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Financial Strategy For Higher Education
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Book Synopsis Financial Strategy for Higher Education by : Michael K. Townsley, PhD
Download or read book Financial Strategy for Higher Education written by Michael K. Townsley, PhD and published by LULU. This book was released on 2014-09-30 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic forces continue to reshape higher education, and the leaders of colleges and universities are not getting the guidance they need to achieve their financial goals. Michael K. Townsley, PhD, a seasoned higher education executive, shares proven principles, strategies, and techniques to manage the increasing pace of change in higher education in this field guide. Based on case studies, his own experiences, and insights from other experts, he provides strategic guidance on how to: effectively manage finances, allocate financial resources, design sophisticated budget forecasts, set tuition rates in competitive markets, control operational costs, and run online programs. With clearly ordered lists, logically sequenced plans for action, and cogently presented summaries, Financial Strategy for Higher Education offers a vital reference for anyone who managing the financial condition of colleges and universities during financial stress.
Book Synopsis Prices, Productivity, and Investment by : Edward P. St. John
Download or read book Prices, Productivity, and Investment written by Edward P. St. John and published by Jossey-Bass. This book was released on 1994-04-14 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis critically examines the cost controversy in higher education with an eye to resolving the crisis which is currently serving to exacerbate public willingness to fund higher education. An introduction touches on the role and influence of political ideologies and offers a framework to be used throughout the analysis for critically examining ideological claims regarding the cost controversy. A section on the role of federal financing strategies and their contribution to the cost controversy looks at the federal role in pricing, promoting productivity, and the concept of student aid as investment. A section on state financial strategies also looks at pricing, improving productivity and investment, and assesses various ideological claims about state issues. A section on institutional financing strategies reviews institutional perspectives, understanding price changes and productivity, the investment view, and ideological claims. A section on understanding financial strategy presents a reconstruction of the models typically used to assess financial strategies in higher education by first critically examining four common theories and then proposing a reconstructed model for assessing financial strategy. A final section uses the reconstructed framework to assess a range of approaches that federal and state governments and institutions could use. An index is included. (Contains over 250 references.) (JB).
Book Synopsis The Future of the Global Financial System: Downfall or Harmony by : Elena G. Popkova
Download or read book The Future of the Global Financial System: Downfall or Harmony written by Elena G. Popkova and published by Springer. This book was released on 2018-11-03 with total page 1287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the best papers presented at the conference “The Future of the Global Financial System: Downfall or Harmony”, which took place in Limassol, Cyprus on April 13-14, 2018. Organized by the Institute of Scientific Communications (Volgograd, Russia), the conference chiefly focused on reassessing the role and meaning of the global financial system in the modern global economy in light of the crisis that began in 2008 and can still be observed in many countries, and on developing conceptual and applied recommendations on spurring the development of the global financial system. All works underwent peer-review and conform to strict criteria, including a high level of originality (more than 90%), elements of scientific novelty, contribution to the development of economic science, and broad possibilities for practical application. The target audience of this scientific work includes postgraduates, lecturers at higher educational establishments, and researchers studying the modern global financial system. Based on the authors’ conclusions and results, readers will be equipped to pursue their own scientific research. The topics addressed include (but are not limited to) the following issues, which are interesting for modern economic science and practice: financial globalization, the role of finances in the global economy, perspectives of transition in the financial system from part of the infrastructure to a new vector of development in the global economy in the 21st century, reasons for the crisis of the modern financial system and ways of overcoming it, problems and perspectives regarding the harmonization of the global financial system, and scenarios of development for the global financial system. The content is divided into the following parts: development of financial systems at the micro-, meso- and macro-levels, financial infrastructure of the modern economy, legal issues of development of the modern financial system, and management of the global financial system.
