london metropolitan university financial benchmarking project 2009/10 23rd march 2011
TRANSCRIPT
London Metropolitan University
Financial Benchmarking Project 2009/10
23rd March 2011
Agenda
Methodology
Summary
Results
Methodology
Tribal Functional Model
• 25% Teaching Administration
• 25% Research Support
• 20% Admissions
• 30% Purchasing
Mrs Jones was a Faculty Administrator for the whole year. Her role was split as follows:
Overall University
Associated Activities Capital & Financing Incomparable
Faculties
Teaching ActivityResearch &
Enterprise Activity
Support
Human Resources & Staff Training
Library Services
IT Services
Student Services
Registry Services
Finance
Marketing
Corporate Administration
Facilities
Estates
Principal Activities
Selection of Comparisons
University of London - BirkbeckUniversity of London - GoldsmithsKingston University LondonLondon Southbank UniversityMiddlesex UniversityThames Valley UniversityUniversity of East LondonUniversity of the Arts London
Anglia Ruskin University Nottingham Trent UniversityAston University University of ChesterBournemouth University University of East AngliaCoventry University University of EssexEdinburgh Napier University University of GlamorganGlasgow Caledonian University University of SalfordKeele University University of SussexOxford Brookes University of West of EnglandUniversity of Reading University of WorcesterRobert Gordon University University for the Creative ArtsSheffield Hallam University
London Group
Wider Group
Summary
Summary
Overall Teaching Income - £1.2m higher;
Overall Pay Costs - £0.2m higher;
Non-pay Costs - £1.7m lower.
Overall Income - £8.7m lower;
Pay costs - £3.6m higher;
£3.6m higher subsidy.
Overall Income - £13.1m lower;
Overall Costs - £11.7m lower;
Overall Contribution - £1.4m lower.
£2.5m lower net cost.
Teaching
Research & Enterprise
Associated Activities
Capital & Financing
Support Areas
Library - £0.5m lower;
IT Services - £1.0m lower;
Student Services - £1.9m higher;
Registry - £2.5m lower;
Finance - £0.3m higher;
HR & Staff Training – in-line;
Marketing - £0.7m lower;
Corporate Admin - £0.1m lower;
Facilities - £0.9m lower;
Estates - £4.7m higher.
2009/10 Results
Overall Financial Situation
9
Principal Activities includes Teaching, Research & Enterprise, Business Development, Library Services, IT Services, Student
Services, Registry, Finance, HR & Staff Training, Marketing, Corporate Administration,
Facilities & Estates.
Associated Activities includes Catering, Residences, Crèche, Nursery, Shops, Franchising /
Licensing, Students Union, Sports, Widening Participation, Other
Funding Council Grants, Lettings and Other Associated Activities.
Capital & Financing includes Inherited Liabilities, Interest
Income, Debt Servicing Charges, Depreciation and Bad Debts.
Incomparable includes, for example, sale of assets,
restructuring costs, FRS17 pensions, etc.
Principal Activities
Contribution £1.8 million
Capital & Financing
Net Cost £1.4 million
Associated Activities
Contribution £3.6 million
Incomparable
Net Cost £2.9 million
Principal Activities
TEACHING RESEARCH & ENTERPRISE
REGISTRY
MARKETING
ESTATES
FACILITIES
LIBRARY SERVICES
IT SERVICES
STUDENT SERVICES
ASSOCIATED ACTIVITIES
INCOMPARABLE ITEMS
FINANCE
HUMAN RESOURCES & STAFF TRAINING
CORPORATE ADMINISTRATION
CAPITAL & FINANCING
Principal Activities Year on Year
11
Principal Activities Detail
12
Compared to London Group: § Academic costs - £3.3m lower;§ Support costs - £4.2m higher;§ Pay costs - £1.9m lower;§ Non-pay costs - £2.8m higher; Hence surplus - £0.9m lower.
