20 over 500

Youth isn’t everything

Last year it was Times Higher Education but this year it is the turn of QS to produce a ranking of newer universities, presumably on the basis that somehow they suffer in the rankings for not having done enough stuff over their limited histories. Unfortunately, this rather discriminates against older institutions which are also often disadvantaged in the rankings for being, well, old.

So, it’s time to right this wrong by producing the all new top 20 of universities over 500 years old. Let’s hear it for the ancients!

And the good news is that European universities once again dominate and Italy in particular does extremely well. It is also another good year for the University of Bologna, the grandaddy of them all, which is top of the heap for a record-breaking 925th year. Let’s look at the full top 20:

  1. University of Bologna
  2. University of Oxford
  3. University of Cambridge
  4. University of Salamanca
  5. University of Padua
  6. University of Naples
  7. University of Valladolid
  8. University of Murcia
  9. University of Montpelier
  10. University of Macerata
  11. University of Coimbra
  12. University of Alacala
  13. La Sapienza, University of Rome
  14. University of Perugia
  15. University of Florence
  16. University of Camerino
  17. University of Pisa
  18. Charles University of Prague
  19. University of Pavia
  20. Jagiellonian University

Not a huge amount to report here with the top 20 remaining entirely static (as it has done indeed since Poland’s Jagiellonian University opened back in 1364).

Sadly there’s still no place in the top 20 for the august institutions of Heidelberg, Vienna and Turin. And Scotland’s ancients, St Andrews, Glasgow and Aberdeen, also miss out yet again.

On the size of branch campuses

Biggest isn’t always best but it does tell you something

Looking at the latest University of Nottingham student statistics and the most recently published HESA data it struck me that Nottingham is now the UK’s largest campus university (ie if we exclude the Open University). However, it is important to understand that two of our campuses are not in the UK but in Malaysia and China. Both are integral parts of the University, they host University of Nottingham students who study on University of Nottingham degrees and are taught by University of Nottingham staff. And, as the recent QAA review of the University of Nottingham Ningbo China demonstrated, they do it all rather well.

Just to be clear about the numbers then. our latest figures show that we have the following number of students:

- University of Nottingham UK – 33,944
- University of Nottingham Malaysia Campus (UNMC) – 4,360
- University of Nottingham Ningbo China (UNNC) – 5,461

So nearly 44,000 students in total. Which makes Nottingham overall significantly ahead of the University of Manchester. Big deal you might say.

But the issue here really is about recognition that our campuses in Asia (and other UK universities who are more recent arrivals may say similar things) are integral parts of the University. The data on these campuses and other UK university students studying overseas is now collected by HESA and the only other source we have of overseas campuses from other countries is the OBHE survey, last published in January 2012.

This survey shows that two of the top 5 (in terms of size) offshore campuses of universities are in fact UNMC and UNNC. The OBHE top 10 is as follows:

Institution and total students

1 RMIT in Vietnam – 5,145
2 Monash University in Malaysia – 5,000 (approx.)
3 University of Nottingham Ningbo China – 4,536
4 AMA International University in Bahrain – 3,945 (2008-09)
5 University of Nottingham Malaysia Campus – 3,779
6 Xi’an Jiaotong-Liverpool University – 3,240
7 Curtin University in Malaysia – 3,080
8 Limkokwing University of Creative Technology in Botswana – 3,040
9 Wollongong in Dubai – 3,000
10 Monash University in South Africa – 2,685

Although accurate updated figures are hard to establish it would seem that as of now the top five is roughly the same but with Xi’an Jiaotong-Liverpool University replacing AMA International in Bahrain and with UNNC still the largest UK branch campus. OBHE only has student number data for just over half of the 200 branch campuses it has registered – of the 77,448 students counted in 2010-11, just under 12% of these are University of Nottingham students.

Looking at the data in the 2012 survey on some of the other branch campuses often cited as examples of significant global activity, it is clear that they are much smaller operations. For example:

  • Sorbonne in Abu Dhabi – 606 students
  • UCL in Kazakhstan – 140 students
  • Carnegie Mellon in Qatar – 280 students
  • NYU in Abu Dhabi – 307 students
  • UCL in Qatar – 2 students

Others often referred to such as Duke Kunshan and NYU Shanghai do not formally open until later this year.

