ANNUAL REVIEW 2024-2025
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ANNUAL REVIEW 2024-2025
CONTENTS
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4 FOREWORD
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6 FOREWORD
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8 PEOPLE
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16 PLACE
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22 PARTNERSHIP
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27 OUR VALUES
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28 FINANCIAL REVIEW
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32 GOVERNANCE 2024-2025
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ANNUAL REVIEW 2024-2025
FOREWORD
FROM THE VICE-CHANCELLOR
2024/25 has been a defining and exceptionally busy year for Ulster University, marked by significant achievement, strategic progress and a continued focus on our commitment to put people first, by supporting our students and staff to thrive.
This year has offered many powerful examples of how that commitment is translated into impact across teaching, research, wellbeing and community engagement.
Throughout 2024/25, I hosted regular engagements with staff, updating colleagues on strategy and future plans, as well as the difficult financial environment we are operating in, while encouraging open dialogue and listening to staff perspectives.
This year was notable for the number of distinguished visitors we welcomed, in particular His Majesty King Charles III who visited our Cancer Research Centre in the School of Pharmacy and Pharmaceutical Sciences on the Coleraine campus, where he met with experts sharing insights into patient-focused innovation and clinicians benefitting from
Ulster University’s cancer research expertise. He also heard from people who have lived experience of cancer.
His Royal Highness The Prince of Wales visited our Belfast campus during the 175th anniversary celebrations of the Belfast School of Art, recognising the University’s contribution to the creative and screen industries and its role as an anchor institution for regeneration.
We also welcomed the Secretary of State for Northern Ireland, the Rt Hon Hilary Benn MP, to Belfast, where he met students and staff and had a tour of the Belfast School of Art and the £1.6 million Virtual Production Studio.
Taoiseach Simon Harris T.D.’s visit to Derry~Londonderry underscored the importance of cross-border cooperation and higher education’s role in regional prosperity. The Taoiseach also delivered the John Hume and Thomas P. O’Neill Chair Peace Lecture, co-hosted with the John and Pat Hume Foundation.
Ulster University’s growing reputation was further reinforced when we were named Times Higher Education University of the Year 2024 (UK and Ireland). This recognition belongs to our
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entire university community and acknowledges excellence in teaching, research and civic impact across all campuses. We were pleased to celebrate this achievement with all of our staff and students, as well as internationally at a reception hosted by the Deputy Head of Mission at the US British Embassy in Washington DC.
I was also delighted to establish Ulster University as a founding member of the new ResearchPlus collaboration. Joining this group of research-focused UK universities strengthens our collective voice and enhances Ulster’s ability to influence the national research, innovation and skills agenda.
The strength of our supportive academic environment is also evident in being ranked second in the UK for postgraduate research satisfaction in the 2024 Postgraduate Research Experience Survey, with students praising the quality of supervision, training and academic support.
Excellence in teaching was further recognised when the Personalised Medicine team received a Collaborative Award for Teaching Excellence from Advance HE. Based at the Clinical Translational
Research and Innovation Centre in Derry~Londonderry, the team exemplifies the power of partnership through collaboration with the Western Health and Social Care Trust, and Derry City and Strabane District Council.
Graduation ceremonies remain among the most meaningful moments of the academic year. Ulster University marked an historic milestone as the first cohort of doctors from the School of Medicine graduated in Derry~Londonderry, and another landmark achievement was the graduation of the first cohort of Paramedic Science students in Northern Ireland.
In Coleraine, we welcomed the first students to Northern Ireland’s first degree-level veterinary nursing programme, directly addressing a critical skills shortage within the animal health sector. We also launched a new MSc in Golf Management ahead of The Open Championship 2025, developed in close partnership with industry and tourism stakeholders.
I would like to pay tribute to Dr Jenny Pyper, who will step down as Chair of Ulster University Council at the end of 2025. Jenny has shown exceptional leadership and
has been a powerful advocate for the University, representing Ulster locally, nationally and internationally. Her contribution has been invaluable during a period of significant change and progress, and we wish her will.
From student wellbeing and teaching excellence to research impact, campus development and international recognition, this has been another successful year for the University, and I thank our staff, students, partners and Council for their continued commitment and support.
PROFESSOR PAUL BARTHOLOMEW VICE-CHANCELLOR
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FOREWORD
FROM THE CHAIR OF COUNCIL
As we reflect on 2024/25, I was particularly impressed by both the pace of change and the depth of achievement across Ulster University. This has been another landmark year in the University’s journey, one that demonstrates clearly the impact of our People, Place and Partnership strategy and the strength of our multicampus model in delivering benefit right across Northern Ireland, and all the fantastic achievements in between.
I was also immensely proud to see Ulster University recognised as Times Higher Education University of the Year 2024 (UK and Ireland). This accolade reflects the dedication, talent and commitment of staff and students across all campuses, and recognises excellence in teaching, research and community engagement. It speaks volumes about the journey the University has been on and how far it has come.
It has been a privilege to serve as Pro-Chancellor and Chair of Council for the past nine years, and as I pass the baton to Chris Conway in January 2026, I
reflect on how this last year has provided many moments of pride and celebration.
Graduation ceremonies have always been one of the highlights for me as Chair, and this year was no exception. Winter 2024 and Summer 2025 graduations brought together students, families, staff and partners to celebrate resilience and achievement. Our graduates now join a global alumni community, carrying Ulster University’s values into their professions and communities. The University was also proud to recognise exceptional individuals through its honorary graduations, celebrating achievement across sport, business, the creative industries and public service.