Book Synopsis Higher Education Business Models Under Stress by : Melody Rose
Download or read book Higher Education Business Models Under Stress written by Melody Rose and published by . This book was released on 2021-08-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The European Higher Education Area by : Adrian Curaj
Download or read book The European Higher Education Area written by Adrian Curaj and published by Springer. This book was released on 2015-10-12 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridging the gap between higher education research and policy making was always a challenge, but the recent calls for more evidence-based policies have opened a window of unprecedented opportunity for researchers to bring more contributions to shaping the future of the European Higher Education Area (EHEA). Encouraged by the success of the 2011 first edition, Romania and Armenia have organised a 2nd edition of the Future of Higher Education – Bologna Process Researchers’ Conference (FOHE-BPRC) in November 2014, with the support of the Italian Presidency of the European Union and as part of the official EHEA agenda. Reuniting over 170 researchers from more than 30 countries, the event was a forum to debate the trends and challenges faced by higher education today and look at the future of European cooperation in higher education. The research volumes offer unique insights regarding the state of affairs of European higher education and research, as well as forward-looking policy proposals. More than 50 articles focus on essential themes in higher education: Internationalization of higher education; Financing and governance; Excellence and the diversification of missions; Teaching, learning and student engagement; Equity and the social dimension of higher education; Education, research and innovation; Quality assurance, The impacts of the Bologna Process on the EHEA and beyond and Evidence-based policies in higher education. "The Bologna process was launched at a time of great optimism about the future of the European project – to which, of course, the reform of higher education across the continent has made a major contribution. Today, for the present, that optimism has faded as economic troubles have accumulated in the Euro-zone, political tensions have been increased on issues such as immigration and armed conflict has broken out in Ukraine. There is clearly a risk that, against this troubled background, the Bologna process itself may falter. There are already signs that it has been downgraded in some countries with evidence of political withdrawal. All the more reason for the voice of higher education researchers to be heard. Since the first conference they have established themselves as powerful stakeholders in the development of the EHEA, who are helping to maintain the momentum of the Bologna process. Their pivotal role has been strengthened by the second Bucharest conference." Peter Scott, Institute of Education, London (General Rapporteur of the FOHE-BPRC first edition)
Book Synopsis Budgets and Financial Management in Higher Education by : Margaret J. Barr
Download or read book Budgets and Financial Management in Higher Education written by Margaret J. Barr and published by John Wiley & Sons. This book was released on 2018-01-31 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help new administrators (department chairs, directors, deans) understand and become more proficient in their financial management role within the institution. Highly accessible, practitioners will be able to put the book's guidance to immediate use in their work. It is also grounded in the latest knowledge base and filled with examples from across all types of institutions, so that it makes an ideal text for a courses in graduate programs in higher education leadership and administration. Specifically, the book: • provides an understanding of the basics of budgeting and fiscal management in higher education • defines the elements of a budget, the budget cycle, and the steps for creating a budget • suggests ways of avoiding common pitfalls and problems of managing budgets • contains effective strategies for dealing with loss of resources • includes end-of-chapter reflection questions and an expanded glossary of terms Written in plain language this volume provides practical approaches to many complex problems in fiscal management. This new edition of the book contains new information in every chapter reflecting both the most recent developments in higher education and feedback from readers of the earlier edition. The information on the current higher education financial environment has been updated, and the case studies have been revised. Readers will be introduced to Bowen's theory of resources and expenses as an important way to understand budgetary decision making in colleges and universities. Special attention is paid to the use of restricted funds, the budget implications of faculty appointments and the challenges caused by personnel policies for staff. In addition, greater attention is given to development and implementation of repair and replacement programs in auxiliary enterprises. The challenges that arise when budget problems are postponed are also discussed. The volume contains a number of suggestions for practitioners with new budgeting and fiscal responsibilities.
Book Synopsis Higher Education Accountability by : Robert Kelchen
Download or read book Higher Education Accountability written by Robert Kelchen and published by JHU Press. This book was released on 2018-02-27 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning with the earliest efforts to regulate schools, the author reveals the rationale behind accountability and outlines the historical development of how US federal and state policies, accreditation practices, private-sector interests, and internal requirements have become so important to institutional success and survival
Book Synopsis University Finances by : Dean O. Smith
Download or read book University Finances written by Dean O. Smith and published by Johns Hopkins University Press. This book was released on 2019-03-05 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rigorous, detailed, and wide-ranging, University Finances is a unique and powerful resource.
