University-wide Key Performance Indicators 2006

Transcription

1 University-wide Key Performance Indicators 2006

2 Foreword This is the second year in which we have published our Key Performance Indicators in booklet form, using traffic light colours to identify our progress towards stretch targets. The first edition was well-received and led to widespread discussion around the university about our institutional performance. This year we have added some new indicators, but sparingly so that as a set of key ones they remain relatively memorable and stable. The full set of internal performance indicators can be found at I hope that you find these Key Performance Indicators useful as a guide to our progress and as an aid to deciding how we should use our resources wisely so as to reach our goals. As I said last year, our aim is to be a green university. Professor Stephen Parker Senior Deputy Vice-Chancellor 2006 List of abbreviations AGAAP Australian Generally Accepted Accounting Principles AIFRS ANU AVCC CEQ GCCA GDS DEST EFTSL FT GDS GJ Go8 HDR HEW IAF LTPF NCG PT SES SJTU Australian Equivalents to International Financial Reporting Standards Australian National University Australian Vice-Chancellor s Committee Course Experience Questionnaire Graduate Careers Council of Australia Graduate Destination Survey Department of Education, Science and Training Effective Full-time Student Load Full-time Graduate Destination Survey Gigajoules Group of Eight Higher Degree Research Higher Education Worker Institution Assessment Framework Learning and Teaching Performance Fund National Competitive Grants Part-time Socio-economic Status Shanghai Jiao Tong University TEFMA Tertiary Education Facilities Managers Association THES UNSW UQ UWA VTAC Times Higher Education Supplement University of New South Wales University of Queensland University of Western Australia Victorian Tertiary Admissions Centre Legend Notes Meeting aspirations Needing improvement Needing critical attention 1 A full performance indicators report is available on the Monash website: Please see Appendix A for dashboard indicator signals. All data is reported in the year it was published. 2 The liquidity ratio is the Monash preferred measure whilst the current ratio is used by DEST. For further explanation, please see section 9 (pg 17). The colour code relates to performance against the Monash measure. 3 Go8 average is calculated by summing the Go8 figures then dividing by eight. It is a simple way of measuring the average performance of a Go8 university and results may be distorted due to extreme values.

3 Overview Measures Target (2008) Reputation SJTU Academic Ranking of World Universities Top 150 (world) THES World University Ranking Top 25 (world) Newsweek Global University Ranking new 73 Top 50 (world) Research Share of NCG 6th 7th 7th 8th 7th 6th Top 3 in Go8 Share of non-ncg 6th 5th 4th 5th 4th 4th Top 3 in Go8 Share of total research income new 5th 5th 5th 5th 5th 4th Top 3 in Go8 Share of weighted publications new 5th 4th 4th 4th 4th 3rd Top 3 in Go8 Share of HDR completions 4th 5th 4th 4th 5th Top 3 in Go8 Share of HDR student load 5th 5th 5th 5th Top 3 in Go8 Education Share of top 5% students 22.7% 25.0% 27.2% 26.5% 33.5% 3 (VTAC) CEQ: Good teaching 7th 7th 6th 6th 8th Top 3 in Go8 CEQ: Generic skills 5th 8th 6th 6th 8th Top 3 in Go8 CEQ: Overall satisfaction 5th 7th 6th 6th 7th Top 3 in Go8 GDS: Employability of graduates 4th 5th 7th 7th 8th Top 3 in Go8 GDS: Further FT/PT study new 8th 8th 8th 7th 7th Top 3 in Go8 Progression rate new Attrition rate new Top 3 in Go8 Top 3 in Go8 Learning and Teaching Performance Fund 6th Top 3 in Go8 International Share of international HDR student load 6th 6th 6th 6th Top 3 in Go8 Share of international research funding new 6th 6th 6th 6th 6th Top 3 in Go8 Equity Access for students with low SES 3rd 4th 4th 3rd 3rd Top 3 in Go8 Access for Indigenous students 7th 7th 7th 8th 8th Top 3 in Go8 Women in senior positions 4th 4th 3rd 4th 3rd Top 3 in Go8 Environment Energy consumption new 5th 7th 5th 7th 7th Top 5 in Go8 Advancement Share of donations and bequests - new 4th 4th Top 3 in Go8 Share of non-dest domestic student load new 3rd 3rd 3rd 4th Top 3 in Go8 Share of international student load 1st 1st 1st 1st Top 3 in Go8 Finance Profit margin % 5.0% Liquidity Ratio (DEST Current ratio) (1.2) 2.9 (0.9) 2.0 (0.7) 2.2 (0.5) 2.2 (0.6) Debt to equity Under 25.0% University-wide KPI 2006

