Keywords

General description

The course is offered at the University of Tampere.

Learning outcomes

Student should be able to:
- understand the nature of higher education, research and innovation as economic goods
- understand the role and rationale of financing higher education, research and innovation
- understand different financial and management environments and their linkages to financial management of HEIs
- critically assess the strengths and weaknesses of different system level financing practices and funding models and their relevance to the operational environment of HEIs
- critically assess the strengths and weaknesses of various funding and budgeting models and other financial steering instruments used in higher education, research and innovation
- apply concepts and theories to the analysis of the key financial issues of HEIs

Contents

- Higher education, research and innovation as public and private goods
- Financial autonomy and accountability of HEIs
- Changing financing patterns of higher education: Global perspectives
- Funding research and innovation: policies and practices
- Institutional financial management
planning, strategies for diversifying the funding base
- Case exercise in small groups

Teaching methods

Readings, lectures, group work

Evaluation and evaluation criteria

Study materials

Santiago P. (2008). Matching Funding Strategies with National Priorities. In Santiago, P. et al. (Eds.) Tertiary Education for the Knowledge Society Volume 1. Special Features: Governance, Funding, Quality. Paris: OECD, s. 163-258.

Salmi, J. & Hauptman, A. (2006.). Innovations in Tertiary Education Financing: A Comparative Evaluation of Allocation Mechanisms. New York: World Bank.

Selection of other readings assigned by the teachers.

Belongs to following study modules

2015–2016

Teaching

Archived Teaching Schedule. Please refer to current Teaching Shedule.

MARIH11 Financial Management and Funding in Higher Education, Research and Innovation