So, the University of Nottingham is the biggest UK campus university and is the UK university with the biggest international campus. Just to help with the sense of scale of operations, if UNNC were in the UK it would be around 120th largest HEI, slightly smaller than Cranfield and the University of Chichester but still larger than around 40 other UK HEIs, including SOAS, Abertay and Queen Margaret University. And combined UNMC and UNNC are bigger than around 60 UK HEIs and would be roughly 100th largest.

Just to add at a bit more perspective here UNMC is only 13 years old, UNNC has yet to celebrate its first decade. Both campuses have grown extraordinarily quickly and both have significant profiles in their host countries.

One more statistic. For every one of the last five years 100% of UNNC graduates have secured jobs or progressed to further study, many of the former to multinational companies with operations in China, many of the latter to leading universities around the world. It’s a KPI to be proud of.

This is the future. Significant and large multinational, multi-campus operations. Several other UK universities followed Nottingham’s lead in Malaysia. Others are now looking at China. The UK remains second only to the US (or third if we count France’s ESMOD’s 12 overseas fashion schools) in the number of branch campuses overseas according to OBHE. I’m sure it will continue.

Progress Claimed for Duke Kunshan University

Duke still sounds upbeat about its China campus.

The Chronicle’s Duke section has a report on what sounds like some modest progress with the development of the new Duke Kunshan University in China:

Considerable progress is being made on the campus of Duke Kunshan University, Provost Peter Lange said at Wednesday evening’s Duke Student Government meeting.

Lange updated the Senate on DKU as that campus comes closer to finishing construction and opening to students. Next week, he will be submitting an establishment proposal to the city of Kunshan that will outline the plans that Duke intends to take after construction is completed. He said there has been some feedback from students concerned that DKU construction is depleting funds that could be allocated to the arts and sciences at Duke.U154P5029T2D540617F24DT20121221174344

“Undergraduate financial aid is costing us a lot of money and causing a squeeze in the arts and sciences funding, not DKU,” Lange said. “DKU is just a drop in the bucket.”

He estimated that Duke will be required to pay about $5.5 million each year to keep DKU running. This small fraction of Duke’s total expected expenditures in the next five years, he noted. To date, the University has raised between $6 and 7 million dollars for DKU.

“No top quality university pays for itself with tuition,” Lange said, adding that Duke will pay 50 percent of the operational costs of DKU, and the city of Kunshan will contribute the other 50 percent.

Whilst it is, of course, interesting that the $5m plus running cost is “just a drop in the bucket” for Duke, what is more significant is that it does appear that the new institution has suffered from significant delays in construction and formal approval for its establishment is yet to be granted. More recent reports don’t add a lot in the way of positive news for the new university.

A Different Kind of Ranking

The new U21 systems ranking.

Following on from last year’s first iteration, U21 has now published its 2013 Rankings report, which is intended to give an overview and ranking of higher education systems across the world. The full report gives much more information about the rankings but in summary:

The project aims to highlight the importance of creating a strong environment for higher education institutions to contribute to economic and cultural development, provide a high-quality experience for students and help institutions compete for overseas applicants.

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The 2013 Rankings report retains the methodology of the 2012 Rankings. 22 desirable attributes are grouped under four broad headings: Resources, Environment, Connectivity and Output.

The country coverage has been extended to 50 by the inclusion of Saudi Arabia and Serbia. Data quality has improved significantly since 2012, in some cases occasioned by publicity arising from the inaugural Rankings – thus meeting the hope we expressed a year ago.

The top 20 is as follows. As you would expect it is fairly stable with little change since 2012:

1 United States 100.0
2 Sweden 85.2
3 Switzerland 81.6
4 Canada 80.0
5 Denmark 79.8
6 Finland 79.4
7 Netherlands 78.2
8 Australia 77.2
9 Singapore 76.6
10 United Kingdom 74.9
11 Austria 71.8
11 Norway 71.8
13 Belgium 71.0
14 New Zealand 69.7
15 Germany 68.2
16 Hong Kong SAR 67.6
16 France 67.6
18 Ireland 66.8
19 Israel 63.8
20 Spain 60.5

The top 10 countries are the same as in the 2012 Rankings except that Singapore replaces Norway which falls to 12th. The largest changes further down the table largely reflect the acquisition of better data: Malaysia rising from 36th to 27th and Ukraine falling from 25th to 36th.

