Features of Economic Resource Allocation Model
- Computed every year using a three year average
- Allocating teaching resources annually using three year average
- Allocating student enrollments based on affiliation of instructor who teaches the course
Calculations
UG FTEs
Course demand = _________
K
Net teaching capacity = FT faculty teaching load – allowance for service (10%) – graduate teaching
Sessional budget = {course demand – net teaching capacity) x base sessional dollar rate
Where K= target average class size.
# of two-term TAs = ∑
k>x
Unit enrolments of classes > 40
_____________________________________ X Faculty available pool of TA ($)
Total Faculty pool of enrolments of classes > 40
UG FTE x $25
+
M.A. FTE x $100 (except Professional pgms@$200)
+
PhD FTE x $200
+
Sessional FTE x $1,000
+
Full-time faculty FTE x $2,000
+
Adjustment factor for Professional Schools and Creative Performing Arts depts/schools
Academic units are required to provide a SIMPL for approval to the Dean’s Office if their year-end operating surplus amount is between 3% and 5%. Between 3-5% a SIMPL will be created and it must be spent within one fiscal year. Above 5%, their surplus will be remitted to the Faculty.
Units with dominant fee for service revenues will be required to provide a SIMPL for approval if it has a year-end operating surplus greater than 20%.