Book Synopsis Public Policy and Higher Education by : Edward P. St. John
Download or read book Public Policy and Higher Education written by Edward P. St. John and published by Routledge. This book was released on 2013 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amid changing economic and social contexts, radical changes have occurred in public higher education policies over the past three decades. Public Policy and Higher Educationprovides readers with new ways to analyze these complex state policies and offers the tools to examine how policies affect students’ access and success in college. Rather than arguing for a single approach, the authors examine how policymakers and higher education administrators can work to inform and influence change within systems of higher education using research-based evidence along with consideration of political and historical values and beliefs. Special Features: Case Studies—allow readers to examine strategies used by different types of colleges to improve access and retention. Reflective Exercises—encourage readers to discuss state and campus context for policy decisions and to think about the strategies used in a state or institution. Approachable Explanations—unpack complex public policies and financial strategies for readers who seek understanding of public policy in higher education. Research-Based Recommendations—explore how policymakers, higher education administrators and faculty can work together to improve quality, diversity, and financial stewardship. This textbook is an invaluable resource for graduate students, administrators, policymakers, and researchers who seek to learn more about the crucial contexts underlying policy decisions and college access.
Book Synopsis Financing Higher Education in a Global Market by : Mark Kretovics
Download or read book Financing Higher Education in a Global Market written by Mark Kretovics and published by Algora Publishing. This book was released on 2005 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Austria to India, university administrators and public policy makers are grappling with the high costs of higher education. Comparing the models by which higher education is funded in the United States and seven other countries, developed and developing, the chapters of this textbook help identify effective financial strategies to meet fast-evolving demands. How can each nation and each institution achieve the right balance between quality and quantity, access and equity, need-based and merit-based aid, government funding and private endowments? In these nine chapters, case studies discuss the different approaches being taken and the varying results produced. This handbook on the finance of higher education is essential reading for college administrators, policy-makers and graduate programs in higher education administration.
Book Synopsis Strategic Financial Challenges for Higher Education: How to Achieve Quality, Accountability, and Innovation by : Donna Klinger
Download or read book Strategic Financial Challenges for Higher Education: How to Achieve Quality, Accountability, and Innovation written by Donna Klinger and published by Jossey-Bass. This book was released on 2008-05-09 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: To ensure that today's kindergartners will have a first-rate, affordable higher education experience in the year 2020, many colleges and universities will need to make significant changes. This volume presents the experiences of diverse colleges and universities as they have developed successful and innovative strategies for achieving increased quality, access, and accountability.
Book Synopsis Financial Management and Control in Higher Education by : Malcolm Prowle
Download or read book Financial Management and Control in Higher Education written by Malcolm Prowle and published by Psychology Press. This book was released on 2005 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to explain the key issues in finance and management in higher education. It is a professional guide that is authoritative and comprehensive enough for professional accountants, yet accessible to non-finance professionals.
Book Synopsis Revenue Generation Strategies: Leveraging Higher Education Resources for Increased Income by : Jeffrey W. Alstete
Download or read book Revenue Generation Strategies: Leveraging Higher Education Resources for Increased Income written by Jeffrey W. Alstete and published by John Wiley & Sons. This book was released on 2014-12-31 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving successful financial viability by broadening revenue sources is one of the most important issues facing colleges and universities today. Increasing operating costs, along with the reliance on traditional student tuition, government support, and philanthropy, are challenging universities. One way administration leaders and faculty are meeting this challenge is to establish supplemental revenue streams from a variety other sources such as: continuing education, credit and noncredit certificates, degree completion and upgrade programs, study abroad, domestic and international branch campuses, distance education, auxiliary services, technology transfer, and partnerships or alliances with other organizations. These types of activities, formerly considered secondary ventures, are now integral to lasting and responsible financial strategic planning. This monograph examines a wide variety of supplemental income options and opportunities, as well as examples of restructuring financial planning schema. While not negating the value of traditional college education, these new revenue sources in fact lead to greater institutional effectiveness. This is the 1st issue of the 41th volume of the Jossey-Bass series ASHE Higher Education Report. Each monograph is the definitive analysis of a tough higher education issue, based on thorough research of pertinent literature and institutional experiences. Topics are identified by a national survey. Noted practitioners and scholars are then commissioned to write the reports, with experts providing critical reviews of each manuscript before publication.
Book Synopsis How the Financial Crisis and Great Recession Affected Higher Education by : Jeffrey R. Brown
Download or read book How the Financial Crisis and Great Recession Affected Higher Education written by Jeffrey R. Brown and published by University of Chicago Press. This book was released on 2015-01-08 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior.
