MCC Program Based Economic Impact Analysis: Feb 2018

1. Introduction

SUNY Monroe Community College (MCC), established in 1961, has today grown to serve 27,000 credit students. The College is led by Dr. Anne Kress, President. The College’s service region, for the purpose of this report, consists of Monroe County in New York.

While MCC offers a variety of programs, this study is concerned with considering the economic impacts derived from the former students of 20 of its programs, along with the potential economic impacts of two hypo- thetical programs and one non-credit certificate pro- gram. These programs include: • Accounting • Applied Integrated Technology/Mechatronics • Automotive Technologies • Clinical & Medical Laboratory Technology • Computer Information Systems • Computer Science • Computer Systems Technology • Construction Technology • Electrical Engineering Technologies • Entry Level Health Care (Hypothetical) • Heating Ventilation & Air Conditioning, including Solar Thermal Technologies • Hospitality: Hotel Management, Travel & Tourism, Event Planning, Golf Management • Dental Assisting • Dental Hygiene

• Information & Network Technology • Licensed Practical & Vocational Nurses (Hypo- thetical) • Mechanical Engineering Technologies • Optical System Technology • Radiologic Technology

• Registered Nursing • Surgical Technology • Precision Tooling & Machining • Welding Fabrication

The first component of this study analyzes the career pathways for each program. Each program maps to a number of occupations which we use to measure the number of annual openings available to completers of each program. We also account for the completers of each program across other institutions in Monroe County to determine if there will be a gap or a surplus of workers in those occupations. Finally, the median hourly wage and top companies hiring in Monroe County are mentioned. The second component of the study measures the eco- nomic impact from the alumni of each program. While

IMPORTANT NOTE When reviewing the alumni impact estimated in this study, it’s important to note that it reports the impact in the form of added income rather than sales. Sales includes all of the intermediary costs associated with producing goods and services. Income, on the other hand, is a net measure that excludes these intermediary costs and is synonymous with gross regional product (GRP) and value added. For this reason, it is a more meaningful measure of new economic activity than sales.

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PROGRAM BASED ECONOMIC IMPACT ANALYSIS