A Study on Digital Transformation Cost vs Benefit in Educational Institutions
Author : Fahama Arjumand, S. Vasavi and Dr. Razia Sultana
Abstract :
This report investigates the financial implications and corresponding advantages of implementing digital transformation in educational settings. The study aimed to identify the impact of digital transformation and the quality of educational service on student satisfaction at the college of business. As schools and universities embrace technology-driven approaches, evaluating the balance between investment and outcomes becomes critical. The research delves into costs associated with infrastructure development, professional training, and system upkeep, while appose them against the academic, administrative, and accessibility benefits of digital education. Using qualitative analysis of secondary sources, the study reveals that while the initial expenditure is considerable, the long-term educational and operational benefits often surpass the costs. Strategic recommendations are provided to help institutions enhance return on investment (ROI) and promote sustainable digital adoption. In this paper, the focus of the researcher is to highlight all those technologies and initiatives that have been taken for the digitalization of education from time to time by different countries.
Keywords :
Digital transformation, financial performance, Student engagement, Higher education, Cost-benefit analysis.