Ungated Post | 02 Nov 2015
The economic impact of The University of Nottingham
Oxford Economics was commissioned by The University of Nottingham to produce a report to gauge its social and economic impact on the local, regional and national economies. The report is focused on activity generated by and through the University’s four primary UK campuses, located in and around Nottingham and also staff/students at the University Hospital sites.
In 2013/14, the University supported nearly 18,000 jobs in the UK, of which 16,000 in the East Midlands and 14,000 in the Nottingham urban area.
Besides the economic activity supported, the University contributes to supply talent to the local workforce. Many of the students the University attracts to Nottingham and the East Midlands remain in the locality after graduation, swelling the supply of skilled labour. Six months after graduation, a third of the 2013/14 graduating class who had found employment were working in the region. Ten years after graduating, 16% of the alumni are working in Nottingham.
The role of the University as a provider of facilities and support to the local community is also explored. The University works to widen participation in higher education, providing opportunities to all. Moreover, students and members of staff at The University of Nottingham are keen volunteers, either to enhance student life through the activities of the Student’s Union, or to support local community organisations. The University is also a major contributor to the cultural life of the city frequently working in partnership with other cultural agencies and the City Council to welcome the general public on to campus.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services
Post
Generating ROI with AI: Six capabilities that drive world-class results
Generative AI has taken the business world by storm, with large language models (LLMs)—including OpenAI’s ChatGPT—splashed across the news. And executives aren’t immune to the hype. AI is becoming an ever-larger component of IT budgets, with worldwide spending on AI-centric systems expected to hit $154 billion this year—up 27% over 2022. But will enterprises spend these resources wisely? Our research says yes—if organizations take a disciplined approach.
Find Out More
Post
Deep Green
A global research study that details the current state of play on environmental sustainability actions and how data, technology and collaboration will drive the next phase of sustainability in business.
Find Out More
Post
Leveraging Technology to Promote Financial Inclusion
Oxford Economics and Red Hat surveyed executives at financial institutions internationally to discover how they are using technology to expand financial inclusion while gaining business benefits.
Find Out More