It remains a distinctive and interesting approach to ranking.

UK HE in China

QAA Review of Transnational Education in China.

Back in 2012 the QAA surveyed all UK higher education institutions in order to find out details of their TNE activity in China. The QAA review includes detailed reports on 10 UK universities and divides HEIs’ TNE activity into a number of different types. For the purposes of the survey, TNE was divided into the following categories:

• A: branch campus
• B: partnership
• C: distance learning through flexible and distributed learning (FDL).

Category B (partnership) was further sub-divided into:
• B1 – students in China follow a programme leading to an award from the UK institution, sometimes completing the whole programme in China, but sometimes transferring to the UK to complete parts of the programme
• B2 – students start by following a programme offered by the partner, but later transfer (under an articulation agreement) to a programme at the UK institution, but with an entitlement to advanced standing on academic grounds.
Thus, under B1 students do not change their programme, although they may change their location of study, whereas under B2 students change both their programme and their location of study.

Category C (FDL) was divided into:
• C1 – students follow a programme of the UK institution without the assistance of any support centre in China
• C2 – students follow a programme of the UK institution with the assistance of a support centre in China that is approved by the UK institution.

Campus at University of Nottingham Ningbo China

Campus at University of Nottingham Ningbo China

The report reveals that UK universities are extremely active in China:

The survey found 70 UK institutions with provision in China falling into one or more of the above categories. Collectively, these institutions reported 275 distinct relationships with 186 separate Chinese institutions. The total number of students studying in China through UK TNE was recorded by the survey as 33,874. In addition, there were 5,392 students studying in the UK, having transferred from a partner institution in China. Of the many different programmes being offered through UK TNE in China, 42 per cent are in the Business and Finance subject areas, and 19 per cent in Engineering. The survey found most of the TNE to be located geographically in the major urban centres of China’s eastern seaboard: Beijing, Shanghai, Ningbo (Zhejiang province),

The number of these institutions reporting TNE in each category is shown below.

table TNE

The University of Nottingham’s presence in China is the only one here identified as a branch campus (although the number of students here is rather out of date, it’s now over 5,600). The full report on the University of Nottingham Ningbo China can be found here and is highly complimentary both about the development itself – “an impressive achievement” – and the quality of the student experience.

Overall though there is a huge amount of activity by UK institutions and it comes in a wide variety of forms. Much of interest therefore in the QAA’s review.

Crime Data in the USA

University fined for misreporting crime data.

The Chronicle of Higher Education has a piece about the University of Texas at Arlington being fined for improperly classifying and reporting a number of crimes which took place on its campus:

For misclassifying crimes and underreporting disciplinary actions, the U.S. Department of Education has fined the University of Texas at Arlington $82,500, a penalty the institution is appealing.

The department imposed the fine last month under the federal campus-crime reporting law known as the Clery Act, each violation of which can cost an institution $27,500. According to a review by the department in 2011, the Arlington campus had improperly classified a forcible sex offense as an assault and an aggravated assault as an assault of a family member. Both crimes occurred in 2008.

CrimeScene

Also that year, the department found, the university excluded 27 liquor, drug, and weapons violations—classified as “disciplinary actions”—from crime statistics that by law must be submitted to federal officials and distributed publicly each year. On that count, the department imposed a third $27,500 fine.

Similar fines have just been levied against Yale:

Yale failed to report a total of four forcible sex offenses in its campus crime statistics for 2001 and 2002, according to an April 19 letter from Mary E. Gust, director of administrative actions and appeals service group at the DOE. As a result, the department is fining the university $27,500 for each offense, the letter said. The Connecticut Ivy League university also received a $27,500 fine for failing to include seven required policy statements in its annual crime reports, and another $27,500 for not including crime statistics from Yale-New Haven Hospital in its annual campus crime data.

It always surprises me that there is such a strict federal requirement on crime reporting at US universities. Given the potentially negative consequences though it is perhaps hardly surprising that there are occasional errors in classification. And the crimes on US campuses do tend to be significantly worse than those here, especially given the availability of guns at some institutions (as noted in this previous post).

How long before HESA start collecting this data in the UK?

Is London the new UAE?

More branch campuses opening in the city

But most of them belong to UK universities, not overseas institutions. According to last year’s OBHE report there are six international branch campuses in London (four from US universities and one each from Malaysia and Iran). There are many more offices and outposts too. However, the growth seems to be coming from UK institutions opening offshoots to offer courses, primarily professional and postgraduate, in the major market of the metropolis.

