Former New Order bassist Peter Hook has announced that Factory251, the music venue inside the former Factory Records office, will help launch a master's degree in Music Industry Management and Promotion alongside the University of Central Lancashire, reports The Guardian.

Former New Order bassist Peter Hook has announced that Factory251, the music venue inside the former Factory Records office, will help launch a master’s degree in Music Industry Management and Promotion alongside the University of Central Lancashire, reports The Guardian.

Hook, bassist in Joy Division and New Order, will also be a mentor on the course, offering advice based on his experiences of co-running notoriously financially-crippling Manchester venue, The Haçienda. Speaking of his involvement, he said, “I am excited to be involved in a project that’s going to offer genuine opportunities to help support the future of the British music industry.”

In 2009, Hook published a memoir on his time running the space entitled The Hacienda: How Not To Run A Club. He has previously been quoted as saying that it would have been cheaper for New Order to have handed everyone in the queue a tenner each and turned them away than to keep financing the venue.

Last week, the bassist also spoke about Joy Division’s single “Love Will Tear Us Apart“, after it was named NME’s greatest track of the last 60 years. He revealed:

“It still sends a shiver down my spine. Especially because I know the people involved. It masquerades as this cute little pop song, which is one of its delightful ironies. I would’ve hated it to be about me.”