Learn how to analyze the use of academic resources to inform decision-making.
Academic Resourcing Models (AR Models), which combine Activity-Based Costing (ABC) and Activity-Based Budgeting (ABB) analysis, are decision-support tools for academic resource management and related financial decisions. During this one-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. You will learn:
- How to conduct an activity analysis and incorporate indirect costs into your cost model
- Ways to determine the economic impact of course redesign
- How enrollment mix can influence the costs
- Effects of unsponsored research and other non-time tabled activities on course and program margin
- How to build excitement and responsibility for data on your campus
- How to configure and scale your own ABC model
During the event, you will select a focus area for introducing ABC and learn strategies for piloting your own program back on your campus.
Two Back to Back Events — Find the Right Level of Training for You
You’ll get the most value from this program if you are further along in the process and ready for advanced levels of analysis. If you are just beginning the process of program cost analysis, consider attending Using Decentralized Budget Principles to Enhance Operational Effectiveness, taking place December 4-5 in San Antonio, TX, right before this program.
If you have questions about these programs or which would best fit your needs, please reach out to Program Manager, Nick Pettet, to help determine which program is best for you.
Who Should Attend — Bring Your Team!
This training is designed for teams of academic program leaders and the financial analysts, business officers, and institutional researchers who wish to support them in the early stages of building a cost model for new and existing programs.
Bring your team and save!
Save over 15% when you register three or more colleagues.
CPE Credits Available
- 8.5 for main conference
Program Field of Study: Specialized Knowledge and Applications
Delivery Method: Group-Live
Program Level: Basic
8:30 a.m. - 4:30 p.m.
Your registration fee includes full access to all conference sessions and materials, breakfast and lunch on Friday, as well as refreshments and snacks throughout the conference.
This opening session will provide an opportunity for you to meet the instructor and share on your current challenges supporting your strategic and operational priorities. You will also preview the framework for the event and receive guidance on how you can get the most from the experience.
This session provides an overview of the model and explains why the data are so important for academic resource management. Our expert will illustrate these points using scenarios based on real institutions that have adopted ABC. You will learn how to use ABC-generated evidence in key areas such as:
- Decisions about programs and course offerings
- Faculty workload and budgeting for faculty lines
- The impact and treatment of overhead
- Classroom utilization improvement
- Online and multiple campus considerations
You will be introduced to scenarios designed to illustrate how the model can enhance your academic resource management. Scenarios will illustrate capital planning, staffing, and strategic enrollment decisions among others relevant to what you share in the pre-conference survey. You will work with your peers on a series of real-life decision problems based on recent interviews with model users at eight universities in the United States and Australia.
Now that you understand the impact of the ABC analysis, this session will guide you through the overall process. You will learn the full cycle of ABC implementation including:
- Data Readiness and building a data culture on your campus
- Overcoming data integrity and accessibility challenges
- Organizational structures and talent development to support these initiatives
- Timeline and planning for a pilot study
- Building capacity and vendor selection
Senior Manager, Decision Analytics Service Line
Grant Thornton LLP
Anthony has worked with multiple universities in both the United States and Australia building cost models, performing critical data analysis, and advising clients in areas associated with their cost management and strategic resource alignment needs.
Questions About the Event?
Program Manager, Academic Impressions