Because of public policy issues, the non-GMAT UK and Irish schools are especially affected by the lower demand for foreign labour under this government. Higher quality students at some better schools see salaries falling (Cambridge, Manchester, Cass, Warwick), and they start to substitute for the schools below. Employers can afford graduates from better schools, and the higher-quality brands suffer less. In contrast, Lancaster and UCD alumni reported a $10,000 fall in salary, for example, compared to a fall of just $2000 at Cranfield and hardly any fall at Durham.
I can't see that changing. In the medium term, schools in emerging countries will rise in the rankings, especially if the FT continues to use PPP in such a blunt way. So, aim for quality schools with solid brands.
Because of public policy issues, the non-GMAT UK and Irish schools are especially affected by the lower demand for foreign labour under this government. Higher quality students at some better schools see salaries falling (Cambridge, Manchester, Cass, Warwick), and they start to substitute for the schools below. Employers can afford graduates from better schools, and the higher-quality brands suffer less. In contrast, Lancaster and UCD alumni reported a $10,000 fall in salary, for example, compared to a fall of just $2000 at Cranfield and hardly any fall at Durham.
I can't see that changing. In the medium term, schools in emerging countries will rise in the rankings, especially if the FT continues to use PPP in such a blunt way. So, aim for quality schools with solid brands.