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                                                                      EXHIBIT 11

                          ELITE INFORMATION GROUP, INC.
                        COMPUTATION OF EARNINGS PER SHARE
                      (In thousands, except per share data)
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                         Three months ended                Nine months ended
                                                                            September 30,                    September 30,
                                                                       1999              1998            1999              1998
                                                                    ---------         ---------       ---------         ---------
<S>                                                                 <C>               <C>             <C>               <C>
Net income (loss) from continuing operations                        $   1,217         $     139       $   2,004         $  (1,075)
Net income (loss) from discontinued operations                                           (2,851)           (382)           (4,304)
Gain on sale of discontinued operations                                                                   4,919
                                                                    ---------         ---------       ---------         ---------
Net income (loss)                                                   $   1,217         $  (2,712)      $   6,541         $  (5,379)
                                                                    =========         =========       =========         =========

BASIC EARNINGS PER SHARE:

    Weighted average common shares outstanding                          8,322             8,765           8,283             9,023
                                                                    =========         =========       =========         =========

    Net income (loss) from continuing operations                    $    0.15         $    0.02       $    0.24         $   (0.12)
    Net income (loss) from discontinued operations                                        (0.33)          (0.05)            (0.48)
    Gain on sale of discontinued operations                                                                0.59
                                                                    ---------         ---------       ---------         ---------
    Net income (loss) per common share                              $    0.15         $   (0.31)      $    0.79         $   (0.60)
                                                                    =========         =========       =========         =========

DILUTED EARNINGS PER SHARE:
    Weighted average common shares outstanding                          8,322             8,765           8,283             9,023

    Addition from assumed exercise of stock options                       282                               252

    Weighted average common and common equivalent
                                                                    ---------         ---------       ---------         ---------
        shares outstanding                                              8,604             8,765           8,535             9,023
                                                                    =========         =========       =========         =========

    Net income (loss) from continuing operations                    $    0.14         $    0.02       $    0.23         $   (0.12)
    Net income (loss) from discontinued operations                                        (0.33)          (0.04)            (0.48)
    Gain on sale of discontinued operations                                                                0.58
                                                                    ---------         ---------       ---------         ---------
    Net income (loss) per common and common equivalent share        $    0.14         $   (0.31)      $    0.77         $   (0.60)
                                                                    =========         =========       =========         =========
</TABLE>


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