Calculation of the Full Cost of Education for Students in Various Disciplines at the AJA Command and Staff University (Activity-Based Costing Approach)

Objective: This research aims to calculate the full cost of education for students in various disciplines at the AJA Command and Staff University across its four faculties, using the activity-based costing (ABC) approach.Methodology: To calculate the full cost, direct costs were directly assigned to the academic disciplines, and indirect costs (overhead) were allocated through the activity-based costing approach. The research data, including costs and overhead allocation drivers, were collected using archival and survey (interview) methods. These data pertain to the academic year 2022-2023.Findings: Based on the findings, the full cost of education for students in fifteen Master's programs and two Doctoral programs across the four faculties was calculated. Furthermore, the share and percentage of direct and indirect costs (overhead) relative to the total full cost for each discipline were determined.Conclusion: Replacing traditional cost accounting methods with the activity-based costing approach enables university administrators to make more informed management decisions and facilitates the effective implementation of performance-based budgeting.