A leading Spanish university has acquired a New York campus and the right to grant US degrees, paving the way for it to offer masters’ programmes on business and sustainability as it takes on the competitive educational marketplace of the US financial capital.
Globally China is falling behind India as the largest exporter of students, and while the US still takes the largest share, it has been losing ground to the UK, Canada and Australia. IE is acquiring the New York campus and accreditation at no cost from the UK’s Glasgow Caledonian University, which sought to offer degrees in the city from 2013 but struggled to gain accreditation and to recruit sufficient students to make them viable.