Tools

Financial Viability & Sustainability Tool

(FVST)

This tool is intended to provide a full cost accounting of academic programs. Users are encouraged to modify based on institutional needs. The tool is intended to provide an assessment of financial viability and sustainability at program inception, annually, and also at the point of program cyclical eview.

Access FVST

  • This tool is open access. For customization support or further information, please reach through the contact page.

  • The FVST is intended to provide a comprehensive costing of academic programs. If your institution is interested in any customization, please reach out through the contact link.

  • Kotsopoulos, D., McKee, J., Goebel, T.,  Dickson, B. A., Groen, J., & Jain, R. (2025). Financial viability and sustainability tool (FVST).

    Kotsopoulos, D., McKee, J., Goebel, T.,  Dickson, B. A., Groen, J., Savas, R., Nitsotolis, J. (in press). A review of the external processes related to assessing quality of new undergraduate academic programming in Canada in universities. Canadian Journal of Educational Administration and Policy.

  • Ritika Jain, Master of Science in Management (MSc), Business Analytics (Candidate), Ivey School of Business, Western University, London, Ontario, Canada. Email: Ritika@higher-education-insights.ca.

Academic Advantage Analyzer

(A³)

This tool is intended to provide a full cost accounting at the level of an academic unit. It includes the FVST.

Access A³

  • This tool is open access. For customization support or further information, please reach through the contact page.

  • The A³ is intended to provide a comprehensive costing of academic programs at the unit level. If your institution is interested in any customization, please reach out through the contact link.

  • Goebel, T., Kotsopoulos, D., McKee, J., Groen, J., Dickson, B. A., & Jain, R.

  • Ritika Jain, Master of Science in Management (MSc), Business Analytics (Candidate), Ivey School of Business, Western University, London, Ontario, Canada. Email: Ritika@highter-education-insights.ca.