(PDF) Brexit - A review of impact on future of United Kingdom

CONSULTANCY REPORT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Literature Review.............................................................................................................................1
Theoretical Analysis- Brexit and its influence on European students.............................................4
Literature Review.............................................................................................................................7
Theoretical Analysis- Brexit and its influence on international students........................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
United Kingdom is considered as one of the best countries for higher education in world.
The United Kingdom provides an academic experience that is very hard to beat. UK universities
are world recognised universities with innovative approach of teaching and the has world best
teachers to deliver it. The educational system is one of the main contributor in UK economy and
results in giving high GDP rate. With the historical decision of Britain leaving European Union
has impacted almost every sector of UK including educational system in Britain. It would also
affect the decision of students from Europe as well as the international students to study in UK
universities. It has been evident from the fact that, Brexit has major influence on the educational
system of UK as well as on EU. The students from EU, who were studying or wishes to study
will be considered as international students as vice versa. They will also be obliged to all the
legal process of visa and immigration to get admission in UK universities. The Brexit will also
influenced the international students from other European countries like USA, Canada, Australia,
Germany, France and Japan as to visit in large quantum to get higher education from UK's
universities. The present study will provide a brief information about the manner in which Brexit
places direct influence on EU and other international students. On the other side, the report will
also depict about the impact of higher fee of UK universities after Brexit that will influence EU
and other international students.
SWOT Analysis of Brexit and its influence on European students and international students
Strengths-
 Limited visas will be allocated to students
 Cost saving to UK economy
Weaknesses
 Tuition fees will increase
 Immigration will get complex
Opportunities
 Enhancement in overall education system
 More jobs for UK researchers, academicians
Threats
 Loss of quality EU researchers
 Decline in admissions of international students
1

Literature Review
Theme 1: Factors attract Students to study in UK.
As per the view of Hobolt (2016), the perceived quality of UK higher education is the
main reason, students from Europe come to study science, technology, engineering ans Maths
courses in the country. Britain higher education and qualification have a remarkable international
reputation and the degree from UK is recognised globally. Many multinational companies like to
follow the education system of Britain. There are many opportunities that are being offered by
UK educational system. It provides wide choice in selecting the best suited field of study and
institution, the duration of study in England helps in reducing tuition and accommodation cost to
outsider. Along with the study, UK government allows the students to work as a part-time job,
internship or placement and develop valuable skills that are added in their CV. Most of the UK
universities provides merit based scholarship programs and funding opportunities to support
study and cost of living pertaining to UK students.
As states by Goodwin and Heath (2016), the problem in Britain's education system are
the political issues arising which are required a solution. This year a proposal has been put
parliament regarding higher education bill, universities have the power to increase their fees
structure, if they perform good in graduate earning. The students with wealthier parents are
earning, more than those from less wealthy family. It results in compressed financial condition
for universities with mostly working class students.
Theme 2 : Contribution of education system in GDP.
As per the view of Portes and Forte (2017), UK universities generates more than 95
billion pounds for the country' economy and support more than 940000 jobs in UK. The GDP
contribution of universities is 1.2 percent or 21.5 billion pounds in 2014-2015 (Universities
‘generate £95 billion for UK economy’ , 2018). The impact of universities on the UK economy is
growing. It can be said that higher education sector contributed to over £73 billion and provide
more than 750,000 full-time job opportunities for people in 2011 to 2012. This equates to 2.8%
of gross domestic product up from 2.3% in 2007 to 2008. In 2015-2016, the number of students
in UK universities are 2.28 million, from which around 5.6% are from other EU countries and
13.6% of whom are from non EU countries (Brexit and higher education, 2018). The 2011
census report found that around four out of 10 people aged between 25-34 had a degree level
qualification or above.
2