Study of Financial Management and Funding Practices Adopted by Private Unaided Higher Educational Institutions
Journal: MERC Global's International Journal of Management (Vol.2, No. 3)Publication Date: 2014-07-01
Authors : Shirish Raibagkar;
Page : 109-132
Keywords : Financial management; Funding practices; Educational institutions; Private unaided educational institutions; Banks; Finance; Education; India.;
Abstract
Share of youth population dominates the current demographic profile of India. Education and particularly higher education will play a critical role in shaping not only the careers of the youth population, but also impact the prospect of the entire nation. The Government of India encourages the private sector to play an industrious role in education. However, private unaided educational institutions (PUEIs) are struggling with some major issues with reference to financial management practices and funding. This study is an attempt to capture an insight into the current financial management practices of PUEIs particularly in the semi-urban and rural areas of India. Moreover, study exposes the ground level problems confronted by PUEIs in the long-term as well as short-term financing and also determines the problems confronted by the bankers in financing these PUEIs. Conclusively, study approaches out with practical solutions to solve both long-term as well as short-term financial problems.
Other Latest Articles
- Impacts of Changing Corporate Tax Policy on the Risk Level of Firms
- A Comprehensive Contemporary Safety Management Systems Framework Including Planning and Monitoring Guidance
- MASS VARIATION OF REACTIVE SYSTEMS: DEVELOPMENT OF VIEWS ON CHEMICAL PROCESSES
- ASTRONOMICAL PHENOMENA DISPROVE EINSTEIN’S SPECIAL RELATIVITY THEORY
Last modified: 2014-07-30 01:58:26