The Australian Institute of Music Limited: Re-registration 31 August 2017
Renewal of registration
Report on renewal of registration of The Australian Institute of Music Limited
TEQSA has renewed the registration as a higher education provider, under Section 36(1) of the TEQSA Act, of The Australian Institute of Music Limited for a period of four years to 31 August 2021 in the provider category of Higher Education Provider.
TEQSA has, under subsection 32(1) of the TEQSA Act, imposed two conditions on the registration of The Australian Institute of Music Limited as a higher education provider.
The Australian Institute of Music Limited is required to provide TEQSA with minutes of each meeting of its Board of Directors, within 21 days after the day on which the relevant meeting occurs. These minutes must demonstrate a process consistent with the TEQSA Guidance Notes for corporate governance, on the matters which were the subject of discussion, and which specify the extent to which the discussion took account of external advice or input. The minutes must be endorsed by the Chair of the Board of Directors and include a certification by the Chair that the Board of Directors has operated independently at all times as the peak governing body and that no action has been taken that would compromise or potentially compromise the independence of the Board of Directors of AIM.
Within 3 months of the conclusion of each Academic Year, The Australian Institute of Music Limited (AIM) must provide to TEQSA:
a) A report on student performance data that details attrition, progression, completion and grade distributions. Calculations must be based on the methodology set out on pages 15 and 16 of the TEQSA Risk Assessment Framework (Version 2.1).
b) Evidence by way of meeting minutes that the report has been considered by the AIM Academic Board and Board of Directors which includes any action in response to the report.
The first report is due to TEQSA within 3 months of the conclusion of the 2017 academic year.
Main Reasons for Decision
As part of the renewal of registration process, TEQSA has assessed the application submitted by The Australian Institute of Music Limited against the Threshold Standards. The scope of the assessment included all its Australian sites.
TEQSA considers that the decision to apply conditions to The Australian Institute of Music Limited registration is consistent with the basic principles for regulation in Part 2 of the TEQSA Act, as The Australian Institute of Music Limited is at risk of not complying with a number of the Threshold Standards.
- The broad issues which led TEQSA to impose conditions on the registration of The Australian Institute of Music Limited are in relation to full and effective implementation of:
a) recent changes to corporate and academic governance across the organization, and the extent to which prior issues relating to the relationship between ownership, governance and management have been addressed.
b) recent changes in management and human resources across the organization.