4 1. Reputation Shanghai Jiao Tong Academic Ranking of World Universities Go8 Institution Target (2008) Australian National University Monash University University of Adelaide University of Melbourne University of New South Wales Top 150 in the world University of Queensland University of Sydney University of Western Australia In 2006, Monash remained in the band. ANU rose from 56th to 54th; Melbourne from 82nd and 78th and UWA jumped into the band after two of its researchers were awarded the Nobel Prize. Based on 6 indicators: Alumni winning Nobel Prizes and Fields Medals (10%); Staff winning Nobel Prizes and Fields Medals (20%); Highly cited researchers (20%); Articles published in Nature and Science (20%); Articles in Science Citation Index-expanded, Social Science Citation Index, and Arts & Humanities Citation Index (20%); and Academic performance with respect to the size of an institution (10%). Care is required in comparing rankings between years, due to modifications in the ranking methodology rankings based on data collected from 2001 to 2005 except for Alumni (from 1901) and Award (from 1911) which have different weightings for different time periods. Compiled by Shanghai Jiao tong University: Adelaide ANU Melbourne Monash Sydney UNSW UQ UWA 2 Monash University

5 Times Higher Education Supplement World University Rankings Go8 Institution Target (2008) Australian National University Monash University University of Adelaide 56 =80 =105 University of Melbourne University of New South Wales Top 25 in the world University of Queensland University of Sydney 40 =38 =35 University of Western Australia 96 =80 =111 Monash ranked 38th overall, dropping from 33rd (in 2004 and 2005) and is the fourth best performing Australian institution. Although its ranking slipped, Monash improved in all measures, in particular recruiter review and faculty/student measures. new Based on 6 indicators: Peer review (40%); Recruiters review (10%); International faculty (5%); International students (5%); Faculty/ student (20%); and Citations/faculty (20%). Care is required in comparing rankings between years, due to modifications in the ranking methodology scores based on peer surveys conducted in ; recruiters surveys in ; 2005 student and staff data and citation data. Compiled by QS Network and Evidence for Times Higher Education Supplement: worldrankings Adelaide ANU Melbourne Monash Sydney UNSW UQ UWA Newsweek Global University Ranking new Go8 Institution 2006 Target (2008) Australian National University 38 Monash University 73 University of Adelaide University of Melbourne 53 University of New South Wales 64 Top 50 in the world University of Queensland 91 University of Sydney 50 University of Western Australia 78 Monash ranked 73rd, the fifth most highly ranked Australian institution. 7 Australian universities (all Go8) emerged in the top 100, of which ANU and Sydney were in the top 50. new Based on 8 indicators: 50% of the score came from three equally weighted measures used by SJTU ranking: Highly cited researchers; Articles published in Nature and Science (N&S); Articles in Science Citation Index-expanded, Social Science Citation Index, and Arts & Humanities Citation Index; 40% from four equally weighted measures from THES ranking: International faculty; International students; Student/faculty score; and Citations/ faculty; and 10% from library holdings (number of volumes). Based on data collected by SJTU and THES (and an additional indicator of library holdings) and compiled by Newsweek. See previous page for explanation ANU Sydney Melbourne UNSW Monash UQ UWA University-wide KPI 2006

