US for-profit education firm Kaplan has announced it is to teach University of London degrees.
The firm, an arm of The Washington Post Company, will provide undergraduate tuition in subjects including finance and accounting at its London business school. It will charge tuition fees of £8,500 a year.
The new courses will form part of the University of London's 'external system', under which other organisations teach the university's degrees. In his first speech as universities minister earlier this year, David Willetts praised the system as a model for opening up higher education to alternative providers.
Peter Houillon, Kaplan UK’s chief executive, said: “Kaplan Business School will provide students with an exceptional level of academic tuition and support and will take advantage of its established links with industry for career progression, opportunities for internship placements and career guidance.”
Kaplan already provides online degrees, accredited by the University of Essex.