Industry Analysis & Industry Trends
Universities provide teaching and facilities that lead to qualifications such as bachelor's degrees, foundation degrees, master's degrees and higher education diplomas. The Universities industry has undergone a period of substantial change over the past five years. Constraints on the government's budget led to cuts in funding, and universities are now relying increasingly on tuition fees and external research grants for their income as a result. Funding from bodies, such as research councils and charities, comprise the bulk of income for most universities.
Universities have managed to keep their heads above water over the past five years, despite government funding cuts... purchase to read more
Industry Report - Industry Investment Chapter
The Universities industry has a low level of capital intensity. The training and teaching provided by professors and lecturers typically adds the most value to the service provided and the qualification obtained by students. These employees are skilled in their respective teaching areas and often command a higher wage rate. Universities also employ non-academic staff, including administrative staff, finance administrators, caretakers, librarians, and security staff. Wages are estimated to account for 51.6% of industry revenue in 2015-16. Many universities have taken on more staff in recent years as part of expansionary programmes and efforts to justify higher tuition fees. Manchester University employed 23.8% more academic teaching staff in 2014 than in the previous year. Adm.. purchase to read more