The latest arrival, according to Universities News, the University of Liverpool:

about_us_top_banner

Liverpool University will open a campus in London for students attracted by studying in the capital.

It is the first of Britain’s leading universities to open a campus in London and may prompt other institutions to follow suit.

Many Liverpool undergraduates want to continue studying for master’s degrees but want to do so in London. Opening a campus in the capital is a way to “keep them in the family” according to Professor Sir Howard Newby, vice-chancellor of Liverpool.

The university has leased a former bank building on the edge of the City of London and about 150 students will enrol on the first courses there in September.

At full capacity the campus will hold up to 1,500 students, mostly postgraduates studying courses such as business and law. Many of them are expected to be mid-career professionals who need a master’s degree to progress in their field.

But Liverpool are far from first to open a London branch. Coventry, Sunderland, GCU, Glyndwr, Ulster, Anglia Ruskin, Bangor and Cumbria universities all have outposts in the capital.

So there is some way to go before London catches up with UAE’s 37 branch campuses but it is still an interesting trend.

A not entirely new university ranking

A rather citation heavy ranking from URAP (NB not UKIP).

Apologies for the lateness of this but for some reason I failed to notice this league table which was published last autumn. The University Ranking by Academic Performance website has all the details but the background is as follows:

University Ranking by Academic Performance (URAP) Research Laboratory was established at Informatics Institute of Middle East Technical University in 2009. Main objective of URAP is to develop a ranking system for the world universities based on academic performances which determined by quality and quantity of scholarly publications. In line with this objective yearly World Ranking of 2000 Higher Education Institutions have been released since 2010.

And the methodology:

URAP ranking system is completely based on objective data obtained from reliable open sources. The system ranks the universities according to multiple criteria. Most of the currently available ranking systems are both size and subject dependent. The URAP research team is currently working on a new methodology which will minimize the impact of size and subject dependency.

The goal of the URAP ranking system is not to label world universities as best or worst. Our intention is to help universities identify potential areas of progress with respect to specific academic performance indicators. Similar to other ranking systems, the URAP system is neither exhaustive nor definitive, and is open to new ideas and improvements. The current ranking system will be continuously upgraded based on our ongoing research and the constructive feedback of our colleagues.

Whilst they don’t want to label universities as best or worst this is a rather inevitable by-product of a ranking I fear. Still, on the positive side, they have sent us a lovely certificate (dated last year but only arrived in my office this week):

A certificate! for the whole University!

A certificate! for the whole University!

I’m sure other rankings will be following suit.

Anyway, here is the list of the top 20 UK universities from URAP:

Country Ranking University Name World Ranking Category Article Citation Total Document JIT JCIT Collaboration Total
1 University of Oxford 7 A++ 91.74 92.72 43.25 73.26 65.72 78.75 445.43
2 University of Cambridge 11 A++ 90.07 91.16 42.34 71.63 65.68 75.32 436.20
3 Imperial College 14 A++ 87.11 87.38 41.91 69.80 60.16 73.23 419.58
4 University College London 18 A++ 85.47 85.05 41.61 69.38 58.96 70.59 411.07
5 University of Manchester 38 A++ 81.52 79.31 39.67 64.23 54.54 65.21 384.47
6 University of Edinburgh 49 A++ 77.64 77.27 37.39 63.42 54.84 65.05 375.62
7 Kings College London 69 A++ 76.74 75.82 37.76 62.70 53.24 58.89 365.15
8 University of Bristol 85 A++ 74.71 74.33 36.00 61.36 51.53 59.04 356.98
9 University of Glasgow 102 A++ 72.45 72.79 35.24 60.31 51.04 59.07 350.89
10 University of Birmingham 108 A+ 73.37 71.68 35.78 60.18 49.75 56.81 347.56
11 University of Nottingham 110 A+ 74.25 71.61 35.79 59.64 49.43 56.31 347.03
12 University of Sheffield 115 A+ 73.53 71.74 35.45 59.59 49.75 55.92 345.96
13 University of Leeds 123 A+ 73.56 71.29 35.28 59.23 49.46 56.25 345.08
14 University of Southampton 128 A+ 73.58 70.73 35.06 59.11 49.06 56.65 344.18
15 University of Liverpool 145 A+ 71.64 69.98 34.50 58.98 48.98 55.95 340.03
16 Cardiff University 152 A+ 70.89 69.54 33.86 58.35 49.22 56.25 338.11
17 University of Newcastle upon Tyne 161 A+ 70.08 70.26 33.94 58.83 49.55 53.95 336.61
18 University of Warwick 212 A+ 70.09 67.90 33.24 57.21 47.74 52.63 328.82
19 University of Leicester 231 A+ 68.26 68.30 32.61 57.40 48.89 51.25 326.70
20 University of Aberdeen 234 A+ 68.00 67.76 32.73 56.79 47.42 53.36 326.05

