Articles from the Pilbara team on higher education costs, margins, benchmarks, budgeting and AI.
128 articles
Lea Patterson
We are proud to announce the launch of our new modelling solution, Rapid Insights. We developed Rapid Insights as a low risk, low cost entry into advanced financial analytics for Higher Education…
Lea Patterson
Identify the most economical path to carbon emissions reductions! In order to combat climate change countries and companies around the world are all working on plans to reduce their emissions. For…
Lea Patterson
TLDR! Activity-Based Costing (ABC) concepts have been around for yonks! (Australian/British slang for a long time) Ever since the 1770’s. ABC concepts have been largely ignored for yonks! ABC was…
Michelle Brooke
With Covid-19 striking the university sector hard (and suddenly) last year, the Commonwealth Government postponed the need for the university sector to provide their 2019 ‘Transparency in Higher…
Lea Patterson
Financial analysts use a wide range of cost allocation methods, including cost per student credit hour, in universities to calculate the cost of delivering courses and programs. I will show you why…
Lea Patterson
Quick Thoughts Costing is Management Accounting. Costing requires Operations and/or Engineering expertise. Cost is modelled. e.g. Activity-Based Costing. Cost comes in many forms – Financial Cost…
Lea Patterson
In times of financial crisis, low enrolment courses are usually targets for removal. But removing the wrong courses could lead to a worse financial position! Due to the financial impacts of the…
Lea Patterson
Last week we were invited to present our regular solution to a university technical team. Lots of analytical and IT skills in the group and one of the attendees asked a very important question “What…
Lea Patterson
Due to the pandemic, a lot of institutions are seriously reviewing their Academic Programs. In this video we’ll take you through a quick example of how our models can be used to support the Program…
Lea Patterson
Everything you do has some type of cost associated with it. If you want to drive to the shops, you need a vehicle which you either purchased with cash, or you are paying off a loan, or you leased the…
