Bournemouth University is an international university with a growing global reputation – an anchor and catalyst of the local economy.
As well as being one of the largest employers in the region, 32% of our students come from less than 40 miles away. BU positively touches many lives in Dorset and across south and south-west England. The benefits for those who work and study here are extensive, as is the added value we provide for the wider community.
To demonstrate the wider benefits we bring to Dorset and the South West, Professor John Fletcher and Dr Yeganeh Morakabati published the Bournemouth University Economic Impact Study 2013 (pdf 294kb). Their findings were remarkable.
At the time of the report, BU generated more than £1 million a day in economic activity in south-west England and created almost 1,400 full-time equivalent jobs. Our students, and their visiting friends and family, spent £128 million across the region during the same period, and our staff spent £54 million: half of the money spent by staff goes directly into Bournemouth, Christchurch and Poole. And, for every seven students at BU, one full-time job is supported across the South West. Finally, as well as spending money in the local economy, our students raise around £200,000 each year for local charities and dedicate thousands of hours to volunteering each year.
Regional economic development in Dorset
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The latest issue of the BIR (Business Intelligence Report Summer 2019) (pdf 167 kb) considers the deteriorating local outlook in the context of political/policy uncertainty and global slowdown.