London’s universities and higher education colleges are a powerhouse of research, teaching and technology transfer unrivalled anywhere in the UK, Europe and beyond. Collectively, higher education institutions (HEIs) in London:
- Generate ca. £10.4 billion each year in goods and services and £1.2 billion in export earnings;
- Educate 400,000 students from the UK and overseas, who are able to choose from over 11,000 undergraduate courses and nearly 4,000 postgraduate qualifications;
- Employ 94,000 academic and non-academic staff;
- Win about 27% of Research Council grants and £466m of recurrent grant research funding from HEFCE;
- Attract to the UK 90,000 international students from over 200 countries, who in turn contribute £1.5 billion to the UK economy;
- Produce over 56,000 skilled graduates every year, 90% of whom find work in London and the south east.
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