ECIS 2014 LEADERSHIP CONFERENCE “Inspiring Education”

1. ECIS 2014 LEADERSHIP CONFERENCE“Inspiring Education” Investments and Cash Management Business Managers Strand Discussion Saturday 26 April 2014 12.00-13.00 Facilitator: Ian Forster The Anglo-American School of Moscow and St. Petersburg

2. This school year there are;□ 6,734 international schoolswith□ 3.4 million students□ 316,000 staff□ Annual fee income $34 billionand it is growing all the time ■□ Market Growth This number has doubled in the last ten years and will double again in the next 10 years Figures courtesy of ISC Research

3. ■□ Trends There has been an; Increase in the number of local national students Increase in schools run for profit Increase in groups of schools It is estimated by 2020 that there will be; 12,000 international schools (6,734 in 2013) 5 million students (3.4 million 2013) $50 billion fee income (36 billion 2013) Figures courtesy of ICS Research

4. ■□ Frightening ICS projection By 2020 – in 6 years – we will need to recruit 200,000 additional teachers……………..

5. ■□ Data from schools surveyed: cash reserve overdraft facility borrowing Investment policy

6. ■□ Does the school have capital borrowing? 41.67%

7. ■□ Does the school operate an overdraft facility? 83.33%

8. ■□ Does the school have a reserve(s)?

9. ■□ Does the school have an investment policy?

10. ■□ Issues • low interest rates • management charges • element of risk

11. ■□ Do you have funds placed in:

12. ■□ Cash solutions Current accounts Instant access deposit accounts Fixed Term deposit accounts Fiduciary deposits accounts Money market

13. ■□ Structured Products • Capital protected • Bonds • Managed funds