Change in Higher Education is inevitable – there are multiple external factors putting pressure on existing business models, not just in Australia but internationally as well. In addition to ongoing government funding concerns, more recent issues such as the growing adult population, the development (and take up) of micro-credentials, and the competition from non-traditional education providers like tech companies is increasingly adding pressure to an already complex higher education sector.
Activity Based Costing (ABC) analysis is a decision support tool for academic resource management and related financial decisions. During this 1.5 day event, you will take an in-depth look at how the model improves decisions on program size, teaching methods, faculty workload, space utilization, staffing and enrollment decisions down to the course level. Through these applications you will gain an in-depth understanding of data and analysis that can inform decisions about program investment and disinvestment, and the launching of new programs.