1. Going for growth Feedback to Heads of Unit Forum Wednesday 16 th October 2013 Richard Dale Executive Director of Finance and Programme Lead 1

2. Context 2012-13 performance was good: strong I&E and balance sheet Healthy outlook for 2013-14 and good forecasts for later years Student recruitment excellent Research income back on track Opportune moment to look at size and shape  Thriving in the new dispensation  Strong cash balances  Emerging evidence of capacity constraints  Weak income growth in recent years 2

3. The case for growth There is a correlation between reputation and size We have been losing market share We need to be larger to be cost effective Impact on the local economy And why not? We are a popular choice for students We have freehold development land We have lots of cash and capacity to borrow 3

4. RG ranking vs income

5. RG research GPA vs income

6. Total income 2001 – 2012 (2001-02 = 100) 6 Overall position in Russell Group: 14 th in 2001-02, 18 th in 2011-12 Research income in Russell Group: 16 th in 2001-02, 17 th in 2011-12

7. What we won’t be doing … We won’t sacrifice quality for quantity: academic excellence and student experience remain paramount We won’t sacrifice our commitment to research led teaching We won’t take our eye off the ball from existing commitments including “Raising the Bar” and responding to this year’s growth in student intake And we won’t undertake any new projects without sufficient staff - academic, support and project management - to ensure their success. 7

8. 2013-14 Student projections (FTE) 2012-132013-14Growth UGHome – new3,8834,360+ 12% Home – continuing9,1099,368+ 3% International1,5781,955+ 24% Sub-total14,57015,683+ 8% PGTHome1,0841,258+ 16% International1,7141,996+ 13% Sub-total2,7983,254+ 16% PGRHome1,008940- 7% International569595+ 5% Sub-total1,5771,535- 3% Sub-total18,94520,472+ 8% Taught overseas699993+ 42% Total19,64421,465+ 9%

9. The story so far … EB mini away day 25 th May Presentation to lay members of Council17 th June Follow up EB discussion4 th July Creation of “long list”July/August EB away day23 rd September Initiation of programme management October Feedback to heads of unit16 th October Initial feedback to Council28 th October Creation of SIG November Initial feedback to Senate26 th November Further discussions at Senate/CouncilTBA 9

10. The initial project list New degrees Sports and exercise science (CD) Physics (SH) IMP (CH) LSCM (CH/SH) Media/Culture Lab (CH) Strategic developments MOOC’s (SC) Engineering curriculum (SH) Xiamen (ER/CH) London (ACS) INTO NUMed (ACS) Science Central (SH) Innovation (NW) US MBBS provision (CD) Philanthropy (CD/AK) 10

11. Questions to address Do the proposals enhance quality and reputation? Do the proposals maintain a strong teaching/research balance? Are the proposals realistically achievable? Are the proposals worth the effort? Will the proposals be financially sustainable in the long term? Do we have capacity to deliver? –Quality of school/institute leadership –Project management capacity –Estate and infrastructure capacity –Academic capacity 11

12. Next steps Request for input via NU Connections and directly Initial feedback to Senior Officers Group, Heads of Unit Forum, Council and Senate Creation of Special Interest Group (SIG) Creation of programme management processes and governance Identify and implement quick wins to address resource issues arising from this year’s growth Deep dive to create business and academic cases for initial project list Report back to Council and Senate early next year – an ideal topic for the next joint meeting? 12