The pandemic has upended the
financials for many institutions and cuts to higher education budgets are
underway. To close budget gaps, many institutions are focusing solely on
cost reduction, but it is difficult to balance higher-education budgets on cost
cuts alone. Fortunately, COVID-19 is also generating growth opportunities
that should not be missed.
This webcast will cover programs
that support revenue growth and near-term growth opportunities that could help
close the gaps in your budget. You’ll also learn some ways
to assess the quality of your online delivery and the efficiency of
your academic programs and courses. The panel will offer recommendations on
where you can improve efficiencies (hint: it’s usually not by cutting programs) and
how to use the Program and Course Economics Systems to identify high-cost,
low-margin, and low-productivity courses. Finally, you’ll learn how to engage
faculty in any decisions that arise as a result of analyzing these options.
What You Will Learn
NACUBO’s professional development programs are designed to deliver the skills, concepts, and best practices for success to individuals in the business of higher education. After participating in this program, you will be able to:
Identify programs that support revenue growth and help close budget gaps
Outline the Program and Course Economics Systems to identify high-cost, low-margin, and low-productivity courses
Recognize inefficiencies in academic programs and ways to improve them
Antoinette Farmer-Thompson, deputy vice president, educational outreach and student services, Arizona State University
William Massy, professor emeritus and former vice president for business and finance, Pilbara Group, Inc.
Bob Atkins, CEO and founder, Gray Associates, Inc.
Jim Hundrieser, vice president for consulting, NACUBO
Estimated 1 CPE Credit
Field of Study: Finance (note: each person must register individually to earn CPEs)
NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.