A particularly historic milestone was reached this year with the graduation of the first cohort of doctors from Ulster University’s School of Medicine in Derry~Londonderry. Seeing these graduates begin their medical careers, with more than 80 per cent remaining in Northern Ireland, is a powerful example of how targeted investment in education can directly address regional need and strengthen our health system. This achievement also reflects the University’s long-term
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commitment to the North West and aligns with the ambitions of the Derry~Londonderry and Strabane City Deal, in which Ulster University is a key delivery partner.
This year also saw ongoing momentum in campus development and regional growth and progress in Belfast and Coleraine continues with ambitious plans still in train. Particular progress has been made at our Derry~Londonderry campus, including the appointment of consultants for the new Shared Island teaching block and the securing of land to support future expansion. Alongside this, the approval of funding for a new Air Dome sports facility at Northland Road represents a major investment in shared sports infrastructure for the region. These developments, together with the City Deal projects such as CADRIC and the expansion of the School of Medicine, underline the University’s
role as an anchor institution driving economic and social regeneration.
Another standout event during the year was the launch of Studio Ulster in June 2025. As the world’s most advanced virtual production facility of its kind, Studio Ulster represents a bold statement of intent for Northern Ireland’s creative industries, and places Ulster University at the forefront of global innovation in virtual production. The colocation of the CoSTAR Screen Lab further strengthens our research, skills and industry engagement, enhancing opportunity across the creative sector.
None of this progress would be possible without the leadership of the Vice-Chancellor, Professor Paul Bartholomew, the Senior Leadership Team and the commitment of colleagues across the institution. I am deeply grateful
to all members of Council, past and present, who give their time, expertise and energy in service of the University. It has been the privilege of my career to work with so many dedicated individuals who share a common purpose - ensuring that Ulster University continues to thrive and to serve society.
Ulster University is well positioned to build on the achievements of this year and to carry on delivering positive impact for students, communities and partners and I will continue to watch and support its endeavours with pride.
DR JENNY PYPER PRO-CHANCELLOR AND CHAIR OF COUNCIL
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PEOPLE
KING CHARLES III VISITS ULSTER UNIVERSITY’S CANCER RESEARCH CENTRE IN COLERAINE
His Majesty King Charles III visited Ulster University’s Cancer Research Centre in Coleraine, where he was given a tour of the University’s cancer research facilities within the School of Pharmacy and Pharmaceutical Sciences by Deputy Vice-Chancellor Professor Paul Seawright. During the visit, the King met with researchers, clinicians and students, gaining an overview of the University’s cancer research activity and its translation from laboratory-based discovery into clinical practice. His Majesty also spent time with people living with cancer. The visit highlighted the University’s commitment to patient-focused innovation and world-leading research with real impact.
To read more please visit ulster.ac.uk/news
HIS ROYAL HIGHNESS THE PRINCE OF WALES VISITS ULSTER UNIVERSITY’S BELFAST CAMPUS
His Royal Highness The Prince of Wales visited Ulster University’s Belfast campus during the Belfast School of Art’s 175th anniversary year.
Just three years since his last visit to Ulster University, Prince William spent time in the University’s creative industry spaces and heard about the thriving screen industry in Northern Ireland, bolstered by the University’s research and teaching excellence, and its roots in the Belfast School of Art.
He also heard about Ulster University’s transformative impact on teaching, research, and the local community of North Belfast, becoming an anchor institution for city centre development.
To read more please visit ulster.ac.uk/news
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SECRETARY OF STATE VISIT TO BELFAST CAMPUS
Secretary of State for Northern Ireland the Rt Hon Hilary Benn MP visited Belfast, meeting students and staff. He toured the state-of-the-art teaching and research facilities, including the Belfast School of Art and the £1.6 million Virtual Production Studio, a unique training facility where students develop
evolving skillsets in film, broadcast and animation. During the visit, he addressed the role of higher education in regional development and opportunity.
To read more please visit ulster.ac.uk/news
STAFF ENGAGEMENT ON CAMPUS
Throughout 2024/25, the Vice-Chancellor hosted regular engagements with staff, updating colleagues on strategy and future plans, as well as the difficult financial environment we are operating in, while encouraging open dialogue and listening to staff perspectives.
T
To read more please visit ulster.ac.uk/news
UNIVERSITY’S STUDENT WELLBEING TEAM RECEIVES AUTISM IMPACT AWARD
The Student Wellbeing Team received national recognition for its inclusive support services. The Autism Impact Award acknowledged best practice in supporting autistic students. This recognition reflects the University’s commitment to equality, diversity and inclusion. It highlights the importance of student-centred wellbeing services.
To read more please visit ulster.ac.uk/news
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CELEBRATING 50 YEARS OF NURSING INNOVATION AT ULSTER UNIVERSITY
Ulster University celebrated 50 years of excellence in nursing education, research and innovation. The School of Nursing and Paramedic Science hosted a commemorative anniversary conference ‘Pushing the Boundaries of Nurse Education and Research: The Past, the Present and the Future’ in July 2025 in Belfast,
bringing together students, alumni, healthcare professionals and academic leaders to reflect on five decades of transformational impact – and to look ahead to the future of nursing on the island of Ireland and beyond.
