No surprise here, I hope, that the early Brexit results appear, anecdotally at least, to be favoring mainland Europe business schools. Spain’s IESE has increased its class size 22% this year and HEC Paris expects to see more applicants this year. The Netherlands’ Nyenrode also expects to see more applications and no longer includes London as an experiential learning destination. The overall consensus is that if businesses leave London, the UK schools will look even less attractive for job placement. Finally, there is concern UK b-school faculty could lose access to EU research funding and might be prime targets of mainland Europe business schools.
Of course, the final chapter has yet to be written and the long-term consequences of Brexit remain unknown so stay tuned.