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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,
                                                                  2000          1999        2000         1999
                                                                --------     ---------    --------    ---------
<S>                                                             <C>          <C>          <C>         <C>
Income (loss) from continuing operations                        $   (150)    $   1,217    $    393    $   2,004
Loss from discontinued operations                                     --            --          --         (382)
Gain on sale of discontinued operations                               --            --          --        4,919
                                                                --------     ---------    --------    ---------
Net income (loss)                                               $   (150)    $   1,217    $    393    $   6,541
                                                                ========     =========    ========    =========

Basic earnings per share:

   Weighted average common shares outstanding                      8,542         8,322       8,515        8,283
                                                                --------     ---------    --------    ---------

   Income (loss) from continuing operations                     $  (0.02)    $    0.15    $   0.05    $    0.24
   Loss from discontinued operations                                  --            --          --        (0.05)
   Gain on sale of discontinued operations                            --            --          --         0.59
                                                                --------     ---------    --------    ---------
   Net income (loss) per common share                           $  (0.02)    $    0.15    $   0.05    $    0.79
                                                                ========     =========    ========    =========

Diluted earnings per share:
    Weighted average common shares outstanding                     8,542         8,322       8,515        8,283

    Addition from assumed exercise of stock options                   --           282         243          252
                                                                --------     ---------    --------    ---------
    Weighted average common and common equivalent
      shares outstanding                                           8,542         8,604       8,758        8,535
                                                                ========     =========    ========    =========

    Income (loss) from continuing operations                    $  (0.02)    $    0.14    $   0.05    $    0.23
    Loss from discontinued operations                                 --            --          --        (0.04)
    Gain on sale of discontinued operations                           --            --          --         0.58
                                                                --------     ---------    --------    ---------
    Net income (loss) per common and common equivalent share    $  (0.02)    $    0.14    $   0.05    $    0.77
                                                                ========     =========    ========    =========
</TABLE>



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