Get a job or get (some of) your fees refunded

Undergraduates studying at a private business school have been offered a partial refund of their tuition fees if they fail to land a job within six months of graduation.

August 25, 2011

Students at the London School of Business and Finance will be "guaranteed" a graduate-level, full-time position if they gain at least a 2:2 in a new BA course costing up to £9,950 a year.

Any qualifying graduate of the Trium programme who fails to secure a job will be given £2,500 under the cashback scheme - about 8 per cent of their total tuition fees.

The private provider, which has 16,000 students at its four UK campuses, said students would do an internship during the course to boost their employability and would receive intensive career support throughout their studies.

Several blue-chip firms had also agreed to employ students, who will study financial services, international business, marketing or accounting.

Valery Kisilevsky, group managing director, said strong links with business had enabled the college to offer the refund, which may be a sign of things to come as competition for students hots up between publicly funded and private institutions.

"We have just signed an agreement with Accenture for 240 placements for our graduates," Mr Kisilevsky said. "We have arrangements with many businesses and have combined our careers service and corporate department.

"There are about 2 million graduates struggling to find jobs. It's not the quality of the degree or education that is the problem, but they are lacking certain skills. Having language skills and work experience are key aspects that will add to the undergraduate programme."

The deal is believed to be the first to make a cashback payment available for a three-year undergraduate degree in the UK. Students will also be given an iPad 2 as part of the degree, with most course materials provided digitally.

The college's programmes are validated by partners including the Grenoble Graduate School of Business, the University of Wales, the University of Bradford and the University of Central Lancashire.

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Featured Jobs

Assistant Recruitment - Human Resources Office

University Of Nottingham Ningbo China

Outreach Officer

Gsm London

Professorship in Geomatics

Norwegian University Of Science & Technology -ntnu

Professor of European History

Newcastle University

Head of Department

University Of Chichester
See all jobs

Most Commented

men in office with feet on desk. Vintage

Three-quarters of respondents are dissatisfied with the people running their institutions

students use laptops

Researchers say students who use computers score half a grade lower than those who write notes

Canal houses, Amsterdam, Netherlands

All three of England’s for-profit universities owned in Netherlands

Mitch Blunt illustration (23 March 2017)

Without more conservative perspectives in the academy, lawmakers will increasingly ignore and potentially defund social science, says Musa al-Gharbi

sitting by statue

Institutions told they have a ‘culture of excluding postgraduates’ in wake of damning study