Stable Pairing Methods : Example of the SPM and SKM programmes at Corvinus University of Budapest

Absztrakt (kivonat)

There is a crucial point to find an appropriate practice of admission for institutions in higher education. In this study we focus on a certain case, the entrance tests of the elective advanced level courses at Corvinus University of Budapest. The so-called IMP programme is a frame for extra studies which consists of advanced finance and advanced economic study programmes. The entry process selects students for more different levels and types of programmes for this study frame. Our example of the student and track matching process helps us to reveal the most common aspects which should be considered in preliminary examinations and in case of applications for admissions. The essay describes the aims and the application practice of the programme in order to provide a common ground for the discussion. We investigate the efficiency of the current testing method in two particular points of view. At first, because of an asymmetric information situation, the program management has to measure the competences of the applying students and their preferences about the programme. We analyse the predictive power of the entry scores. Secondly, we consider the process which matches the students with particular types of the programmes. Using simulation techniques, we apply some matching algorithms (based on Gale and Shapley algorithm) to analyse the stability and welfare effects of the process and to formulate our recommendations.