This document compares the lifetime costs and earnings of obtaining an IMC degree versus not obtaining one. It shows that with an IMC, earnings increase more quickly, reaching the ROI payback goal of 25% by year 9. Without an IMC, earnings rise more slowly and the payback goal is never reached. Changing assumptions like tuition costs and time to complete the program can impact the break-even year.

1. Periods Periodic Cost Extended
Tuition Cost Quarter 5 $15,000 $75,000
Living Cost degree Monthly 15 $2,500 $37,500
Total Borrowed $112,500
Forgone Income (loan?) Annual 1.20 $35,000 $42,000
Total Cost $154,500
Outcome Assumptions
IMC Initial Salary Bump $20,000
Months Unemployed 2
Non IMC/Organic Growth 3%
IMC/Incremental Growth 6%
ROI Payback Goal 25%
Payback Goal* $193,125
B/E Year 9
Changing the assumptions (in yellow) changes the B/E date.
Assumption: raise tuition to allow 3-5 credits like KSM, reduce quarters to 4,
* Does not include tax considerations, loan interest or declining loan principal.
Notes on Tuition Rev. If 25% of the students (20) take a 5 quarter program and 75% (60) take a 4 quarter program a
at at per quarter tuition increase of $15000-12,500 = $2500 the tuition gain to pay for additional programs and classes would be
$1,000,000 in new revenue less 60x12,500 lost revenue for 5th quarter. For a total of $250,000 net gain in tuition. Plus more pa

2. IMC Lifetime Payback
$1,600
$1,400
Thousands of Dollars
$1,200
$1,000
$800
$600
$400
$200
$0
($200)
($400)
One 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Years After Beginning of IMC
IMC +/- Increment (B/E Crosses $0) IMC Lifetime Earnings Non-IMC Lifetime Earnings
m and 75% (60) take a 4 quarter program a
pay for additional programs and classes would be
otal of $250,000 net gain in tuition. Plus more part-time support in the PMP program, plus distance learning plus new PR program for non-IM

3. ew PR program for non-IMC graduates.

4. Baseline Scenario/No IMC IMC Scenario
Year Salary Growth Cume Salary Growth Cume
1 $35,000 $35,000 $0 $0
2 $36,050 $1,050 $71,050 $45,833 $45,833
3 $37,132 $1,082 $108,182 $59,950 $14,117 $105,783
4 $38,245 $1,114 $146,427 $65,346 $5,396 $171,129
5 $39,393 $1,147 $185,820 $71,227 $5,881 $242,355
6 $40,575 $1,182 $226,394 $77,637 $6,410 $319,992
7 $41,792 $1,217 $268,186 $84,624 $6,987 $404,617
8 $43,046 $1,254 $311,232 $92,241 $7,616 $496,857
9 $44,337 $1,291 $355,569 $100,542 $8,302 $597,399
10 $45,667 $1,330 $401,236 $109,591 $9,049 $706,990
11 $47,037 $1,370 $448,273 $119,454 $9,863 $826,444
12 $48,448 $1,411 $496,721 $130,205 $10,751 $956,649
13 $49,902 $1,453 $546,623 $141,923 $11,718 $1,098,573
14 $51,399 $1,497 $598,021 $154,697 $12,773 $1,253,269
15 $52,941 $1,542 $650,962 $168,619 $13,923 $1,421,889
16 $54,529 $1,588 $705,491 $183,795 $15,176 $1,605,684
17 $56,165 $1,636 $761,656 $200,337 $16,542 $1,806,020
18 $57,850 $1,685 $819,505 $218,367 $18,030 $2,024,387
19 $59,585 $1,735 $879,090 $238,020 $19,653 $2,262,407
20 $61,373 $1,788 $940,463 $259,442 $21,422 $2,521,849

5. IMC Payback Chart Input
IMC Lifetime Non-IMC Lifetime IMC +/- Increment
Increment Goal
Year Earnings Earnings (B/E Crosses $0)
($35,000) ($228,125) One $0 $35 ($228)
($25,217) ($218,342) 2 $46 $71 ($218)
($2,398) ($195,523) 3 $106 $108 ($196)
$24,702 ($168,423) 4 $171 $146 ($168)
$56,536 ($136,589) 5 $242 $186 ($137)
$93,598 ($99,527) 6 $320 $226 ($100)
$136,431 ($56,694) 7 $405 $268 ($57)
$185,625 ($7,500) 8 $497 $311 ($7)
$241,831 $48,706 9 $597 $356 $49
$305,755 $112,630 10 $707 $401 $113
$378,172 $185,047 11 $826 $448 $185
$459,928 $266,803 12 $957 $497 $267
$551,950 $358,825 13 $1,099 $547 $359
$655,248 $462,123 14 $1,253 $598 $462
$770,927 $577,802 15 $1,422 $651 $578
$900,193 $707,068
$1,044,365 $851,240
$1,204,882 $1,011,757
$1,383,317 $1,190,192
$1,581,385 $1,388,260
B/E Year 9