Work-based learning (WBL) has long been used in career and technical education (CTE) to allow students to practice the knowledge and skills they acquire in the classroom within a "real-world" business or industry setting. High-quality work placements reinforce schoolbased instruction by providing students with a context for applying…

This article describes an experiential exercise that uses a brief simulation model intended to introduce undergraduate international finance students to the complexities in corporate investments in foreign countries. Use of the model requires one or preferably two class periods. Student learning goals include: (a) understanding how different…

When applied to elementary and secondary schools, the Resource Requirements Prediction Model gained more acceptance at the system level than at the school level. Further research is required to construct a resource model that is specifically for use in schools. (Author/IRT)

The increasing complexity of educational operations make analytical tools, such as computer simulation models, especially desirable for educational administrators. This MA thesis examined the feasibility of developing computer simulation models of economic systems in higher education to assist decision makers in allocating resources. The report…

Dynamic analysis offers a comprehensive view of the cost benefit and cost effective dimensions of policy problems. It also provides the computational power to investigate the long term effects of policy decisions on the flow of resources in organizations and government agencies. (Author/MV)

Experiential learning has seen limited application in the preparation of higher education administrators. During recent years, however, simulation games which link cognitive social science knowledge with management skills have been applied to classroom training in this field. A National Center for Higher Education Management Systems (NCHEMS)…

A rationale is presented for viewing the decision-making process inherent in determining budget reductions for educational programs as most effectively modeled by a graduated funding approach. The major tenets of the graduated budget reduction approach to educational fiscal policy include the development of multiple alternative reduction plans, or…

This paper defines, develops, and displays a mathematical modeling formulation for exploring decisions available to the higher educational administrator in evaluating discrete educational program budgets (instructional, service, and administrative) for possible future funding alternatives. Complex budget reduction strategies can be…

Following a discussion of the factors to be considered in constructing feasible college budgets, an exercise in budget development is presented involving a hypothetical community college with 2,500 full-time equivalent (FTE) students, 500 in developmental education, 750 each in transfer and technical programs, and 500 undecided. Exercise…

A systems approach to college administration and planning is probably the most valuable tool available for coping with the complex problems facing institutions of higher education today. A system is defined as a set of interrelated elements, units, or subsystems that work together toward a common goal. If a college functions as a system, the…

Discusses importance of academic planning and describes a model-based decision support system for academic units in a university hierarchy. This system integrates macro-level decisions by examining individual departments' budgets to determine future plans. Quantitative techniques for forecasting change are reviewed, including use of spreadsheet…

Long-range planning techniques used by U.S. business corporations and the potential adaptation of these processes by public colleges and universities are examined. The state-of-the-art is developed by reviewing corporate strategic planning methods from the 1950s through the 1970s. Strategic planning, as defined by Drucker, is a continuous process…

Drawing on the authors' extensive experience at Stanford University as well as the work of others, this book offers the first systematic approach to fiscal and human resource planning at colleges and universities. It shows how decision models can and should become an integral part of the planning process. The uses and misuses of planning models in…

Utilizing a computerized model, this paper presents a five-year financial plan for the board of education in North York (Ontario). The model assumes that the present organizational structure and policies of the board will continue and that a zero inflation rate will prevail for the next five years. It assesses financial implications for the future…

Nine sets of annual data on State school finances are used to test a theory of expenditure determination by public school districts. The results support implications of the theory regarding effects of personal income, State and federal aid, the relative price of education, the pupil/population ratio, and enrollment growth on per pupil spending. A…