ERIC Number: ED454796
Record Type: Non-Journal
Publication Date: 1996-Nov
Reference Count: N/A
New Strategies for Financial Management in Universities: The Experience of OECD Member Countries and Latin American Countries. IIEP Contribution No. 27.
Sanyal, Bikas C.; Martin, Michaela
In many countries there have been major changes in the financial operations of the university. Change has occurred in the context of diminishing public resources, and this has translated, in most cases, into financial constraint within the university. This situation has led to pressure from the government, and from within the university itself in some cases, for a diversification in the sources of financial support for the university. It is clear that the university can no longer relay solely on government funding if it is to remain financially healthy. New styles and mechanisms of financial management are necessary. Based on the experiences of some selected Organisation for Economic Cooperation and Development (OECD) and Latin American countries, this booklet attempts to identify the context and the main functions of financial management and suggests a set of strategies for financial management at the national and institutional levels. (Contains 2 tables, 1 figure, and 13 references.) (SLD)
Descriptors: Budgeting, Decision Making, Educational Administration, Educational Finance, Financial Support, Foreign Countries, Higher Education, Strategic Planning, Total Quality Management
International Institute for Educational Planning, 7-9 rue Eugene Delacroix, 75116 Paris, France. Tel: +33(1)45.03.77.00; Fax: +33(1)188.8.131.52; Web site: http://www.unesco.org/iiep.
Publication Type: Reports - Descriptive; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: United Nations Educational, Scientific, and Cultural Organization, Paris (France). International Inst. for Educational Planning.