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Info about my hagwon...

 
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ryleeys



Joined: 22 Dec 2003
Location: Columbia, MD

PostPosted: Tue Apr 27, 2004 2:11 am    Post subject: Info about my hagwon... Reply with quote

So, today I got around to finally asking how many total students my hagwon has... the answer was a rather dissappointing 100 or so... given that we have 4 full time Koreans and me, that's not really alot to cover expenses and salaries and what not. Then I asked what monthly tuition was... at first I thought I heard wrong, so I got her to write it down for me. 1,000,000 won per month. Shocked Holy hell. There is alot of money going around that place and it sure as hell ain't going to me or the teachers. My boss is raking in mad dough... no wonder she has 3 cars for a family that only has two drivers.
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SweetBear



Joined: 18 May 2003

PostPosted: Tue Apr 27, 2004 3:17 am    Post subject: Reply with quote

So what is the average monthly fee?

Sb
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wylde



Joined: 14 Apr 2003

PostPosted: Tue Apr 27, 2004 3:20 am    Post subject: Re: Info about my hagwon... Reply with quote

ryleeys wrote:
So, today I got around to finally asking how many total students my hagwon has... the answer was a rather dissappointing 100 or so... given that we have 4 full time Koreans and me, that's not really alot to cover expenses and salaries and what not. Then I asked what monthly tuition was... at first I thought I heard wrong, so I got her to write it down for me. 1,000,000 won per month. Shocked Holy hell. There is alot of money going around that place and it sure as hell ain't going to me or the teachers. My boss is raking in mad dough... no wonder she has 3 cars for a family that only has two drivers.



koreans are terrible with numbers... bek man won? that can't be right.

there are places that charge that but they are hard core with all the mod cons
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Paji eh Wong



Joined: 03 Jun 2003

PostPosted: Tue Apr 27, 2004 3:45 am    Post subject: Reply with quote

Hmm. There's a really good book called "The Koreans" by Micheal Breen. He says that traditionaly, Korean busnisess keep 3 sets of books. One for the tax department, one for apperance sake, and one real set.

I wouldn't believe either number your boss told you. I work at a better-than-average hagwon, and it charges 150 - 200 000 won per month per kid.
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Dawn



Joined: 06 Mar 2004

PostPosted: Tue Apr 27, 2004 3:48 am    Post subject: Reply with quote

Ditto. I work at one that hires only certified teachers, pays us all better than average, provides us with single housing, offers a comprehensive curriculum (phonics, writing, grammar, speaking, listening, etc.), plus provides more resources than you can shake a stick at, and our rates are in the W200,000-W260,000 range. Granted, we're out in the middle of nowhere, but still ...
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osangrl



Joined: 04 Nov 2003
Location: osan

PostPosted: Tue Apr 27, 2004 5:52 am    Post subject: Reply with quote

My place is really good too, and the students get 1 hours of chinese, 1 hour of me, and one hour of grammer with the korean teacher and we charge 280,000 won.

I think your director was mistaken.
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ryleeys



Joined: 22 Dec 2003
Location: Columbia, MD

PostPosted: Tue Apr 27, 2004 7:29 am    Post subject: Reply with quote

It wasn't my director, it was the Korean teacher.

The kids get 5 hours of class a day... 2 hours math, 1 hour science, 1 hour social studies, and 1 hour English... I dunno. Yeah, it doesn't seem right to me... but I am curious now.
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barrybrown



Joined: 18 Apr 2004

PostPosted: Tue Apr 27, 2004 7:44 am    Post subject: 2132 Reply with quote

Surprised

Last edited by barrybrown on Thu Apr 29, 2004 12:34 am; edited 1 time in total
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barrybrown



Joined: 18 Apr 2004

PostPosted: Tue Apr 27, 2004 7:48 am    Post subject: aaaaaaaaaaaaaaa Reply with quote

Exclamation

Last edited by barrybrown on Thu Apr 29, 2004 12:35 am; edited 1 time in total
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Crois



Joined: 18 Aug 2003
Location: You could be next so watch out.

PostPosted: Tue Apr 27, 2004 4:28 pm    Post subject: Reply with quote

Bit uncalled for...You should have added one of these Laughing Laughing Laughing
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phaedrus



Joined: 13 Nov 2003
Location: I'm comin' to get ya.

PostPosted: Thu Apr 29, 2004 4:26 pm    Post subject: Reply with quote

ryleeys wrote:
It wasn't my director, it was the Korean teacher.

The kids get 5 hours of class a day... 2 hours math, 1 hour science, 1 hour social studies, and 1 hour English... I dunno. Yeah, it doesn't seem right to me... but I am curious now.



That's a correct figure then.
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Juggertha



Joined: 27 May 2003
Location: Anyang, Korea

PostPosted: Thu Apr 29, 2004 5:00 pm    Post subject: Reply with quote

yeah.. might be close to the truth then. If they're gettin the full meal deal at your school.. then I guess theres the explanation for the price.

crap thats expensive though.
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kangnamdragon



Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea

PostPosted: Thu Apr 29, 2004 5:15 pm    Post subject: Reply with quote

1,000,000 is possible for the kindergarten students. There is probably a different charge for those who only go 3 hours per week, if that possibility exists at that school. So are there 100 students who are there most of the day. If so, then the owner is making bank.
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