6 2. Research Share of national competitive grants 2000 Ranking in Go8 6th 7th 7th 8th 7th 6th Monash 7.3% 7.1% 6.9% 7.1% 7.1% Go8 average 3 8.9% 8.8% 9.1% 9.2% 9.2% Top 3 Top performing Go8 university 12.8% 13.6% 14.3% 13.4% 12.7% Monash s share of national competitive grants (NCG) remained the same in Its ranking improved due to a fall in Adelaide s share from 7.3% in 2003 to 6.9% in In 2005, Monash ranked sixth. Monash s share of NCG (category 1) as a proportion of all NCG (category 1) received by all Australian universities who are members of the AVCC. Data published by AVCC. Data enabling 2005 ranking was made available through the research offices of Go8 institutions % 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Share of non-national competitive grants 2000 Ranking in Go8 6th 5th 4th 5th 4th 4th Monash 6.4% 7.2% 8.1% 7.9% 7.9% Go8 average 7.9% 8.0% 8.1% 8.1% 7.9% Top 3 Top performing Go8 university 11.7% 12.0% 11.9% 13.4% 13.2% In 2004, Monash s share of non-ncg remained stable at 7.9%. The performance of four of the Go8 universities declined in 2004, resulting in Monash s improved ranking. new Monash s share of non-ncg (categories 2, 3 and 4) as a proportion of all non-ncg (categories 2, 3 and 4) received by all Australian universities who are members of the AVCC. Category 2 funding includes funding from the public sector, category 3 includes Australian grants and contract, international funding and donations and category 4 funding includes income from co-operative research centres. Data published by AVCC. Data enabling 2005 ranking was made available through the research offices of Go8 institutions. 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Monash University

7 Share of total research income new 2000 Ranking in Go8 5th 5th 5th 5th 5th 4th Monash 6.8% 7.1% 7.6% 7.5% 7.5% Go8 average 8.3% 8.4% 8.5% 8.6% 8.5% Top 3 in the Go8 Top performing Go8 university 11.3% 11.8% 12.5% 13.4% 13.0% In 2004, Monash s share of total research income also remained the same at 7.5%, ranking fifth. Only two Go8 universities (Sydney and UWA) improved their share in In 2005, Monash ranked fourth. Monash s share of total research income as a proportion of all research income received by all Australian universities who are members of the AVCC. Data published by AVCC. Data enabling 2005 ranking was made available through the research offices of Go8 institutions % 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Share of weighted publications new 2000 Ranking in Go8 5th 4th 4th 4th 4th 3rd Monash 7.0% 7.2% 7.4% 7.4% 7.3% Go8 average 7.0% 7.0% 6.8% 6.7% 6.6% Top 3 in the Go8 Top performing Go8 university 8.7% 8.5% 9.0% 8.1% 9.0% In absolute terms, Monash s weighted publications increased by 12.5% although its share fell in Its ranking remained at fourth in 2004 and improved in Monash s share of weighted publications as a proportion of all weighted publications in all Australian universities who are members of the AVCC. A publication must conform to the definition provided by DEST and this is weighted according to publication type: book (5 points); book chapter (approx 1 point); peer reviewed scholarly journal (1 point); and peer reviewed full conference paper in proceedings (1 point). Data published by AVCC. Data enabling 2005 ranking was made available through the research offices of Go8 institutions. 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% University-wide KPI 2006

8 Share of HDR completions Target (2008) Ranking in Go8 4th 5th 4th 4th 5th Monash 7.3% 7.3% 7.8% 7.1% 6.9% Go8 average 6.9% 7.0% 6.9% 6.6% 6.9% Top 3 in the Go8 Top performing Go8 university 10.8% 11.0% 11.4% 7.6% 11.3% Monash s share of HDR completions fell from 7.1% to 6.9% in 2004, ranked fifth. In absolute terms, Melbourne and UNSW were the top performers, with increases of more than 50% from previous year. Monash s share of HDR completions as a proportion of all HDR completions in all Australian universities who are members of the AVCC. Data published by AVCC. 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Share of HDR student load Target (2008) Ranking in Go8 5th 5th 5th 5th Monash 6.5% 6.6% 6.5% 6.4% Go8 average 6.3% 6.4% 6.5% 6.5% Top 3 Top performing Go8 university 9.1% 9.2% 9.6% 9.4% In absolute terms, Monash s HDR student load increased slightly in 2005 although its share declined to 6.4%. Monash retained its fifth ranking with. Monash s share of HDR student load as a proportion of all HDR student load in Australian universities. Data as collected by DEST. 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Monash University

