Amidst the other aspects of the privatisation of education (Marketisation, Academies, Free Schools, Apprenticeships, Tuition Fees etc.) you may have missed this aspect!
Pearson PLC is a FTSE 100 company worth nearly £10 billion with sales of £4.9 billion and a £720 million profit in 2014, whose best-known subsidiary is Britain’s largest exam board, Edexcel, which generates a a profit of £60 million a year.
Over the last five years Pearson PLC has aggressively expanded its control of Britain’s qualifications and assessment market.
Between 2008/09 and 2012/13 its share of the GCSE market increased from 21% to 30%
Its share of ‘other qualifications’ has increased from 5% to 28%
However, Pearson’s share of the smaller A level market decreased slightly from 25% to 23%.
Despite the shrinking in the A level market, taken together this means that Pearson PLC now sets the examination standards for almost 30% of qualifications undertaken in England, Wales and Northern Ireland (1).
NB – There is more expansion planned! In its 2014 annual report Pearson PLC clearly states a desire to further expand its role in the UK education further, by getting more involved in such areas as the development of blended and virtual schools (e.g. Connections Education); and schools improvement programmes (e.g. through the Pearson’s School Model), and the use of ICT is central to all of this (2), although to date progress in these other areas seems to have not been as rapid as with its takeover of the qualifications market.