Communicating science. Though improv.

A surprising source of help with communicating science.

A great story in The Chronicle of Higher Education on an accolade for Alan Alda for his contribution to helping scientists communicate

In New York City this week, Mr. Alda is being honored at the university’s celebrity fund-raising gala for his central role in creating Stony Brook’s Center for Communicating Science. Its program, based on improvisational theater techniques, has trained people at about 60 universities across the country, and some of those people are using the techniques to train others at their own institutions. The idea “just caught fire,” Mr. Alda says.

Best known as the star of the M*A*S*H television series, Mr. Alda later was host of a science interview program on PBS for 13 years. Many of his guests, he observed, had trouble explaining their ideas to a general audience.

DSC_4682-320x212

A solution, he thought, might be to teach scientists some basic improvisational skills. Though improv is commonly associated with comedy theater, it is, more fundamentally, the skill of listening to an audience and making corresponding adjustments in the delivery of a message.

During the film festival, Mr. Alda was seated next to Shirley Strum Kenny, then president of Stony Brook. As he had done at other universities across the country, he brought up his idea. Ms. Kenny, an English scholar, was immediately receptive. She says she had long wanted the institution to do more to prepare its students to explain scientific concepts to people who know less than they do, a skill they would surely need once they entered the work force.

It’s a really fascinating development and terrific to see how the approach is spreading across the US. This video about the Centre explains a bit more about its work:

Suspect we could learn a thing or two in the UK about the technique.

Quidditch World Cup 2013 update

Pottering in the sun

The Huffington Post carries a top sports story on the recent Quidditch World Cup held in Florida:

the majority of teams competing at this level have official uniforms names paying homage to the book series, like the Silicon Valley Skrewts and the Melbourne Manticores.

31Ljvaa4ynL._SL500_Spectators will find many of the same features from the books. Players throw balls or “quaffles” through ringed hoops for points and even can chase and capture the “snitch” to end matches.

And in case any Harry Potter diehards are wondering, yes, all the players also must maneuver around on broomsticks during gameplay. Much like the ability to dunk a basketball is restricted to a gifted few, however, real-life quidditch players have yet to take flight.

A previous post noted the popularity of quidditch in UK universities and its value as a recruitment tool. It seems though that the US, as host to the ‘world cup’ is leading the way in international quidditch competition. Or were there British teams there?

MPs with fake degrees

MPs in Pakistan convicted for faking academic qualifications

A post back in 2010 noted the planned check of over 1,000 politicians’ academic credentials. A law passed a decade ago requires all MPs to hold degrees and, according to a recent University World News report, it does seem that some have been less than totally honest about their academic records:

graduation1

Following an order from the top court in Pakistan, lower courts have started convicting former members of parliament who contested the 2008 elections using fake degrees. Several politicians have been given jail sentences, and there are numerous cases now before lower courts, with judgments due soon.

Holding a degree qualification was a precondition for contesting the 2008 poll.

The cases were lodged against the lawmakers after Pakistan’s Supreme Court on 28 March ordered the lower judiciary and the election commission to take stern action against former MPs with fraudulent degrees, and to stop them from getting elected again in polls to be held on 11 May.

The apex court’s orders were based on its earlier verdict, passed in June 2010, which ordered the Higher Education Commission and the Election Commission of Pakistan, or ECP, to verify the degrees of all 1,095 parliamentarians and members of provincial assemblies.

The remainder of the story indicates that some of those convicted have received very small fines. Others have simply absconded. It is a rather strange law which does seem to encourage such behaviour.