Book Synopsis Declaring Financial Exigency in Higher Education by : Satasha L. Green
Download or read book Declaring Financial Exigency in Higher Education written by Satasha L. Green and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: States have long provided substantial funding for public higher education, but changes in recent years have resulted in a decrease in their contributions. In many cases, states have justified this decrease with equalizing funding across institutions; this notion of being more equal is practiced more than at any other time in at least the previous two decades (Mortenson, 2012). More and more public colleges and universities are finding themselves with less state appropriations despite the steadily growing student demand for higher education since the mid-1970s (Mortenson, 2012). Financial exigency is an unforeseen fiscal situation, the degree to which compels a public college or university with reduced or eliminated stated funding to reevaluate programs, services and organizational structure, in order to reposition the institution to continue its mission within the changing economic environment. According to Land and Thompson (2018), a financial crisis is not unique to institutions of higher education. Any organization can experience a financial crisis; if there are not enough liquid funds to supply the demand of products and services, a financial crisis will occur. However, financial exigency is unique to higher education. Before declaring financial exigency, an institution must understand the process as well as the implications for this classification with state and federal agencies, accrediting bodies, students, faculty, staff, alumni and the surrounding communities. Therefore, if an institution has declared financial exigency there are serious implications for its recovery and survival. As more and more states significantly reduce and in some cases eliminate funding to public higher education, many state public institutions will have to do the unthinkable and declare financial exigency. To help colleges and universities that are contemplating declaring financial exigency, Declaring Financial Exigency In Higher Education: How Do You Recover? describes the experiences and strategies used by institutions that have declared and recovered from financial challenges. This book is in no way the answer to preventing or recovering from financial exigency; it is intended to share the stories, voices, experiences, and strategies used by others who have faced financial challenges. More specifically, this book provides background information on financial exigency, legal and compliance obligations during exigency, and lessons learned and recommendations for practice regarding preparing for, declaring and recovering from financial exigency. The authors of this book address several important topics critical to successful strategic planning and recovery from financial exigency.
Book Synopsis Economics and Finance of Higher Education by : Linda DeAngelo
Download or read book Economics and Finance of Higher Education written by Linda DeAngelo and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the 2nd Edition of this Reader in 2001, there has been a large increase in the amount of research and scholarly publication on issues of higher education finance. This is not surprising, given the pattern of decreased public funding and increased student cost over this period. Strategic planning and its relationship to budgeting under growing financial constraints have been of continuing interest among both higher education scholars and practitioners. What has changed, however, is the greater inclusion of explicitly economic perspectives in publications dealing with various aspects of postsecondary education. Because of these changing publication patterns, it was appropriate to add the word "Economics" to the title of this edition. Inside you'll find a mix of scholarly and practitioner-oriented publications, as well as thoughtful scholar-written section introductions that bring the reader up to date on the current issues.
Book Synopsis Demographics and the Demand for Higher Education by : Nathan D. Grawe
Download or read book Demographics and the Demand for Higher Education written by Nathan D. Grawe and published by JHU Press. This book was released on 2018 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The economics of American higher education are driven by one key factor--the availability of students willing to pay tuition--and many related factors that determine what schools they attend. By digging into the data, economist Nathan Grawe has created probability models for predicting college attendance. What he sees are alarming events on the horizon that every college and university needs to understand. Overall, he spots demographic patterns that are tilting the US population toward the Hispanic southwest. Moreover, since 2007, fertility rates have fallen by 12 percent. Higher education analysts recognize the destabilizing potential of these trends. However, existing work fails to adjust headcounts for college attendance probabilities and makes no systematic attempt to distinguish demand by institution type. This book analyzes demand forecasts by institution type and rank, disaggregating by demographic groups. Its findings often contradict the dominant narrative: while many schools face painful contractions, demand for elite schools is expected to grow by 15+ percent. Geographic and racial profiles will shift only slightly--and attendance by Asians, not Hispanics, will grow most. Grawe also use the model to consider possible changes in institutional recruitment strategies and government policies. These "what if" analyses show that even aggressive innovation is unlikely to overcome trends toward larger gaps across racial, family income, and parent education groups. Aimed at administrators and trustees with responsibility for decisions ranging from admissions to student support to tenure practices to facilities construction, this book offers data to inform decision-making--decisions that will determine institutional success in meeting demographic challenges"--