9 3. Education Share of top 5% students Target (2008) Monash University 22.7% 25.0% 27.2% 26.5% 33.5% University of Melbourne 61.1% 58.3% 58.1% 57.6% 53.4% 30% (VTAC) Monash s share of the top 5% of Victorian Tertiary Admissions Centre (VTAC) entrants increased from 26.5% in 2005 to 33.5% in The growth can be attributed both to Melbourne s reduced VTAC undergraduate intake and to the introduction of new courses at Monash, such as physiotherapy and combined degrees with aerospace engineering. new Monash s share of enrolled domestic current Year 12 and International Baccalaureate (IB) students who attended secondary school in Victoria with ENTER scores of 95 and above as a proportion of all those students in all Victorian universities. Data as collected by VTAC Monash Two-yr moving av (Monash) Melbourne 2008 Target CEQ: Good teaching Ranking in Go8 7th 7th 6th 6th 8th Monash 38.0% 39.5% 43.8% 44.8% 44.7% Go8 average 39.8% 44.4% 45.2% 47.0% 49.6% Top 3 Top performing Go8 university 45.8% 52.8% 49.8% 56.4% 54.7% The level of satisfaction in good teaching increased from 2001 to 2004 and remained stable in 2005, but the rank relative to the Go8 declined. In 2005, ANU, the top performing Go8 university, achieved 54.7%. new DEST-defined measure used in LTPF (based on unadjusted data). The proportion of domestic bachelor students who completed their degree program in the previous year who were satisfied ( Agree and Strongly agree ) with good teaching. Previous KPI reports used DEST s former definition which included neutral responses data is based on students who completed in 2004 and compiled by GCA (surveys conducted in Oct 2004 and April 2005) University-wide KPI 2006

10 CEQ: Generic skills Ranking in Go8 5th 8th 6th 6th 8th Monash 68.7% 66.7% 71.4% 71.5% 71.2% Go8 average 69.2% 72.2% 73.3% 73.4% 73.6% Top 3 Top performing Go8 university 75.8% 81.6% 80.8% 82.4% 76.4% Monash s performance in generic skills increased to 71.4% in 2003 and remained stable to 2005, but its rank declined in new DEST-defined measure used in LTPF (based on unadjusted data). The proportion of domestic bachelor students who completed their degree program in the previous year who were satisfied ( Agree and Strongly agree ) with generic skills. Previous KPI reports used DEST s former definition which included neutral responses data is based on students who completed in 2004 and compiled by GCA (surveys conducted in Oct 2004 and April 2005) CEQ: Overall satisfaction Ranking in Go8 5th 7th 6th 6th 7th Monash 68.0% 66.9% 68.5% 68.5% 68.1% Go8 average 68.8% 69.9% 70.7% 71.6% 71.2% Top 3 Top performing Go8 university 74.5% 75.1% 76.6% % Students overall satisfaction remained stable at about 68% from 2003 to There is a ten percentage point difference between Monash and the top performing Go8 university. new DEST-defined measure used in LTPF (based on unadjusted data). The proportion of domestic bachelor students who completed their degree program in the previous year who were satisfied ( Agree and Strongly agree ) with the overall quality of their courses. Previous KPI reports used DEST s former definition, which included neutral responses data is based on students who completed in 2004 and compiled by GCA (surveys conducted in Oct 2004 and April 2005) Monash University

