Professor William Massy
Every university goes through an annual budgeting cycle. There are about as many budget processes as there are universities but they all have one thing in common: the need to take account of changes in enrolment, governmental support, and other external factors. This is not easy because each potential factor affects…
Professor William Massy
Previous blogs examined how the Pilbara model helps identify programs for investment and disinvestment (5) and illuminates the economic relationships between programs (degrees) and individual courses…
Professor William Massy
Combining the analytic insights from using a tool such as Microsoft Power BI together with a robust cost model can open up a previously hidden set of views to management, particularly with respect to…
Professor William Massy
Tuition pricing decisions must balance each program’s expected student demand (at a given price) against its per-student contribution margin and recover the institutions full costs when all the…
Michelle Brooke
One of the major benefits of having a systemized approach to costing is that you can save an extraordinary amount of time developing reports for a wide range of stakeholders. As an example, our model…
Professor William Massy
Marginal Enrollment Cost and Break-even Analysis are two of the hardest concepts to both calculate and analyse as you need to have a detailed and robust cost model to support your decision-making…
Professor William Massy
Thinking in terms of degree and other academic programs is essential when considering your institution’s revenues, costs, and margins. This kind of thinking goes beyond analyses based on faculties…
Professor William Massy
It is not uncommon for schools to receive pressure to address their low enrolment courses (subjects). For example, they may be told that they shouldn’t be running courses with fewer than, say, six…
Professor William Massy
Universities are constantly jugging resources – research brings the rankings and brand while teaching brings the bulk of the revenue. In Australia, this has become even harder in 2018 with the…
Professor William Massy
Following on from knowing your ‘available’ versus ‘required’ academic hours (as outlined in our last newsletter / blog post), the next level of understanding is to apply that knowledge to all the…
