research agenda, “universities were extracting money from students, both domestic and international, at business schools without giving a high enough quality teaching experience,” said Willetts.
Full report on the Times Higher Education site