Massey University

Chancellor: Chris Kelly
Vice-Chancellor: Hon Steve Maharey
Main Campus Key Main Campus
Palmerston North
Other Campus Key Other Campus Locations
North Shore, Auckland, Wellington
AQA Academic Audit
Whole institution audit timeline: November 2013
Audit Report: March 2014
Funding by TEC
76.1% Teaching and Learning
21.9% Research
0.1% Scholarships/Learners
TEC Funding
Delivery by Level
0.0% Level 1–2
0.9% Level 3–4
4.8% Level 5–6
82.7% Level 7–8
11.6% Level 9–10
Delivery By Level
Delivery by Subject
21.2% Management and Commerce
21.1% Society and Culture
15.2% Creative Arts
12.3% Health
10.1% Natural and Physical Sciences
20.1% Other
Delivery By Subject

Massey University (Massey) continued to improve its educational performance and remained in a sound financial position in 2014.


In the 2014 annual report, Chancellor Chris Kelly highlighted several of Massey’s achievements. These included celebrating 50 years as a fully-fledged, stand-alone university, the launch of the Massey Worldwide project, encompassing various international education initiatives, and its new strategy, Shaping the Nation and Taking the Best to the World, The Road to 2025. He further cited a series of infrastructure projects, including refurbishment of the Veterinary Tower at Manawatū, seismic strengthening of all Wellington buildings and construction of a student accommodation block at Albany.

Vice-Chancellor Steve Maharey also recognised several of Massey’s achievements, including completing stage one of the integrated Massey curriculum project, which included new degrees in retail and creative media production, a fundamental review and relaunch of the Bachelor of Arts, and the launch of four new applied research centres – Pacific Research and Policy, the New Zealand Indigenous Flora Seedbank, the AL Rae Centre for Quantitative Genetics and the Massey Agricultural Experiment Station. Other achievements included ranking as the New Zealand education sector’s most attractive employer brand in the Randstad Awards, securing further funding for the Riddet Institute CoRE and being selected as the host of the Government’s new Food Safety Science and Research Centre.

Massey’s enrolments fell by 3 percent (506 EFTS) in 2014. Its delivery was primarily focused at Levels 7–8 (83%) and Levels 9–10 (12%), with provision concentrated in Management and Commerce (21%), Society and Culture (21%) and Creative Arts (15%).

Māori participation (11%) was slightly above the university sector average, while Pasifika participation (4%) was below the average. Massey was well below the university average for participation of under-25-year-olds, at 56 percent (the sector average was 75 percent), reflecting Massey’s high proportion of extramural and part-time enrolments, which tend to comprise students aged over 25 years. Massey had 2,322 full-fee paying international EFTS (3,224 students).


Massey’s comparatively high volume of extramural enrolments (around 39%) continued to affect its performance against the EPIs, compared with other New Zealand universities. In 2014, Massey was below the university sector average for all EPIs except student progression where, at 68 percent, it was significantly higher (18 percentage points) than the sector average.

Educational performance for all TES priority groups (Māori, Pasifika and under-25-year-olds) was below the university sector averages for each indicator except student progression, which was above the sector average for all groups. There were, however, significant improvements in both course and qualification completions for Pasifika (5 percentage points and 13 percentage points respectively). Qualification completion and student retention increased for Māori by 4 percentage points and 2 percentage points respectively. These improvements are the benefits resulting from a more targeted approach to student recruitment, retention and progression.

Financial performanceTop

In 2014, Massey achieved a net surplus of $9.1 million (2.0%), an improvement of $0.8 million (9.4%) over 2013, driven by increases in total revenue and a $0.2 million share of associate entity profits.

Despite a $3.8 million (–2.1%) reduction in government revenue, Massey’s total revenue increased by $4.6 million (1.0%) from 2013 to 2014. This was primarily due to a $4.5 million (9.4%) increase in international student fees, a $1.2 million (1.2%) increase in charges for services and a $1.1 million increase in other asset domains relating to livestock and forestry valuations and other agri-linked resources.

Despite an increase in personnel expenditure of $8.6 million (3.4%), total expenditure only increased by $4.0 million (0.9%) mainly due to cost savings secured across direct operating costs.

Total assets have increased by $131.9 million (12.0%) between 2013 and 2014 to $1.2 billion. Total equity has also increased by $113.8 million to exceed $1 billion for the first time.

TES Priorities

Participation (SAC)
2014 Performance Massey
Students under 25 56% 75%
Māori 11% 10%
Pasifika 4% 7%
Course Completion (SAC)
2014 Performance Massey
All 80% 86%
Students under 25 81% 86%
Māori 70% 80%
Pasifika 57% 71%
Qualification Completion (SAC)
2014 Performance Massey
All 77% 81%
Students under 25 67% 74%
Māori 64% 66%
Pasifika 47% 55%
Overview of Educational Performance
Enrolments 2014 % of University sector 2012 2013 2014
Student Achievement Component (SAC) EFTS 13% 16,874 16,100 15,594
SAC Students 18% 29,548 28,263 27,277
International full fee paying students EFTS 16% 2,189 2,312 2,322
International full fee paying students 17% 3,034 3,329 3,224
Educational Performance Indicators - SAC University sector 2012 2013 2014
Successful Course Completion 86% 80% 80% 80%
Qualification Completion 81% 72% 78% 77%
Student Retention 84% 72% 75% 76%
Student Progression L1-4 50% 22% 58% 68%
Overview of Financial Performance*
Summary Financial Statements (NZ$000) 2012 2013 2014
Total government revenue $179,003 $185,462 $181,632
Domestic student fees $97,762 $97,431 $97,269
International student fees $42,048 $47,630 $52,125
Total revenue $440,742 $445,126 $449,712
Personnel $253,270 $254,861 $263,441
Total expenses $431,623 $436,776 $440,824
Net surplus (after unusual and non-recurring items) $9,119 $8,350 $9,134
Total Assets $1,088,188 $1,101,315 $1,233,178
Equity (net assets) $938,841 $949,464 $1,063,256
Net cashflow from operations $56,686 $62,183 $72,467
Staffing FTE 2,972 2,994 3,013
Total EFTS to total staff FTE 6.6:1 6.4:1 6.2:1
Total EFTS to teaching staff (academic and tutorial staff FTE) 17.1:1 16.8:1 16.2:1