WFL Centre cost model
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Work Focused Learning unit's cost modelStephen Powell, Bill Olivier & Richard Millwood
July 2013
Estimates based on Ultraversity experience and actual proportions of admin staff at University of Bolton. These are steady state operational cost, additional costs for start up would be incurred.
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FunctionStaff FTEsBasic SalariesOn CostsSalariesTotalEstimates for Staff FTEsUoB StaffComment
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Facilitation @ 25 students/FTE12.00£35,00025%£43,750£525,00012.00based on Ultraversity (average salary)
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Academic1.00£55,000£68,750£55,0001.00based on Ultraversity
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CPD0.40£55,000£68,750£22,0001.00based on Ultraversity
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Human resources0.30£30,000£37,500£9,0000.309for 9,000 at Bolton
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Finance1.00£35,000£43,750£35,0000.5316for 9,000 at Bolton
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IS&T (development & support)1.00£30,000£37,500£30,0000.7322for 9,000 at Bolton, but more needed for WFL
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Marketing and advertising1.00£30,000£37,500£30,0000.4012 for 9,000 at Bolton, but more needed especially initially
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Admissions0.20£30,000£37,500£6,0000.206for 9,000 at Bolton
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Student data management0.20£30,000£37,500£6,0000.309for 9,000 at Bolton
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Student services0.90£30,000£37,500£27,0000.9027for 9,000 at Bolton
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QAE0.30£55,000£68,750£16,5000.278for 9,000 at Bolton
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Business development support0.20£40,000£50,000£8,0000.072for 9,000 at Bolton
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Management0.50£55,000£68,750£27,5000.5015for 9,000 at Bolton
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sub-total19.00£797,0009,000
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Infrastructure overheads
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Governance£8,960x 4 meetings p/a @ travel=£150; Accom=£150; Food=£20 -> £320/head for 7 govnrs
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Advertising Costs£25,000materials and distribution
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Staff computers£12,667 £2,000 depreciated over 3 yrs = £1,000 p/a
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Office allowance for home working£19,000£1000 p/a per worker, office, desk, chair, broadband, lighting, heating (or tax offset?)
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Student learning resources (SCONUL etc.)£25£7,975@ £25 per person, staff + students
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Server infrastructure£3,000Cloud-based - figure needs checking
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Meeting costs£19,380x 3 meetings p/a @ travel=£150; Accom=£150; Food=£40 -> £320/head for all staff
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sub-total£95,982
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Total Costs£892,982
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Income
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Student Fees£3,500annually
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No. of Students300Expect drop out rate c.1/3rd, so initial cohort recruitment approx. 150 p/a
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Total income£1,050,000
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Surplus/Loss£157,018
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Academic Staff Costs13.40£602,000
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Support Staff Costs5.60£305,000
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Ratio of Support to Academic Staff0.4250.66%
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Fully Operational
Year 1 Operational
Year 2 Operational
Start-up
 
 
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