Competition for students, Covid and the war in Ukraine have piled pressure on institutions
in Paris, said: “We are getting constant applications from Asia and particularly China, but we cannot send students there [for exchanges and placements]. The situation might open up next year but for now, with quarantine, it’s a real blocker for reciprocity.”
European schools nonetheless remain popular. “[They] provide a quality education for a fraction of the cost charged by leading business schools in the US,” said Eric Cornuel, president of the European Foundation for Management Development , which accredits institutions globally. The UK has continued to report relatively strong demand from international students, despite the turmoil since. Changes to the country’s visa regime and a drop in sterling’s value have mitigated the feared impact and underpinned applications from abroad.
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