Studying Application of Self Financing Methods in Autonomized Vietnam Public Universities
Main Article Content
Abstract
The study analyizes practical experience of funding sources of public universities in Vietnam, appraises structure of funding sources applied in autonomized Vietnam public universities; reviews funding experiences of public universities in other countries. Founded results shown that the public universities in Vietnam have mobilized funds from six sources as state budget, tuition and fee, endowment funds, amenity services, consulting services, researches and investment income. However, only three self financing sources of fund considered as subtainable, long maturity and interest rate flexibility are tuition and fee, services and investment income. Basing on analysing results, the research proposed methods to mobilize the funding sources.
Keywords:
Autonomized finance management, funding sources, self financing, public university, Vietnam.
References
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[2] MOET, “Report on performance of Decision No. 77/NQ-CP related on innovation of operation mechanism in public universities in period of 2015-2017”. http://tapchitaichinh .vn/nghien-cuu--trao-doi/trao-doi-binh-luan/doi-moi-co-che-tu-chu-giao-duc-dai-hoc-cong-lap-giai-doan-20152017-ket-qua-va-kien-nghi-chinh-sach-133327.html/, 2017 (accessed on 20 June 2019).
[3] Birutė Pranevičienė & Aurelija Pūraitė, “The Financing Methods of Higher Education System”, Jurisprudencija: Mokslo darbu žurnalas 122 (4) (2010) 335-356.
[4] Chisenga, Audrey.K., “Self-financing of public universities in Developing Countries: a case of the University of Zambia”, thesis of Master of Education in Educational Management, University of Zambia, 2016.
[5] K. Rao Sudha, Singh Mithilesh, “Self-financed Courses in the Universities and Colleges, Privatisaion of Higher Education”, Shafi. Z (Ed), Association of Indian Universitities, New Delhi, 2003.
[6] Law on Higher Education, 2018, 34/2018/QH14.
[7] American Academy of Arts and sciences, “Public Research University: Understanding the Financial Model”, 2016.
[8] M. IDaniel Madyira, “Industry-University interdependence and self financing engineering education models”, 2002.
[9] Jeff Denneen, Tom Dretler, “The financially sustainable university”, Bain & Company, 2015
[10] MOET - UNESCO, “Education Financing in Vietnam 2009-2013”, Global Parnership for Education, 2016.
[11] Le Hong Viet, 2017, “Funding policies of Vietnam Universities” Dissertation, NEU, 2017. (in Vietnamese).
[12] Websites of researched universities: Hanoi University of Science and Technology: www.hust.edu.vn; National Economics University: www.neu.edu.vn.
[13] Asianscientist.com, https://www.asianscient ist.com/2017/08/features/asia-universities-ranking-higher-education/, 2017, accessed on 20 June 2019.
[2] MOET, “Report on performance of Decision No. 77/NQ-CP related on innovation of operation mechanism in public universities in period of 2015-2017”. http://tapchitaichinh .vn/nghien-cuu--trao-doi/trao-doi-binh-luan/doi-moi-co-che-tu-chu-giao-duc-dai-hoc-cong-lap-giai-doan-20152017-ket-qua-va-kien-nghi-chinh-sach-133327.html/, 2017 (accessed on 20 June 2019).
[3] Birutė Pranevičienė & Aurelija Pūraitė, “The Financing Methods of Higher Education System”, Jurisprudencija: Mokslo darbu žurnalas 122 (4) (2010) 335-356.
[4] Chisenga, Audrey.K., “Self-financing of public universities in Developing Countries: a case of the University of Zambia”, thesis of Master of Education in Educational Management, University of Zambia, 2016.
[5] K. Rao Sudha, Singh Mithilesh, “Self-financed Courses in the Universities and Colleges, Privatisaion of Higher Education”, Shafi. Z (Ed), Association of Indian Universitities, New Delhi, 2003.
[6] Law on Higher Education, 2018, 34/2018/QH14.
[7] American Academy of Arts and sciences, “Public Research University: Understanding the Financial Model”, 2016.
[8] M. IDaniel Madyira, “Industry-University interdependence and self financing engineering education models”, 2002.
[9] Jeff Denneen, Tom Dretler, “The financially sustainable university”, Bain & Company, 2015
[10] MOET - UNESCO, “Education Financing in Vietnam 2009-2013”, Global Parnership for Education, 2016.
[11] Le Hong Viet, 2017, “Funding policies of Vietnam Universities” Dissertation, NEU, 2017. (in Vietnamese).
[12] Websites of researched universities: Hanoi University of Science and Technology: www.hust.edu.vn; National Economics University: www.neu.edu.vn.
[13] Asianscientist.com, https://www.asianscient ist.com/2017/08/features/asia-universities-ranking-higher-education/, 2017, accessed on 20 June 2019.