Understand the Impact of Educational Programs Using KPIs

Education KPI KPI - Balanced Scorecard metrics template example Major university measurements include Persistence rates, Graduation rates, and Time-to-degree. Persistence rates are the proportion of an entering class of students who return to enroll at the university in their second and subsequent years (in most cases, about 5 to 10%).

Graduation rates are the proportion of an entering class of students who complete their degree within a specific time frame (typically, over 80%). Time-to-degree is the average number of yearly courses the student needs to complete to graduate.

Usually, the freshmen graduate in 12 or fewer registered quarters, which equals a four-year degree.

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Maintaining the literacy rate of a nation is an important task performed by educational institutes housed in the land. This is because the economic development of a given country has 'intellect level' as a significant factor for it. Another benefit that stems from the high level of academia being given to study-pursuers is the pace at which R&D (Research and Development) progresses in the country. Being ahead in this sector can make all the difference between a 'developed and prospering' nation and 'undeveloped and struggling' country.

In the light of the responsible task shouldered by institutes, it gets obvious that a tracking tool be used in the way. The analytical and logical power exhibited by the residents depends on quality of education offered by institutes. This makes for a compelling cause to monitor the standard of studies being granted by these to students. Balanced Scorecard fits the bill in this regard as it makes possible the collection and presentation of 'measurable pieces' in the form of KPIs (Key Performance Indicators). One can follow the progress being achieved in aims by calculating and assigning values to these indicators. In case distraction from the 'supposed-to-be-values' occur, correction can be done suitably.

More useful information for Education Estimation

Education Estimation Balanced Scorecard Screenshots

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of .

This is the actual scorecard with Education Indicators and performance indicators.

Metrics for Education Estimation

This is the actual scorecard with Education Indicators and performance indicators. The performance indicators include: education metrics, financial perspective, cost per student, development of faculty and staff, instruction, admission, student acceptance, targeted student groups, graduated student ratio, performance, employment rates, graduate school admission rates, employer evaluation, student perspective, curriculum, instruction, preparation for career, institution rank, national accreditation, external evaluation, market share.

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