11 GDS: Employability of graduates Ranking in Go8 4th 5th 7th 7th 8th Monash 85.8% 81.1% 80.4% 79.2% 78.7% Go8 average 85.5% 82.7% 81.5% 82.6% 83.5% Top 3 Top performing Go8 university 90.5% 89.3% 85.0% 86.2% 88.8% The full-time employment rate decreased to 78.7% in In contrast, the overall Go8 employment rate increased to 83.5%. new DEST-defined measure used in LTPF (based on unadjusted data). The proportion of domestic bachelor students who completed their degree program in the previous year who are in full-time employment 4 months after completion of their course. Expressed as a proportion of all graduates available for full-time work data is based on students who completed in 2004 and compiled by GCA (surveys conducted in Oct 2004 and April 2005) GDS: Further FT/PT study new Ranking in Go8 8th 8th 8th 7th 7th Monash 33.3% 28.9% 32.7% 37.9% 35.0% Go8 average 46.1% 47.8% 44.0% 44.9% 41.2% Top 3 Top performing Go8 university 61.2% 60.1% 54.3% 56.5% 53.6% The proportion of students proceeding to further study increased to 37.9% in 2004 but fell in Except for ANU and Sydney, other Go8 universities also experienced a decline in Since 2002, there has been a downward trend in both the Go8 average and the performance of the top Go8 universiy. DEST-defined measure used in LTPF (based on unadjusted data). The proportion of domestic bachelor students who completed their degree program in the previous year who proceeded to further fulltime or part-time study data is based on students who completed in 2004 and compiled by GCA (surveys conducted in Oct 2004 and April 2005) University-wide KPI 2006

12 Progression rate new Ranking in Go8 Monash 87.9% 88.4% 89.2% 88.9% 87.4% Go8 average 89.2% 89.9% 90.7% 91.2% 89.9% Top 3 Top performing Go8 university Monash s progression rate dropped to 87.4% in It remained below the Go8 average. This measure can have alternative interpretations. A low rate may indicate poor quality teaching or courses with high standards that are difficult for students to pass. DEST has yet to publish national data to allow comparisons. DEST-defined measure reported in IAF. All domestic bachelor student load passed within a year compared with total domestic bachelor student load attempted. This definition excludes work experience in industry students. Data collected by DEST Attrition rate new Target (2008) Ranking in Go8 Monash 15.4% 16.0% 14.1% 13.6% Go8 average 14.2% 15.6% 13.6% 12.6% Top 3 Top performing Go8 university Monash s attrition rate fell between 2002 and 2004 but remained above the Go8 average. This measure can have alternative interpretations. A low rate may indicate good student support or a low standard is expected of students. It should be noted that a proportion of dropouts may have enrolled at another institution. A related measure, the retention rate, is used as part of the LTPF ranking calculation. This measure is not included in the report, as data are not currently available. DEST-defined measure reported in IAF. The number of non-continuing domestic bachelor students who have not completed their course, as a percentage of the number of domestic commencing bachelor students in the previous year data is based on all bachelor students in 2003 who did not continue in Data collected by DEST Monash University

13 Learning and Teaching Performance Fund Ranking in Go8 6th Target (2008) Science, Computing, Engineering, Architecture & Agriculture 8th Business, Law & Economics 7th Humanities, Arts & Education 6th Top 3 Health 3rd Overall ranking 14th In 2006, the outcomes were reported in four broad discipline groups. Monash received funding in two disciplines: Humanities, Arts & Education and Health, ranked sixth and third respectively in the Go8. Only Melbourne and Queensland received funding in all four disciplines. ANU received funding in three of the disciplines in which it was judged (ANU does not offer health courses). The LTPF is based on seven indicators: CEQ: Good teaching; CEQ: Generic skills; CEQ: Overall satisfaction; GDS: FT employment; GDS: FT/PT study; Progress rate and Retention rate, of which some are reported separately in this report. Changes in the 2007 methodology include equally weighted indicators, PT students included in further study indicator; all domestic bachelor students included in progress rate; and outcomes reported in four discipline areas ranking is based on 2004 and 2005 data collected by DEST and used as a basis of funding for Sci, Comp, Eng, Arch & Bus, Law & Hum, Arts & Agri Econ Edu Health Adelaide ANU Melbourne Monash Sydney UNSW UQ UWA University-wide KPI 2006

