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...

Full description

Saved in:
Bibliographic Details
Main Author: Kibrom Mengistu Feleke
Format: Article
Language:English
Published: College of education, Bahir Dar University 2023-06-01
Series:Bahir Dar Journal of Education
Subjects:
Online Access:https://www.Ajol.Info/index.php/bdje/article/view/249050
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1823864726191341568
author Kibrom Mengistu Feleke
author_facet Kibrom Mengistu Feleke
author_sort Kibrom Mengistu Feleke
collection DOAJ
description 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.
format Article
id doaj-art-e5582e913bb24184a7536d014b654953
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-e5582e913bb24184a7536d014b6549532025-02-08T19:50:51ZengCollege 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