CHAPTER I

INTRODUCTION

Background of the Study

Central Mindanao University (CMU), one of the oldest premier universities in the

Philippines, has produced a large number of graduates throughout its years, and included in its

offered courses is Veterinary Medicine. The College of Veterinary Medicine (CVM) has been

consistently producing stellar graduates, and is one of the Philippines’ top performing school

in the field of veterinary medicine. These graduates have been accommodated by CMU

throughout their undergraduate years but will head to different parts of the country, particularly

in Luzon, for their pre-board exam preparation.

The demand for a veterinary of medicine review center in Mindanao has been prevalent.

With a number of universities producing Doctor of Veterinary Medicine (DVM) here in

Mindanao but without a review center to offer, the demand continues to exist. The proposed

plan would cater the increasing demand of veterinary medicine review and provide this service

not only to CMU but also to other universities offering the veterinary medicine course in

Mindanao. A proposed plan to set up a private Veterinary Medicine Review Center in CMU

will be an integral help in the performance of students in the Philippine Veterinary Licensure

Examination (PVLE).

The review center will provide the PVLE reviewers a systematic and comprehensive

approach to review and prepare for the PVLE. The lecturers will be professors and graduates

from CMU with masters and doctorate degree, and other veterinary medicine practitioners in

Mindanao. These lecturers will be professionals in their respective fields and willing to share

their knowledge and expertise.

Statement of the Problem

This study is conducted to determine if the proposed private Veterinary Medicine

Review Center in CMU is feasible and viable among the PVLE reviewers and mostly to

determine if there will be a huge advantage in terms of cost if the PVLE reviewers avail of the

services provided by the CMU review center compared to other review centers in the

Philippines.

As a government-run institution, CMU and their faculty cannot offer and manage a

review center directly. In prior years, the College of Veterinary Medicine have tried to set up

a review center here CMU, and as much as they were willing to engage in helping their students

review, they cannot offer such services since it would pose a problem in their capacity to handle

such private engagement as government employees. A private entity is needed to manage the

review center activities, such as handling the students and their fees, while also directing the

lecturers and their engagements with the reviewers.

These noticeable problems call for a need to put up a review center in CMU, managed

and directed by a private entity to streamline the engagements. The project proposal is needed

now more than ever to address these problems since the PVLE reviewers, particularly CMU

and other Mindanao veterinary medicine reviewers, are facing or will be facing in the years to

come:

1. Incurring travel expenses to head to different parts of the country that offer a veterinary

medicine review center and rising tuition fees.

2. Expensive living expenses staying in areas near the review center since all of them are

located in major cities in the Philippines.

3. Students have to adapt to a different environment not what they are accustomed to,

unlike in verdant CMU offering a conducive environment for learning.

Objective of the Study

The main objective in conducting this study is to determine the feasibility of

establishing a private review center in Central Mindanao University as an alternative choice

for reviewers in preparing for the Philippine Veterinary Licensure Examination.

Specifically, this study aims to:

1. Determine if it is a viable choice for PVLE reviewers and if they will avail of such

services if provided;

2. Determine the demand of a veterinary medicine review center in CMU;

3. Determine the profitability of a private entity in providing a review center;

4. Identify the required capital investment; and

5. Identify payback period for the initial capital investment.

Scope and Limitation

The proposed study is within the veterinary medicine student community of Central

Mindanao University and University of Southern Mindanao. Particularly, classes will be held

in the College of Veterinary Medicine located in University Campus, Musuan, Maramag,

Bukidnon and a separate office rented in Perimeter Building near the bus terminal in Maramag.

The study will be done in CMU during the first semester of school year 2018-2019. This shall

focus only on the analysis of the project including location, profitability, market analysis and

financial analysis in order to determine the viability of the project.

The parameter of the study shall be limited only to the determination and implication

of establishing a private veterinary medicine review center in CMU. It will test the feasibility

and viability of said proposal in relation to its business potential for success. The benefits

derived from the result of this study shall be used by any interested parties to engage in such
service. Anything that is beyond the scope of the study and the locale where the research was

conducted will not be delivered in the results of the study.

Significance of the Study

This feasibility study is conducted to propose and explain the project to set up a review

center in Central Mindanao University considering the financial, location, management, and

technical aspects. It exists to cater to the demand of a veterinary medicine review center in

Mindanao and help the PVLE reviewers in their preparation and review.

The foundation for the study is the information gathered by the researchers with the aid

of professionals. Therefore, the study is expected to provide quality information in light of a

probable venture in providing review center services in the field of veterinary medicine.