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Vision of Our Heritage

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Vision of Our Heritage A vision of our heritage A SOCIAL AND ECONOMIC IMPACT REPORT A new assessment of the economical and social value generated by the University of Salford. Achieving impact through partnerships: exploring the economic, social, cultural and environmental impact of the University of Salford. 1 Professor Helen Marshall Introduction from the Vice-Chancellor.............................. 3 The University of Salford’s role in the region, both in terms of our economic contribution and our social impact, is something I personally take great pride in. Our roots in Salford and the Greater Manchester region go back to the Impact on jobs, output and GDP – the University........ 4 1800s, and our contribution to industry, improving opportunity, and living by our social justice values have always given us a distinct heritage and identity. Impact on jobs, output and GDP – Our national and global reach is ever stronger; we are recruiting students from every continent and fostering relationships and partnerships across the globe, additional impact of student expenditure....................... 5 meaning the impact we have continually grows. Overall impact on Salford and Greater Manchester..... 6 It is important that we have a clear understanding of the role we play and the impact we have, so we can continuously strive to strengthen our contribution. To that end, we commissioned a full external assessment of our economic, Partnerships that maximise impact.................................... 8 social, cultural and environmental impact with a primary focus on Salford, Greater Manchester and the North West. This assessment included our role as People in the community........................................................... 9 a large employer and as an economic force in Salford and Greater Manchester, generating social value, jobs and contributing to regional gross domestic product (GDP). Public space role of the University...................................... 9 The review considered economic value generation in its broadest sense, Student placements and work–based projects............. 9 reflecting on University achievements in terms of the positive social, cultural and environmental impact made. Therefore, as well as modelling the University’s financial flows and impact on jobs, output and GDP, the study People, places and potential.................................................... 10 explored broader aspects of the University of Salford’s actual and potential economic and social impact, including aspects of our civic role within Salford. Public art in the cultural campus.......................................... 11 The outcomes of the review are outlined in this report; they are a strong affirmation that industry collaboration and partnerships define our unique Working together for the greater good – contribution, whilst also demonstrating the significant impact we have on the 12 regional economy and that we remain firmly and passionately rooted in our the Castle Irwell flood basin................................................... local community. Dementia Associates and Our new strategy, with Industry Collaboration Zones (ICZs) at its heart, focuses on creating a 21st century version of our heritage. The ICZs will further community co-production........................................................ 13 strengthen and increase support for collaboration with local business, industry and public sector partners, building on our existing reputation and positive Implications and conclusions.................................................. 14 track-record that is identified and highlighted in this report. This review is the start of a process to fully understand the contribution we Annex.................................................................................................. 15 make to our city and our region. We will continue to work on how we can not only regularly assess this, but more importantly on how we can work with partners and key stakeholders to increase both our economic and social impact going forwards. 2 3 University impact on Impact on jobs, output and GDP – jobs, output and GDP additional impact of student expenditure Output generated by the University of Salford Students at University of Salford by domicile of Total University of Salford income in the 2013/14 - £415m origin 2013/14 Total 18,485 Students Total GVA (Gross Value Added) study year of 2013/14 generated by the University £179.6 MILLION Rest of North West Students £234.7 MILLION 16% City of Salford Rest of Greater 54% Manchester 23% Greater Manchester 2,325 staff employed Students Rest of Rest of UK (1,943 full time equivalent jobs) North West 50% 14% Students 18% £141 MILLION was generated in Salford city Rest of UK 9% Rest of 2,396 FTE Jobs generated by the University of Salford EU Students in Salford, including University staff 2013/14 - 4283 full-time equivalent 6% Rest of World Students £45.8 MILLION was generated in the rest of 10% Greater Manchester City of Salford Rest of Greater 56% Manchester 957 FTE 22% generated elsewhere in Greater Manchester As well as paying fees to the University, students also spend money on rent, food, entertainment, clothes, travel and other Rest of North West living expenses. 