Welcome Staff Open meeting November 2008 Caroline Gipps Vice-Chancellor

Contents Challenging times: –Financial challenges and contract position –Progress and key successes

Financial Challenges We forecast a surplus but have recorded a deficit in 2007/08 (of £0.46m) –Pay modernisation costs –Higher payments to partner colleges –Increase in agent commissions for OS recruitment In 2008/09 we project an increase in income of £10.5m BUT our costs will also increase by £11.4m

Financial Challenges ELQ funding cuts mean a £1.9m loss in income –Although we have transitional funding arrangements, its impact rises over the next 5 years Cost of pay award in October 2008 (RPI 5%) –This has added a further £1.3m to our pay cost Pension contributions are expected to rise HESES audit/funding changes This year and later years, we will need to make savings to offset these costs/loss of income

Student Enrolment Undergraduate Dif FT Home / EU10,27110, PT Home/EU FT International Postgraduate FT Home/EU PT Home/EU FT International Total17,20618,

Student retention and progression Progression: UG year 1 to year 2: 68% (2006/7 = 64%) UG year 2 to year 3: 76% (2006/7 =74%) Repeat Year: UG year 118%(2006/7 = 17%) UG year 218%(2006/7 = 15%) UG year 321%(2006/7 = 18%)

Progress – NSS Overall satisfaction improved from 75% (2007) to 76% in 2008 but the national average is 82% –including a 90% satisfaction rating for Learning Resources and IT provision –Above national mean on Assessment and feedback –Most improved in the category of Organisation & Management

Progress – NSS We had disappointing results in the category The teaching on my course –Statements in this category include: Staff are good at explaining things Staff have made the subject interesting Staff are enthusiastic about what they are teaching The course is intellectually stimulating

Progress – Student Employability  Percentage of all respondents in employment (and/or further study/training) has risen this year from 89.9% to 91.8%  Substantial contribution to the local economy – 88.9% of all our employed leavers were working in the “West Midlands” Area.

Progress – other key projects  Timetable project  SMS to students on room cancellations  Improved web based reporting  Preparations underway to deliver personalised timetables by Sep 2009  Improving usage through hourly booking  Minimise student travel

Progress – other key projects  Re-focus the UG Curriculum  Stage 1 + 2: Audit and Diagnostic Analysis  Stage 3: Feasibility Proposals Submitted  Stage 4: Refocusing Implementation Plans

Some key successes  Set up CPD company – Intelligent Career Development, with new CEO, Kim White  Students’ Union  Awards  Excel Student Award  Dare to be Digital  Lloyds/TSB Jewel Award

Thank you & Questions?