There are lots of TNE numbers: in particular, 83% of universities delivering TNE in all but 15 of the world's countries. Which must mean TNE is earning for the UK – after all, it's been identified as a high value export. But we don't have a magic number for calculating costs, fees or returns for TNE.
Research is lacking on what TNE means financially, sector wide and at the university level. This doesn't reduce the need for universities to budget effectively, however. Financial planning and measuring the financial benefit are difficult to navigate, particularly as arrangements become more complex and move toward greater, more nuanced partnership working while management teams ask for quick returns on investment. Best guestimates suggest it takes ten years for UK universities to see a return, but that return can be substantial if managed right. Budgeting for high impact partnerships remains a challenge and the UK sector's awareness of rules and regulations, including taxation arrangements, remains weak yet UK Government, sector agencies and the British Council are invested in supporting universities' success in delivering high quality programmes around the world.
Join finance experts, tax advisors and university practitioners as they look at how to budget for TNE and work through ways to more realistically cost TNE activity from scoping the idea through to operation.
Representatives from universities, sector organisations as well as finance experts will share experiences and good practice prompting discussions which will cover a range of topics including:
Who should attend?
Confirmed speakers include:
Click here to see the programme and click here to book
Our thanks go to Farrer & Co for supporting us with this event.