Transcript HEFCE Annual Meeting 2012

HEFCE Annual Meeting 2012
Alan Langlands
Royal College of Obstetricians and Gynaecologists
22 November 2012
Higher education and HEFCE
in 2011-12
• review of the year 2011-12
• strong foundations and the case for higher education
• what matters?
• going forward
• students at the heart of the system
Review of the year 2011-12
Strong foundations
• higher education: £59 billion output contribution to the UK
economy
• 82% overall student satisfaction rate
• UK accounts for 12% of the international student market
• UK research base second globally in excellence;
most efficient in the G8
• UK economy 8th in Global Competitiveness Index
• increase in HE/business knowledge exchange: 35% in 10 years
HEI sources of income (2008-9 to 2014-15)
140%
120%
Cumulative changes in income (real-terms)
100%
Funding council grants
80%
Overseas income
60%
40%
Tuition fees and education
contracts (home and EU)
20%
Research grants and contracts
0%
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
-20%
-40%
-60%
-80%
Data based on actual income for the period up to and including 2010-11 and forecast income for the period 2011-12 to 2014-15
Other operating income
HEI operating surpluses as a percentage of total
income (2010-11)
Operating surpluses as % of total income
20%
15%
10%
Sector average 4.6%
5%
0%
-5%
-10%
Institutions
Elevator challenge
Education
• quality assurance and enhancement
• improving access to information about higher education
• working with partners on strategically important and
vulnerable subjects and skills valued by employers
• targeting teaching funding for public benefit
Research
• sustaining the balance between curiosity driven research and
work targeted on national priorities
• dual support and QR
• investing in infrastructure and human capital
• long-term commitment of funding
• vibrant postgraduate and postdoctoral communities
• the Research Excellence Framework (REF)
Knowledge exchange
• for every £1 invested via the Higher Education Innovation Fund,
£6 of external income is generated
• £3 billion of ideas and services to business generated by HE in
2008-9
• CBI Education and Skills Survey 2010
Social mobility
• £1.1 billion investment in widening participation in 2012-13
• fair access
• the widening participation ‘life-cycle’
Economic growth
• government priority is ‘to achieve strong, sustainable and
balanced growth’
• HEIs have a unique role in supporting economic growth, sitting at
the intersection of education, research and knowledge exchange
• increasing recognition of the many and varied contributions that
HEIs make to the economy and society
• £50million HEFCE Catalyst Fund:
 enhance the economic anchor role of universities and colleges
within their localities
 stimulate undergraduate, postgraduate and post-doctoral
enterprise and work placements
 support innovation-led growth in key sectors
Policy themes
• a more diverse, dynamic and open system of undergraduate
education
• a continuing focus on fair access and widening participation
• a shared commitment to invest in postgraduate education
• sustained funding for science and research (including charity and
business support) and investment in the next generation of
researchers
• universities and colleges as key contributors to achieving strong,
sustainable and balanced economic growth
• a willingness to review progress and deal with the unintended
consequences of change
HEFCE and higher education reform
Regulatory building blocks
Quality
assurance
Quality assurance
Fair
access and
Fair access and
widening
widening
participation
participation
Dispute resolution
Information for
students
and
Information
citizens
-for
students
Dispute
resolution
-for citizens
Public expenditure controls and
financial sustainability
A new narrative
Students at the heart of the system
“Your ballet a colossal
success.
Would be even greater
success if you agree to
certain modifications in
instrumentation”
Broadway producer Billy Rose
“Your ballet a colossal success.
Would be even greater success
if you agree to certain
modifications in
instrumentation”
Broadway producer Billy Rose
“Quite content with
colossal success”
Igor Stravinsky
Thank you for listening
[email protected]