The Vendor is required to provide an academic program review and market data analysis.
- The purpose of this engagement is to develop a strategic roadmap for future program development and enhancement.
- This includes assessing student demand, competitive positioning, job market alignment, and financial sustainability to ensure program viability and growth.
- Must have experience developing custom data blocks to review academic programs.
- Must include enrollment data and program delivery cost.
- Must have dashboard reporting tools for stakeholders to monitor academic program performance.
- Provide URL of your dashboard reporting tools.
- Must have the ability to provide employment market insight for academic programs.
- Deliverable via Excel or portal access updated every year.
- Must be able to provide market data analysis that includes labor market trends, competitor insights, and future program opportunities.
- Deliverable via Excel or portal access updated every year.
- Review of Academic Programs
• Develop custom data blocks to systematically review agency academic programs.
• Collect and analyze demographic data associated with admissions trends, retention rates, and student success.
• Identify gaps and opportunities in the curriculum that align with evolving market needs.
• Ensure all data is accessible via technology-enabled platforms, supporting real-time updates.
• Develop dashboard reporting tools for stakeholders to monitor academic program performance.
- Market Data for Academic Programs
• Conduct labor market research to assess trends and demand for various academic disciplines.
• Provide a comparative competitor analysis of similar programs at peer institutions.
• Gather and analyze student demand data, including enrollment trends, career outcomes, and program popularity.
• Provide employment market insights, including:
1. Labor data on job market outlook for academic programs.
2. Estimated wage data for professions associated with each program.
3. Skills gap analysis to determine industry-required competencies.
- Academic Program Evaluation
• Assess the optimal enrollment size for each program to ensure sustainability and scalability.
• Evaluate faculty requirements and resource allocation needed to support program delivery.
• Develop a financial model to predict return on investment (ROI) for each academic program. This should include a formula-based budget model for academic programs to allocate operational and personnel funding, and course level review should be included.
• Provide data-driven recommendations on whether to expand, modify, or phase out specific programs.
- Contract Period/Term: 3 years
- Questions/Inquires Deadline: September 30, 2025
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