14% £29 MILLION Personal expenditure of Salford students generated over generated in the rest of the North West Rest of UK £180m of output, 1,543 FTE jobs in Greater Manchester and 8% 605 FTE generated just over £83m of Greater Manchester GVA in the rest of the North West GVA generated by the University of Salford £180m+ 2013/14 - £234.7m of output £18.9 MILLION 325 FTE generated in the rest of the UK City of Salford in the rest of the UK Rest of Greater 60% Manchester 1,543 FTE jobs in 20% Greater Manchester Rest of North West Direct GVA (contribution to GDP) 12% £119.3 MILLION Rest of UK £83m+ of Greater 8% Student Manchester GVA 4 5 Distribution of emloyment across Greater Manchester Total 4896 FTE jobs TRAFFORD 5% STOCKPORT 3% BOLTON 3% Manchester TAMESIDE 2% 22% WIGAN 2% OLDHAM 2% Rest of BURY 1% Salford ROCHDALE 1% 19% University Employment impact on Salford: 40% 59% 2882 Distribution of output across Greater Manchester including FTE jobs Total £498m University in total in employment Salford TRAFFORD £25m STOCKPORT £15m BOLTON £15m Manchester TAMESIDE £10m £120m Distribution of GVA generated across Greater Manchester WIGAN £10m Total £270m BURY £10m Salford £279m TRAFFORD £10.8m STOCKPORT £8.1m BOLTON £8.1m Manchester Taking the University and its students together, WIGAN £5.4m £48.6m the impact on Greater Manchester came to: OLDHAM £5.4m BURY £2.7m Rest of ROCHDALE £2.7m Salford £498m 4,896 £270m TAMESIDE £2.7m of output £48.6m FTE jobs GVA generated University £119m £270m of GVA generated in Greater Manchester 6 7 Our people in the community University of Salford staff are engaged in wider ‘non-commercial’ interactions, generating additional economic value by such activity. The most recently published data on business-university interaction has shown Overall estimated economic value the University of Salford to have more active links in the form of consultancy of University of Salford staff external engagement and public contracts with Small and Medium-Sized Enterprises (SMEs) than any other service activity 238,052 university in Greater Manchester. It also delivers more consultancy to non-SME estimated annual hours commercial companies and to non-commercial organisations than all the other Greater Manchester universities combined. Business & Community Services - numbers of consultancy £15.8 million Value generated (shadow-priced) contracts held by Greater Manchester universities 2014/15 149 Contracts with 75 non-commercial organisations 48 ■ The University of Salford Educational and social value of ■ The University of Manchester Estimated economic 276 ■ The University Metropolitan University public cultural, educational and Contracts value generation of 118 ■ The University of Bolton with non-SME outreach events nearly businesses 19 Estimated value of centrally recorded public engagement events including public lectures, performance arts (music, £815K 1147 dance, drama, etc.), exhibitions, outreach and widening Contracts with 66 participation events, health focused community events SMEs 148 and other cultural activities. 0 200 400 600 800 1000 1200 Student placements and work–based projects The University of Salford was one of the first UK institutions to offer 1949 ‘sandwich’ courses, introducing the first sandwich diploma course, The University of Salford introduces Industry Collaboration Zones in partnership with a major electrical engineering firm, in 1949. the first sandwich diploma course Today, 55% of all undergraduate courses have a placement as a ‘core’ element of the curriculum (22% of postgraduate courses) 1970 with work placement and project opportunities being offered as an Engineering & Digital & The development of the new Industry health, social and environmental issues Environments Creative Collaboration Zones (ICZs) is building to create solutions and to generate option across many other courses. Some courses have an integral 1980 on a long-standing tradition of impact. ‘work-based’ project as a formal credit-bearing module. collaborative working. Through Placement opportunities and practical work-based projects can 1990 the creation of ICZs, the University By establishing a framework and a have a high personal development value for individual students and is encouraging the creation and supporting institutional infrastructure,
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