Teaching
TEACHING RESEARCH & ENTERPRISE
REGISTRY
MARKETING
ESTATES
FACILITIES
LIBRARY SERVICES
IT SERVICES
STUDENT SERVICES
ASSOCIATED ACTIVITIES
INCOMPARABLE ITEMS
FINANCE
HUMAN RESOURCES & STAFF TRAINING
CORPORATE ADMINISTRATION
CAPITAL & FINANCING
Teaching Contribution Year On Year
14
Teaching Contribution - £ per Weighted FTE Student
15
Compared to London Group: § Income - £1.2m higher, higher % Overseas Fees;§ Pay costs - £233,000 higher; Delivery – 11.4 FTEs higher, 2.0% higher av. pay levels; Support – 26.6 FTEs lower,7.6% lower av. pay levels;§ Non-pay costs - £1.7m lower; Hence contribution - £2.6m higher.
Research & Enterprise
TEACHING RESEARCH & ENTERPRISE
REGISTRY
MARKETING
ESTATES
FACILITIES
LIBRARY SERVICES
IT SERVICES
STUDENT SERVICES
ASSOCIATED ACTIVITIES
INCOMPARABLE ITEMS
FINANCE
HUMAN RESOURCES & STAFF TRAINING
CORPORATE ADMINISTRATION
CAPITAL & FINANCING
Research & Enterprise Activity Year On Year
17
Research & Enterprise Activity
18
Compared to London Group: § Volume of activity - £8.7m lower;§ Pay costs - £3.6m higher;§ Non-pay costs – in-line;§ Hence, subsidy - £3.6m higher.
Faculty Analysis - Teaching
Teaching Income per Weighted FTE Student
20
JCAMD ASD ASS LMBS COMP HALE LGIR LIFE0
1000
2000
3000
4000
5000
6000
7000
8000
Teaching Costs per Weighted FTE Student
21
JCAMD ASD ASS LMBS COMP HALE LGIR LIFE0
500
1000
1500
2000
2500
3000
3500
4000
Teaching Contribution %
22
JCAMD ASD ASS LMBS COMP HALE LGIR LIFE0
10
20
30
40
50
60
70
80
90
100
Support Services
TEACHING RESEARCH & ENTERPRISE
REGISTRY
MARKETING
ESTATES
FACILITIES
LIBRARY SERVICES
IT SERVICES
STUDENT SERVICES
ASSOCIATED ACTIVITIES
INCOMPARABLE ITEMS
FINANCE
HUMAN RESOURCES & STAFF TRAINING
CORPORATE ADMINISTRATION
CAPITAL & FINANCING
Support Costs – Year On Year
24
Support Costs
25
Library Services Costs Year On Year
26
Library Services Costs
27
Compared to London Group: § Overall costs - £497,000 lower;§ Pay costs - £409,000 lower, due to:§ Staff numbers – 7.8 FTEs lower;§ Pay levels – 4.4% lower;§ Non-pay costs - £143,000 lower;§ Income – £55,000 lower.
IT Services Costs Year On Year
28
IT Services Costs
29
Compared to London Group: § Overall costs - £980,000 lower;§ Pay costs - £479,000 higher, due to:§ Staff numbers – 18.9 FTEs higher;§ Pay levels – 7.5% lower;§ Non-pay costs - £1.5m lower;§ Income – £56,000 lower.
Student Services Costs Year On Year
30
Student Services Costs
31
Compared to London Group: § Overall costs - £1.9m higher;§ Pay costs - £397,000 higher, due to:§ Staff numbers – 10.7 FTEs higher;§ Pay levels – 2.1% lower;§ Non-pay costs - £1.1m higher;§ Income – £366,000 lower.
Registry Costs Year On Year
32
Registry Costs
33
Compared to London Group: § Overall costs - £2.5m lower;§ Pay costs - £2.0m lower, due to:§ Staff numbers – 39.4 FTEs lower;§ Pay levels – 8.8% lower;§ Non-pay costs - £461,000 lower;§ Income – £34,000 higher.
