Universities

The University of Otago

Chancellor: John Ward
Vice-Chancellor: Prof. Sir David Skegg
(Prof. Harlene Hayne from July 2011)
Main Campus Key Main Campus
Dunedin
Other Campus Key Other Campus Locations
Christchurch, Wellington, Invercargill, Auckland City (Auckland)
NZUAAU Academic Audit
Whole institution audit timeline: August–October 2011
Audit Report : March 2012
Funding by TEC
78.1% Teaching and Learning
0.1% Capability
19.9% Research
1.9% Scholarships/Learners
TEC Funding
Delivery by Level
Level 1–2
0.5% Level 3–4
1.6% Level 5–6
87.5% Level 7–8
10.4% Level 9–10
Delivery By Level
Delivery by Subject
31.0% Society and Culture
24.3% Natural and Physical Sciences
19.4% Health
11.3% Management and Commerce
5.7% Education
8.3% Other
Delivery By Subject

In 2011 the University of Otago improved its educational performance and exceeded the TEC’s financial performance guidelines.

Responsiveness

In 2011 Otago continued to collaborate on research through the Matariki network of universities. This network comprises seven universities from across the world sharing ideas and expertise on research and education. Otago undertook a number of health-related research initiatives on a broad range of national and international issues.

Otago has one Partnership for Excellence: Leading Thinkers. It also partners with six Centres of Research Excellence: the Riddet Institute; the Allan Wilson Centre; the MacDiarmid Institute for Advanced Materials and Nanotechnology; the Maurice Wilkins Centre for Molecular Biodiscovery; the National Research Centre for Growth and Development; and Ngā Pae o te Māramatanga, New Zealand’s Indigenous Centre of Research Excellence.

In 2011 the majority of Otago’s enrolments were at Levels 7–8 (88%) with postgraduate enrolments (Levels 9–10) accounting for ten percent of its provision. There were 1,016 EFTS in doctoral study in 2011, an increase of 37 from 2010. Otago’s main fields of study were Society and Culture (31%), Natural and Physical Sciences (24%) and Health (19%). The largest proportion of delivery was towards Bachelor of Science degrees (21%).

Participation rates by Māori (8% of all Otago students) and Pasifika (3%) increased slightly over the previous four years. Participation by under-25-year-olds (81%) was well above the university sector’s average (72%), and has remained steady over the past four years. In 2011 Otago had 1,737 full fee-paying international EFTS (2,078 students).

Effectiveness

Otago achieved above the university sector average for all relevant education performance indicators, with increases in course and qualification completions in 2011. Performance measures for Māori, Pasifika and students aged under 25 were all above university sector averages.

Otago underwent its whole-of-institution academic audit in August to October 2011. The review was positive overall, with recommendations covering quality assurance; academic, management and professional support; and Te Tiriti o Waitangi.

Otago received 21 percent of the 2011’s total allocation for the Performance-Based Research Fund (PBRF) – the second-largest funding amount given and proportionally the same as in 2010 – but with a monetary decrease of almost one percent. Otago increased its PBRF-eligible external research income to $91.6 million in 2011, a two percent increase on 2010.

Capability

In 2011, Otago reported a net surplus of 4.6 percent ($27.4 million), down on the 5.9 percent surplus achieved in 2010. Total revenue increased by one percent ($6.0 million) from 2010 to 2011, including $5.8 million (2.2%) in additional government revenue.

This was more than offset by increased expenses of $13.0 million (2.4% higher), of which $10.0 million was due to non-personnel costs.

Otago’s results are for the consolidated entity (including the University of Otago Foundation and the Hocken Collections) which had equity (net assets) of $236.7 million at 31 December 2011.

The majority of Otago's planned capital expenditure between 2012 and 2021 is to refurbish and replace assets, with a smaller but material amount to enhance functionality. Otago is planning an average of about $90 million per annum for capital expenditure over this ten-year period, with an increasing amount spent in out-years. The new Medical School Building in Canterbury ($54.5 million) is Otago's largest single major project between 2011 and 2021.

TES Priorities

Participation
2011 Performance Otago University
sector 
Students under 25 81% 72%
Māori 8% 10%
Pasifika 3% 6%
Course Completion
2011 Performance Otago University
sector 
All  89% 86%
Students under 25 89% 86%
Māori 83% 80%
Pasifika 72% 71%
Qualification Completion
2011 Performance Otago University
sector 
All 81% 75%
Students under 25 75% 68%
Māori 66% 62%
Pasifika 64% 54%
Overview of Educational Performance – Formal SAC Funded EFTS only
Enrolments 2009 2010 2011 % of University sector
EFTS 17,476 18,085 17,653 15%
Students 19,272 19,748 19,354 12%
Educational Performance Indicators 2009 2010 2011 University sector
Successful Course Completion 87% 87% 89% 86%
Qualification Completion 77% 74% 81% 75%
Student Retention 89% 88% 88% 79%
Student Progression L1-4 - - - 40%
Overview of Financial Performance*
Key Performance Metrics 2009 2010 2011 TEC Minimum Guidelines
Net surplus (after unusual and non-recurring items) 5.6% 5.9% 4.6% 3.0%
Net cashflow from operations 119.6% 121.0% 117.9% 111.0%
Liquid funds 38.0% 39.1% 44.6% 8.0%
3-yr average return on property, plant equipment and intangibles 5.7% 5.2% 5.5% 4.5%
Summary Financial Statements ($000) 2009 2010 2011 % of 2011 category
Revenue        
Total government revenue $247,508 $259,458 $265,249 45%
Domestic student fees $83,096 $90,360 $91,035 15%
International student fees $37,645 $42,169 $46,000 8%
Other income (including research) $190,125 $195,362 $190,629 32%
Total revenue $557,499 $586,383 $592,394 100%
Expenses        
Personnel $322,596 $341,610 $344,692 61%
Total expenses $526,401 $551,908 $564,954 100%
Net surplus (after unusual and non-recurring items) $31,098 $34,475 $27,440  
Assets        
Property, plant equipment and intangibles $1,236,489 $1,301,619 $1,312,678 83%
Total Assets $1,457,318 $1,555,583 $1,581,101 100%
Equity (net assets) $1,310,885 $1,391,781 $1,411,376  
Cashflow        
Net cashflow from operations $92,057 $102,957 $91,858  
Purchase of plant property equipment and intangibles $89,399 $71,312 $70,511  
Other        
Staffing FTE 3,683 3,751 3,749  
Total EFTS to Total staff ratio 5:1 5:1 5:1  
Total EFTS to Teaching Staff ratio (academic & tutorial) 15:1 16:1 16:1