Admission Prediction Using Time Series Analysis

Efficient resource allocation and strategic planning in educational institutions heavily rely on accurate predictions of student admissions. This paper presents a detailed investigation into the application of time series analysis techniques for admission prediction. We explore the utilization of historical admission data, spanning multiple academic cycles, to train and evaluate several time series models.The study encompasses a comparative analysis of traditional statistical models such as autoregressive integrated moving average (ARIMA) and seasonal autoregressive integrated moving average (SARIMA) alongside more advanced deep learning techniques like long short-term memory (LSTM) networks. By evaluating the performance metrics, including accuracy, robustness, and computational efficiency, we aim to identify the most suitable model for admission prediction tasks. Moreover, the research delves into the impact of various external factors such as changes in the academic calendar, socio-economic indicators, and demographic shifts on admission patterns. Understanding these factors is crucial for enhancing the predictive capabilities of the models and enabling institutions to adapt their strategies accordingly. The experimental results and comparative analysis provide valuable insights for educational institutions, enabling them to make data-driven decisions regarding enrollment management strategies and resource allocation. Ultimately, this research contributes to the advancement of admission prediction methodologies, facilitating more efficient and informed decision-making processes in the educational domain.