Universities

Massey University

Chancellor: Dr Russell Ballard 
Vice-Chancellor: Hon Steve Maharey
Main Campus Key Main Campus
Palmerston North (Manawatu)
Other Campus Key Other Campus Locations
Albany (Auckland)
Wellington
NZUAAU Academic Audit
Whole institution audit timeline: August–September 2008
Audit Report : December  2008
Funding by TEC
75.0% Teaching and Learning
3.2% Capability
21.6% Research
0.3% Scholarships/Learners
TEC Funding
Delivery by Level
Level 1–2
0.3% Level 3–4
4.3% Level 5–6
84.7% Level 7–8
10.6% Level 9–10
Delivery By Level
Delivery by Subject
21.2% Management and Commerce
20.3% Society and Culture
16.1% Creative Arts
11.1% Health
10.1% Natural and Physical Sciences
21.2% Other
Delivery By Subject

Massey University’s educational performance improved in 2011 but remained below the university sector average, reflecting the challenge of having a diverse student population and a significant proportion of extramural and part-time students. Massey is financially sound overall but, despite making a surplus in 2011, it continues to perform below the TEC’s guideline for profitability.

Responsiveness

Massey remains at the forefront of agricultural and biotechnology research. In 2011 Massey created an alliance with six world-leading food research institutes. Massey also progressed its Agri-One collaboration with Lincoln University and Dairy NZ, which will pursue precision agriculture research and education. Massey has two Partnerships for Excellence projects: Future-focused NZ Equine Industry, and Agriculture and Life Sciences (in conjunction with Lincoln). It hosts two Centres of Research Excellence (CoREs): the Allan Wilson Centre for Molecular Ecology and Evolution, and the Riddet Institute and has partnerships with three CoREs.

Massey’s enrolments reduced by 896 EFTS, compared with 2010, which was in line with its agreed Investment Plan. Massey has a mixed model of delivery, with 37 percent extramural and 63 percent intramural delivery. The majority of enrolments were at Levels 7–8 (85%), an increase from 2010 (81%). Enrolments at postgraduate Levels 9–10 increased from ten percent in 2010 to 11 percent in 2011, with an increase of 51 EFTS at doctorate level. The institution’s main fields of study were Management and Commerce (21%) and Society and Culture (20%). The largest shares of EFTS enrolments were in the Bachelor of Business Studies (13%) and the Bachelor of Arts (10%).

Māori enrolments continue to remain steady, with the 2011 participation rate comparable to the university sector average. The participation rate of Pasifika students was below the university sector average, though it increased from three percent to four percent in 2011. Participation rates by under-25-year-olds increased slightly but continued to be well below the university sector average, reflecting the high proportion of extramural enrolments, which tend to comprise mature students. In 2011 Massey had 1,999 full fee-paying international EFTS (2,820 students), a large proportion of whom were enrolled for the Bachelor of Veterinary Science degree.

Effectiveness

The comparatively large proportion of extramural enrolments negatively impacted Massey’s educational performance indicators (EPIs). In 2011 all four EPIs at Massey were below the university sector average. Course completions and student progression improved in 2011, and qualification completion and student retention rates were steady. Educational performance by the TES priority groups (Māori, Pasifika and under-25-year-old students) was below university sector averages, but course completion rates improved among these students in 2011.

Massey received 14 percent of the 2011 total allocation for the Performance-Based Research Fund (PBRF), proportionally the same as in 2010. Massey’s PBRF-eligible external research income was $54.1 million, a decrease of three percent on 2010.

Capability

Massey University reported a net surplus of 1.7 percent ($7.6 million), down on the 2.4 percent surplus achieved in 2010. The university's total revenue increased by 2.2 percent ($9.3 million) from 2010 to 2011, including an increase of $1.3 million (0.7%) in government revenue.

Most of the university’s increase in revenue resulted from an extra $3.5 million (4.0%) in domestic student fees and an increase of $4.0 million (11.9%) in international student fees. The university did not achieve the TEC-recommended minimum three percent surplus, although it continues to target this level as part of its strategy.

The majority of Massey's planned capital expenditure between 2012 and 2021 is to refurbish and replace assets. The Veterinary Complex upgrade ($75.2 million) and the Hokowhitu campus relocation ($31.6 million) are the two largest capital programmes forecast over the ten-year period.

TES Priorities

Participation
2011 Performance Massey University
sector 
Students under 25 55% 72%
Māori 10% 10%
Pasifika 4% 6%
Course Completion
2011 Performance  Massey University
sector 
All  80% 86%
Students under 25 82% 86%
Māori 70% 80%
Pasifika 56% 71%
Qualification Completion
2011 Performance  Massey University
sector 
All 49% 75%
Students under 25 45% 68%
Māori 42% 62%
Pasifika 23% 54%
Overview of Educational Performance – Formal SAC Funded EFTS only
Enrolments 2009 2010 2011 % of University sector
EFTS 17,378 17,694 16,798 14%
Students 32,784 31,786 30,334 19%
Educational Performance Indicators 2009 2010 2011 University sector
Successful Course Completion 77% 78% 80% 86%
Qualification Completion 55% 48% 49% 75%
Student Retention 69% 67% 67% 79%
Student Progression L1-4 51% 21% 26% 40%
Overview of Financial Performance*
Key Performance Metrics 2009 2010 2011 TEC Minimum Guidelines
Net surplus (after unusual and non-recurring items) 0.6% 2.4% 1.7% 3.0%
Net cashflow from operations 110.6% 113.2% 117.2% 111.0%
Liquid funds 20.4% 20.2% 22.8% 8.0%
3-yr average return on property, plant equipment and intangibles 4.0% 4.3% 4.7% 4.5%
Summary Financial Statements ($000) 2009 2010 2011 % of 2011 category
Revenue        
Total government revenue $176,155 $180,827 $182,089 42%
Domestic student fees $79,588 $88,349 $91,878 21%
International student fees $34,920 $33,440 $37,419 9%
Other income (including research) $114,883 $122,803 $123,363 28%
Total revenue $405,546 $425,419 $434,749 100%
Expenses        
Personnel $237,780 $244,086 $249,612 58%
Total expenses $403,264 $415,255 $427,161 100%
Net surplus (after unusual and non-recurring items) $2,282 $10,164 $7,588  
Assets        
Property, plant equipment and intangibles $943,181 $933,937 $947,889 86%
Total Assets $1,064,125 $1,075,456 $1,098,158 100%
Equity (net assets) $924,943 $933,165 $943,407  
Cashflow        
Net cashflow from operations $39,223 $50,246 $64,503  
Purchase of plant property equipment and intangibles $61,177 $35,598 $55,744  
Other        
Staffing FTE 3,080 3,047 2,982  
Total EFTS to Total staff ratio 6:1 7:1 6:1  
Total EFTS to Teaching Staff ratio (academic & tutorial) 17:1 17:1 16:1