2013 International Leadership Conference: Managing Global Universities

A reminder about this forthcoming conference taking place at the University of Nottingham Ningbo China.

global

The 2013 event, which takes place from Monday 4 – Thursday 7 November 2013 will mark the third anniversary of the International Leadership Conference. The conference has previously welcomed delegates from the UK, Denmark, China, Colombia, Australia, Singapore, Malaysia, the US and Belgium. The event is designed for senior leaders to discuss and share best practice on important topics around the internationalisation of higher education.

Full details about the International Leadership Conference can be found here.

Defining ‘education hubs’

A helpful approach to definition in this rather vague area.

iskandar educity

An earlier post noted that there were rather a lot of ‘education hubs’ around the world. This Inside Higher Ed report on the recent Going Global event highlights comments from Jane Knight of the University of Toronto who has sought to define education hubs a little more precisely. Knight studied six hubs closely to assess their characteristics and proposed a simple schema for classifying hubs:

While all may aim to attract foreign students and foreign branch campuses, they strive to be three main things, she said:

Student hubs, which seek to attract local and foreign students.

Talent hubs, which seek to develop the skilled people who will stay in the country.

Knowledge hubs, which seek to build research infrastructure.

Knight classifies her six hubs as follows:

hubs

Knight said that the goals for the hub influence who the players are — and that educators may not be the key players when a country is focused, for example, on becoming a knowledge hub. Rather, businesses or government officials who deal with immigration policy may become key players. She also said that thinking about goals also shifts away from simply counting the number of branch campuses — a figure that may be less important in some hubs.

While education hubs will continue to evolve, they represent an important “third stage” in transnational education, she said. The first was student mobility, with students leaving their homes for a postsecondary education. The second was institutional mobility, when colleges set up dual degrees or branch campuses in other countries. Hubs involve the first two stages, but take them to a new level, she said.

It’s a helpful approach, especially when you consider how many places do claim to be an education hub.

Latest campus craze? Humans v Zombies

And some have tried to stop this innocent fun…

shaun-of-the-dead-2

According to The Chronicle of Higher Education , the craze that is the Humans versus Zombies game does continue on campuses, despite the efforts of “killjoys” to prevent it:

Napa Valley College officials are the latest to interfere with a popular campus-based game of tag called Humans vs. Zombies. More than 600 campuses in the United States play some version of the game, which originated at Goucher College.

To win, zombie players try to “infect” or tag the humans, thereby turning them into zombies, and the humans must protect one another from being tagged. Sometimes the teams also have missions to complete. In some iterations, the tags are tracked with person-specific ID cards, and then uploaded to a Web site. In others, as soon as you get hit with a Nerf dart, you’re dead. Well, undead. A game can last days or weeks, or merely until there are no “humans” left.

Must say it all sounds very exciting indeed. It also offers an entertaining analogy for the state of higher education more generally.

University league tables: buying success?

Australian universities are paying big salaries for rankers
 

Inside Higher Ed has a report on at least a couple of Australian institutions appointing league table specialists:
 

Some Australian universities are paying about $100,000 a year each to employ full-time managers dedicated to working with ranking agencies and developing strategies aimed at climbing league tables.

The University of New South Wales recently advertised for a manager of strategic reputation, while La Trobe University was seeking a manager of institutional rankings. For $100,000, responsibilities included maintaining relationships with ranking agencies to “maximize” or “optimize” their positions in rankings.

Observers say such positions highlight the growing importance of rankings in influencing research and teaching plans. But there are concerns that the professionalized management of rankings risks warping university strategies and may prove more a marketing effort than an effort to boost the substance of an institution’s performance.

 

 
league tables pic
 

The deputy vice chancellor at New South Wales, Les Field, said the position wasn’t new and was part of a team that ensured the information sent to annual data collections and the ranking agencies was accurate.
“It’s essential to have a team dedicated to getting our numbers right as well as providing the analysis on which we can direct the research effort into the future,” Field said. (Several American universities have been ensnared in controversies over their flawed — and in some cases seemingly gamed — reporting of data to rankings organizations. So far Australian universities have not been similarly besmirched.)

Whilst the work to be undertaken by these people in terms of data collection and analysis will undoubtedly be beneficial it is hard to get away from the idea that these appointments sound like an attempt to achieve a quick fix in terms of institutional league table performance. Will it pay off? Given the time lags involved with the data used it will be quite a few years before we find out.