To read more please visit ulster.ac.uk/news
PROFESSOR PAUL CARMICHAEL RECOGNISED FOR OUTSTANDING PROFESSIONAL CONTRIBUTION TO POLITICAL STUDIES
Professor Paul Carmichael received national recognition from the Political Studies Association for his outstanding contribution to political studies and public service. His work
has influenced policy, governance and academic practice.
To read more please visit ulster.ac.uk/news
ULSTER UNIVERSITY LECTURER BECOMES FIRST NORTHERN IRELAND CHEF TO BE INDUCTED INTO THE ROYAL ACADEMY OF CULINARY ARTS
Michael Gillies, Lecturer in Culinary Arts Management, achieved national recognition with induction into the Royal Academy of Culinary Arts, which exists to support the future of the hospitality industry through education and training. This prestigious honour reflects excellence in culinary education and professional practice, and enhances the University’s reputation in hospitality education.
To read more please visit ulster.ac.uk/news
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GERARD DUNLEAVY’S WORK RECOGNISED AT THE 2025 OSCARS AND THE 2024 CONCEPT ART AWARDS
Gerard Dunleavy, Creative Technologist at the Ulster Screen Academy, won a coveted Concept Art Association Award at the 2024 Concept Art Awards for his outstanding work on Wonka. Gerard worked extensively on many of the
location concept designs for the film including the zoo and the iconic Wonka chocolate shop.
Gerard was also an integral member of the team that won an Academy Award for Best Production Design for Wicked at
the 2025 Oscars, having worked on many of the location concept designs for the film, including The Emerald City and Shiz University.
To read more please visit ulster.ac.uk/news
KING’S NEW YEAR’S HONOURS FOR UNIVERSITY COLLEAGUES AND PROFESSOR EMERITUS
In the King’s New Year’s Honours 2025, Fiona Kane, Director of the Vice-Chancellor's Office, was awarded an Member of the Order of the British Empire (MBE) for Public Service in Northern Ireland and Jazz musician, broadcaster and Ulster University academic, Dr Linley Hamilton was made an MBE for services to the Music Industry in Northern Ireland.
Noted political writer and author and Professor Emeritus of Politics at Ulster University, Henry Patterson was recognised with an OBE for services to Education and to Peacebuilding in Northern Ireland.
To read more please visit ulster.ac.uk/news
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ULSTER UNIVERSITY PROFESSORS RECOGNISED IN KING’S BIRTHDAY HONOURS 2025
Congratulations to Professor Peter Flatt and Professor Louise Dubras, who were both awarded an MBE in the King’s Birthday Honours List in June 2025.
Professor Peter Flatt has made internationally recognised advances in the field of experimental diabetes, with pioneering research into pancreatic/gut hormones that has informed novel therapeutic approaches to diabetes.
Professor Louise Dubras, who joined Ulster University in 2018 as Foundation Dean of the School of Medicine, has played a pivotal role in establishing and growing the School.
To read more please visit ulster.ac.uk/news
US FOUNDER OF WASHINGTON IRELAND PROGRAMME CAROL WHEELER RECEIVES HONORARY DOCTORATE IN WASHINGTON DC
Ulster University conferred an honorary doctorate on Carol Wheeler, founder of the Washington Ireland Programme, at a ceremony in Washington DC in March 2025.
At a special event co-hosted by the Washington Ireland Programme (WIP) and Ulster University, US WIP Founder Carol Wheeler was recognised
for her outstanding contribution to peace and reconciliation.
To read more please visit ulster.ac.uk/news
ULSTER UNIVERSITY AND QUEEN’S HONOUR US SPECIAL ENVOY JOE KENNEDY III
Ulster University and Queen’s University Belfast jointly awarded former US Special Envoy for Northern Ireland Joe Kennedy III, which was the first time in history the two universities came together to jointly bestow honorary degrees.
Dr Kennedy was recognised by the universities for his unwavering commitment and contribution as US Special Envoy to Northern Ireland for Economic Affairs over a two-year period.
To read more please visit ulster.ac.uk/news
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HONORARY GRADUATES CELEBRATED AT ULSTER
Ulster University bestowed a series of Honorary Doctorates at Winter Graduations 2024 on a diverse group of honorary graduates spanning sport, business and the creative industries.
From two-time Olympians Ciara Mageean and Leona Maguire to Joyce Smyth, Music Manager of acts including The Rolling Stones and Celine Dion, Ulster University honoured a cohort of inspirational local talent.
Ulster University celebrated a further group of honorary graduates at Summer Graduations 2025, drawn from screen, sport, business and sustainability sectors. This included director and producer of hit TV series Severance, Aoife McArdle, kickboxing superstar Billy Murray and Director General of the National Trust, Hilary McGrady.
To read more please visit ulster.ac.uk/news
SAM POLLOCK, CBE, DISTINGUISHED GRADUATE OF THE YEAR 2024
Ulster University awarded Sam Pollock, CBE, former Chief Executive of the Police Ombudsman’s Office and Chair of the Western Health Trust, with the Distinguished Graduate of the Year Award 2024.
Sponsored by Allstate, the award recognised outstanding achievement and leadership in public service. Sam was presented with a bespoke trophy, designed by Belfast School of Art graduate and Graduate in Residence, Laura Bragger.
To read more please visit ulster.ac.uk/news
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ULSTER UNIVERSITY CELEBRATES FIRST COHORT OF DOCTORS TO GRADUATE
Ulster University marked a major milestone as the first cohort of graduates from the School of Medicine, in Derry~Londonderry has made history by beginning their medical careers within Northern Ireland.
