Revenue Stream:
Question:
Equipping a Motorsport University is going to be expensive.
How many students are you going to have on campus?
Answer:
There will be two campuses
- Physical (Johor +1)
- Virtual (anywhere broadband can be accessed)
This quote is taken from the Star Newspaper Saturday March 28th 2009
Globally, Limkokwing University now has 25,000 students from 144 countries.
“I hope that within 10 years, we will reach one million students. You can’t have one million on campus but you can have one million students if you have a lot of them doing online courses,” he adds.( Tan Sri Lim Kok Wing)
I feel that one million students using the physical + virtual model is achievable.
Open University Malaysia quotes MYR 4000-5000 per year for online undergrad courses.
One million times four thousand = MYR Four billion
One million times five thousand = MYR Five billion