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This paper explores the use of risk assessment frameworks in higher education to assess the
risks associated with international expansion initiatives, specifically focusing on the
establishment of international branch campuses. The paper argues that borrowing risk
assessment frameworks from other disciplines, such as business, can be beneficial for higher
education institutions. It emphasizes the need for more research to develop risk
management models adapted for the higher education context.
The globalization of higher education presents challenges and opportunities for universities,
impacting their ability to attract faculty and students, conduct research, and generate
revenue. It highlights the impact of technological advances, economic globalization, and
increased mobility of people, leading to changes in societies and educational institutions.
The paper discusses the risks associated with internationalization, including the impact of
economic cycles on higher education funding, the potential for brain drain, and the
challenges of navigating cultural, political, and regulatory environments in the host country.
Furthermore, the paper emphasizes the importance of understanding and addressing risks
related to the academic quality, reputation, and financial sustainability of an international
branch campus. It recommends using risk analysis models borrowed from other disciplines
to guide decision-making in higher education internationalization initiatives.
In conclusion, the paper highlights the need for a comprehensive understanding of the risks
and challenges associated with international expansion and emphasizes the importance of
developing risk management models tailored for the higher education context. It provides a
framework for assessing and addressing the diverse risks inherent in establishing and
operating international branch campuses, highlighting the complexities involved in
international higher education endeavours.
Internationalization in the Higher Education Classroom: Local Policy Goals Put Into
Practice