How often do they modify research income? Is it solely with every new RAE?
It'll be interesting to see how the current top ten differ from the new top ten after the adjustments. Anyone have any ideas about big winners/losers?
The amount of government allocated per year is calculated based on the most recent RAE, but thats not where the majority of the cash comes from. The figures are announced and updated every year. The HEFCE from 08/09 show the top 10 in England are the top 12 in the UK, with Edinburgh and Glasgow in the overall top 10 directly behind Manchester.
"Income - £637m (Britain's first half-billion pound university)"
Manchester's income is £637million, first University to pass £500million, however, compared to Oxbridge, which only have a combined 35,000 students, Manchester has 61,000. Glasgow and Edinburgh have a combined 44,000, and make a total of about £850m. Total income is completely different from research income though, at Glasgow, research is worth about 145m out of a 400m total.
And yes, research income doesn't equal quality, but as has been mentioned, what do we trust more- the company placing the contracts, or a panel on the RAE who decide what constitues a 4* piece of work. For me, the latter is just a bit too subjective, whereas you can't really argue with the contract incomes.
historically, for scientific research, cambridge > all.
last few years, the divide (in terms of quality) is narrowing - imperial specifically is really catching up, and my dad thinks the research coming out of imperial in the last decade or so is so much better than the research coming out of anywhere else (again, for science).
Might've been 61,000 applications for places then, I stand corrected. However, what made me sure was I'm sure there was something recently about them surpassing the 40,000 mark in something. Since Glasgow has 19,000 with 5,000 part time students not normally listed, I thought something similar was the case for Manchester, where the part time students or adult learners swelled the numbers. I think 34,000 is an abnormally low figure, that must be from around the time of the merger- I'd be surprised if it wasn't the best part of 10,000 more than that now. I'm off now, but I'll do some digging later and find a figure.