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Dashboards For University Administration

by Sanket Nadhani, FusionChartsMonday, September 14, 2009

Finance

Universities have multiple sources of income and expenditure which need proper monitoring and management.  So, it is essential that the university's top-level management gets timely updates on the status of cash inflow and cash outflow.  Additionally, university authorities need to monitor the change in the pattern of receipts and expenditures, as this helps in ascertaining the budget for the upcoming year.  Hence, the following metrics should be monitored to ensure the financial stability of the university:

  • Last year's quarterly expenditures
  • Last year’s receipts
  • Expenditure over last five years
  • Receipts over last five years

FusionCharts Education Dashboard Financial performance

Research

Universities are centers of innovation where frontiers of knowledge are extended, therefore research is of great significance to universities.  Every year, universities receive hundreds of research proposals.  Filtering out unessential research proposals is crucial in order to ensure that all ongoing research programs cater to the current needs of the economy.  Since universities receive research grants from the state and the corporate world, university authorities are keen on monitoring the outcome of research.  Hence, the success rate of research programs is considered a crucial performance indicator.  The following are major performance metrics associated with research:

  • Total number of research proposals submitted
  • Acceptance rate of research proposals
  • Success rate of research

FusionCharts Education Dashboard Research view

The metrics discussed here are intended only for senior administrators and not for operational executives.  The metrics described above are a mandatory part of any educational dashboard but can be modified by universities according to their particular needs.  In this respect, each of the subheadings can be expanded to include more data and therefore ultimately lead to the creation of a visually arresting, comprehensive data bank which can make the decision-making process of an institution head much easier.

About the Author

Sanket Nadhani is a part of the FusionCharts team where he is called the "External Interface API."  He helps people visualize their data better and writes for the FusionCharts Blog.

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