An Austrian business school has severed ties with Harvard University “in solidarity with the Jewish student community”.

The Lauder Business School in Vienna, founded in 2003 by an heir to the Estee Lauder cosmetics company, made the decision “due to recent events”.

A statement from the college read: “Since 2014, Lauder Business School has proudly been an affiliate of Professor Michael Porter’s Microeconomics of Competitiveness Network at Harvard University, and we have valued and enjoyed the productivity of this cooperation over the years.

“However, due to recent events, Lauder Business School has decided to withdraw from this network.”

The school announced it would be “forming new partnerships that are more closely aligned with our core values and standards”.

It comes after Harvard president, Claudine Gay, told a Congressional hearing that calling for a Jewish genocide would not be punished on her campus.

Lauder Business School, which was founded by billionaire Ronald Lauder, incorporates Judaism into its curriculum and offers its Jewish students a place for spiritual development.

Its website states: “In addition, students at the Lauder Business School will have a chance to gain a deep knowledge of Judaism along with courses in liberal arts, creating a dynamic and electric environment.”

Lauder is also a donor to the University of Pennsylvania. In October, he threatened to cut off donations to the school over a rise in antisemitism.