Revenue diversification strategies in Ethiopian higher education system: A brief reflection
A university generally requires adequate financial resources for the success of its overall operations. Nevertheless, universities throughout the world, especially in developing ones, are struggling to obtain the necessary funds in order to satisfy the evergrowing demand of higher education. With t...
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College of education, Bahir Dar University
2023-06-01
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| Series: | Bahir Dar Journal of Education |
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| Online Access: | https://www.ajol.info/index.php/bdje/article/view/249050 |
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| author | Kibrom Mengistu Feleke |
| author_facet | Kibrom Mengistu Feleke |
| author_sort | Kibrom Mengistu Feleke |
| collection | DOAJ |
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A university generally requires adequate financial resources for the success of its overall operations. Nevertheless, universities throughout the world, especially in developing ones, are struggling to obtain the necessary funds in order to satisfy the evergrowing demand of higher education. With the current massive higher education expansion in Ethiopia and the limited government capacity to adequately fund this expanding system, therefore, there is an urgent need for the public universities to work towards financial viability by broadening and diversifying their funding base. In an effort to establish financially sustainable ground, public universities need to generate revenues from non-governmental sources. With this in mind, this reflection discusses university financing trends and the subsequent financial austerity in Ethiopia. The paper also attempts to reflect on the strategies currently used by the public universities in diversifying their funding base in the face of increased financial demand for the rapidly expanding system of higher education in the country. The paper finally reflects on the implication of revenue diversification.
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| format | Article |
| id | doaj-art-0f4dc9a6dd9746ef9d618692e92823f5 |
| institution | Kabale University |
| issn | 1816-336X 2415-0452 |
| language | English |
| publishDate | 2023-06-01 |
| publisher | College of education, Bahir Dar University |
| record_format | Article |
| series | Bahir Dar Journal of Education |
| spelling | doaj-art-0f4dc9a6dd9746ef9d618692e92823f52025-01-30T19:50:44ZengCollege of education, Bahir Dar UniversityBahir Dar Journal of Education1816-336X2415-04522023-06-01151Revenue diversification strategies in Ethiopian higher education system: A brief reflectionKibrom Mengistu Feleke0Department of Psychology Faculty of Educational and Behavioral Sciences, Bahir Dar University, Bahir Dar, Ethiopia A university generally requires adequate financial resources for the success of its overall operations. Nevertheless, universities throughout the world, especially in developing ones, are struggling to obtain the necessary funds in order to satisfy the evergrowing demand of higher education. With the current massive higher education expansion in Ethiopia and the limited government capacity to adequately fund this expanding system, therefore, there is an urgent need for the public universities to work towards financial viability by broadening and diversifying their funding base. In an effort to establish financially sustainable ground, public universities need to generate revenues from non-governmental sources. With this in mind, this reflection discusses university financing trends and the subsequent financial austerity in Ethiopia. The paper also attempts to reflect on the strategies currently used by the public universities in diversifying their funding base in the face of increased financial demand for the rapidly expanding system of higher education in the country. The paper finally reflects on the implication of revenue diversification. https://www.ajol.info/index.php/bdje/article/view/249050financial constraint, revenue diversification, Ethiopia, public higher education |
| spellingShingle | Kibrom Mengistu Feleke Revenue diversification strategies in Ethiopian higher education system: A brief reflection Bahir Dar Journal of Education financial constraint, revenue diversification, Ethiopia, public higher education |
| title | Revenue diversification strategies in Ethiopian higher education system: A brief reflection |
| title_full | Revenue diversification strategies in Ethiopian higher education system: A brief reflection |
| title_fullStr | Revenue diversification strategies in Ethiopian higher education system: A brief reflection |
| title_full_unstemmed | Revenue diversification strategies in Ethiopian higher education system: A brief reflection |
| title_short | Revenue diversification strategies in Ethiopian higher education system: A brief reflection |
| title_sort | revenue diversification strategies in ethiopian higher education system a brief reflection |
| topic | financial constraint, revenue diversification, Ethiopia, public higher education |
| url | https://www.ajol.info/index.php/bdje/article/view/249050 |
| work_keys_str_mv | AT kibrommengistufeleke revenuediversificationstrategiesinethiopianhighereducationsystemabriefreflection |