Institutes of Technology and Polytechnics

Otago Polytechnic

Chair: Kathy Grant
Chief Executive: Phil Ker
Main Campus Key Main Campus
Dunedin
Other Campus Key Other Campus Locations
Cromwell, Auckland
NZQA EER
Educational Performance: Highly Confident
Self-assessment: Highly Confident
Funding by TEC
96.9% Teaching and Learning
0.0% Capability
3.1% Research
0.0%Scholarships/Learners
TEC Funding
Delivery by Level
2.7% Level 1–2
25.6% Level 3–4
17.8% Level 5–6
52.8% Level 7–8
1.1%Level 9–10
Delivery By Level
Delivery by Subject
33.2% Health
13.8% Creative Arts
11.2% Management and Commerce
9.3% Society and Culture
7.9% Architecture and Building
24.7% Other
Delivery By Subject

In 2014, Otago Polytechnic continued its strong educational performance and strengthened its financial position.

Responsiveness

In the 2014 annual report, Chair Kathy Grant and Chief Executive Phil Ker highlighted several of Otago Polytechnic’s achievements, including high levels of student satisfaction demonstrated by the results of the Student Opinion Survey for 2014, which improved across all dimensions and exceeded Otago Polytechnic’s targets. Another highlight was the success of Otago Polytechnic’s graduates with 77 percent of those surveyed gaining employment immediately on graduation, 97 percent being in work or engaged in further study, and 98 percent of Māori and 100 percent of Pasifika graduates being in work or engaged in further study.

Further highlights included the recognition of Otago Polytechnic’s teachers in the national Tertiary Teaching Excellence Awards, the development of a new strategy and new branding for the Central Otago campus, which has been well received by the community. Excellent progress was made with the Tertiary Accord of New Zealand (TANZ) eCampus initiative, to better serve learners remotely. The Auckland International Campus is proving a success, with enrolments doubling and returning a surplus in 2014, its second full year of operations. Finally, the first stage of the Dunedin campus modernisation programme was successfully completed.

Otago Polytechnic’s enrolments increased by 2 percent (68 EFTS), compared with 2013. Increases were seen at Levels 6–7 with decreases across Levels 1–5. Most of Otago Polytechnic’s enrolments remained at Levels 7–8 (53%), Levels 3–4 (26%) and Levels 5–6 (18%). The main fields of study were Health (33%), Creative Arts (14%) and Management and Commerce (11%).

Participation increased slightly for all TES priority groups (Māori, Pasifika and under-25-year-olds) and remained well above the ITP sector average for under-25-year-olds at 63 percent, while Pasifika and Māori participation remained below the sector average. However, participation amongst these groups was above the regional demographic. Otago Polytechnic had 112 YG EFTS (155 students), an increase of 51 percent on 2013, and 493 full-fee paying international EFTS (765 students), a 37 percent increase on 2013.

EffectivenessTop

Otago Polytechnic again performed strongly against the EPIs where it was above the ITP sector average across all measures, performing particularly strongly against sector averages for qualification completion and student retention. Performance improved or remained on par with 2013 for all but student progression.

Performance of the TES priority groups was above ITP sector averages for Māori and under-25-year-olds across all measures. Performance for Pasifika generally went down, compared with the previous year, but was above the ITP sector averages for student retention and student progression.

YG performance generally increased, compared with the previous year, and was above or on par with the ITP sector averages. YG performance also exceeded the TEC’s minimum performance expectations against all EPIs.

Financial performanceTop

In 2014, Otago Polytechnic achieved a net surplus of $3.2 million (4.7%), an improvement of $1.2 million (56.8%) over 2013. This was driven by increases in revenue exceeding cost increases and an increased share of associate entity revenue. Otago Polytechnic’s total revenue increased by $5.6 million (8.8%) from 2013 to 2014, driven by an increase in government revenue of $2.4 million (7.2%) and increased student fees of $2.7 million (12.2%).

Total expenditure increased by $4.3 million (7%) mainly due to increases in personnel expenditure and consumables expenditure.

Total assets increased by $8.4 million (8.4%) between 2013 and 2014 to $108.4 million.

TES Priorities

Participation (SAC)
2014 Performance Otago
Polytechnic
ITP sector
Students under 25 63% 51%
Māori 14% 24%
Pasifika 4% 10%
Course Completion (SAC)
2014 Performance Otago
Polytechnic
ITP sector
All 82% 80%
Students under 25 82% 79%
Māori 76% 74%
Pasifika 66% 74%
Qualification Completion (SAC)
2014 Performance Otago
Polytechnic
ITP sector
All 90% 73%
Students under 25 73% 67%
Māori 76% 64%
Pasifika 51% 65%
Of the tertiary-aged population in the Otago Polytechnic region, 7% identified as Māori, Pasifika as 2% and 26% as under the age of 25 years (based on Census 2013).
Overview of Educational Performance
Enrolments 2014 % of ITP sector 2012 2013 2014
Student Achievement Component (SAC) EFTS 6% 3,445 3,492 3,559
SAC Students 4% 4,824 4,724 4,678
Youth Guarantee (YG) EFTS 5% - 74 112
YG Students 5% - 98 155
International full fee paying students EFTS 6% 210 360 493
International full fee paying students 5% 350 564 765
Educational Performance Indicators - SAC ITP sector 2012 2013 2014
Successful Course Completion 80% 83% 82% 82%
Qualification Completion 73% 78% 83% 90%
Student Retention 66% 67% 70% 75%
Student Progression L1-4 35% 41% 47% 41%
Educational Performance Indicators - YG ITP sector   2013 2014
Successful Course Completion 72% - 70% 72%
Qualification Completion 65% - 64% 65%
Student Retention 68% - - 70%
Student Progression L1-4 41% - - 44%
Overview of Financial Performance*
Summary Financial Statements (NZ$000) 2012 2013 2014
Revenue      
Total government revenue $33,240 $33,995 $36,429
Domestic student fees $16,134 $16,207 $16,755
International student fees $3,422 $5,526 $7,640
Total revenue $60,422 $63,635 $69,235
Expenses      
Personnel $36,262 $38,147 $40,076
Total expenses $56,986 $61,831 $66,176
Net surplus (after unusual and non-recurring items) $3,436 $2,064 $3,237
Assets      
Total Assets $96,144 $99,960 $108,394
Equity (net assets) $87,767 $89,832 $95,245
Cashflow      
Net cashflow from operations $9,000 $7,857 $10,816
Other      
Staffing FTE 461 489 504
Total EFTS to total staff FTE 8.2:1 8.2:1 8.5:1
Total EFTS to teaching staff (academic and tutorial staff FTE) 17.7:1 18.3:1 18.2:1