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Evaluation of Financial Viability - Case Study Example

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This paper "Evaluation of Financial Viability" focuses on a feasibility report on students’ yearbook project for Milwaukee School of Engineering. The project was assigned for academic purposes and it is of importance as MSOE has not published students’ yearbooks in the past. …
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Evaluation of Financial Viability
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Download file to see previous pages Various recommendations are already included in the report entailing a strategic alliance with parents, corporate organizations, and students.

The purpose of this feasibility report is to establish whether the Milwaukee School of Engineering should undertake the publishing of an annual school yearbook. These yearbooks are a compilation of the activities that have undertaken in the concerned year, details of students and their respective honours, details of faculty, and management along with academic articles written by the students on different subjects. For the purpose of identifying its financial feasibility, a students’ survey was conducted that showed students’ support for it. Furthermore, costs expected to be incurred and respective fundraising techniques are also discussed. In addition to that, it was found that publishing students’ yearbooks is beneficial for various stakeholders such as university’s management, community and corporate alliance and students.

The purpose of this report is to analyze the feasibility of publishing institute’s yearbook by Milwaukee School of Engineering. MSOE has not undertaken any such formal steps so far whereas using yearbooks has been used widely for advertising institute’s internal mechanisms, generating more goodwill and funds. On the other hand, school books are considered as an effective extracurricular activity that allows students not only to build up their skills set for professional life but also to preserve the memories of their student life forever.

With the advent of social media, school yearbooks are considered as a tertiary activity that consumes substantial financial resources with no promising outcomes. However, it is important to note that where social media is effective and more expedient in the short-run, it has a tendency of leaving short-term effects instead of making a potential memory and student’s records.  ...Download file to see next pagesRead More
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