Being involved in consultancy is entirely consistent with other academic activities and is another way of transferring applied knowledge.
Consultancy increases the University’s contribution to the growth of the economy and to the needs of society, and such activities are being given a higher priority by the Government and the Higher Education Funding Council for England (HEFCE).
The University submits an annual return to HEFCE called the Higher Education Business and Community Interaction Survey (HEBCIS), which includes income statistics from the consultancy activity and generates additional revenue from the Higher Education Innovation Fund.
RIN produced an infographic to help describe the importance of the HEBCIS report.
Consultancy can also be:
- A springboard for future research opportunities
- A chance to put your research ideas into practice
- A way of developing a network of practitioners within your fields of academic activity
- A link to organisations that may be interested in student placements or contributing in other ways to your teaching and learning activities
Over the last few years consultancy projects have led to a range of additional activities and outcomes including:
- REF impact case studies
- Commercially funded PhD studentships
- Promotion opportunities