CLASS OF
2024: HISTORIC MOMENT AS FIRST PARAMEDICS GRADUATE IN NORTHERN IRELAND
Ulster University's first cohort of doctors graduated in a historic ceremony in June 2025, at the Millennium Forum, with over 80% of the 69 graduates set to embark on their medical careers in the region, addressing the regional shortage
of doctors and strengthening healthcare in Northern Ireland.
To read more please visit ulster.ac.uk/news
Ulster University marked a historic milestone as the first cohort of Paramedic Science students in Northern Ireland graduated at the Millennium Forum in Derry~Londonderry in December 2024.
Supported by funding from the Department of Health, the 40 graduates completed the region’s first BSc Paramedic Sciences programme, which launched in 2021 and addresses a long-standing skills gap by enabling students to train locally for frontline paramedic careers.
To read more please visit ulster.ac.uk/news
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ULSTER ELKS HOCKEY CROWNED 2025 DENMAN ULSTER SHIELD CHAMPIONS
Congratulations to Ulster University Elks women’s field hockey club who won the 2025 Denman Shield for the first time since the 2010/11 season. This victory reflects the dedication, teamwork and sporting excellence shown by the team in ending their 15-year wait for the championship title.
To read more please visit ulster.ac.uk/news
KATE O’CONNOR STRIKES GOLD AT THE WORLD UNIVERSITY GAMES
Ulster student Kate O’Connor made history by winning a gold medal in the women’s heptathlon at the World University Games held in Rhine-Ruhr, Germany in July 2-25.
Her success highlights the University’s support for elite athletes and brings international recognition to its students.
To read more please visit ulster.ac.uk/news
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PLACE
ULSTER UNIVERSITY CROWNED UNIVERSITY OF THE YEAR 2024
2024 saw Ulster University named Times Higher Education (THE) University of the Year 2024 (UK and Ireland) in recognition of its excellence in teaching, research and civic impact.
the University’s commitment to widening access and delivering high-quality outcomes. This recognition reinforces Ulster University’s growing national and international reputation.
The award reflects the dedication of staff and students across all campuses. Judges highlighted
To read more please visit ulster.ac.uk/news
STEP FORWARD FOR ULSTER UNIVERSITY EXPANSION IN DERRY~LONDONDERRY AS CONSULTANTS FOR NEW SHARED ISLAND TEACHING BLOCK APPOINTED
The appointment of consultants marked progress on a new Shared Island teaching block in Derry~Londonderry.
Announced in 2023, the €44.5 million investment by the Government of Ireland through the Shared Island Fund is supported by circa £7m of Ulster University reserves to construct the new block, which will be situated off the Northland Road adjacent to the library, and will enhance teaching, learning and research capacity.
To read more please visit ulster.ac.uk/news
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ULSTER UNIVERSITY ANNOUNCES EXPANDED SPORTS PROVISION IN DERRY~LONDONDERRY AS FUNDING BID APPROVED FOR AIR DOME
Ulster University announced expanded sports facilities at Northland Road, Derry~Londonderry, following funding approval for an Air Dome.
The 15,000m 2 indoor arena for sports and leisure activities will be a first of its size for Northern Ireland and will deliver investment in shared sports space.
To read more please visit ulster.ac.uk/news
ECONOMY MINISTER AND VICE-CHANCELLOR ANNOUNCE LAND SECURED TO DRIVE EXPANSION IN DERRY~LONDONDERRY
Ulster University announced the purchase of the Timber Quay office block, with government partners, to support future expansion of Ulster University’s Derry~Londonderry campus.
Queens Quay and is necessary to drive forward expansion of the campus, by increasing student capacity and facilities.
To read more please visit ulster.ac.uk/news
The acquisition follows the recent acquisition of sites along
TAOISEACH SIMON HARRIS VISITS ULSTER UNIVERSITY DERRY~LONDONDERRY
Taoiseach Simon Harris T.D. visited Derry~Londonderry to discuss the University’s vision for growth in higher education provision in the North West. The visit highlighted cross-border cooperation and education’s role in regional prosperity with discussions focused on shared ambitions for growth.
The Taoiseach also delivered the 2024 John Hume and Thomas P. O’Neill Chair Peace Lecture, cohosted by the University with the John and Pat Hume Foundation.
To read more please visit ulster.ac.uk/news
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LEADING THE NEXT GENERATION OF VIRTUAL FILM PRODUCTION WITH STUDIO ULSTER LAUNCH
Studio Ulster, the world’s most advanced virtual production facilities spanning 75,000 ft², celebrated its launch, with an opening night event attended by creative industry leaders and government representatives.
To read more please visit ulster.ac.uk/news
Studio Ulster is the result of a £72 million investment, part-funded through the Belfast Region City Deal. Developed by Ulster University in partnership with Belfast Harbour and supported by Northern Ireland Screen, the facility offers large-scale virtual production stages that set new global standards for real-time filmmaking.
Studio Ulster is also home to the CoSTAR Screen Lab – one of five national research labs created under the UK-wide CoSTAR initiative.
COSTAR SCREEN LAB LAUNCH
The launch of the CoSTAR Screen Lab marked another milestone in Ulster University’s screen and creative technology strategy. Supported by UKRI and industry partners, the Lab delivers world-class virtual production research and skills development, marking a major
milestone in Northern Ireland’s growing reputation as a leader in creative screen technologies and innovation.
