Monday Afternoon Learning Opps

Gray Associates Corporate Showcase

Using Program and Financial Data to Balance Mission and Money

  • Monday, July 15
  • 04:00 PM - 05:15 PM
  • Austin Conv Center
  • Level 4, 17B

Speakers

Bob Atkins

CEO

Gray Associates, Inc.

Concord, Massachusetts

Lisa Kopecky

Vice President Finance & Operations, Cape Cod Community College

Cape Cod Community College

Barnstable, Massachusetts

William Massy

Professor Emeritus and Former Vice President for Business and Finance

Stanford University

Florence, Massachusetts

Description

Panelists will share a fact-based, participative approach that integrates external, operating, and financial data to help colleges and universities choose the right programs to start, stop, sustain, or grow. This approach facilitates the development of a long-range program plan that includes forecasted enrollment, faculty, space requirements, and contribution margins by program. The speakers will address how to assess markets for academic programs—including student demand, employment, competition, degree level, and modality (online vs. on-ground); explain how to combine student, course, and instructor data to estimate program margins; and clarify how to integrate market data into a long-range planning model that creates a baseline estimate of future enrollment, faculty requirements, facilities, and contribution margins. In addition, the panelists will outline a process for bringing together faculty and administrators to make tough, fact-based program decisions.

Learning Objectives

  • Identify current programs that could drive profitable growth and flag programs that lose money
  • Estimate the costs and benefits of launching new programs
  • Assess long-term implications of program decisions