@techreport{e0782c5bc2ad443db0ad9a5963c7ed45,
title = "A Quantitative Optimization Framework for Market-Driven Academic Program Portfolios",
abstract = "We introduce a quantitative model that can be used for decision support for planning and optimizing the composition of portfolios of market-driven academic programs within the context of higher education. This model is intended to enable leaders in colleges and universities to maximize financial performance of the selection of market-driven academic programs while also achieving qualitative targets for dimensions of the portfolio (e.g., mission alignment, student demographics, and faculty characteristics). This model is then applied to a case from a school of continuing education at a prestigious private university in the US. The results of the case highlight the potential positive impact of utilizing a model such as this for planning purposes.",
keywords = "program portfolio optimization, strategic planning, integer linea programming, higher education, quantifying qualitatvie program data",
author = "Joshua Burgher and Herbert Hamers",
year = "2017",
month = may,
day = "15",
language = "English",
volume = "2017-025",
series = "CentER Discussion Paper",
publisher = "CentER, Center for Economic Research",
type = "WorkingPaper",
institution = "CentER, Center for Economic Research",
}