Beiträge zur Hochschulforschung - European University Association

More documents

Recommendations

Info

18 Thomas Estermann, Enora Bennetot Pruvot European Universities Diversifying Income Streams: an overview of the study Thomas Estermann, Enora Bennetot Pruvot, European University Association This paper gives an overview of the study “Financially Sustainable Universities II: European Universities Diversifying Income Sources” led by the European University Association between 2008 and 2011. It describes how European universities are currently financed, and looks into the sector’s expectations for future evolutions. It also analyses the many different barriers currently preventing universities from pursuing additional income streams and the possible drivers for stimulating income diversification. To address different funding challenges, including often declining public invest- ment, universities need to proactively design their own strategies. Future financial sustainability depends not only on reliable, sufficient public funding, but also on the autonomy and support necessary to successfully explore complementary funding options. 1 Introduction Financial sustainability is one of the key challenges for Europe’s universities today. Despite the tremendous diversity that exists in Europe, all higher education systems are increasingly under pressure due to rising student populations and mounting costs of teaching and research activities, and therefore face the same challenge of designing sustainable funding models. Since 2006 the European University Association (EUA) has been conducting ambitious research on the topic of financial sustainability. The first study on this topic explored the development of full costing in European universities and the ways to improve their capacity to identify better the full costs of all their activities. Maintaining an appropri- ate degree of diversity in the funding structure is another important step for universities to achieve financial sustainability. This was the focus of the EUDIS project which EUA undertook with its partners HUMANE (the Heads of University Management and Administration Network in Europe), the Bavarian State Institute for Higher Education Research and Planning, and the University of Bologna. Beiträge zur Hochschulforschung, 33. Jahrgang, 2/2011
Overview of the study The study builds upon previous work developed by EUA on university financial sustainability and governance, and has involved major data collection over 27 European countries. Quantitative data was collected through several questionnaires to university representatives and public authorities and qualitative data through site visits to universities and in-depth case study contributions at seminars and conferences. This paper aims to provide the reader with an overview of the study while exploring some of the key findings of this research 1 . It provides a concrete definition of income diversification, analyses its drivers and the current state of play in Europe. It further explores the challenges that universities face today in relation to the way they are funded, which framework conditions are needed for a successful diversification of funds, and finally details a “roadmap” for universities to develop such a strategy. 2 Income diversification What does income diversification mean in the higher education sector? In the framework of this research project, income diversification is understood as the generation of additional income (through new or existing funding sources) that con- tributes to balancing the income structure of the institution. It is a tool to achieve financial sustainability, if the conditions in which the universities operate allow and re- quire it. In turn, financial sustainability aims to ensure a university’s academic goals are reached by guaranteeing that the institution produces sufficient income to enable it to invest in its future academic activities. The EUDIS study considers the distribution and diversification of funding sources in general and in particular within the categories of public funding and of additional (other) funding sources. The latter includes income generated from contracts with the private sector (research contracts and education-related activities), philanthropic funding, income generated by the provision of services – rental of facilities, residences, catering, consultancy, libraries, museums... – and income through financial activities. Figure 1 shows the diversity of entities/institutions from which universities may receive funds and the variety of how these funds may be delivered to the university. 1 The report “Financially sustainable universities II: European universities diversifying income streams” is available on EUA’s website: www.eua.be/eudis. Beiträge zur Hochschulforschung, 33. Jahrgang, 2/2011 19
Page 1: IHF Beiträge zur Bayerisches Staat
Page 4 and 5: Impressum Beiträge zur Hochschulfo
Page 6 and 7: 2 Orientation, themes and target au
Page 8 and 9: 4 Editorial Obwohl Hochschulen als
Page 10 and 11: 6 We would like to warmly thank the
Page 12 and 13: 8 Abstracts Partnerschaften und die
Page 14 and 15: 10 Abstracts Mark Lammerts: Challen
Page 16 and 17: 12 Jean-Marc Rapp An introduction t
Page 18 and 19: 14 Jean-Marc Rapp long-term financi
Page 20 and 21: 16 Jean-Marc Rapp The European Unio
Page 24 and 25: 20 Thomas Estermann, Enora Bennetot
Page 44 and 45: 40 Nigel Thrift Income diversificat
Page 46 and 47: 42 Nigel Thrift that, on average in
Page 48 and 49: 44 Nigel Thrift relationships with
Page 50 and 51: 46 Nigel Thrift South Africa and Ta
Page 52 and 53: 48 Mark Lammerts Challenges of univ
Page 54 and 55: 50 Mark Lammerts Graph 3: Increasin
Page 56 and 57: 52 Mark Lammerts Joining forces wit
Page 58 and 59: 54 Mark Lammerts strategy building,
Page 60 and 61: 56 Mark Lammerts When talking to me
Page 62 and 63: 58 Joanna Motion, Adrian Beney Inco
Page 64 and 65: 60 Joanna Motion, Adrian Beney 3 Lo
Page 66 and 67: 62 Joanna Motion, Adrian Beney Ther
Page 68 and 69: 64 Joanna Motion, Adrian Beney able
Page 70 and 71: 66 Joanna Motion, Adrian Beney a lo
Page 72 and 73:
68 Sheila Gupta Professionalisation
Page 74 and 75:
70 Sheila Gupta ment structures. Go
Page 76 and 77:
72 Sheila Gupta institutions are of
Page 78 and 79:
74 Sheila Gupta ■ Delivering new
Page 80 and 81:
76 Michael Jansen Funding condition
Page 82 and 83:
78 Michael Jansen This is in partic
Page 84 and 85:
80 Michael Jansen 2012. This notabl
Page 86 and 87:
82 Michael Jansen which can only be
Page 88 and 89:
84 Michael Jansen ing the strategy
Page 90 and 91:
86 Thomas Estermann, Monika Steinel
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
92 Bibliography Bibliography Aartse
Page 98 and 99:
94 Hinweise für Autoren Hinweise f
Page 100 and 101:
IHF Bayerisches Staatsinstitut für
show all

Beiträge zur Hochschulforschung - European University Association

Create successful ePaper yourself

Delete template?

Save as template?