general MBA, this amounts to $74,644 in Year 1, $146,117 in Year 2, and $107,630 in Year 3 in net income to the university based on 2024-25 graduate tuition and fees for a full-time student. The breakeven point is estimated at 14 student FTE. It is expected that the proposed MBA program will break even and earn positive net income in year 1. Please see the table below for the detailed projection:
Investment and Realistic Growth NOTES YEAR 3 YEAR 2 YEAR 1
FTE Student Cohort & Retention (Fall-Summer)
18
24
30
Initial recruitment- current graduating seniors in CB, CEPS, CAH Year estimate based on 4 quarters (fall-summer) Only General MBA- 45-48 credit hours Graduate tuition rate applied. Included NTT and staff salaries , stipend for corporate fellow/PD/marketing/library
Graduate Revenue
$356,995
$475,993
$594,991
Personnel & Operating Expenses*
$235,135
$426,904
$255,104
Net Income/Loss
$121,860
$168,087
$220,889
Breakeven is at12 student FTE. Initial development of MBA and leveling course development made by CB foundation money. Universitycommitment to support expensesfrom Year 1.
REQUEST The College of Business is requesting approval to proceed with offering the Masters of Business Administration program at Central Washington University.
Made with FlippingBook - professional solution for displaying marketing and sales documents online