campus for housing whilst Avenue campus could be used for student accommodation. The Newton Building will be retained as university offices. Organisation and administration Governance The Vice-Chancellor is Nick Petford, who was preceded in the post by Ann Tate (who received an honorary degree from the university in 2011) and Martin Gaskell. On 10 February 2008, the university appointed Baroness Falkner of Margravine as its first Chancellor. In July 2017, she was succeeded by the BBC radio presenter Richard Coles. The Board of Governors are the members of the Higher Education Corporation and act both as governors and charitable trustees. There are 17 members of the Board of Governors. They are drawn from the private, public and voluntary sectors as well as from the staff and students of the university. Credit union The Changemaker Credit Union is a joint initiative between the university and Northamptonshire Credit Union, providing financial services to students and staff. Northamptonshire Credit Union is a member of the Association of British Credit Unions Limited. Academic profile The university had students spread across its two campuses in . It is divided into four faculties: the Faculty of Business & Law, the Faculty of Arts, Science & Technology, the Faculty of Health & Society; and the Faculty of Education & Humanities. The university offers a wide range of undergraduate degrees, foundation degrees, diplomas and a variety of postgraduate opportunities up to PhD level. Reputation and rankings In the 2012 Guardian University League Table, the university was ranked first for 'value added' in UK. The university was awarded 'The Outstanding HEI Supporting Social Entrepreneurship Award' at the UnLtd/HEFCE ‘Dare to be Different’ national conference in June 2011. and has also been named the Midlands most 'Enterprising University of the Year' for both 2011 and 2012, in recognition of its work in social enterprise. In February 2013, the university received international recognition for its commitment to social innovation and entrepreneurship by being designated a 'Changemaker Campus' by Ashoka U. Northampton is the first Changemaker Campus in the UK and joins a global network of 21 other Changemaker Campuses. Research In the 2008 Research Assessment Exercise (RAE) the university achieved significant ratings in Business and Management; Health; Education; History; Metallurgy and Materials; English; Drama, Dance and Performing Arts; Art and Design; and Asian Studies. In the most recent 2014 Research Excellence Framework (REF), "world leading" research was found in submissions for