How many students does the college need to enroll

Reference no: EM13179898

The College of Business at Tech is planning to begin an online MBA program. The initial start-up cost for computing equipment, facilities, course development, and staff recruitment and development is 350,000. The college plans to charge tuition of 18,000 per student per year. However, the university administration will charge the college 12,000 per student for the first 100 students enrolled each year for administrative costs and its share of the tuition payments.

How many students does the college need to enroll in the first year to break even?

Reference no: EM13179898

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