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School of Engineering and Design

University of Bridgeport. School of Engineering and Design. Three Models for Undergraduate Income Allocation. University of Bridgeport. School of Engineering and Design. Example ( For year 2001 – 2001). University of Bridgeport. School of Engineering and Design. Assume:

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School of Engineering and Design

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  1. University of Bridgeport School of Engineering and Design Three Models for Undergraduate Income Allocation

  2. University of Bridgeport School of Engineering and Design Example ( For year 2001 – 2001)

  3. University of Bridgeport School of Engineering and Design • Assume: • Average yearly income from UG CS/ CpE approx. $ 5000. • Average yearly income from UG Design approx. $ 6000. • % of courses in School of Engineering and Design for UG CS/CpE approx 55%. • % of courses in School of Engineering and Design for UG Design approx 60%. • Average semester hours/year for UG CS/CpE approx. 28 ( Co-op, etc.) • Average semester hours/year for UG Design approx. 32. • ð Average income/semester hour for UG CS/CpE approx. $ 5000/28 = $179 • ð     Average income/semester hour for UG Design approx. $ 6000/32 = $188

  4. University of Bridgeport School of Engineering and Design • Model 1 • Allocate Fall income to School of Engineering and Design for ALL Design/ CSE Undergraduate majors: • ð  (36 + 16) students * $ 6000 = $ 312,000 • + (73 + 76) students * $ 5000 = $ 745,000 • ð  Total UG. SED income = $1057,000

  5. University of Bridgeport School of Engineering and Design • Model 2 • Allocate income to SED based on percentage of courses in the SED that Undergraduate majors take: ( and give credit to other schools/service departments). • ð     (36 + 16) students * $ 6000 * 60% = $ 187,000 • + (73 + 76) students * $ 5000 * 55% = $ 410,000 • ð Total UG SED income (adjusted) = $ 597,000

  6. Model 3 • Allocate income to SED based on number of credit hours offered to undergraduate in SED classes: • Allocate each undergraduate CS/CpE credit hour $ 179 • Allocate each undergraduate Design credit hour $ 188 • ð  For Fall 2000 (CS/ CpE/ EE/Engg) undergraduate semester hours • offered = 1008 hours. • ð  For Fall 2000 Design UG semester hours offered = 496 hours. • ð     1008 * $ 179 = $ 180,432 • + 496 * $ 188 = $ 93,248 • ð    Total for one semester approx. = $ 273,680. • ð   Total Undergraduate SED income (adjusted)/year approx. = $547,000 • Notice that Model 2 and Model 3 do converge to similar results.

  7. Model 3 (Contd.) • Using method 3 ( The Most Conservative) would yield an expected (real) • school income based on class offering (not based on student major ) of: • ð     Graduate income expected = $ 2,677,280 • + (Adjusted) undergraduate income expected = $ 547,000 • ð     Total = $ 3,224,280 • Notice • This analysis does not account for graduate students taking undergraduate pre-requisite classes and paying full tuition. • The analysis does not count in fees other than tuition. • Total expected expenditure for School of Engineering and Design is • $ 2,240,905 • ð     Expected “profit” margin is = $ 983,375. • ð     Expected Total income/expense ratio is approx. = 1.44

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