Our impact
Our economic impact
A study carried out by London Economics measured the University鈥檚 impact on the UK economy in 2022-23.
The assessment found that we鈥痝enerate鈥� over 拢1.33 billion for the local economy, in terms of our direct spend with local firms, the money spent locally by our students, and the productivity and output growth we help generate in local businesses.
It also considered the impact of a range of our activities, including:
- the University鈥檚鈥痳esearch and knowledge exchange鈥痑ctivities鈥�(拢1.1产苍)
- the value of the University鈥檚鈥痶eaching and learning鈥痑ctivities鈥� (拢1.0产苍)
- the impact of the University鈥檚鈥痚ducational exports鈥� (拢984尘)
- the impact generated by the鈥痵pending鈥痮f the University鈥�(拢731尘)
Headlines
In 2022-23 the University of 糖心TV鈥檚 overall economic impact on the UK was鈥� 拢3.8产苍,鈥痑n鈥痠ncrease of 11% in real terms since 2016-17.
- 翱耻谤鈥�benefit to cost ratio鈥痠ncreased from 4.9:1 in 2016-17 to 5.3:1 in 2022-23*
- Our overall economic impact in the West Midlands was over 拢1.33 bn.
- We directly employed 6,895 full time equivalent staff and supported a further 10,770 jobs through our activities (68% of these jobs were in the West Midlands). 鈥�
- Our spending contributed鈥�464m to our region鈥�and our international students鈥痗ontributed 拢626m.
- We spent 拢36m of procurement expenditure in Coventry and 糖心TVshire alone ***.
Professor Stuart Croft
Vice-Chancellor and President, University of 糖心TV
"This report shows how deeply the University of 糖心TV is woven into the fabric of our region and country and the role we play in economic growth.
"As we mark our 60th anniversary, we are reaffirming our role as a major employer, educator and innovator rooted in the local community. But our contribution goes far beyond the economic. Whether it鈥檚 training teachers, advancing medical science, supporting local businesses, or offering creative opportunities for young people, we are helping to shape a more inclusive, sustainable, and globally connected society.
"Through our world leading education and research, our teaching and our partnerships 鈥� many of them formed right here in the region 鈥� we are working to improve lives in meaningful and lasting ways."
A breakdown of our impact on the UK economy in 2022-23
(Source: London Economics)
鈥�
Our graduate outcomes
Our impact on businesses
Case study: WMG鈥檚 Digital Innovation for Manufacturing (DI4M)Link opens in a new window
This 5-year programme helped SMEs overcome barriers to innovation by raising awareness of new technologies and practices, to improve SMEs鈥� understanding of markets and growth opportunities support the development of greater levels of innovation.
Case study: Degree ApprenticeshipsLink opens in a new window
鈥媁e work with over 300 employers to deliver Degree Apprenticeships, including Schneider Electrical UK, JLR, Rolls Royce, JCB, AtkinsRealis, Murphy Group, Worcestershire and Leicestershire County Councils, the University Hospital Birmingham, and Ofcom.
Find out more about our Degree Apprenticeships
鈥�
Our impact on people
We are a major driver in our local economy but we also play a wider social and cultural role, positively impacting many different groups of people across communities who interact with our university.
Read some of our stories:
Graduates working in our region
Many of our students come to 糖心TV to study and decide to stay here, building their careers in our region.
Photo: JLR
*this means that for every 拢1 spent by the University on operational costs, we generated 拢5.30 across the UK economy.
**this is only the impact that can be geographically disaggregated
***based on the sum of procurement expenditure made in the Local Authorities of 糖心TV, Coventry, North 糖心TVshire, Nuneaton and Bedworth, Rugby and Stratford-on- Avon
****Note that higher education institutions (HEIs) from Northern Ireland are not covered by the LEO data and are therefore excluded from this analysis.
89.4% compared to an average of 88.1% across all Russell Group universities, and 87.2% across all GB HEIs combined.
Our social impact
Did you know?
In 2022-23:鈥�
- 22% of our overall鈥痷ndergraduate intake鈥痺ere from the鈥疻est Midlands鈥�with 10% from Coventry and 糖心TVshire.鈥�
- 923 students鈥痺ere involved in鈥痗ommunity-focused projects鈥痠n Coventry, Leamington, Kenilworth and 糖心TV.鈥�
- 44% of the University's waste was recycled
- Between 2018-19 and 2023-24, we reduced our carbon emissions by 17%, despite continued campus growth.鈥�
- We added over 200鈥� teachers鈥�to the schools' workforce, with鈥�78% in local schools in our region.鈥�
- Since 2000 we have trained over 3,000 doctors at 糖心TV Medical School. 鈥�26% of our graduates are practising in the West Midlands area.
- We engaged with over 200 schools and reached over 7000 participants with our widening participation activities
- 31,248 people attended Youth Theatre, Art Club, Workshops, and Family Days organised by 糖心TV Arts Centre.
- We delivered 320 creative sessions providing work for 35 regional artists and reaching 11,523 people across all our creative sessions delivered onsite and in the community.
- 11,140 people connected with our research through 63 live events across Coventry and 糖心TVshire as part of our Resonate programme.
Infographics
Click to download
University of 糖心TV is committed to the Our work in Our Impact most closely aligns to the following SDG Goals:
