A Case Study - Exploring the Cost Structures of Selected Programmes in an Indian University

(2017). National Research Journal of Humanities and Social Sciences, 5(10), 133-145

18 Pages Posted: 6 Mar 2018

See all articles by M. Bhasi

M. Bhasi

Cochin University of Science and Technology (CUSAT)

Asha E. Thomas

Mahatma Gandhi University

Anagha Ravinatha

SCMS Cochin School of Business, Students

Date Written: December 27, 2017

Abstract

In the Indian higher education sector, the impetus has been always on the inputs to the system based on the prevalent market demands. The programmes are all designed based on the existing rules and regulations. There is little emphasis given to the evaluation of various programmes based on its overall cost, which is an essential requirement to make the system cost-efficient. The present study is conducted to address this gap in the Indian higher education system. The research is exploratory in nature, trying to understand the cost associated with selected programmes in a University. An attempt is made to make a relative cost- benefit analysis of different programmes offered in the University in order to arrive at conclusions regarding the operational efficiency of the ongoing programmes. At a later stage, this analysis can assist in establishing benchmarks for various programmes offered in Indian higher education sector. Findings of the study could be useful to educational administrators and policy makers during the designing and budgeting of various programmes in the Indian context. Results can also help in evolving product norms at the time of fee fixing of different programmes in the country.

Keywords: Operational Efficiency, Cost Structure in Universities, Indian Higher Education Sector, Cost-Benefit Analysis

JEL Classification: A29, I21, I23

Suggested Citation

Bhasi, M. and Thomas, Asha E. and Ravinatha, Anagha, A Case Study - Exploring the Cost Structures of Selected Programmes in an Indian University (December 27, 2017). (2017). National Research Journal of Humanities and Social Sciences, 5(10), 133-145. Available at SSRN: https://ssrn.com/abstract=3130682

M. Bhasi

Cochin University of Science and Technology (CUSAT) ( email )

Cochin, Kerala 682 022
India

Asha E. Thomas (Contact Author)

Mahatma Gandhi University ( email )

Kalamassery
Kerala
India

HOME PAGE: http://www.stpauls.ac.in/static/contactus.aspx

Anagha Ravinatha

SCMS Cochin School of Business, Students

Prathap Nagar
Cochin
India

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