University Of Exeter Business School firmly placed in the UK's top 20

The results of the 2008 Research Assessment Exercise, announced today, have placed the Business School firmly in the top 20 in the UK, and demonstrate that 94% of its research is of international quality.

On a scale of 4*(world-leading) to 1*(recognised nationally), the majority of academics within the School have been rated as either 4* or 3*, indicating that their research is either world leading or internationally excellent.  Ranking subject areas by those with the most 4* and 3* research, the Business School’s Accounting and Finance academics took 2nd place in the UK, Economics was ranked 12th and Management 16th.  

These excellent results come during a year when the University of Exeter Business School is ranked highest of all UK business schools for student satisfaction in the National Student Survey, and is placed within the top ten for all of its subjects in The Times subject rankings of the 2009 Good University Guide.

Professor Richard Lamming, Director of the Business School said, ‘This result confirms that our Business School not only delivers a great student experience but also justifies its reputation for attracting world class academics who are consistently producing first class research. Following on from the 2008 NSS results in which we came first in the UK for student satisfaction for the third successive year, the RAE result confirms Exeter as one of the leading full-service Business Schools in the UK.’

All departments of the Business School excelled in this assessment, a tribute to the leadership of Professor Paul Draper, who guided the Business School through the process of preparing for the RAE, and who retires at the end of the year.

Accounting and the Xfi Centre for Finance and Investment

The Business School was placed a prestigious 2nd for research quality in Accounting and Finance across the UK. 85% of academics in the Department of Accounting and the Xfi Centre for Finance and Investment were rated by the RAE, achieving an average rating of 2.6. Of these, 55% had their research rated as either 4* or 3*.

Economics and Econometrics

75% of research activity from the Department of Economics was rated as either 4* or 3*. The average research rating for each economics academic was 2.95, one of the highest ratings at the University of Exeter. This places the Business School as 12th across the UK for Economics and Econometrics.

Business and Management

All academics in the Department of Management were included in the RAE, and of these 60% produced research that was rated either 4* or 3*, with an average rating of 2.65. Out of 90 institutions that were rated for Business and Management, the Business School ranks 16th.

Exeter was one of 159 higher education institutions submitted to the RAE which measures the quality of research across the higher education sector. RAE expert panels assessed more than 200,000 pieces of work from 52,500 staff. The results will be used to distribute £1.5 billion a year worth of research funding to UK universities from August 2009.

The results place the University of Exeter as 15th in the UK,  when the proportion of academics that were submitted to the RAE is taken into account. The amount of world-leading research is more than double that predicted by the University; this together with Exeter’s high research intensity makes Exeter is the third most improved university since the last assessement in 2001.

Date: 18 December 2008

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