Strengthen Financial Performance
Data-Informed Decision Making
Understanding program economics is vital to fixing your program portfolio and running a healthy institution. Our Economics and Outcomes software enables you to reduce costs and reinvest those savings to advance your institutional mission, strategy, and quality of instruction.
What programs should we consider offering online?
What skills must we add to meet labor market needs?
Which programs should we prioritize for evaluation?
Which programs should I start, stop, or grow?
Solutions to help your institution understand program demand...
Academic Management
Gray Decision Intelligence recommends PES Academic Management Dashboards, which offer a quick summary of KPIs for all your academic programs. Following the summary is a one-page overview of each program’s market, instructional economics, efficiency, and student outcomes. It includes faculty-drafted objectives and tasks to improve each program. The Academic Management Dashboards highlight issues and opportunities so you can continuously improve your program portfolio and prepare for accreditation.
PES Economics and Outcomes
PES Economics and Outcomes offers the following:
- Economic Tracking: Assists in tracking revenue, cost, and margin by college, department, program, and course, aiding in enhanced financial decision-making.
- Outcome Evaluation: Supports student outcomes assessment and identification of equity gaps, assisting in outcome improvement and retention strategies.
- Benchmarking: Sets data-informed goals for program improvement by comparing your revenue, costs, margins, and outcomes by course level and subject area with other institutions.
Curricular Efficiency Workshop
Gray DI’s Curricular Efficiency Workshop uses data on course-level revenue, cost, margin, and instructional workloads collected in the Economics and Outcomes application to identify high-cost, low-margin, or redundant courses. In a facilitated workshop, faculty and administrators review the course data and use their judgment to identify efficiencies in courses and sections offered. The data may also be used continuously to inform budgets and course schedules.