Assessing department/subject financial viability in a Canadian university
Pierre Mercier, University of Ottawa, Canada
Single presentation - 30 Minutes
The notion of responsible management includes efficient and effective practices together with avoidance of risky financial maneuvers and lowering academic standards. In that context, how do we analyse the financial resources available and the appropriateness of the expenditures? This case study offers a transparent methodology to comprehensively identify the shares of institutional revenues and expenses associated with each department/subject in relation to how many students take each course. The student-weighted analysis is not new but the comprehensiveness of the parsing is the original contribution. The net result identifies subjects that costs less than they generate, balanced subjects, and subjects subsidized by others. Results are compared across subjects to identify factors correlated with the balance. This methodology provides a transparent image of decision-making at all levels on the road to responsible management.