§ LORD ECCLESasked Her Majesty's Government:
Whether, in view of the importance of developing management education, steps are being taken to encourage these studies in the universities.
§ THE LORD PRESIDENT OF THE COUNCIL AND MINISTER FOR SCIENCE (VISCOUNT HAILSHAM)Developments in management studies are already taking place in a large number of universities. In conjunction with the Foundation for Management Education the University Grants Committee have examined proposals for a further major development of these studies, and nine university institutions are to be given special financial help to enable them to expand their activities in this field. The cost of these developments, which is expected to rise to about £100,000 a year by 1966–67, will be shared between the Foundation and the Government. Provision for the Government's share was included in the additional recurrent grants to universities which were announced on the 9th May. The Foundation and the Government are also proposing to give help on similar lines to a College of Advanced Technology and another leading Technical College in the development of management studies. The 547WA Government regard the development of management studies as of great importance and they welcome the cooperation of industry in these developments.