Universities in Global Competition: how well is the UK doing? Howard Davies Director - London School of Economics Harkness Fellowship Lecture Hong Kong Theatre 28 February, 2007

Shanghai Jiao Tong University World University Rankings, 2005 Top 50Top 500

The World’s Top 200 Universities, THES 6 October, 2006 Top 50Top 200

LSE’s performance in newspaper league tables The Guardian553 Sunday Times443 The Times444

Output of universities Research The production of citizens (cultured graduates) Employable graduates The university as a forum

The Global Competitiveness Index and higher education and training UK Source: World Economic Forum 2007

HE expenditure as a % of GDP – OECD countries OECD average = 1.4% Source: OECD Education at a Glance 2006

Expenditure per student (US$), 2003 Source: OECD

Public/Private expenditure, 2003 Source: OECD

Index of change in public funding per student ( ) (1995=100) Source: OECD, 2006

Percentage of all foreign tertiary students enrolled by destination Market Share (%) Source: OECD

Top six countries of destination for foreign students and their regional origin in 2001 United States United Kingdom GermanyFranceAustraliaJapan Africa29,677 6% 18,134 8% 19,394 10% 75,465 51% 3,837 4% 676 1% Asia294,230 62% 74,400 33% 67,658 34% 19,828 13% 77,849 73% 58,170 92% Europe69,607 15% 109,454 49% 100,359 50% 41,404 28% 12,763 12% 2,106 3% North America49,502 10% 18,564 8% 5,387 3% 5,242 4% 5,477 5% % Oceania4, % 1, % % % 6,534 6% % South America28,142 6% 2, % 4,265 2% 4,253 3% % 761 1% Source: OECD Education at a glance 2003May not equal 100% due to rounding

Market shares of English medium education Country% of world market share Australia6.3 Canada5.0 Ireland0.5 New Zealand2.6 UK11.3 US21.6 Total47.3

Demand for LSE Programmes by overseas students Source: LSE Data

International staff mobility UK i International staff mobility UK i mmigrants and emigrants by world region Immigrants from…. (% changes to in brackets) Emigrants to…. (% change to in brackets) EU 15 (not UK)1626 (20)1322 (71) US605 (-16)633 (25) Other overseas1440 (35)1127 (30) Source: HEPI, 2005

Nobel Prizes by country Source: The Sutton Trust, 2003

Share of research in universities, 2000 Source: OECD R&D database %

Student Completion rates, 2000

Percentage of graduates in graduate jobs Source: Graduate Prospects, 2004

Private internal rates of return for an individual obtaining a university-level degree CountryMales %Females % Belgium Denmark Finland Hungary Korea New Zealand Norway Sweden Switzerland UK US

Public lectures at LSE YearNo of eventsNo of attendees 2003/48223, /511733, /613733,600

Ten largest university endowments, by country Ten largest university endowments, by country

Universities in Global Competition: how well is the UK doing? Howard Davies Director - London School of Economics Harkness Fellowship Lecture Hong Kong Theatre 28 February, 2007