The financial cost of the pandemic continues to take its toll on higher education institutions. Increasingly, trustees are asking senior staff to present budget-cut scenarios, some more drastic than others, but very few institutions have a model to evaluate operations in that way, especially programmatically.
However, institutions can apply the same rigor they bring to evaluating student learning outcomes to understanding better the sustainability of existing academic programs. By adopting an “academic portfolio management” (APM) approach, which is both supplemental and coalescent, colleges and universities can undertake this effort in a comprehensive, context-sensitive, and data-informed manner.
In this webinar, attendees will learn about a rubric that contains the five key criteria that should guide all conversations and calculations when evaluating academic programs, providing institutions with a roadmap and path forward as they embark on this critical work.