Engineering graduates for industry - Royal Academy of Engineering
Engineering graduates for industry - Royal Academy of Engineering
Engineering graduates for industry - Royal Academy of Engineering
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Exemplar<br />
10.<br />
Understanding<br />
stakeholder<br />
needs<br />
Staff<br />
£k/yr<br />
74<br />
Space<br />
£k/yr<br />
London South Bank University<br />
Other<br />
£k/yr<br />
78<br />
Total<br />
£k/yr<br />
152<br />
Cost per<br />
participating<br />
student £<br />
£210<br />
Notes<br />
Costs <strong>for</strong> FTE engineering systems students. Staff costs <strong>for</strong><br />
involvement in or support <strong>of</strong> industrial liaison panels, foundation<br />
degrees, KTPs, work with pr<strong>of</strong>essional bodies excluding<br />
accreditation. This work is assumed to benefit all students in the<br />
Department <strong>of</strong> <strong>Engineering</strong> Systems.<br />
11. CEREB 316 65<br />
Loughborough University<br />
12. Industrial<br />
placements<br />
366<br />
747<br />
£996<br />
Costs <strong>for</strong> FTE students including direct costs to the university (staff, centre<br />
manager, technical support, publicity, materials, central services). The<br />
student number includes use by LSBU students and partner institutions.<br />
The cost/student could also be realistically reduced to ~£538, due to the<br />
facilities being used <strong>for</strong> income-generating activities as well as by<br />
students.<br />
190 380 570 £1,250 Costs <strong>for</strong> 456 placement students, including central service costs.<br />
Administration and visits to students on placements (two or three<br />
times/year) are a significant factor. Students obtain an average salary <strong>of</strong><br />
£15,000 on placement and <strong>industry</strong> pays a fee <strong>of</strong> £500 per student<br />
which is not included in the costing.<br />
13. Teaching<br />
Contract<br />
Scheme<br />
23 27 50 £215 These are costs above the normal teaching costs <strong>for</strong> FTE students,<br />
including central services and are net <strong>of</strong> <strong>industry</strong> fees. Most <strong>of</strong> the costs<br />
relate to additional staffing and administration costs. Other significant<br />
costs include project materials, travel, hospitality and publicity. Industry<br />
pays a fee to join the scheme.<br />
14. Sponsored<br />
degree<br />
programmes<br />
47 48 95 £100-<br />
£300<br />
The four different programmes all run with very different costing<br />
models. Costs given relate to the FTE students and are the impact <strong>of</strong><br />
the sponsorship - not to the total costs <strong>of</strong> the degree programme<br />
and include the cost <strong>of</strong> central services but are net <strong>of</strong> income from<br />
<strong>industry</strong>. Additional costs relate to recruiting, visiting and retaining<br />
companies, student interaction, materials and administration.<br />
Industry input can include a payment per student (£400 in one<br />
dept), materials <strong>for</strong> projects, bursaries (~£,1500), salaries on<br />
placement (~£15,000).<br />
15. engCETL 711 £237<br />
per FTE<br />
student<br />
Full costs, including senior academic and academic staff time,<br />
technician and other non-teaching staff plus premises charge.<br />
This is funded through the HEFCE CETL stream and internally by<br />
the university. Other income generated by externally sponsored<br />
project work, <strong>of</strong>ten not directly associated with students is<br />
excluded here. Many other students throughout the university<br />
use systems developed and supported by the engCETL so the<br />
cost per student could be considered slightly inflated.<br />
52 The <strong>Royal</strong> <strong>Academy</strong> <strong>of</strong> <strong>Engineering</strong>