In addition to being dedicated to excellence in teaching and learning, we also remain aware of the importance of
ensuring the longevity of Te Wānanga o Aotearoa to ensure it is available to future generations.
Financial health
Among the many measures we use to assess the health of our organisation is the Tertiary Education Commission’s
Financial Monitoring Framework (introduced in 2011). This framework provides an organisational rating that
ranges from low through moderate to high financial risk.
In 2012, the Tertiary Education Commission assessed Te Wānanga o Aotearoa as being ‘low risk’. The following
table shows ratings for 2012 with the rating for 2011 and the 2013 target included for comparative purposes.
Indicator
Achieved
2011
Achieved
2012
Target
2012
Target
2013
TEO risk rating against the
Financial Monitoring Framework
Low
Low
Low
Low
Literacy and numeracy
Te Wānanga o Aotearoa is also assessed against the extent to which literacy and numeracy skills are embedded
in our level 1-3 programmes (excluding te reo Māori qualifications). Literacy and numeracy are key skills that
contribute to tauira success in tertiary education, as well as in society.
In 2011, we introduced an initiative called Te Whakapahuhu Kahukura – a mechanism to ensure all level 1-3
programmes contained embedded functional, critical, and cultural literacies. In 2012, this initiative reached
completion with essential literacies being embedded in all necessary level 1-3 programmes across Te Wānanga o
Aotearoa.
The following table shows the progress of Te Whakapahuhu Kahukura over the past three years.
Ensuring the longevity of our organisation
Indicator
Achieved
2011
Achieved
2012
Target
2012
Target
2013
Proportion of level 1-3 courses
offered that contain embedded
literacy and numeracy
73%
100%
70%
N/A
Annual report 2012
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