Massey University’s educational performance improved on the previous year but remained below the university sector average, reflecting the challenge of a diverse student population and the significant proportion of extra-mural and part-time students. Massey remained in a sound financial position in 2012 and had improved on 2011 results.
In the Annual Report, Chancellor Dr Russell Ballard described the significance of Massey’s distance education programme and how it serves the needs of New Zealanders from a variety of backgrounds who would not otherwise have access to university education. The relevance and quality of Massey’s distance education programme is attested by the number of students it attracts, with half of Massey’s students enrolled in distance mode. Amongst the key benefits of distance education is that it provides a major channel for access to tertiary education for Māori and Pasifika. It also provides a more rapid return on education investment than traditional pathways for those part-time learners already in employment seeking to advance their careers.
The Vice-Chancellor, Hon Steve Maharey, outlined how the university had been positioning itself for the future. New academic developments included a new College of Health; a specialised Institute of Education, concentrating on research-led graduate and post-graduate teacher education programmes; and an Infectious Disease Research Centre. New campus facilities included the College of Creative Arts building on the Wellington campus and a Student Amenities Centre on the Albany campus. The university also announced a $75 million upgrade to its veterinary school, completed plans to establish New Zealand’s first Master of Journalism degree in 2013 and started a new four-year Māori immersion teaching degree ‘Te Aho Tātairangi’, the only course of its kind in New Zealand.
In 2012, Massey’s SAC-funded enrolments remained at similar levels to the previous year, with an increase of 80 EFTS. Massey’s delivery was primarily focused at Levels 7–8 (84%) and Levels 9–10 (11%). The main fields of study were Management and Commerce (22%), Society and Culture (20%) and Creative Arts (16%).
Māori participation was slightly above the university sector average at 11 percent, while Pasifika participation was below average at 4 percent. Massey was well below the university average for participation of under-25-year-olds, reflecting Massey’s high proportion of extramural and part-time enrolments, which tend to comprise students over 25 years. In 2012, Massey had 2189 full fee-paying international EFTS (3034 students), an increase of 9.5% in EFTS compared with 2011.
Massey’s comparatively high volume of extramural enrolments (around 50% of students) continued to negatively impact its performance against the educational performance indicators (EPIs). In 2012, Massey was below the university sector average for each of the four EPIs. However, the university made gains on the previous year, with a substantial increase in qualification completion (up from 49% in 2011 to 72% in 2012) and student retention (up from 67% in 2011 to 72% 2012).
Educational performance of the TES priority groups (Māori, Pasifika and under-25-year-olds) was below the university sector average for each group. However, steep increases occurred in qualification completion for Māori (up from 42% in 2011 to 57% in 2012), Pasifika (up from 23% in 2011 to 51% in 2012) and under-25-year-olds (up from 45% in 2011 to 63% in 2012).
In December 2012, Chris Kelly was elected Pro Chancellor and replaced Dr Alison Paterson, who remained a member of the council. Also in December, Michael Ahie was appointed by the Minister for Tertiary Education, Employment and Skills to replace Professor Sir Ngatata Love who had resigned.
Total revenue increased by $11.3 million (2.6%) from 2011 to 2012. Additional government revenue and student tuition fees were partially offset by a decrease in other income.
Massey reported a net surplus of $9.6 million (2.2%), which was up on the 2011 result of $7.6 million (1.7%).
Massey recognised asset impairment losses of $11.3 million in 2012, mainly arising from a seismic evaluation of its buildings. These impairment losses resulted in a net decrease in the university’s net assets of $1.7 million to $941.7 million.
|2012 Performance||Massey |
|Students under 25||55%||73%|
|2012 Performance||Massey |
|Students under 25||81%||86%|
|2012 Performance||Massey |
|Students under 25||63%||72%|
|Overview of Educational Performance – Formal SAC Funded EFTS only|
|Enrolments||% of University sector||2010||2011||2012|
|Educational Performance Indicators||University sector||2010||2011||2012|
|Successful Course Completion||86%||78%||80%||80%|
|Student Progression L1-4||62%||21%||26%||22%|
|Overview of Financial Performance*|
|Summary Financial Statements ($000)||2010||2011||2012|
|Total government revenue||$180,827||$182,089||$181,904|
|Domestic student fees||$88,349||$91,878||$98,798|
|International student fees||$33,440||$37,419||$42,220|
|Other income (including research)||$122,803||$123,363||$123,125|
|Net surplus (after unusual and non-recurring items)||$10,164||$7,588||$9,594|
|Property, plant, equipment and intangibles||$933,937||$947,889||$949,782|
|Equity (net assets)||$933,165||$943,407||$941,689|
|Net cashflow from operations||$50,626||$64,120||$55,803|
|Purchase of property, plant, equipment and intangibles||$35,598||$55,744||$55,412|
|Total EFTS to total staff FTE ratio||7 : 1||6 : 1||7 : 1|
|Total EFTS to teaching staff FTE ratio (academic and tutorial)||17 : 1||16 : 1||17 : 1|