2007 to 2009 RMIT Key Performance indicators – Targets and definitions

Indicator / Definition / Targets to 2009
Retention rate – HE / The proportion of students who achieved a positive outcome of either completing a program or continuing study in the subsequent year. Calculated as the number of students who re-enrol expressed as a proportion of those students who were enrolled in the previous year less those who completed a program. / Maintain or improve
Graduates in fulltime employment HE / Percent of domestic HE graduates in full time employment (of those available for work) surveyed four months after graduation. / 3-5% above the national average
Graduate in enterprise formation HE / Percent of domestic HE graduates in enterprise formation surveyed four months after graduation. / Maintain above national average
Graduates in further full-time study HE / Percent of domestic HE graduates in further full time study surveyed four months after graduation. / Improve RMIT performance at a rate 1% greater then the change in the national average.
Graduates in employment VET / Percent of domestic TAFE graduates in employment (of those available for work) surveyed six months after graduation. / Equal to the state average
Graduate in enterprise formation VET / Percent% of domestic TAFE graduates in enterprise formation surveyed four months after graduation. / Improve relative to the State average.
Graduates in further study VET / Percent of domestic TAFE graduates in further study surveyed six months after graduation. / Improve RMIT performance at a rate 2% greater then the change in the state average.
Good teaching agreement HE / Percent agreement with Good Teaching Scale (domestic HE coursework graduates). / At or above the national average
Good Teaching agreement HE International onshore / Percent agreement with Good Teaching Scale (international onshore HE coursework graduates). / At or above the national average
Generic Skills agreement HE / Percent agreement with Generic Skill Scale (domestic HE coursework graduates). / Improve relative to the national average.
Good Teaching agreement VET / Percent agreement with Good Teaching Scale (domestic TAFE graduates). / At or above the state average
Generic Skills agreement VET / Percent agreement with Generic Skills and Learning Scale (domestic TAFE graduates). / Above the state average
Overall Satisfaction of research students / Percent agreement with Overall Satisfaction Item (quality of research experience). / 3-5% above the national average
Learning Facilities and Support (Agreement with all questions regarding Library services, IT services and Learning support) / Percent agreement with SES Learning Facilities and Support Scale. / 60% agreement
Academic Administration (agreement with all Administration and Access questions) / Percent agreement with all SES questions regarding administration and access items. / 60% agreement
% of HE academic staff with teaching qualifications / Percent of HE academic staff with a teaching qualification (excludes research only staff). / 40%
Expanded access and success rates in RMIT programs for equity groups in Higher Education / Access and success rates for equity groups in RMIT HE programs:
- Non-English Speaking Background
- Low Socio Economic Status
- Aboriginal and Torres Strait Islanders
- Disability / Meet or exceed the state population reference value
Access rate of ATSI VET Students / Access rates of ATSI students in RMIT VET programs. / Meet or exceed the state population reference value whilst ensuring 100% delivery of OTTE agreed SCH
Success rate of ATSI VET Students / Module Load Completion Rates for ATSI VET students. / 75% Module Load Completion Rate
% of RMIT programs having formal credit bearing exchange arrangements with other international institutions. / Percent of RMIT programs having formal credit bearing exchange arrangements with other international institutions. / Data collection method and target TBD.
Teaching Staff to Student Ratio (onshore) – HE / Student to Teaching Staff Ratio (onshore students only and exclude research only staff). / Less than the state average
Higher Degrees by Research Completions / Number of higher degree research completions. / Maintain
Competitive Grants Research Income / Total value of competitive research income. / Increase by 3-5% per annum to 2009
Total Research Income / Total value of research income from all sources. / Increase by 15% per annum to 2009
Weighted Publications / Total weighted publications. / Improve by 5% from 2005.
Research Citations / Definition not available. / Target tbd in the context of the RQF.
% of Academic Staff Level B and above holding PhDs / Percent of academic staff who are at Level B and above holding a PhD. / 65% (pending assessment of feasibility)
% of Staff Attrition / Percent of staff attrition (who exit before 3 years of service at the university). / Decrease
Reduction in Annual Leave Liability / Movement in the University’s annual leave provision from the end of the previous financial year. (Note: a negative figure is a reduction.) / Reduce (pending development of quantifiable target).
Employee Benefits / Total Expenditure / Total salaries and on-costs as a percentage of the total expenditure. / Maintain
Reduction in Energy Consumption / Annual reduction in electricity and gas in gigajoules per M2. / At or better than the national average.
Operating Margin / YTD operating surplus (deficit) as a percentage of the YTD income. / 6%
Return on Assets (surplus/net assets) / YTD operating surplus (deficit) divided by the University’s net assets. / 3.5%
Cash and investments / Value of the University’s cash and investments. / $80m
Ratio of current assets / current liabilities / Value of the University’s current assets divided by the value of the University’s current liabilities. / 1:1