Cases 14 5. Develop a numerical ABB example from the Psychology Department, which has the following operating characteristics. Note that the full time faculty teach most course sec- tions, but some are taught by a part-time faculty who teach one or two course sections per year. Academic cost and revenue drivers Faculty Quantity Types Capability Mix Academic Programs Capacity Diversity Complexity Revenue Drivers Enrollment Retention Career Opportunities Faculty Costs Salaries - Benefits Admin. & indirect support Program Support Costs Administration Marketing Facilities Equipment Supplies College Revenue Net Tuition Endowment Income Gifts College Budget Revenues - Marketing Costs Unassigned costs Case 5.3 Budget Map per section Psychology Department Full-time (FT) faculty 10.00 FT faculty, available to teach 9.50 FT teaching load, sections 6 per year FT capacity, sections 57 per year Average salary, FT $34,000 per year Benefits 17% FT faculty rate ? Part-time (PT) rate $ 2,500 per section Average enrollment 12 per section Course sections planned Undergrad. Graduate Taught by full-time 23 5 per year Taught by part-time 6 per year Tuition rate S 2,100 $ 2,400 per section Departmental overhead Department chair (.S FT) $17,000 per year Department administration $10,000 per year Cases 14 5. Develop a numerical ABB example from the Psychology Department, which has the following operating characteristics. Note that the full time faculty teach most course sec- tions, but some are taught by a part-time faculty who teach one or two course sections per year. Academic cost and revenue drivers Faculty Quantity Types Capability Mix Academic Programs Capacity Diversity Complexity Revenue Drivers Enrollment Retention Career Opportunities Faculty Costs Salaries - Benefits Admin. & indirect support Program Support Costs Administration Marketing Facilities Equipment Supplies College Revenue Net Tuition Endowment Income Gifts College Budget Revenues - Marketing Costs Unassigned costs Case 5.3 Budget Map per section Psychology Department Full-time (FT) faculty 10.00 FT faculty, available to teach 9.50 FT teaching load, sections 6 per year FT capacity, sections 57 per year Average salary, FT $34,000 per year Benefits 17% FT faculty rate ? Part-time (PT) rate $ 2,500 per section Average enrollment 12 per section Course sections planned Undergrad. Graduate Taught by full-time 23 5 per year Taught by part-time 6 per year Tuition rate S 2,100 $ 2,400 per section Departmental overhead Department chair (.S FT) $17,000 per year Department administration $10,000 per year
