Investment Toolkit
Investment Toolkit
The Investment Toolkit provides information, products and templates for the 2018 Investment Round. This page will be added to throughout the year.
The Investment Toolkit provides information, products and templates for the 2018 Investment Round. This page will be added to throughout the year.
Our objective is to make high-quality investment decisions that achieve better social and economic outcomes for learners and New Zealand - this Toolkit will help us work together to achieve this.
The products and templates contained in the Investment Toolkit:
- explain in more detail what we want to invest in, and how we will make decisions
- support you to better understand, articulate and improve your own performance
- make it simpler to do business with us.
We have made some changes to our approach to the 2018 Investment Round including having a slightly earlier deadline for tertiary education institution (TEI)
Investment Plan submission. 2018 Investment Round timeline graphic (PDF, 440 Kb) Activity Indicative timing TEC releases Plan Guidance Dec 2017 TEC releases Investment Toolkit material Dec 2017 – Feb 2018 TEC releases Gazette Notice March 2018 Plan engagement Feb 2018 – Aug 2018 Government announces Budget 2018 May 2018 TEC provides indicative allocations, and releases Mix of Provision (MOP) and Education Performance Indicator Commitments (EPICs) templates June 2018 TEC releases Supplementary Plan Guidance to reflect any policy or Budget changes (if required) June 2018 Deadline for draft Plans (TEIs on one or two year Plans) 13 July 2018 Deadline for PTEs to submit final Plans (PTEs on one or two year Plans) 13 July 2018 Deadline for final Plans (TEIs on one or two year Plans) 20 Aug 2018 TEC makes funding decisions Oct 2018 TEOs
notified of decisions via Plan funding approval letter Oct/Nov 2018 First payments Jan 2019 These products describe what Investment Plans have to cover, how we will calculate allocations for each fund and our approach to decision-making. The Investment Briefs are a summary of our goals and what we want to achieve across particular areas of provision. Focus Area Briefs identify goals for key strategic areas, and explain how we will work with tertiary education organisations (TEOs) to achieve them. We need a tertiary education system that works for all New Zealanders. Both TEOs and TEC will need to do things differently to achieve parity for Māori and Pasifika learners. The Plan Assessment Framework outlines what we will look for in your Investment Plan, and shows how you can use the information and products in the Investment Toolkit to develop your Plan. It also shows how your Plan content will be assessed against the Gazetted Investment Plan Criteria. Plan Assessment Framework (PDF, 638 Kb)) The funding allocation principles show how we will calculate your indicative and final allocations for 2019 funding. You can view these in Fund finder, for the following Funds: When we assess your Investment Plan, we will look for evidence that you have used multiple sources of information and data to build up a robust picture of your performance. Some of these tools and information sources are provided below to support this. Tertiary Performance SDR information product The Tertiary Performance SDR information product makes it easier for TEOs to understand their own performance in the context of how different sub-sectors and the overall system are performing. This will support engagement between TEC and TEOs on performance improvement and learner achievement. Access to the Tertiary Performance SDR information product is though Ngā Kete. Post-Study Outcomes (PSO) information products The Post-Study Outcomes of Young Graduates information product provides information about employment outcomes and earnings by level of study and NZSCED. The Post-Study Outcomes by TEO information product provides TEO-level data about outcomes for learners who completed qualifications by level of study, age, ethnicity, and gender. Access to PSO information products is through Ngā Kete. My Commitments information product This information product provides information on tertiary education organisation (TEO) supplied commitments (both mix of provision and performance). Access to My Commitments information product is through Ngā Kete. Pre-2019 Performance Commitments information product This information product provides information on tertiary education organisation (TEO) supplied commitments (both mix of provision and performance) pre-2019. Access to My Commitments information product is through Ngā Kete. My Performance information product This information product allows you to explore all the single data return (SDR) data used to calculate Educational