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Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA. CMA Parag Rane M.Com, FCMA Aurangabad Chapter Institute of Cost Accountants of India. Role & Responsibility of CMA. Understanding Process & Dynamics Analysis of Costs (value) & Variances w.r.t Process
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Value Creation & Valuation of Value Creation in ACADEMIC PROCESS Role of CMA CMA Parag Rane M.Com, FCMA Aurangabad Chapter Institute of Cost Accountants of India CMA Parag Rane
Role & Responsibility of CMA • Understanding Process & Dynamics • Analysis of Costs (value) & Variances w.r.t Process • Controlling Losses & Damages • Assessment & Confirmation of Value Creation • Contribution to Profitability • Contribution in Continuity, Survival & Succession i.e. GROWTH CMA Parag Rane
Valuation • Valuation is an opinion or an estimate determined by many factors like the purpose, place, time , supply, demand, depreciation, obsolescence etc. • Significance & Influence of Valuer CMA Parag Rane
Value in the Process SATISFIED VALUE IN PROCESS OUT CMA Parag Rane
Parameters of Academic Value • Compliance of Academic process in terms of Syllabus completion • Academic assessment & evaluation process • Teaching & Learning process upgradation • Outcome / Result up gradation • Academic Excellence & Satisfaction to all stakeholders • Recognition of Academic Value by others • Growth in terms of On Roll Registration • Preference for the Value over others CMA Parag Rane
VALUE DELTA CREATION DELTA PROCESSORS PROCESSEE VALUE PROCESS CMA Parag Rane
Valuation of Academic PROCESS CMA Parag Rane
Identification of PROCESSEE • Profile • Valuation of Knowledge content • Valuation of Skills Content • Valuation of Attitude Content • Family Background CMA Parag Rane
Identification of PROCESSORS CMA Parag Rane
Work Load in PROCESS (TMS) CMA Parag Rane
Learnings from the Past CMA Parag Rane
Areas of Improvement CMA Parag Rane
Planning for Growth • Individual Growth Plan • Institution Growth Plan CMA Parag Rane
Evaluation Methodologies & Standards Quality Academic Process Planning & Review CMA Parag Rane
Course Handout Improvement • Initial Assessment • Implementation • Intermittent Regular Reviews • Final Assessment • Planning for the Future CMA Parag Rane
Lesson Plan Preparation & Improvement • Initial Assessment • Implementation • Intermittent Reviews • Final Assessment • Planning for the Future CMA Parag Rane
COSTING CONCEPTS IMPLEMENTD • Process Costing • Equivalent Production • Operating Costing • Standard Costing • Budgetary Control • ABC CMA Parag Rane
Valuers & Valuation Reports – Samples • Ranking Framework for Universities and Colleges NIRF • IR2017_Report • NAAC Parameters & Valuation Cost • https://www.nirfindia.org/parameter CMA Parag Rane
THANK YOU ALL LET US DISCUSS CMA Parag Rane