Web proceedings papers


Mence Ivanovska , Leonid Djinevski and Sime Arsenovski


Private universities as for profit institutions are in constant effort to make worthwhile decisions. In order to accomplish this goal, they have to base those decisions on deep comprehensive analysis. Instead of intuitive reasoning, managers should lean on accurate, fast calculating quantitative models. Big support to this decision making process comes from the use of software suitable for creating different scenarios. This paper presents computational module that analyzes the viability of each faculty in one university and based on that helps in taking the decision to keep or eliminate a particular department or faculty. The aim of the paper is to show how the issue with the courses overlapping between the departments is overcome and only the incremental amounts are being evaluated.


University Management, Decision Making, Private Univer- sities.