Are you looking for a way to gain a competitive edge for your college’s athletic department? External benchmarking data can provide valuable insights into the expenses and participation of teams at peer institutions. Use benchmarking data to make informed decisions about your sports teams and conferences, see how your school stacks up against others, and learn how these choices can impact enrollment and academic programs at your institution.
Analyzing market data informs academic program evaluation and decision-making, leading to a strong program portfolio. Once an institution has analyzed their market data, they can rely on the data to inform which programs to start, stop, and grow. In this blog, we will show how institutions can apply the market analysis that leads to a successful new program proposal.
Evaluating an institution’s existing academic program portfolio or potential new programs generates four important questions related to markets.
In an excerpt from Start, Stop, or Grow, Robert Atkins discusses curricular efficiency, which measures, manages, and improves the units of education that can be delivered for a given amount of instructional cost and quality, and the importance of the cost per student credit hour (SCH).