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HEFCE Annual Meeting 2012
Royal College of Obstetricians and Gynaecologists22 November 2012
Alan Langlands
• 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
Higher education and HEFCE in 2011-12
Review of the year 2011-12
• 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
Strong foundations
HEI sources of income (2008-9 to 2014-15)
-80%
-60%
-40%
-20%
0%
20%
40%
60%
80%
100%
120%
140%
2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
Cum
ulati
ve ch
ange
s in i
ncom
e (re
al-t
erm
s)
Funding council grants
Overseas income
Tuition fees and education contracts (home and EU)
Research grants and contracts
Other operating income
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
HEI operating surpluses as a percentage of total income (2010-11)
-10%
-5%
0%
5%
10%
15%
20%
Ope
rati
ng s
urpl
uses
as
% o
f to
tal i
ncom
e
Institutions
Sector average 4.6%
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
• 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)
Research
• 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
Knowledge exchange
• £1.1 billion investment in widening participation in 2012-13
• fair access
• the widening participation ‘life-cycle’
Social mobility
• 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
Economic growth
• 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
Policy themes
HEFCE and higher education reform
Regulatory building blocks
Quality assurance Fair access and
widening participation
Dispute resolution
Information-for students-for citizens
Public expenditure controls and financial sustainability
Fair access and widening
participationQuality assurance
Dispute resolutionInformation for
students and citizens
A new narrative
Students at the heart of the system
Broadway producer Billy Rose
“Your ballet a colossal success. Would be even greater success if you agree to certain modifications in instrumentation”
“Your ballet a colossal success. Would be even greater success if you agree to certain modifications in instrumentation”
Broadway producer Billy Rose
Igor Stravinsky
“Your ballet a colossal success. Would be even greater success if you agree to certain modifications in instrumentation”
“Your ballet a colossal success. Would be even greater success if you agree to certain modifications in instrumentation”
“Quite content with colossal success” “Quite content with colossal success”
Thank you for [email protected]
