When it comes to fixing an academic program portfolio or running a healthy institution, understanding program economics is vital. The goal is typically not to profit, but to generate funds that the college can re-invest to advance its mission, strategy, and quality of instruction.
Would you be surprised to know that the graduates of this month’s featured program become lawyers, judges, elementary school teachers, and more?
At Gray, we use our Job Postings data in a variety of ways. Recently, we discovered a new use of the data: a predictor for market growth and opportunity for higher-education institutions.
Some assume clear links between academic programs and occupations for graduates, which are neatly embodied in the NCES crosswalk between programs and occupations. In theory, they are right. In practice, it is bunk for graduates with a bachelor’s degree.
Program evaluation requires commitment and new tools to remain relevant. Assessing the strength and relevance of academic programs can be critical to a college or university’s financial health. So if leaders need a little guidance, imagination, and inspiration, Gray CEO Bob Atkins has released a new book that might help.
Gray did a deep dive into lucrative jobs for graduates and while the results are mixed, there is one program overall that wins the day. It is not in engineering.
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