Performance Indicators (EPIs). Access to My Performance information product is through Ngā Kete. Capability Framework The Capability Framework is a self-assessment tool that supports a shared, evidence-based conversation between TEOs and the Tertiary Education Commission (the TEC) about organisational capability. Benchmarking with NZBT+ (PDF, 685 Kb) Using comparative data to build institutional capability NZBT+ (New Zealand Benchmarking Tool) For TEIs: provides a comparative cost-efficiency view of your operations Tertiary career development benchmarks Helps TEOs self-assess their capability in supporting students’ career development Student Voice full report and Student Voice Quick Reference Guide Provides guidance for TEOs on ways to engage with students. We will add to these lists periodically as new information becomes available. If you have any suggestions for other reports or resources that you would like us to add, please contact sectorhelpdesk@tec.govt.nz. General labour market information sources Labour market information sources by region Northland Tai Tokerau Northland Economic Action Plan Auckland ATEED’s Auckland Innovation Plan Bay of Plenty BoPRC’s Regional Economic Development Strategy East Coast Activate Tairāwhiti’s Economic Action Plan Waikato Waikato Means Business: An Economic Development Strategy for the Waikato Region Taranaki Taranaki Regional Economic Development Strategy 2010-2035 Manawatū Accellerate25: Manawatū-Whanganui Economic Action Plan Hawke’s Bay Wellington WREDA’s Big Ideas for Economic Growth Nelson West Coast West Coast Economic Development Action Plan 2017 Canterbury CDC’s Economic Development Strategy Otago Dunedin NZ’s Economic Development Strategy Central Otago Economic and Business Development Strategy Southland Venture Southland’s Regional Development Strategy Labour market information sources by industry This is a template tertiary education organisations (TEOs) can use to structure their Investment Plan. The template sets out the requirements for proposed Plans and ensures we have all the information we require to make informed investment decisions The MOP and NZQF templates are the same as in previous years. Historical data will be available in My Commitments application. These are examples provided for informational purposes only. Working templates will be available from June 2018. We have made a number of changes to the EPI Commitments (EPIC) templates for SAC and Youth Guarantee for 2019 onwards. The templates have been updated to use the EPI methodologies we introduced in 2016, including the cohort groups (1-3, 4-7 non-degree, 7 degree, 8-10). For SAC, we now have one template covering levels 1-10. To support a focus on parity, the SAC and YG templates collect commitments for ‘Non-Māori, non-Pasifika’, rather than ‘All Learners’. The templates no longer contain historical performance information, which is available through the My Performance and My Commitments apps. For more information about the Investment round, please contact your Investment Manager or call our Sector Helpdesk on 0800 601 301 In April 2018 we held three sector workshops on the 2018 Investment Round. These workshops gave you an opportunity to engage with us on the process and priorities for the 2018 Investment Round. We enjoyed talking with you about how we can work together to achieve better outcomes for learners. Below are the four presentations made at the Roadshows. The morning session provided a high level overview of the upcoming Investment Round as well as an overview of the Focus Area Briefs and Investment Briefs. Following this there were presentations in the afternoon on: Presentations: We also noted the questions that came up at the Workshops and have compiled key questions into Frequently Asked Questions (PDF, 645 Kb). Timeline
Deadline for draft MOPs and EPICs (all TEIs)
Deadline for PTEs to submit final MOPs and EPICs (all PTEs)
Deadline for final MOPs and EPICs (all TEIs)
Products to describe our approach to decision-making
Investment Briefs
Focus Area Briefs
A tertiary education system that works for all New Zealanders
Plan Assessment Framework
Principles for funding allocation
Tools to help you understand your performance
Information about labour market demand
Templates for submitting your Plan
Want to know more?
2018 Investment Round Workshops
Sector Workshop Presentations
- the Capability Framework
- the Primary Industries Focus Area Brief, and
- Ōritetanga, a tertiary education system that works for everyone.
- Investment Round 2018 – morning session (PDF, 2 Mb)
- Capability Framework (PDF, 2.8 Mb)
- Primary Industries Focus Area Brief (PDF, 2.3 Mb)
- Ōritetanga, a tertiary education system that works for everyone (PDF, 2.8 Mb)