Christine M Keller, PhD Executive Director & CEO
Description: Christine M Keller, PhD Executive Director CEO Association for Institutional Research ckellerairweb.org 2017 APLU Annual Meeting AIR4Data AIR4Data A Perfect Marriage, Data and Money: Leveraging Institutional Data for the Allocation of
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slide1. Christine M Keller, PhD
Executive Director & CEO
Association for Institutional Research
ckeller@airweb.org
2017 APLU Annual Meeting @AIR4Data @AIR4Data A Perfect Marriage, Data and Money: Leveraging Institutional Data for the Allocation of Critical Financial Resources<br>
slide2. Without data,
you're just another person
with an opinion<br>
slide3. Association for Institutional Research (AIR) Worldwide association of higher education professionals 4000+
members<br>
slide4. ... so that higher education institutions effectively use institutional research - data, information, and analysis for decision support - in a rapidly changing environment. AIR exists …<br>
slide5. 2016 Survey
Collaborations between IR & the Business Office
In what types of work does institutional research collaborate with their institution’s business office? How often do representatives from IR and the Business Office meet?<br>
slide6. IR Use of Finance Data in Past Year Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide7. How often IR meets with Business Office Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide8. KPI development/monitoring
Finance & Budget modeling
Performance-based funding
Cost/Benefit analyses
Economic impact studies
Salary equity studies
Net price calculators
Student borrowing/debt studies
Financial aid modeling
Capital expenditure analyses ~35% ~25% ~15% ~6% Areas of Collaboration
Institutional Research
& Business Office Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide9. Areas of Collaboration in Past Year & Meeting Frequency Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide10. Analyze impact of student retention on institution’s financial health Combine financial data with enrollment reporting Create program viability measures Study effect of budgeting decisions on student outcomes How should institutional research and business offices collaborate? Examine cost/benefit of potential new revenue streams Develop institutional performance indicators Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide11. Example: University of Washington - Bothell Introduction of RCM budgeting
IR role
Develop tools to show connections among functional areas
Training deans, chairs
Meet bi-weekly with finance
Goal: move from comfort with tools to using what-if scenarios for planning<br>
slide12. Learn more:
https://events.educause.edu/enterprise-it-summit/2018<br>
Executive Director & CEO
Association for Institutional Research
ckeller@airweb.org
2017 APLU Annual Meeting @AIR4Data @AIR4Data A Perfect Marriage, Data and Money: Leveraging Institutional Data for the Allocation of Critical Financial Resources<br>
slide2. Without data,
you're just another person
with an opinion<br>
slide3. Association for Institutional Research (AIR) Worldwide association of higher education professionals 4000+
members<br>
slide4. ... so that higher education institutions effectively use institutional research - data, information, and analysis for decision support - in a rapidly changing environment. AIR exists …<br>
slide5. 2016 Survey
Collaborations between IR & the Business Office
In what types of work does institutional research collaborate with their institution’s business office? How often do representatives from IR and the Business Office meet?<br>
slide6. IR Use of Finance Data in Past Year Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide7. How often IR meets with Business Office Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide8. KPI development/monitoring
Finance & Budget modeling
Performance-based funding
Cost/Benefit analyses
Economic impact studies
Salary equity studies
Net price calculators
Student borrowing/debt studies
Financial aid modeling
Capital expenditure analyses ~35% ~25% ~15% ~6% Areas of Collaboration
Institutional Research
& Business Office Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide9. Areas of Collaboration in Past Year & Meeting Frequency Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide10. Analyze impact of student retention on institution’s financial health Combine financial data with enrollment reporting Create program viability measures Study effect of budgeting decisions on student outcomes How should institutional research and business offices collaborate? Examine cost/benefit of potential new revenue streams Develop institutional performance indicators Source: AIR Survey, Collaborations between IR and the Business Offices, 2016<br>
slide11. Example: University of Washington - Bothell Introduction of RCM budgeting
IR role
Develop tools to show connections among functional areas
Training deans, chairs
Meet bi-weekly with finance
Goal: move from comfort with tools to using what-if scenarios for planning<br>
slide12. Learn more:
https://events.educause.edu/enterprise-it-summit/2018<br>