Webinar Recordings

This is part two of a three-part program series, “Integrated Planning to Build a Thriving Academic Program Portfolio.” These discussions will help you build a strategic and sustainable program portfolio that is mission-centered, data-informed, student-centered, and focused on growth opportunities.

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:

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