Finances

Economic impact - key facts

• Income - £684m (Britain's first half-billion pound university);
• Estate - 300 buildings, 299 acres;
• Annual financial impact on region - £1.4billion;
• Jobs supported - 15,500;
• The University of Manchester directly contributes £1.4billion to the North West region. This is estimated to double by 2015;
• More than 100 active spin-out companies occupying 180,000 square feet of incubator space have been created by the University;
• The University has embarked on the largest programme of capital investment ever undertaken in UK higher education with more than £400 million worth of state-of-the-art buildings, major refurbishments and public works. A further £250m investment by 2015 will take the overall spend to more than £650m.

Research funding

Total research expenditure at the University has grown by around 40% from £269m in 2004/5 to 375m in 2006/7.

The quality, breadth and volume of research activity at the University is unparalleled in the UK (see the Our Research) and we receive among the highest number of research council grants of any UK university.

Major projects

Completed projects: 

• £10m Functional Biology Building
• £39m Manchester Interdisciplinary Biocentre
• £14m Chemistry Building
• £10m Multi-Storey Car Park

Projects under construction:

• £65m Flagship Student Services and Nursing building
• £39m Life Sciences and Medical and Human Sciences Building
• £59m Astronomy, Maths, Physics and Photon Science Building
• £31m Humanities Building
• £17m Refurbishment of John Rylands University Library, Deansgate
• £18m Relocation of School of Pharmacy
• £15m Completion of the Michael Smith Building

Future projects:

• £30m Partial refurbishment of Stopford Building
• £6m Public Realm
• £15m Extension to Materials Science Building
• £28m refurbishment of the Faraday Building
• £14m fefurbishment of Coupland 3 Building
• £13m Partial refurbishment of Simon Building
• £11m Refurbishment of Dover Street

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