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
• 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
2
LOCAL DEMAND FOR TERTIARY
EDUCATION
• 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
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)”
• GATT and the rise of TNE
• USA, UK, Australia, Canada
prime destinations
• Revenue potential for country
• Increased competitiveness
• Internationalization a factor in
university rankings
4
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
INTERNATIONALIZATION OF UWI
• IO’s create global learning
opportunities
• Erasmus Mundus exchanges
• Study abroad – Denmark,
DAAD Brazil, US
• New global full fee-paying
niches
STRATEGIC PARTNERSHIPS
• Articulation (Middlesex)
• Research partnerships (Kings College, 4R)
• Double degrees (New Brunswick)
• Consortia Agreements (CGBU)
• Representative agents (Student Centre)
• 2+2 and permutations (Chattanooga State)
7
Pic from Shridath
Ramphal Centre
OPPORTUNITY DRIVERS
• 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
PRICE/VALUE OF THE
UWI PROGRAMMES
UWI, CAVE HILL U.K. UNIVERSITY
PROGRAMME
Masters in Public Health
MSc Logistics & Supply
Chain Management
£8,960
London School of
Hygiene and
Tropical Medicine
£19, 450
£8,960
Hull University
£13,300
£8,960
Birmingham
University
£17,355
MSc Project Management
INTERNATIONAL STANDARDS
“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 Epidemiology
London School of Hygiene and Tropical Medicine
May 20th to 23rd 2012
POTENTIAL MARKETS
• 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
12
FASTEST GROWING SOURCE
MARKETS
THE ELT OPPORTUNITY
• 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
14
TERTIARY EDUCATION
THE
IN
THECARIBBEAN
CARIBBEAN
THE BLUE ECONOMY
OPPORTUNITY
• 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
16
OPPORTUNITY TO CREATE AN
EDUCATION HUB
• 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
17
WHO CAN PROFIT AND WHY?
• 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
FACILITATORS
• 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
CONTACT DETAILS
Anthony O. Fisher, Ph.D.
Director, External Relations
The University of the West Indies
Cave Hill Campus
P.O. Box 64, Bridgetown, BB11000
BARBADOS
Tel: 246-230-6673; 246-4174656
Email: anthony.fisher@cavehill.uwi.edu