Integrated Planning to Build a Thriving Academic Program Portfolio
Instructional Economics: Making Finance-Informed Academic Decisions

This three-part program series will help you build a strategic and sustainable program portfolio that is mission-centered,  data-informed, student-centered, and focused on growth opportunities. Join one, two, or all three programs in this series.

Part Two: September 15 | 2:00-3:00 PM Eastern

Instructional Economics:
Making Finance-Informed Academic Decisions

Watch the recording

All program decisions have financial consequences–and some may surprise you.
We will share a methodology for analyzing instructional economics and strategies for incorporating this data into the program decision-making process for long-term financial health. Understanding the economics of your programs and courses can help you focus resources on the programs and courses most critical to your mission and free up funds for strategic growth.

Learning Outcomes

• Understand how individual programs affect the institution’s direct costs and
  revenues.
• Respond productively to assertions that some programs have almost no
  incremental costs because the courses are mostly shared with other programs.
• Understand the distinction between program economics and department
  economics.
• Understand how course proliferation can raise instructional costs even when
  most sections achieve or exceed minimum enrollment levels.
• Understand one process for identifying ways to instructional costs while causing
  the least harm to the institution and its mission.
• Understand one process for helping Deans and similar decision-makers
  internalize financial considerations in their routine academic decisions.

Presenters

William Massy (Moderator)
Professor Emeritus and Former CFO, Stanford University; Former President
The Jackson Hole Higher Education Group, Inc.

Steve Probst
Senior Partner
Gray Associates, Inc.

Antoinette Farmer-Thompson
Deputy Vice President, Educational Outreach & Student Services; ASU University Design Institute Expert in Residence; Former Dean and Senior Vice President, Institutional Effectiveness

Nicholas Santilli
Senior Director for Learning Strategy, Society for College and University Planning (SCUP); Professor Emeritus of Psychology, John Carroll University