impact forecasting analysis — summary · benefits · packages · background

We show people that

Your University is Important.

Demonstrate the local impact of your institution using future impact analysis.

Our impact forecasting analysis draws on HESA, UKRI and ONS data to show the future impact of your institution, from the value of regeneration projects to the number of key workers. Universities have used this analysis to demonstrate their local impact as part of Civic University Agreements, and to shape their contribution to the levelling up agenda.Our work in this area formed the centrepiece of Universities UK’s #GettingResults campaign, showcasing the key role UK universities will play in the economic and social recovery from the pandemic. The campaign reached over 10 million social media users, and politicians across the UK have shown their support. We’re now excited to offer this research to individual institutions, or groups of universities. Read the original report here (PDF, 2.7mb).

We will provide an impact forecast which is:- Comprehensive: based on 42 indicators drawing on up to six years of statistics data and several hundred thousand data points.
- Useful: demonstrate the importance of your local and civic role to the public and regional stakeholders in an easy-to-understand format. Identify strengths and weaknesses in this vital policy area.
- Customisable: we will work with you to personalise the analysis. Extra data sources and case studies can be incorporated. PDF reports can be designed to match your house style, including logos, fonts, and colours.
- Insightful: how do you compare to the average for your region? Has your impact been growing or shrinking over time? We’ll provide a commentary to match the data (which you’re free to publish or use for internal analysis).
- Independent and transparent: we only use the latest open-access datasets from HESA, UKRI and the ONS. We provide a full methodology, and can host this together with the data in an online repository (here’s an example).
- Speedy: an analysis of future impact can usually be completed within 10 days.

63% of higher education leaders think their university needs significant changes to adapt to the civic university and local growth agenda.

Contact James Ransom to learn more: james.ransom.16@ucl.ac.uk.

Packages

EssentialAll applicable data tables for your institution in CSV, Microsoft Word and Microsoft Excel formats, including projections over 1 year, 18 month, 2 year and 5 year horizons where available. Use the data for your own analysis or to include in your own publications. See the full list of tables.
FullEverything from the Essential package, plus a designed PDF report in your house style with commentary and a HTML version for easy publishing as a webpage. We’ll also provide an analysis of how you compare to your region, and highlight key trends and findings to showcase. We can host an online repository of the methodology and data files.
PersonalisedThe Full package, plus qualitative research – case studies, interviews – and other data sources to meet your needs. Projections can be extended (impact over the next decade, for example) and forecasts tracked over time as new data is released. We can add custom data visualisations.

Note: most UK higher education institutions are eligible for analysis – if you submit a HE-BCIS return to HESA, you’re covered. Please get in contact if you are unsure.

About James Ransom

Forecasting analysis is led by James Ransom. I am Head of Research at the National Centre for Entrepreneurship in Education and an independent researcher. I have recently worked with the British Academy, the Royal Society, Yorkshire Universities, the British Council, and GuildHE.Contact me at james.ransom.16@ucl.ac.uk and learn more here: jcransom.com.

Areas of analysis

All reports include the following detailed analysis, in addition to other insights (for example the regional demand for upskilling).

Table 1Projection of the number of key workers who will be trained by your higher education provider or group of institutions over the next five years
Table 2Forecast of the number of days your higher education provider or group of institutions will provide training and upskilling to businesses and the community over the next five years
Table 3The extent to which your higher education provider or group of institutions provide specific forms of support to businesses
Table 4The forecast value of services provided by your higher education provider or group of institutions to SMEs, businesses and not-for-profits over the next five years
Table 5The forecast value of research between your higher education provider or group of institutions and non-academic partners, involving public funding, over the next five years
Table 6Competitive funding awarded to your higher education provider or group of institutions by Innovate UK in thematic areas 2004-2022
Table 7The forecast number of new companies and charities to be formed because of your higher education provider or group of institutions over the next five years
Table 8The forecast value to the economy of regeneration projects your higher education provider or group of institutions are involved in over the next five years
Table 9The number of students at your higher education provider or group of institutions (full-time equivalent)
Table 10The number of staff at your higher education provider or group of institutions (full-time equivalent)
Table 11The percentage of people in employment who are employed by your higher education provider or group of institutions
Table 12Your higher education provider's or group of institutions' expenditure on staff
Table 13Forecast of the number of people attending public events delivered by your higher education provider or group of institutions over the next five years.