We used to update our scenario data monthly during the fall term and at end of the fiscal year. After this all was quiet until the dreaded rollover to the next academic year in summer.
What Programs Do We Even Offer?
Working in Institutional Research, I often was asked questions around “What programs do you offer?”, or “How many programs are there?”. You’d be surprised that answering these questions is not as easy as it sounds.
When historical averages let you down
When we’re forecasting student headcount and course enrolments, using historical averages for student retention is a common practice. There’s several different situations where using historical averages might let us down.