Finance Costs Year On Year
34
Finance Costs
35
Compared to London Group: § Overall costs - £266,000 higher;§ Pay costs - £44,000 higher, due to:§ Staff numbers – 4.5 FTEs higher;§ Pay levels – 5.2% lower;§ Non-pay costs - £174,000 higher;§ Income – £49,000 lower.
Human Resources & Staff Training Costs Year On Year
36
Human Resources & Staff Training Costs
37
Compared to London Group: § Overall costs - £60,000 higher;§ Pay costs - £535,000 higher, due to:§ Staff numbers – 9.4 FTEs higher;§ Pay levels – 3.4% higher;§ Non-pay costs - £477,000 lower;§ Income – in-line.
Marketing Costs Year On Year
38
Marketing Costs
39
Compared to London Group: § Overall costs - £702,000 lower;§ Pay costs - £167,000 lower, due to:§ Staff numbers – 6.1 FTEs lower;§ Pay levels – 3.1% higher;§ Non-pay costs - £552,000 lower;§ Income – £18,000 lower.
Corporate Administration Costs Year On Year
40
Corporate Administration Costs
41
Compared to London Group: § Overall costs - £113,000 lower;§ Pay costs - £636,000 lower, due to:§ Staff numbers – 12.4 FTEs lower;§ Pay levels – 12.5% higher;§ Non-pay costs - £501,000 higher;§ Income – £23,000 lower.
Facilities Costs Year On Year
42
Facilities Costs
43
Compared to London Group: § Overall costs - £908,000 lower;§ Pay costs - £188,000 lower, due to:§ Staff numbers – 5.1 FTEs lower;§ Pay levels – 4.8% lower;§ Non-pay costs - £633,000 lower;§ Income – £87,000 higher.
Estates Costs Year On Year
44
Estates Costs
45
Compared to Benchmark: § Overall costs - £4.7 m higher;§ Lower running costs per sqm;§ More sqm.
Owned Estates Costs
46
Owned Estates Non-Pay Costs
47
Associated Activities
TEACHING RESEARCH & ENTERPRISE
REGISTRY
MARKETING
ESTATES
FACILITIES
LIBRARY SERVICES
IT SERVICES
STUDENT SERVICES
ASSOCIATED ACTIVITIES
INCOMPARABLE ITEMS
FINANCE
HUMAN RESOURCES & STAFF TRAINING
CORPORATE ADMINISTRATION
CAPITAL & FINANCING
Associated Activities – Year On Year
49
Associated Activities - Volume
50
Compared to London Group: § Income - £13.1m lower;§ Costs - £11.7m lower;§ Hence, contribution £1.4m lower.
Associated Activities - Contribution
51
Capital & Financing
52
Compared to Benchmark: § £2.5m lower burden.
Summary
Summary
Overall Teaching Income - £1.2m higher;
Overall Pay Costs - £0.2m higher;
Non-pay Costs - £1.7m lower.
Overall Income - £8.7m lower;
Pay costs - £3.6m higher;
£3.6m higher subsidy.
Overall Income - £13.1m lower;
Overall Costs - £11.7m lower;
Overall Contribution - £1.4m lower.
£2.5m lower net cost.
Teaching
Research & Enterprise
Associated Activities
Capital & Financing
Support Areas
Library - £0.5m lower;
IT Services - £1.0m lower;
Student Services - £1.9m higher;
Registry - £2.5m lower;
Finance - £0.3m higher;
HR & Staff Training – in-line;
Marketing - £0.7m lower;
Corporate Admin - £0.1m lower;
Facilities - £0.9m lower;
Estates - £4.7m higher.
Support Areas – Cost Summary
Support Areas – Staff Numbers Summary
Support Areas – Average Pay Levels
Next Steps?