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Using Data To Optimize Higher Education Financing – A Management Issue

Author

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  • Daniel BOJTE

    (The Bucharest Academy of Economic Studies)

Abstract

The financing of higher education is an issue that has long-term societal implications, with a strong political influence and more often than not, hindered by the imperfect competition among HE institutions. The arbitrary way the financing of HE institutions occurs may be mitigated and optimized by using data collection, more precisely an Education Management Information System (EMIS), to ensure precise, fluid and timely datasets. Being not only an IT instrument and a database, but a system within a broader education scheme, EMIS contributes to implementing policies and procedures that efficiently collect, safeguard and use digital data resources to satisfy educational and company requirements. This paper highlights the current status of the financing of HE in Romania, in comparison to other countries, more specifically UK and US.

Suggested Citation

  • Daniel BOJTE, 2019. "Using Data To Optimize Higher Education Financing – A Management Issue," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 20(3), pages 343-359, July.
    • Handle: RePEc:rom:rmcimn:v:20:y:2019:i:3:p:343-359
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    File URL: https://www.rmci.ase.ro/no20vol3/11.pdf
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    More about this item

    Keywords

    education management information; EMIS; digital transformation; skills gap; education.;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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