Cost and Financing in Open Schools/Unit 9 - Exercises 9.2 and 9.4
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Exercises 9.2 and 9.4
In this case study, delivering the Certificate in Cost Accounting programme through paper-based distance education is considerably more efficient than through traditional, face-to-face classes. As discussed in Unit 2, in most cases where sufficient students register for a particular programme and variable costs are controlled, the average cost per student will be lower for ODL systems than for conventional education. This is a key difference in the cost structure between the two modes of delivery.
| Programme | Delivery Mode | Total Student Enrolments | Total Graduates | Success Rate (percent) | Total Costs (Cdn.$) | Average Costs per Student (Cdn.$) | Average Cost per Graduate (Cdn.$) |
| Cert in Cost Accounting | ODL | 131 | 43 | 32.8% | 34,977 | 267 | 813 |
| Cert in Cost Accounting | Conventional | 954 | 886 | 92.9% | 712,433 | 747 | 804 |
| Programme as a Whole | Combined | 1,085 | 929 | 85.6% | 747,410 | 689 | 805 |
| Efficiency Ratio | 0.36 | ||||||
| Cost-Effectiveness Ratio | 1.01 |
