Pearson will next month launch a higher education college that will start directly delivering undergraduate degrees to students in the UK, making it the first FTSE 100 company to enter the higher education market, reports The Financial Times.

The education company, which also owns the Financial Times, has announced the first course will be a BSc in business and enterprise. “Pearson College” will teach students at the company’s headquarters in London and at its Manchester offices.

This marks a change for Pearson. It has been public about its desire to enter the British higher education market since 2010, but it had previously planned to validate degrees, acting as a higher education exam board rather than a college. Explaining the change, Roxanne Stockwell, managing director of Pearson College, said: “As we did more research into it … where we think we can add the most value is in designing and delivering for our own students.”

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