Model of Enrollment 🎓 📊
A detailed model to understand and predict student enrollment for postgraduate programs based on various factors. Dive in to explore how different parameters affect the enrollment decisions of students!
🌟 Overview
We're aiming to craft a mathematical model that's rooted in real-world conditions but also accounts for hypothetical scenarios, providing a comprehensive understanding of the enrollment landscape.
🎯 Preconditions:
- 🪑 100 slots available for the master's program.
- 💰 15 of those slots are funded (budgeted).
🤔 Assumptions:
- 🎓 The number of students applying for the master's program is estimated to be between 1/3 and 1/4 of those who obtain a bachelor's degree.
- 📈 Predominantly, those who were in the upper part of the ranking will enroll in the master's program. Expected ratio is approximately 80/20.
🎯 Target:
- 🖥️ To create a mathematical model for the enrollment of the IT Software Development stream, which can be later verified.
📜 Parameters (Hypothetically Based):
- 📌 Initially, we will consider the model as a linear combination of elementary functions.
- ➡️ We will transition to more complex variants later.
🛠 Model:
1. Desire to Join Masters 🎓❤️:
Let the "desire" to join the master's be represented as:
Where f(i)
denotes the success metric in the i-th semester.
If
w
≤ 0, the student does not go to the master's.
2. Group Equalization Coefficient 🧮:
Given the uneven distribution of groups, we introduce an equalization coefficient. For instance, groups 5-10 have a weight of c = 0.9 during enrollment.
3. Average Rating Position 🌟:
Extract insights from historical data to compute an average ranking position:
4. Average Grade Calculation 📚:
Determine the student's average grade:
Note: S represents the set of semesters.
5. Success Metric 🏆:
Defining success:
6. Random Variable 🎲:
Capture the student's enrollment uncertainty:
✈️ :
7. Foreign University Enrollment Temptation Higher grades might tempt students to enroll abroad:
📝 Resulting Equation:
Here, A
represents the final enrollment decision based on all the factors discussed above.