IFSL continues to promote UK expertise in financial services’ education and training. Professional institutions with combined membership exceeding 950,000 cover a range of disciplines in financial and professional services including banking, insurance, capital markets, accountancy, legal services and dispute resolution.
UK providers of education, training and accreditation are well placed to equip professionals with skills and qualifications that are internationally mobile.
Recently published IFSL’s report on Financial Services Education and Training proves growing scale of world recognition for UK professional institutions. In tertiary education, international students in the UK have risen by 52% since 2000 to reach a record 351,000 in 2006/07, out of a total 2.29 million students engaged in UK degree courses. Universities around the UK attract 12% of the 2.7 million students worldwide studying for a degree in a foreign country, with only the US a more popular destination. Other key providers of training include specialist training firms, the London Stock Exchange, derivatives exchanges in London, and trade associations.
IFSL plans to promote financial literacy over the coming year in partnership with the Lord Mayor Alderman Ian Luder’s initiative. According to the report it will serve incentive for the promotion of the City of London as a centre of excellence for professional education, training and qualifications.
UKTI is delighted to see this IFSL report supporting what we’ve believed for a long time the UK is top of the class when it comes to providing professional and financial education, says Andrew Cahn, chief executive, UK Trade & Investment.
“To promote our internationally recognised financial and professional services training programs around the world UKTI regularly works with the British Council, UK training organisations and through our network of trade & investment officers based overseas. This research can only help.
L.D.