Editing Open University (section)

== Organisation and administration ==

=== Staff ===
[[File:Walton Hall at Open University Campus in Milton Keynes, spring 2013 (2).JPG|thumb|[[Walton Hall, Milton Keynes|Walton Hall]] manor house, the vice-chancellor's office and the second-oldest building on the OU Campus]]
The majority of staff are part-time associate lecturers and, as of the 2021–22 academic year, almost 5,000 work for the OU.<ref name="renamed100"/> There are also 1,427 (mostly full-time) salaried academic employees (central academics based at Walton Hall and staff tutors based in a variety of regional locations) who are research active and responsible for the production and presentation of teaching materials, 2,502 who are academic-related and 1,905 support staff (including secretaries and technicians).<ref name="renamed100"/> Salaries are the OU's main cost—over £598 million for the 2021–22 academic year.<ref name="renamed100"/> In 2010 the OU became one of the ''Sunday Times''{{'}} Best Places to Work in the Public Sector.

==== Credit union ====
Open University Employees Credit Union is a savings and loans [[co-operative]] established by the university for staff in 1994. A member of the [[Association of British Credit Unions]],<ref>{{cite web |url=http://www.abcul.org/about/abcul-credit-unions |title=Credit unions in membership of ABCUL |archiveurl=https://web.archive.org/web/20150103045521/http://www.abcul.org/about/abcul-credit-unions |archivedate=3 January 2015 |website=Association of British Credit Unions |access-date=1 November 2014}}</ref> it is authorised by the [[Prudential Regulation Authority (United Kingdom)|Prudential Regulation Authority]] and regulated by the [[Financial Conduct Authority]] and the PRA. Ultimately, like the banks and building societies, members’ savings are protected against business failure by the [[Financial Services Compensation Scheme]].<ref>[http://www.fscs.org.uk/uploaded_files/Publications/Brochures/Credit_Union_Guide.pdf Credit Union Guide] Financial Services Compensation Scheme (retrieved 2 April 2015)</ref>

=== Academic divisions ===
==== Faculties ====
In 2016, the university reorganised its departments and now operates with the Faculty of Arts & Social Sciences (FASS); the Faculty of Business and Law (FBL); the Faculty of Science, Technology, Engineering and Mathematics (STEM); and the Faculty of Wellbeing, Education and Language Studies (WELS). It also runs Open and Access programmes via PVC-Students, and programmes from the Institute of Educational Technology (IET) via WELS.

==== Business school ====
In 1982, Open University offered a course titled, "The Effective Manager", developed by a team that was led by [[Charles Handy]]. After the reported success of the course, [[Derek S. Pugh]] proposed the establishment of a business school. In 1988, the Open University Business School (OUBS) was founded by the Faculty of Management department, for which professor [[Andrew Thomson (academic)|Andrew Thomson]] was appointed to head. Thomson's main goal was the offering of an MBA programme, which was eventually funded through a grant from the DES. In 1989, the first class of MBA students were enrolled.<ref>{{Cite book |last=Williams |first=Allan P. O. |title=The History of UK Business and Management Education |date=2010-09-06 |publisher=Emerald Group Publishing Limited |isbn=9781849507806 |location=United Kingdom |pages=104–105}}</ref>

The Open University Business School is accredited by the international accrediting bodies [[AACSB]],<ref>{{Cite web |title=DataDirect – General |url=https://datadirect.aacsb.edu/public/profiles/profile.cfm?interstitialComplete=1&runReport=1&unitid=55114&userType=All |access-date=2018-08-01 |website=datadirect.aacsb.edu}}</ref> [[Association of MBAs|AMBA]],<ref>{{Cite web |title=Business school detail – Association of MBAs |url=https://www.mbaworld.com/business-schools/business-school-search/business-school-detail/uk-open-university-business-school |access-date=2018-08-01 |website=Association of MBAs |language=en |archive-date=1 August 2018 |archive-url=https://web.archive.org/web/20180801094411/https://www.mbaworld.com/business-schools/business-school-search/business-school-detail/uk-open-university-business-school |url-status=dead }}</ref> and [[EQUIS]],<ref>{{Cite web |last=Pergoot |first=Nick |title=EQUIS Accredited Schools |url=http://www.efmd.org/accreditation-main/equis/accredited-schools |url-status=dead |archive-url=https://web.archive.org/web/20180223171330/http://www.efmd.org/accreditation-main/equis/accredited-schools |archive-date=23 February 2018 |access-date=2018-08-01 |website=European Foundation for Management Development |language=en-gb}}</ref> known as [[Triple accreditation#UK|triple accreditation]].<ref>{{Cite news |last=Hoare |first=Stephen |date=2010-07-20 |title=MBA business schools: Home or abroad: where to study |url=https://www.theguardian.com/education/2010/jul/20/mba-business-schools |access-date=2018-08-03 |work=The Guardian |language=en}}</ref><ref>{{Cite news |date=2016-02-11 |title=Here's Everything You Need To Know About Part Time Study |language=en-GB |work=HuffPost UK |url=https://www.huffingtonpost.co.uk/2016/02/11/dispelling-the-myths-around-open-university_n_9131220.html?guccounter=1&guce_referrer_us=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_cs=Um6RsmLY-0tR6F6psQkTLA |access-date=2018-08-03}}</ref><ref>{{Cite web|title=The Open University|url=https://business-school.open.ac.uk/news/we%E2%80%99ve-retained-our-prestigious-triple-accreditation|access-date=2021-09-06|website=business-school.open.ac.uk|language=en}}</ref>

Some selected rankings:

* The OU Business School's MBA programme was ranked 13th in the ''[[Financial Times]]''’ global rankings of online and distance learning MBA providers which featured five [[European schools]], four of which were in the UK.<ref>{{Cite web|title=Business school rankings from the Financial Times – Online MBA Ranking 2014 – =Rankings.ft.com|url=http://rankings.ft.com/businessschoolrankings/online-mba-ranking-2014|access-date=2014-04-10}}</ref>
* Ranked fifth in the Global Online MBA Rankings by CEO Magazine and 1st for UK institutions (2019)<ref>{{Cite web|url=https://ceo-mag.com/wp-content/uploads/2020/03/2019-Global-MBA-Rankings.pdf|title=Global MBA Rankings}}</ref>
* Ranked sixth in the world for the QS Distance Online MBA Rankings (2016)<ref>{{Cite web|title=QS Distance Online MBA Rankings 2016|url=https://www.topmba.com/mba-rankings/online-mba-rankings/2016|access-date=2021-04-08|website=TopMBA.com|language=en}}</ref>

===Singapore Institute of Management Open University Centre===
From 1992 to 2005, the [[Singapore Institute of Management]] (SIM) ran the Open University Degree Programme (OUDP), in collaboration with The Open University, United Kingdom (OUUK), which was renamed the Singapore Institute of Management's Open University Centre (SIM-OUC) as one of SIM's autonomous entity. In 2005, after SIM formed [[SIM University]] (UniSIM), it took over SIM-OUC students and granted those who graduated in 2006 a choice between a UniSIM or OUUK degree.<ref name="SIM-OUC">{{Cite news |title=SIM Open University Centre Keeps Up The Numbers For Eighth Year Running |work=SUSS |url=http://www.suss.edu.sg/Happenings/newsrelease/Pages/MR2005-4.aspx |access-date=14 April 2017}}</ref>