To read more please visit ulster.ac.uk/news
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ANNUAL REVIEW 2024-2025
TOP PLATINUM STATUS IN NORTHERN IRELAND ENVIRONMENTAL BENCHMARKING SURVEY 2024
Ulster University achieved Platinum status in the 2024 Northern Ireland Environmental Benchmarking Survey, placing it among the top organisations in the region for environmental performance. The recognition
reflects the University’s commitment to embedding sustainability across its campuses, curriculum, research and community engagement, and to delivering real-world impact through initiatives focused on
climate action, responsible management and social inclusion.
To read more please visit ulster.ac.uk/news
ULSTER UNIVERSITY IS 2ND IN THE UK FOR POSTGRADUATE RESEARCH SATISFACTION
Ulster University ranked second in the UK for postgraduate research satisfaction, demonstrating the strength of its research culture. In this year’s Postgraduate Research Experience Survey (PRES), students praised the quality of supervision, training and academic support. The result reflects sustained investment in the postgraduate research environment and positions Ulster as a leading destination for postgraduate researchers.
To read more please visit ulster.ac.uk/news
ULSTER UNIVERSITY BUSINESS SCHOOL 50TH ANNIVERSARY
Ulster University Business School (UUBS) celebrated 50 years of delivering transformational outcomes for business through a programme of events. These anniversary celebrations were launched with a landmark skills forum, with key voices gathering in Belfast for a panel discussion on Northern Ireland’s evolving skills landscape. The event reflected on five decades of impact in business education, research and policy engagement.
To read more please visit ulster.ac.uk/news
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STATE-OF-THE-ART IMMERSIVE LEARNING SUITE UNVEILED
Ulster University launched a new state-of-the-art Immersive Learning Suite at its Derry~Londonderry campus, to enhance education and community engagement, funded by the Department for
the Economy and led by the School of Education researchers. The cutting-edge facility is set to transform educational experiences for students in both further and higher education, while also
serving as a valuable resource for the local community.
To read more please visit ulster.ac.uk/news
WELCOMING NORTHERN IRELAND’S FIRST VETERINARY NURSING DEGREE COHORT
Ulster University welcomed the first cohort of students to Northern Ireland’s first degree-level veterinary nursing programme. The course addresses a critical skills shortage within the animal health sector. Students will benefit from hands-on, practicebased learning. The programme strengthens professional education provision in Coleraine.
To read more please visit ulster.ac.uk/news
2025 BELFAST TRADFEST SUMMER FESTIVAL
Belfast TradFest 2025, in partnership with Ulster University, was a successful week-long event featuring summer school masterclasses, concerts, and traditional music sessions, drawing nearly 1,000 musicians and thousands of attendees.
To read more please visit ulster.ac.uk/news
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ULSTER UNIVERSITY FOYLE CUP PARADE
Ulster University hosted the Foyle Cup Parade in July 2025. The tournament featured a recordbreaking 950 teams this year and around 20,000 players. The event brought together 250,000 visitors and local community members who paraded through campus, played on University pitches and stayed in our accommodation.
To read more please visit ulster.ac.uk/news
HAUNTED HAPPENINGS FOR HALLOWEEN
Ulster University hosted Halloweenthemed events across its campuses, engaging students, families and the wider community. This included being a partner in
Scary~LondonScary: Europe’s Largest Halloween Festival and Coleraine campus transformed into ‘Ghouleriane’ as it played host to Causeway Coast and
Glens Council’s spooktacular Halloween Happenings Festival.
To read more please visit ulster.ac.uk/news
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PARTNERSHIP
ULSTER UNIVERSITY FORMS PART OF NEW UNIVERSITY COLLABORATIVE, ‘RESEARCHPLUS’
Ulster University became a founding member of the new ResearchPlus collaboration, bringing researchfocused universities together to strengthen the UK’s research, innovation and skills agenda. One of 10 founding university partners, membership will strengthen Ulster University’s research influence, and aims to shape UK research and innovation policy.
To read more please visit ulster.ac.uk/news
UNIVERSITY OF THE YEAR RECEPTION – WASHINGTON DC
Ulster University’s Times Higher Education University of the Year (UK and Ireland) achievement was celebrated at a reception hosted by the Deputy Head of Mission at the US British Embassy, James Roscoe. The reception, at the British Ambassador’s residence in
Washington D.C., was a fantastic occasion to celebrate and make new connections in industry and education.
To read more please visit ulster.ac.uk/news
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MSC GOLF MANAGEMENT LAUNCH AHEAD OF THE OPEN 2025
A new MSc Golf Management was launched in Coleraine in advance of The Open Championship 2025. Developed in collaboration with industry and tourism partners, the new Masters is designed to cater to the growing global demand for qualified professionals in the golf industry capable of managing golf facilities, events and organisations at the highest level.
To read more please visit ulster.ac.uk/news
TOURISM SUMMIT – BEYOND THE GREEN
Ulster University hosted ‘Beyond the Green: Golf, Wellness & Hospitality Summit' in Coleraine, showcasing economic impact and regional legacy. Over 120 stakeholders from tourism and hospitality sectors, higher and further education, and local government, convened to explore how golf and major events – such as The 153rd Open – are driving strategic investment, economic growth and the future direction of tourism.
