An Academic Performance Indicator Using Flexible Multi-Criteria Methods

Olga Blasco-Blasco, Marina Liern-García, Aarón López-García and Sandra E. Parada-Rico
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Olga Blasco-Blasco: Departamento de Economía Aplicada, Facultad de Economía, Universitat de València, Avda. Tarongers s/n, 46022 Valencia, Spain
Marina Liern-García: Department of Maths Analises, Universitat de València, Av. Blasco Ibáñez 13, 46010 Valencia, Spain
Aarón López-García: Department of Computer Science, Universitat de València, Av. Blasco Ibáñez 13, 46010 Valencia, Spain
Sandra E. Parada-Rico: School of Mathematics, Industrial University of Santander, Carrera 27 Calle 9, Edificio Camilo Torres, Bucaramanga 680002, Colombia

Mathematics, 2021, vol. 9, issue 19, 1-19

Abstract: Composite indicators are a very useful tool for conveying summary information on the overall performance of institutions and facilitating decision-making. Increasingly, there is a demand for indicators that allow performance to be assessed after the implementation of a strategy. This has several difficulties, and in this paper, we address three of them: how to evaluate at different points in time, how to estimate the weighting of the criteria and how to normalize the data. Our proposal is based on multicriteria techniques, using a recent method, uwTOPSIS, and is applied to data collected from 2975 students enrolled in the first year of science and engineering at the Industrial University of Santander (Colombia) from the first semester of 2016 to the first semester of 2019. In the paper, we show that our proposal makes it possible to measure and evaluate the academic performance of students at two points in time, and this allows the University to know whether its student support policy has been successful and to what degree it has been effective. Due to the large amount of data handled, data management has been done using R programming language, and model implementation has been done with Python.

Keywords: composite indicators; academic performance indicator; MCDM; TOPSIS; uwTOPSIS (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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