Wow, the governing council of Imperial College has 1 member representing academic staff, 1 member representing students, and 21 others seemingly all from finance, etc. The chair of our council is also the chair of Tescos. https://www.imperial.ac.uk/admin-services/secretariat/college-governance/governance-structure/council/about-council/composition/ …
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W odpowiedzi do @neuralreckoning
That's normal? Governing body of a university is meant to be independent of its staff, and indeed of the sector, to provide oversight while minimising CoIs. They appoint the VC, and hold them accountable (in principle).
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W odpowiedzi do @markdhumphries
Trying to come up with a reason why a bunch of people from finance should have ultimate say about how a university is run. Drawing a blank here I'm afraid.
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W odpowiedzi do @neuralreckoning @markdhumphries
I guess the alternative model is Oxford. I’m not sure it makes for better decisions or any less argybargy though. And Imperial at least is highly reactive and tends to wipe out bad decisions fairly quickly. There is previous, but I think it was before your time.
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I agree with Simon here. Governing bodies should be independent & I would say it’s preferable they’re from industry. Universities are corporations, so I would expect people in finance to manage assets well and make decisions fast. Oxbridge model is very slow and bureaucratic.
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Depends what you mean by corporation. They're certainly not for profit businesses with shareholders, etc. And they shouldn't be anything like that.
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Kind of a technicality; they’re except charities. A weird legal quirk. Up until 1998 that might have been the case, but since then they’ve increasingly relied on private capital, endowment investments, students, etc. Plus investors classify uni’s as alternative investments.
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W odpowiedzi do to @azhir_io@neuralreckoning i jeszcze
I should note. I don’t support the privatisation of british higher education. But I think it’s worth recognising its been happening for a while now.
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*exempt charities. But I’m always pro more VC and investor money in STEM.
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