To read more please visit ulster.ac.uk/news
AI SUMMIT AT HILLSBOROUGH CASTLE
Leaders from education, government and industry gathered at Hillsborough Castle for an AI summit, hosted by the Artificial Intelligence Collaboration Centre (AICC). Discussions focused on shaping Northern Ireland’s strategic approach to artificial intelligence implementation, adoption and governance for the next decade.
To read more please visit ulster.ac.uk/news
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NEW OFFICE OF AI AND DIGITAL AT ULSTER UNIVERSITY-LED AI COLLABORATION CENTRE
First Minister Michelle O’Neill and Deputy First Minister Emma Little-Pengelly officially launched a new Office of Artificial Intelligence and Digital at the Ulster University-
led AI Collaboration Centre (AICC). This new initiative aims to transform public services and harness AI as a key economic driver for Northern Ireland.
To read more please visit ulster.ac.uk/news
£3M INVESTMENT IN ULSTER SPIN-OUT COMPANIES
A £3 million investment was announced for two Coleraine-based Ulster University life and health science spin-out companies to improve outcomes for cancer and metabolic disease patients, from Invest Northern Ireland’s £39m equity fund, Co-Fund III.
StimOxyGen and Dia Beta Labs, two spinout companies from Ulster University, have each raised £1.5m of public and private funding to assist with their growth plans.
To read more please visit ulster.ac.uk/news
BELFAST SCHOOL OF ART PARTNERSHIP WITH NCAD
Belfast School of Art announced a partnership with the National College of Art and Design (Dublin). During its 175th anniversary year, the Belfast School of Art announced a partnership with the National College of Art and Design (NCAD) in Dublin, uniting two premier institutions on the island of Ireland, and Ireland’s oldest art and design Colleges, with a shared commitment to fostering innovation, knowledge exchange and creative collaboration.
The partnership, offering students, staff and alumni the opportunity to come together and join resources to create meaningful exchanges of artistic knowledge and practice.
To read more please visit ulster.ac.uk/news
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PARTNERSHIP IN MOTION – YORK STREET STATION AND BELFAST SCHOOL OF ART COMPETITION
Translink has marked the first anniversary of the award-winning York Street Station with a special community celebration and the unveiling of a new public artwork ‘Reflections’ by Katye-
Louise Richardson, a student from Belfast School of Art.
Katye-Louise was the winner of the Translink Belfast School of Art Student Public Art
Competition, part of the Belfast School of Art’s landmark 175th anniversary celebrations.
To read more please visit ulster.ac.uk/news
DOUBLE WIN AT KTP AWARDS 2024
Ulster University secured a double win at the UK Knowledge Transfer Partnership Awards 2024, held in Birmingham.
The Best Management KTP Award recognised a partnership between Ulster University Business School, the School of Engineering and construction company Heron Bros, for delivering management innovation that supported business growth and operational excellence.
The Future Leaders Award was presented to Kate Turley, KTP Associate and PhD researcher, for her work with Chroma Lighting to develop a daylightsimulating luminaire to support people living with dementia, supervised by academics from the Schools of Computing, and Nursing and Paramedic Science.
To read more please visit ulster.ac.uk/news
ULSTER UNIVERSITY PERSONALISED MEDICINE TEAM WINS COLLABORATIVE AWARD FOR TEACHING EXCELLENCE
Ulster University’s ‘Personalised Medicine: Developing People, Place, and Partnership in a New Discipline’ team receiving a Collaborative Award for Teaching Excellence (CATE), from Advance HE.
Research and Innovation Centre on the Derry~Londonderry campus, features a unique partnership between Ulster University and the Western Health and Social Care Trust, and Derry City and Strabane District Council.
The Personalised Medicine team, located at the Clinical Translational
To read more please visit ulster.ac.uk/news
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ANNUAL REVIEW 2024-2025
ULSTER UNIVERSITY OPENS ITS DOORS TO THE LOCAL COMMUNITY AS PART OF BELFAST LEARNING FESTIVAL
The Belfast Learning Festival took place in April 2025 with a theme of ‘Creating Connections’. Ulster University welcomed the public to a variety of events
showcasing teaching, research and facilities to interest all learners in the community, and to promote lifelong learning and inclusion.
To read more please visit ulster.ac.uk/news
ART UNWRAPPED 2024 – CRISTOFANO ALLORI MASTERPIECE
Ulster University displayed ‘Saint Francis in Prayer’, a masterpiece by Italian Baroque artist Cristofano Allori, for Art Unwrapped 2024. This annual exhibition, a collaboration between Ulster University, Belfast City Council, and National Museums NI, has brought iconic art pieces closer to the public for the past six years.
To read more please visit ulster.ac.uk/news
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ANNUAL REVIEW 2024-2025
OUR VALUES
OUR VALUES SET THE TONE FOR OUR UNIVERSITY, WHERE WE ARE AND WHERE WE WANT TO GO
At Ulster University we are embarking on organisational change that will affect individuals and teams across each of our campuses, both now and in the years to come.
Our core values of Integrity, Inclusion, Collaboration and Enhancing Potential will help to underpin the work of those who have a role in supporting the University’s transformation and help to keep the needs of colleagues at the very heart of our thinking, planning and delivery.
Ulster University’s values
Achieving Excellence Together The co-created nature of our Ulster University Values provides an indication of the culture within our community. They give us direction on how we can Achieve Excellence Together, to enhance our employee and student experience, now and in the future.
We continue to work together to help facilitate and embed values driven activities and further colleague engagement at Ulster University.
Integrity At Ulster University, we are open and honest, allowing us to develop professional and positive trusting relationships.
