. Behrooz Pouragha; . Mehdi Tayebi Arasteh; . Ehsan Zarei; . Mahdieh Abdolahi; . Hojjat Sheikhbardsiri
Volume 10, Issue 7 , July 2020, , Pages 1-6
Abstract
INTRODUCTION: The educational service is expensive and having the right financial information isone of the most important tools for managing financial resources. Therefore, due to the ...
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INTRODUCTION: The educational service is expensive and having the right financial information isone of the most important tools for managing financial resources. Therefore, due to the importanceof this issue, this study aimed to determine the cost of educational services for medical sciencesstudents at Alborz University of Medical Sciences.METHODOLOGY: A cross-sectional study was conducted between March 20, 2018, and March 20,2019, at Alborz University of Medical Sciences. The current and capital cost data were extractedfrom the university’s financial database, and the cost price of services provided was calculated usingthe activity-based cost model.RESULTS: The mean annual cost of services per student was $4778, and the mean cost of educationper hour was $113. The total cost price of services provided per student at the school was 65% forwages and salary, 26% for depreciation of building and equipment, and 9% for consumable goodsand services. Furthermore, the share of different cost centers to the total cost price of servicesprovided per student was 82% for educational services, 11.9% for student welfare services, and6.1% for research services.CONCLUSION: Costs of personnel, especially pays to faculty members and the costs of capitalexpenditures, are the most important costs in higher education institutions. It seems reducing ofpay to faculty members through novelty approach of education and evaluation, reducing capitalexpenditures through use effective of buildings and equipment that can be placed higher educationinstitutions in the path to productivity.
