Webinar: Understanding Academic Program Costs and Margins (June 22)

Here is a link to the slides provided by RSM from this webinar:

Learning Matters; Understanding academic program costs and margins

Higher education institutions struggle to identify and gain agreement on the financial margins or financial contributions of various academic programs and departments. Typically, 70-80 percent of the total costs of an institution are related to faculty and staff or personnel costs. Managing costs efficiently and effectively is absolutely critical to sustainability and a key input into making decisions on where to invest and how to properly staff. Making strategic and well-informed decisions–and engaging faculty and other stakeholders in finding appropriate solutions–requires real data and a clear understanding of an institution’s “cost profile.”

Join the Central Association of College and University Business Officers (CACUBO) and RSM for an executive lunch briefing to better understand a proven methodology that will provide a thoughtful and logical approach to identifying financial academic contribution margins. The approach we share will provide you better direction on how to execute a similar program in your institution and gain credibility with various stakeholders.

Specific topics will include:

  • Key cost definitions in colleges and universities
  • Cost profiles: Critical cost attributes and frameworks
  • Building useful profiles to inform action and decision-making
  • Presenting the information in a usable format

Who should attend?
This program is designed for higher education professionals overseeing the financial contributions of academic programs.

Learning objectives
Attendees will learn methodology that helps to identify the financial contributions of educational programs within a higher education institution.

About our speakers
Casey Chapman is a leader in RSM’s management consulting practice. His background includes strategy development and performance measurement, financial analysis, costing and operational transformation through process changes, business applications and organizational change. Chapman has led large initiatives at public universities and private, including: efficiency and effectiveness programs, shared services and academic margin analytics analysis.

Ella Grekov is a manager in RSM’s management consulting practice, where she brings over six years of experience in strategy, operations and project management. She deep experience in the design and implementation of Shared Services centers, business process optimization and management of cost reduction programs.

Webcast details
Wednesday, June 22, 2016
12:30 p.m. EDT | 11:30 a.m. CDT | 10:30 a.m. MDT | 9:30 a.m. PDT
60 minutes


Email us or call +1 800 274 3978.

CPE credit available
RSM US LLP is pleased to offer one CPE credit for attending this event. To qualify, you must log in to the webcast and be connected for a minimum of 50 minutes with 75 percent polling question participation to receive credit. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.

CPE certificates for eligible participants will be available to download and save at the end of the webcast.

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Advance preparation: None | Program level: Basic | Prerequisites: None
Delivery method: Group Internet-based | Field of study: Finance | CPE: One credit