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Graduate jobs news: universities 'forming stronger ties with business'

Published: Thursday, 10 July 2008   Category: Career Advice

Students planning their hunt for graduate jobs might be interested to know that universities seem to be forming ever stronger ties with business.

According to The Higher Education - Business and Community Interaction (HE-BCI) survey, UK institutions received £2.64 billion through business and community interaction in 2006-07, a rise of 17 per cent on the previous 12 months.

Science and Innovation minister Ian Pearson said: "Universities are shifting up a gear when it comes to working with business and making an economic impact.

"In percentage growth terms, collaborative research with industry in the UK is growing at a faster rate than the Chinese economy."

The report also found that universities made £670 million from collaborative research with business, a 12 per cent increase on last year.

Meanwhile, the second annual Robert Half Global Financial Employment Monitor, shows that UK firms are turning to graduates to fill skilled financial roles.ADNFCR-1068-ID-18679009-ADNFCR

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