14 4. International Share of international HDR student load Target (2008) Ranking in Go8 6th 6th 6th 6th Monash 5.5% 5.8% 5.8% 6.1% Go8 average 6.4% 6.5% 6.6% 6.5% Top 3 Top performing Go8 university 8.9% 8.8% 8.6% 8.6% Monash s share of HDR student load improved, reaching 6.1% in However, its rank with remained at sixth. Monash s share of international HDR student load as a proportion of all international HDR student load in Australian universities. Excludes international students at overseas campuses. Data collected by DEST. 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Share of international research funding new Target (2008) Ranking in Go8 6th 6th 6th 6th 6th Monash 5.2% 5.5% 5.4% 7.6% 7.1% Go8 average 9.1% 9.5% 10.5% 10.2% 10.1% Top 3 Top performing Go8 university 19.8% 25.0% 26.7% 20.5% 24.1% Monash s share of international funding increased from 2000 to 2003 but declined slightly in Its ranking with has remained at sixth. Sydney was consistently the top performing university between 2000 and There was a 12 percent point difference between Sydney and the second top performing Go8 university in Monash s share of funding received from foreign sources as a proportion of all international funding received by all Australian universities who are members of the AVCC. Data published by AVCC. 12.0% 1 8.0% 6.0% 4.0% 2.0% Monash University

15 5. Equity Access for students with low socio-economic status Ranking in Go8 3rd 4th 4th 3rd 3rd Monash 13.19% 12.45% 12.41% 12.66% 12.74% Go8 average 9.91% 10.25% 9.86% 9.78% 9.65% Top 3 Top performing Go8 university 18.60% 18.35% 18.10% 17.02% 16.57% The access rate for students with low SES increased in 2005, ranked third. The number of commencing domestic students with low SES as a percentage of all commencing domestic students in all SES categories and age groups residing in any state in Australia. Data collected by DEST to 2004 is based on first half year data while 2005 is based on full year data and on postcodes as coded to the ABS SEIFA Index of Education and Occupation (2001 Census) Access for Indigenous students Ranking in Go8 7th 7th 7th 8th 8th Monash 0.46% 0.40% 0.47% 0.27% 0.30% Go8 average 0.84% 0.91% 1.00% 0.88% 0.77% Top 3 Top performing Go8 university 1.41% 1.70% 2.06% 1.21% 1.54% The access rate for Indigenous students improved slightly in Monash continued to be ranked eighth. The number of commencing Indigenous students as a percentage of all commencing domestic students. Data collected by DEST to 2004 is based on first half year data while 2005 is based on full year data. 1.2% 1.0% 0.8% 0.6% 0.4% 0.2% University-wide KPI 2006

16 Women in senior positions Ranking in Go8 4th 4th 3rd 4th 3rd Monash 17.6% 21.1% 22.6% 23.5% 25.3% Go8 average 17.9% 19.5% % 22.2% Top 3 Top performing Go8 university 23.6% 24.4% 24.3% 26.1% 27.2% The proportion of staff in senior positions who are women continue to increase, with more than a quarter of all senior positions held by women in Female academic staff at Level D and above; and general staff at HEW 10 and above (excluding casual staff) as a proportion of all staff within those categories in each university. Data collected by DEST % % 1 5.0% 14 Monash University

17 6. Environment Energy consumption new Ranking in Go8 5th 7th 5th 7th 7th Monash Go8 average Top 5 Top performing Go8 university Monash s energy consumption continues to increase in the five year period to 2005, ranked seventh with. The university has committed to a 12% reduction by 2008 and an overall reduction of 20% by 2010 (from 2005). A target of top 5 has been used in the interim. However, a more rigorous benchmark will be developed next year. Monash s energy consumption (Gigajoules (GJ)) per Equivalent Fulltime Student Load (EFTSL) Data reported in the Annual Benchmarking Survey by Tertiary Education Facilities Managers Association (TEFMA) Monash Go8 Avg Two-yr moving av (Monash) University-wide KPI 2006