We strive to make sound judgements, recognise each other’s contribution and understand the impact our actions can have on colleagues and students.
Collaboration Working together, we can continually build trust between individuals and teams and commit to actively listening and communicating with each other. As a University we support cross-team working and creating a transparent environment that promotes connectedness and partnerships internally and externally.
Enhancing Potential This year we have worked to enhance potential and are pioneering
in our teaching, research and professional practice. We nurture our strengths and ambitions, empowering each person to become their ‘best self’, and as a University we have recognised and rewarded excellence.
Inclusion We are an inclusive University community which celebrates individual differences and encourages inter-cultural respect always. We treat each other fairly, behaving with respect and dignity in our language and actions.
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ANNUAL REVIEW 2024-2025
FINANCIAL REVIEW
2024/25 has been a challenging year for the HE sector across the UK, and Ulster University’s 2024/25 financial results reflect this. The operating deficit of £20.2m for 2025 (2024 deficit £5.0m) reflects the increasing pressure on the University to manage and maintain its cost base in light of rising costs and activity, which have not been matched by income growth. This is largely due to the fact that income has not kept pace with inflation in relation to tuition fees and education contracts for the past few years, and there has been no inflationary growth in the funding body teaching grant for almost two decades. This has been compounded by government policy in relation to international students and visa allocations which has reduced demand from the international market and a key route for the diversification of income.
The balance sheet has been positively strengthened with total net assets increasing to £450m (2024: £445m) due to the increase in the NILGOSC pension asset position and investments made by Innovation Ulster Limited.
The outlook for the 2025/26 financial year and beyond remains challenging as the University‘s operating environment is increasingly complex and ever-changing. Ongoing activity will see the University seek to work in partnership with key stakeholders and funders to develop a financially sustainable pathway for the University to deliver against its own ambitions, and those of the NI Executive. This will require enhanced collaborative working and changes to how activity is undertaken to balance the desire and expectation of Ulster University to support delivery of NI Executive objectives in relation to regional balance and growth in Derry~Londonderry with the reality of a university delivering operational deficits. While the NI Executive is providing funding to support Derry~Londonderry expansion, the recurrent funding per student is at an unsustainable level and the University must guard against growing a lossmaking model and deliver margin growth activities.
As such, diversification of income remains a priority to mitigate against reliance on Government funding, a strategy that has been successful to date but is increasingly difficult due to wider UK Government policy on immigration and international students restricting demand. This, coupled with increased international competition for students and the move towards more in country provision by providers, is making international growth increasingly challenging. To counter this risk the University has recruited a ProVice Chancellor and Executive Dean to lead Global Engagement and is in the midst of developing a refreshed strategy for this activity, including partnership and Transnational Education (TNE) opportunities.
FINANCIAL STATEMENTS
The financial statements comprise the financial results of the University consolidated with the results of its subsidiary companies Innovation Ulster Limited and Studio Ulster Limited. The University is an independent educational charity whose legal status is derived from a Royal Charter granted in 1984. The distinctiveness of the University within the higher education sector places it within a small group of institutions that are research engaged and business focussed with significant commercialisation of research, major knowledge transfer relationships. It has a focus on contributing to economic, social and cultural development in Northern Ireland and its global standing.
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ANNUAL REVIEW 2024-2025
FINANCIAL HEALTH
Key performance indicators are set out below with an assessment on progress against the financial strategy target with red meaning action required, amber more work required and green on track. When taken together
these measures reflect the strong governance and effective management of the University’s resources in sustaining financial health in the short, medium and long term.
| Financial Sustainability | 2025 | 2024 | Status | Comments |
|---|---|---|---|---|
| Indicators | Actual | Actual | ||
| (Deficit) after deducting pension | (6.1%) | (0.9%) | This indicates the level of return | |
| provision movement as a % of income | necessary for investment in capital. | |||
| Earnings before Interest, | £2.1m | £17.3m | This is a measure of operating surplus | |
| Tax, Depreciation and | excluding accounting adjustments and finance | |||
| Amortisation (EBITDA) | charges. It is a good indicator of financial | |||
| capability to service debt and/or capital | ||||
| expenditure from internally generated cash. | ||||
| Liquidity ratio | 133 days | 231 days | This measures our ability to fund | |
| short term cash requirements. | ||||
| Net Liquidity ratio (after | 147 days | 190 days | This measures our ability to fund short | |
| pension movement) | term cash requirements after deducting | |||
| depreciation and pension movements. | ||||
| Current assets to current liabilities | 2.1:1 | 2.3:1 | An indicator of financial strength |
An indicator of financial strength to meet short term liabilities.
SUMMARY OF FINANCIAL POSITION
Key performance Indicators from the financial statements
| Year Ended 31 July | 2025 | 2024 |
|---|---|---|
| £m | £m | |
| Total Income | 304.2 | 293.1 |
| Total Expenditure | (325.9) | (220.2) |
| (Deficit)/Surplus before Other Gains and Losses | (21.7) | 72.9 |
| Operating (Deficit)* | (20.2) | (5.0) |
| EBITDA | 2.1 | 17.3 |
| Net assets | 449.6 | 445.1 |
*Represents underlying financial performance after accounting adjustments for pension liabilities and impairment.
