ASR Analytics Puts Predictive Analytics directly into the hands of the enrollment manager
Seattle, WA (NYSE) 25 September 2008
During the visit, the National Association for College Admission Counselors (NACAC) 64 Annual Meeting, presented its new ASR Predictive Analytics Solution for Recruitment and Admission. The new solution is designed to put the power of advanced analytics directly into the hands of enrollment management professionals for better evidence-based decision making. ASR’s Recruitment analytical models use institution-specific data to estimate statistically valid forecasts of future enrollment, net tuition revenue, and even deposition. These models provide enrollment managers with evidence-based predictions for the design of the incoming class with the “ideal” students for their institution.
ASR solution is different. Admissions professionals can interact with the models to different scenarios enrollment creation and modification of the model assumptions. This helps them understand the inevitable trade-offs that happen if they can simulate various political “leverage”. ASR solution focuses on those models on the Internet for non-technical professionals approvals. Most of the solutions on the market require an IT professional to data in a particular file format to a third party to extract an analytical model can provide estimates. The Institute has a static report guide planning decisions, but they can not simulate a variety of scenarios.
ASR’s new Predictive Analytics Solution for Recruitment and Admission will help the institution develop their recruitment strategy and at the same time provide better day-to-day tactical decision making. The solution will help institutions to:
Identify causal factors for enrollment
Analyze the prospect pool for more efficient purchases list
Simulate a variety of scenarios Registration
Enrollment forecast on a daily basis throughout the lifecycle recruiting
Perform impact analysis and assessment decision
There were three main objectives in the development of the framework:
1 Enter a user-friendly way for busy enrollment management professionals to interact with predictive models in the institutional planning assistance.
2 Create a solution that works with existing tools and technology already in use at the facility.
3 Eliminate the need for customers to pay new recurring license fees.
The secret to success for achieving these goals lies in the ability of the ASR analytical solutions to integrate the institutions, their people, processes and technology to development. “We believe it is critical that advanced analytics directly into the hands of those doing the planning and implement the decisions,” said Dr. Peter Arena, ASR-founding principal and chief statistician for higher education. “With simple point-and-click interfaces -.. enrollment professionals, data and information to bring to life The result is a comprehensive functionality that makes it easier to visualize data, simulate, before decisions are made, and finally optimize recruiting “
visit more about ASR solutions for universities to know:
ASR’s Predictive Analytics Solution for Recruitment and Admissions: http://www.asranalytics.com/solutions/education/recruitment-analytics/
ASR solutions for higher education: http://www.asranalytics.com/solutions/education/
ASR Business Intelligence Blog: http://www.asranalytics.com/category/blog/
About ASR Analytics, LLC
ASR Analytics LLC (ASR) provides high-end business intelligence and analytical consulting to clients in higher education. ASR will provide institutional decision makers with self-service decision support tools to enable them effectively in their recruitment, retention and accountability initiatives. To learn more about our solutions, please visit: http://www.asranalytics.com/
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