Peabody is committed to providing the most talented students with the skills necessary to pursue a career in music or dance.  How we assess success manifests itself in many ways.  One important component includes defining and maintaining a set of metrics as well as a defined peer group with whom we readily identify and compete.  As we move into and through this plan, we are committed to targets around these metrics and in comparison to our peers, assessing progress against those targets.

Metrics

Peabody is committed to the following benchmarking categories as guidelines to better understanding institutional success and as a robust way of assessing peer comparatives where data is available:

• Admissions: application numbers; selectivity, yield, student diversity
• Student Achievement & Success: graduation rates; entrance into graduate programs; competition and festival participation; injury prevention; professional placements
• Faculty: performance profile; awards, publications, adjudication and recordings; compensation; recruitment of top students; diversity
• Curriculum: results of internal and external curriculum and departmental review processes; preparedness for high-level graduate study; preparedness for professional activity including career skills as measured by SNAAP data; innovation and creating creative career paths
• Facilities: quality of performance venues, practice and rehearsal space; accessibility of technology; instrument quality; student amenities
• Financial Sustainability/Resources: operating budget; scholarship and financial aid; available endowment sources and current use fundraising