The UK Border Agency has issued this 2 page document that gives more detail to the announcement on changes to the UK student visas.
It clarifies some issues which were unclear, at least to me, from reading the media reports.
Firstly, dependents of our MBAs will be allowed to work.
Secondly, our students will be able to switch to Tier 2 without being counted against the annual Tier 2 quota (“there will be no limit to such switchers”) and employers need not use the Resident labour market test. This is on condition that the student finds employment while he or she is in the UK and before their student visa expires.
What is very interesting is that the UK Government has now committed itself to devising a visa route for student entrepreneurs “with a great idea”. We will have to wait to see what the details are but this sounds very promising.