18 7. Advancement Share of donations and bequests new Ranking in Go8 4th 4th Monash ($,000) 10,773 15,443 9,308 13,607 17,012 Monash (%) 8.0% 10.6% Top 3 Go8 average 7.2% 9.6% Top performing Go8 university 15.9% 17.6% The value of donations and bequests at Monash increased in the five year period to Monash s share is 10.6%, ranked fourth in the Go8. Sydney is the top performing university at 17.6%. Monash s share of donations (research and non-research) and bequests as a proportion of all donations and bequests received by Australian universities. Data collected by DEST is the first year that DEST reported on donations and bequests separately for each university. 12.0% 1 8.0% 6.0% 4.0% 2.0% Share of non-dest domestic student load new Target (2008) Ranking in Go8 3rd 3rd 3rd 4th Monash 6.9% 6.3% 5.9% 5.2% Go8 average 4.5% 4.4% 4.3% 4.3% Top 3 Top performing Go8 university 9.1% 8.9% 8.9% 5.8% Monash s share of non-dest domestic student load was 5.2% in 2005, ranked fourth. Melbourne, the top performing Go8 university, for the last four years, dropped its share from 8.9% in 2004 to 5.8% in Monash s share of non-dest student load as a proportion of all non-dest student load in Australian universities. Non-DEST student load includes all domestic fee-paying undergraduate and postgraduate student load, excluding international student load. Data collected by DEST data included domestic fee-help students Monash University

19 Share of international student load Target (2008) Ranking in Go8 1st 1st 1st 1st Monash 8.4% 8.2% 8.2% 7.8% Go8 average 3.9% 3.9% 3.8% 3.6% Top 3 Top performing Go8 university 8.4% 8.2% 8.2% 7.8% Although its share of international student load declined to 7.8%, Monash continues to be the top performing Go8 university. Monash s share of international student load as a proportion of all international student load in Australian universities. Excludes international students at overseas campuses. Data collected by DEST. 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% University-wide KPI 2006

20 8. Finance Profit margin Monash 3.10% 2.95% 3.30% 4.64% 4.63% Go8 average 6.41% 4.62% 4.53% 3.53% 6.64% Ranking in Go8 7th 6th 6th 5th 7th 3.0% 5.0% Top performing Go8 university 12.07% 10.39% 10.20% 8.47% 11.23% In 2005, Monash s profit margin remained within the DEST recommended benchmark of between 3.0 and 5.0, ranked seventh. new Previously known as safety margin, it is defined as the institution s total operating surplus (or deficit) before tax as a percentage of total revenue (excluding Deferred Government Superannuation Contribution) [University-only (ie non-consolidated) financial data]. Note that the Go8 averages have been recalculated to ensure consistency in methodology due to definitional changes. Data reported in the published Annual Reports for each institution to 2003 data is based on Australian Generally Accepted Accounting Principles (AGAAP) while 2004 and 2005 data is based on Australian Equivalents to International Financial Reporting Standards (AIFRS). 7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% Current ratio (DEST) Monash Go8 average Ranking in Go8 6th 8th 8th 8th 7th Top performing Go8 university Monash s DEST-defined current ratio improved to be 0.62, although it is still below the recommended benchmark. Its ranking relative to the Go8 improved in new Ratio of current assets to current liabilities [University-only (ie nonconsolidated) financial data]. Note that the Go8 averages have been recalculated to ensure consistency in methodology due to definitional changes. Data reported in the published Annual Reports for each institution to 2003 data is based on Australian Generally Accepted Accounting Principles (AGAAP) while 2004 and 2005 data is based on Australian Equivalents to International Financial Reporting Standards (AIFRS) Monash University

