Category: Activity-Based Cost Model

Turn Away or Enrol? It’s not that simple!

A really interesting article was published in the Australian Financial Review today by Robert Bolton … “Universities set to turn away hundreds of thousands of students”.   Robert outlines how admission centres across many states are reporting massive increases in applications to start university next year – NSW alone has had a jump of 88% compared […]

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Activity-Based Costing Software Top 4 ‘Must Haves’

I can’t believe it has been nearly 10 years since this I wrote this article and that very little has changed with respect to my top 3 costing ‘must haves’! The article has been refreshed where needed and due to changes in technology, I’ve added a 4th point….so welcome to my ‘Top 4 Costing Requirements’. […]

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COVID-19: Higher Ed Crisis Management – Part 2: 2020 Deep Dive

Using the Pilbara predictive model to test crisis management options for university leadership. By Lea Patterson, Michelle Brooke, Andrew Faulkner and Professor Alan Pettigrew BSc (Hons) PhD FAICD Preface This article has taken a little longer to write than usual because we have been busy running a wide range of different scenarios. Rather than creating […]

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COVID-19: Higher Ed Crisis Management

Using the Pilbara predictive model to test crisis management options for university leadership. By Michelle Brooke, Lea Patterson, Andrew Faulkner and Professor Alan Pettigrew BSc (Hons) PhD FAICD Introduction Although they are no longer run, the LH Martin Institute (University of Melbourne) used to offer courses for aspiring University Vice-Chancellors (VCs) covering a range of […]

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COVID-19 : Course Consolidation

A common theme across the Higher Education news articles over the past couple of weeks has been about the urgent need for universities to save costs. A quick peek at any institution’s financial statements will reveal that, not surprisingly, salaries are the biggest single line item.  While Pilbara Group will be releasing a newsletter next […]

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Finance + Faculty: Management Accounting in Higher Ed

Management accounting, as a discipline, is going through a resurgence.  Primarily driven by the huge increase in the amount of data available for analysis, financial professionals are needing to look beyond traditional business metrics and recognize the potential of embracing a wider set of data. Management accounting has been around for 100 years, so it’s […]

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From Whoa to Go in 7 weeks – an Analytic Model Implementation Case Study

Last year NACUBO released the results of their survey to understand the current status of analytics, where Business Officers would like to use analytics and barriers that institutional leaders face within the Education sector. As the results show below, Operational Analysis and Cost of Instruction top the list of areas that are in need of […]

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Why is Math Cheaper than English?

This was a question posed by Steven Hemelt (UNC – Chapel Hill), Kevin Stange, Fernando Furquim, Andrew Simon (University of Michigan) and John Sawyer (University of Delaware) in their paper “Why is Math Cheaper than English? Understanding Cost Differences in Higher Education” https://www.nber.org/papers/w25314 Their “analysis reveals appreciable variation in the cost of delivering a unit […]

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Center of Excellence in Higher Education Cost Management  

Be involved….   Consortium for Advanced Management  – International (CAM-I) Creating  an International Center of Excellence in Higher Education Cost Management   Back in 1972 computing power was either very limited or, in most organizations, non-existent. Data was stored physically – on paper, or in alphanumeric card systems in filing cabinets and storage trays. Thousands, billions, of […]

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Cost of Instruction at the University of Maryland

The following is an extract from this article in NACUBO Business Officer Magazine September 2019 by Margo Vanover Porter and discusses the Pilbara model at the University of Maryland. The model was implemented in 2017 with our US consulting partner, Grant Thornton and is updated on an annual basis.   After attending a NACUBO conference […]

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