Demystifying Revenue Generation: Fiscal Responsibility in Education Abroad
Thursday, May 29, 2025
9:30 AM – 10:20 AM PST
Self-funded offices that must work on revenue generation are not new to education abroad, but many grapple with how to approach this task in their offices. This session explores what it means to be self-funded and outlines ways in which offices can generate revenue without jeopardizing their academic and professional integrity.
Learning Objectives:
Enhance your understanding of revenue generation and self-funded office structures, and why a deeper understanding of both are invaluable to achieving your strategic goals.
Develop a deeper understanding of critical financial terminologies such as Revenue, Gross/Net Profit margins, Cost of Goods Sold, For Profit vs Non Profit, etc.
Learn how offices can generate revenue and ways in which this stream of income can positively impact office teams and systems. Revenue shouldn’t be considered a dirty word; it’s vital in the sustainability of a campus, an office and a team.
Analyze real-life current examples and develop your own understanding of how to creatively employ revenue generation strategies in order to train, engage, and retain your staff. These case studies will also provide an insight into how to support underrepresented students by ensuring financial accessibility to education abroad.