In April 2012, the Ministry of Education and Culture decided on rationalisation objectives for universities of applied sciences, resulting in 149 study places being cut at JAMK University of Applied Sciences. The cuts have initiated rationalisation measures in the past year, and the result for the financial year, MEUR 1.9, shows that the measures have been successful.
The Group’s turnover and other operating income totalled MEUR 60.8, and the student income included in the turnover amounted to MEUR 46.8. The Group has not needed external capital to fund its activities. Project funding for research and development activities totalled MEUR 8.1, an increase of 12.2% from the previous year.
The number of personnel decreased slightly. JAMK employs a total of 646 people in teaching and support services. In the autumn semester, the total number of students in degree-awarding education, specialisation studies and at the Teacher Education College was 7,941, and continuing education was provided to nearly 8,000 participants, including representatives of companies and the public sector as well as private persons.