Cost Effectiveness Analysis of Converting a Classroom Course to a Network Based Instruction Module.
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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The Superintendent of the Naval Postgraduate School NPS presented a State-of-the-School address that profiled the university of the future. This futuristic university included Network Based Learning NBL to provide training to a dispersed audience. Through a Jackson Foundation Grant, the NPS Institute for Education and Analysis IDEA is funding two contractors to convert two Executive Management Education EME classes into NBL modules. This thesis performs a cost effectiveness analysis on converting the two modules and discusses the intangible costs and benefits associated with converting traditional classroom courses. Using data collected from IDEA and the Bureau of Medicine and Surgery, this thesis analyzes the total cost per student as a greater number of courses are converted to NBL modules as compared to an EME conference format with no NBL modules. The findings revealed that converting only two modules is by no means cost effective in the short term. However, cost savings can be realized by converting more modules. As the same modules are used repeatedly, the high start-up costs eventually become cost effective. The many intangible benefits of NBL also add to the effectiveness of this endeavor.
- Economics and Cost Analysis
- Test Facilities, Equipment and Methods