Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: University Enrollment and Student Achievement A07-V2
We benefit from the Bologna reform to show how course and program policies affect academic achievement. We examine two similar programs at the business school of a major European university, which were both reformed. Time lags in the reforms allow us to estimate the difference in the differences of student performance in a compulsory second-year course. Performance fell as the impact of the course on the graduation certificate decreased and the time until students received the certificate increased. More students failed as they were allowed to resit the exam more often. Both effects depend on ability. We conclude that program policies matter and universities should be aware of their effects.