Rewarding hard work
Ialca and English Australia sign agreement
Loyalist Group purchases King George International
English UK welcomes visitor visa study and starts CEO search
Moocs could threaten agents, says UK Minister
Cyprus launches language school association
News Round Up
StudyWorld welcomes Kurdish delegation
International graduate admission up in USA
ATC rebrands as Target English International
LSBF group acquires German school
Visa approvals signpost Australia's recovery
Bright World launches new 'blink' portal
Kaplan remains core to Washington Post Company
Oscars announces new location
Manchester school switches to IH
News in brief
Inside The Industry
On the move
Q&A Educator association: MEI
Industry issues- agents speak out
Q&A Advisor Association: EAQA
Agency of the month
Portuguese language courses
Rewarding hard work
by Bethan Norris, Senior Editor
Our news pages are chock-full this month with the latest on new developments in the industry. With so many events occurring at this time of the year it is a natural time for announcements of collaborative ventures, association news as well as the usual visa updates and analysis of student trends.
Particularly hot off the press this month is the news that US association of admissions counsellors, Nacac, has amended its Statement of Principals of Good Practice to officially endorse the use of overseas recruitment agencies on a commission basis. For those who have followed this debate for the last few years the decision will seem to have been born after a particularly drawn out gestation, so it is a relief that the debate is finally over and US colleges and universities can finally operate on a level playing field with other education providers throughout the world. It will be interesting to see how many colleges and universities will start using overseas agents for the first time or whether the practice will simply become more open in the future.
Another big news item in this issue is the announcement that venture capitalist firm The Loyalist Group in Canada has purchased King George International College (KGIC) from CIBT Education Group for US$13 million. The Loyalist Group featured in our recent Special Report on mergers and acquisitions in the industry as someone to watch in the future and this huge acquisition certainly places them among the major players in the study travel world. The sums of money involved are also worthy of mention as CIBT only bought KGIC in 2010 for US$4.3 million meaning that the group received nearly a US$10 million return in three-and-a-half years. Not a bad investment certainly!
We also profile some of the less well-known English language destinations, with the UK’s Midlands and Cyprus under the spotlight in our Regional Focus and Destination features this month. Cyprus’s warm climate makes it an ideal destination for students wanting to combine language learning with typical summer holiday activities and the launch of a new language school association in the country should increase its profile even more in the future.
And finally as a reward for all your hard work throughout the year, this issue brings you a report of one of the biggest events in the study travel calendar - the STM Star Awards! After all the hard work of getting ready for the awards, it was great fun to go through all the pictures and re-live the evening when putting together our Special Report of the event. If you were persuaded to don a disguise and have your picture taken in the photo booth this year, turn to page 44 to see if you can recognise yourself or other industry figures....! It certainly looks like you all had fun and we definitely did too.