Edtechreview.in is excited to announce that IU Group, a leader in delivering high-quality educational experiences through technology and innovation, has acquired the London Institute of Banking & Finance (LIBF). With this purchase, IU is committed to continuing LIBF’s strong heritage and long-standing history and tradition.
When it comes to creating an engaging learning environment, IU has been pioneering the use of technology and innovation to meet the changing needs of students. Utilizing this tried and tested approach, IU has now co-developed online degree programmes at LIBF as part of its multi-brand platform strategy. These programmes are focused on data and computer science, artificial intelligence and international business management – all of which are key skills needed in finance and business today.
Dr Sven Schuett, Chief Executive Officer of IU Group, commented on the acquisition: “We are excited to welcome LIBF to the IU family. As we continue to grow, we enter a new era with LIBF allowing us to continue building on our mission that everyone can access education to grow. Through LIBF’s expertise in the banking and finance world and IU as a leader in EdTech, we see great potential for creating synergies that afford students a top-rated and customisable education no matter where they live.”
Alex Fraser, Chief Executive Officer of LIBF, added: “This partnership represents an important evolution for LIBF and will allow us to make significant advancements for the future – bringing advantages and new opportunities to our students, members and staff as we look to extend our services around the world. It’s a fantastic opportunity for LIBF to partner with one of Europe’s most successful and technology-enabled education businesses.”
Since 2000, IU has been dedicated to giving as many people as possible worldwide access to personalised education. The University has been represented in over 30 German cities and has cooperated with more than 15,000 companies, actively supporting them in developing their employees. Partners include Motel One, VW Financial Services and Deutsche Bahn.
As teachers, we’re always looking for ways to make our students’ learning experiences as engaging and meaningful as possible. With IU’s acquisition of LIBF, we now have the opportunity to make use of their combined expertise in EdTech and their commitment to flexible online learning in order to provide our students with an education that is tailored to their individual needs.