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ANNUAL REVIEW 2024-2025
TREASURY, BORROWINGS AND INVESTMENTS
Net cash decreased £13.7m during the year. The movement in funds is summarised below:
| 2025 | 2024 | Change | |
|---|---|---|---|
| £m | £m | £m | |
| Investments and short term deposits | 63.8 | 64.3 | (0.5) |
| Cash at bank and in hand | 55.1 | 75.0 | (19.9) |
| Bank loans | (153.7) | (160.4) | 6.7 |
| Net cash | (34.8) | (21.1) | (13.7) |
During the year £30.9m cash was spent on acquiring fixed assets against which £21.7m of capital grants were received.
CASHFLOW STATEMENT 2024-2025
----- Start of picture text -----
£75.0m
£55.1m
Cash inflow from Other investing Financing
operating activity activities activites
Opening Cash Closing Cash
1 August 2024 -£8.1m -£4.7m -£7.1m 31 July 2025
SOURCES OF INCOME 2024-2025
----- End of picture text -----
33.4% 7.1% £101.6m £21.5m Funding Body Grants Other Income 43.1% 13.7% 2.7% £131.2m £41.7m £8.2m Tuition Fees and Research Grants and Investment Income, Donations Education Contracts Other Contracts and Endowments
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ANNUAL REVIEW 2024-2025
HOW WE ALLOCATED OUR RESOURCES 2024-2025
Academic Departments Staff costs: £95.7m Other: £14.6m
Research Grants and Contracts Staff costs: £14.1m Other: £17.5m
Other: £17.5m
Premises Staff costs: £4.9m Other: £52.6m
Administrative and Central Services Staff costs: £26.2m Other: £22.9m
Residences, Catering and Conferences Staff costs: £1.4m Other: £7.9m
Other: £7.9m
Academic Services Staff costs: £28.9m Other: £28.7m
Pension Adjustment Staff costs: £0.01m Other: £0.0m Other Spend Staff costs: £4.0m Other: £6.5m _including income-generating operations_
£110.3m
£31.6m
£57.5m
£49.1m
£9.3m
£57.6m £0.01m £10.5m
Total Staff Costs £175.2m
Total Other £150.7m
Total £325.9m
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ANNUAL REVIEW 2024-2025
GOVERNANCE 2024-2025
COUNCIL AND THE COMMITTEES OF COUNCIL
COUNCIL COMPOSITION
COUNCIL COMMITTEE
Ex-Officio Members
Audit and Risk Committee
Pro-Chancellors
Dr J Pyper Dr E Way
Committee Composition Ex-Officio Members Dr E Way (Chair)
Vice-Chancellor Professor P Bartholomew
Honorary Treasurer Dr D Clements (until 31/05/25) Mr H Wilson (from 01/06/25)
President of the Students’ Union
Appointed Members
Mr N Brady (from 01/09/24) Mr C Conway Mrs M Lindsay Mr D Magee (from 01/09/24)
External Independent Members Mr A Bing
Mr E Davies
Appointed Members
External Lay Members, not being members of staff or students of the University, the number of which shall be determined, as required by Council. Mr N Brady (from 01/09/24) Mr P Convery (from 01/09/24) Mr C Conway Mr J Eakin (from 01/09/24) Ms H Gelles-Ebner (from 01/05/25) Dr J Healy (until 24/03/25) Mrs M Lindsay Mr P Lobban (until 31/08/24) Mr D Magee (from 01/09/24) Mr A Moore Ms G M[c] Auley (from 01/09/24) Dr P M[c] Naney (until 31/08/24) Professor C Ross (from 01/05/25) Mr P Sheridan Mr R Sloan Mr C Trotter (from 01/09/24) Mr H Wilson (until 31/05/25)
COUNCIL COMMITTEE
People Committee
Committee Composition Ex-Officio Members
Dr J Pyper (Chair) Professor P Bartholomew (Vice-Chancellor) Dr D Clements (until 31/05/25) Dr E Way
Appointed Members
Ms G M[c] Auley (from 01/09/24)
External Independent Members
Ms G M[c] Auley (from 31/08/24) Ms J Minne Mr K Morrison
Elected Members
Two members of Academic Staff Professor A Gallagher Ms G Horgan (until 16/11/24)
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ANNUAL REVIEW 2024-2025
COUNCIL COMMITTEE
Resources Committee
Committee Composition Ex-Officio Members Dr D Clements (Chair) (until 31/12/24) Mr H Wilson (Chair) (from 01/01/25) Professor P Bartholomew (Vice-Chancellor) Dr J Pyper Mr E Davis
Appointed Members
Mr J Healy (until 24/03/25) Mr P Lobban (until 31/08/24) Dr P M[c] Naney (until 31/08/24) Mr P Convery (from 01/09/24) Mr J Eakin (from 01/09/24) Mr C Trotter (from 01/09/24) Mr H Wilson (until 31/12/24)
COUNCIL COMMITTEE
Campus Capital Development Committee
Committee Composition
Professor P Bartholomew (Vice-Chancellor) Dr D Clements (until 31/05/25) Mr H Wilson Mr A Moore Mr R Sloan Mr C Trotter (from 01/09/24)
External Independent Members
Professor P Gray Professor J Cole Dr D Clements (from 01/06/25) Mr C Trotter (until 31/08/24)
Elected Members Professor A Gallagher
External Independent Members Mr C Trotter (until 31/08/24)
STATEMENT OF PRIMARY RESPONSIBILITIES
The Council has adopted a statement of primary responsibilities which is available for download at:
ulster.ac.uk/statementofprimaryresponsibilities
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