• Martin, 2011, has referred to the Higher Education Funding Council for England (HEFCE) stating the five purposes of forming KPIs- ‘to provide better and more reliable information on the performance of the sector; to contribute to the public accountability of higher education’ to enable institutions; to benchmark their own performance; to inform policy developments; and to allow comparison between individual institutions,.
• Torres et al., 2011; Sordo et al., 2012 are after opinion that the most often model seen in the literature is Balanced Scorecard. The perspectives of Balanced scorecard for measuring the performance are: (1) Financial perspective (2) Stakeholder perspective (3) Internal business process perspective (4) Learning and growth
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One of the aims of Higher Educational Institutions is to accomplish results in services for the customers and terms of products and other stake holders. In this paper, they have reviewed latest studies in top journals using the Balanced Scorecard (BSC) Framework in Higher Educational Institutions and identify the related perspectives for Higher Educational Institutions (HEI) and present its appropriate analysis. When implemented, this can be used to scrutinize their performance and allow them to adjust to rising challenges that come as a result of implementing key …show more content…
No substantial step has been taken to maintain the quality of education and to enhance the efficiency of these institutions. The quality of education in India has decreased manifolds due to the exceptional rise in the number of educational institutions in our country. Students studying in these institutions are also facing a variety of problems and for them it has become difficult to succeed in their lives in the absence of quality education in such institutions. As compared to India, foreign countries appear more vigilant for the standardization of their educational institutions. Therefore, in foreign countries, evaluation of educational institutions is done from time to time and needful is done to raise the standard of educational institution. In India this system is still lacking penetration.
5. NEED OF THE STUDY
Assessment of educational institutions all the time helps the prospective students to take the decision; whether to join a particular institute or not for his/her study. Although a student’s decision should not be driven completely based on ranking of the institution, still the ranking information gives a fair idea about the institution, its study environment and the future scope. So, to bridge the gap in the research, effort has been made in the present study to evaluate Measurement of Performance of SGPC Educational