21 Liquidity ratio (Monash) Monash Go8 average Ranking in Go8 5th 7th 8th 8th 8th Top performing Go8 university Monash s liquidity ratio remained stable in 2004 and It continues to rank eighth with. new Ratio of realisable assets to current liabilities. Monash includes long-term investments in this definition where they can be readily converted to cash. This ratio has been calculated using predominantly university only financial data. Monash University Foundation managed fund investments has been included for better comparison with other universities. Note that the ratios and Go8 averages have been recalculated to ensure consistency in methodology due to definitional changes. Data reported in the published Annual Reports for each institution to 2003 data is based on Australian Generally Accepted Accounting Principles (AGAAP) while 2004 and 2005 data is based on Australian Equivalents to International Financial Reporting Standards (AIFRS) Debt to equity Monash 8.31% 8.71% 9.62% 16.00% 21.64% Go8 average 2.32% 1.88% 1.91% 3.96% 4.53% Ranking in Go8 8th 8th 8th 8th 8th Under 25% Top performing Go8 university Monash s debt to equity ratio increased to 21.6 in This is still within the target of under 25. Each year, there are at least three Go8 universities which do not have external borrowings, thus explaining the nil figures for the top performing Go8 universities. new Ratio of total interest-bearing liabilities to total equity. This is a solvency ratio, which indicates a university s ability to pay its long-term debts. The lower the positive ratio, the more solvent the university. The debt to equity ratio also provides information on the capital structure of an organisation, ie the extent to which an organisation s capital is financed through debt. Note that the ratios and Go8 averages have been recalculated to ensure consistency in methodology due to definitional changes. Data reported in the published Annual Reports for each institution to 2003 data is based on Australian Generally Accepted Accounting Principles (AGAAP) while 2004 and 2005 data is based on Australian Equivalents to International Financial Reporting Standards (AIFRS) % 20.00% 15.00% 10.00% 5.00% 0.00% University-wide KPI 2006

22 Appendix A: Dashboard Indicator Signals Measures Meeting aspirations Needing improvement Needing critical attention Target (2008) Reputation SJTU Academic Ranking of World Universities Top Top 150 (world) THES World University Ranking Top Above 100 Top 25 (world) Newsweek Global University Ranking new Top Above 80 Top 50 (world) Research Share of NCG Top Top 3 in Go8 Share of Non NCG Top Top 3 in Go8 Share of total research income new Top Top 3 in Go8 Share of weighted publications new Top Top 3 in Go8 Share of HDR completions Top Top 3 in Go8 Share of HDR student load Top Top 3 in Go8 Education Share of top 5% students 3 and above 28.0% 29.9% Under 28.0% 3 (VTAC) CEQ: Good teaching Top Top 3 in Go8 CEQ: Generic skills Top Top 3 in Go8 CEQ: Overall satisfaction Top Top 3 in Go8 GDS: Employability of graduates Top Top 3 in Go8 GDS: Further FT/PT study new Top Top 3 in Go8 Attrition rate new Top Top 3 in Go8 Progression rate new Top Top 3 in Go8 Learning and Teaching Performance Fund Top Top 3 in Go8 International Share of international HDR student load Top Top 3 in Go8 Share of international research funding new Top Top 3 in Go8 Equity Access for students with low SES Top Top 3 in Go8 Access for Indigenous students Top Top 3 in Go8 Women in senior positions Top Top 3 in Go8 Environment Energy consumption new Top Top 5 in Go8 Advancement Share of donations and bequests new Top Top 3 in Go8 Share of non DEST domestic student load new Top Top 3 in Go8 Share of international student load Top Top 3 in Go8 Finance Profit margin 3.0% 5.0% 2.5% 2.99% Under 2.5% 3.0% 5.0% Current ratio (DEST) Under Liquidity ratio (Monash) Under Debt to equity Under 25.0% 25.0% 3 Above 3 Under 25.0% 20 Monash University

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24 Further information University Planning and Statistics Building 3A Monash University Victoria 3800 Australia Telephone Facsimile D&P 11-06