Evaluation of Higher Education Effectiveness

operating characteristics of the educational process and current macroeconomic indicators. The reasons of the poor state of the modern Ukrainian higher education have been highlighted. As the main reasons of the poor quality of the proposed curricula there considered poor quality of teaching staff o...

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Main Authors: Skrypnyk Andrii V., Oborska Inna S.
Format: Article
Language:English
Published: PH "INZHEK" 2015-11-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-53_61.pdf
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author Skrypnyk Andrii V.
Oborska Inna S.
author_facet Skrypnyk Andrii V.
Oborska Inna S.
author_sort Skrypnyk Andrii V.
collection DOAJ
description operating characteristics of the educational process and current macroeconomic indicators. The reasons of the poor state of the modern Ukrainian higher education have been highlighted. As the main reasons of the poor quality of the proposed curricula there considered poor quality of teaching staff of higher education establishments and graduates’ striving to gain political rather than human capital. There have been proposed quantitative methods for evaluating the effectiveness of expenditures on higher education based on the data on the level of payment for skilled and unskilled labor, cost of higher education and performance of financial services markets in the country (loan interest rate and the discount rate). It is shown that the recognized leaders of the education market have the best positions in terms of cost-effectiveness. There has been carried out a comparative analysis of budget expenditures on higher education in Ukraine and other countries, which allowed to make a conclusion about the impossibility of growth of budget expenditures in the nearest future and possible significant reduction in the number of higher education institutions as a result of increasing the competition from Eastern European countries with the reformed education system.
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spelling doaj.art-fc22e8d7d5084d6ea009486d2f6288fa2024-02-02T18:25:44ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862015-11-0145361Evaluation of Higher Education EffectivenessSkrypnyk Andrii V.0Oborska Inna S.1Doctor of Science (Economics), Professor, Head of the Department, Department of Economic Cybernetics, National University of Life and Environmental Sciences of UkraineMaster, National University of Life and Environmental Sciences of Ukraineoperating characteristics of the educational process and current macroeconomic indicators. The reasons of the poor state of the modern Ukrainian higher education have been highlighted. As the main reasons of the poor quality of the proposed curricula there considered poor quality of teaching staff of higher education establishments and graduates’ striving to gain political rather than human capital. There have been proposed quantitative methods for evaluating the effectiveness of expenditures on higher education based on the data on the level of payment for skilled and unskilled labor, cost of higher education and performance of financial services markets in the country (loan interest rate and the discount rate). It is shown that the recognized leaders of the education market have the best positions in terms of cost-effectiveness. There has been carried out a comparative analysis of budget expenditures on higher education in Ukraine and other countries, which allowed to make a conclusion about the impossibility of growth of budget expenditures in the nearest future and possible significant reduction in the number of higher education institutions as a result of increasing the competition from Eastern European countries with the reformed education system.http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-53_61.pdfeffectivenesshigher educationhuman capitalpolitical capitalcorruption rents
spellingShingle Skrypnyk Andrii V.
Oborska Inna S.
Evaluation of Higher Education Effectiveness
Problemi Ekonomiki
effectiveness
higher education
human capital
political capital
corruption rents
title Evaluation of Higher Education Effectiveness
title_full Evaluation of Higher Education Effectiveness
title_fullStr Evaluation of Higher Education Effectiveness
title_full_unstemmed Evaluation of Higher Education Effectiveness
title_short Evaluation of Higher Education Effectiveness
title_sort evaluation of higher education effectiveness
topic effectiveness
higher education
human capital
political capital
corruption rents
url http://www.problecon.com/export_pdf/problems-of-economy-2015-4_0-pages-53_61.pdf
work_keys_str_mv AT skrypnykandriiv evaluationofhighereducationeffectiveness
AT oborskainnas evaluationofhighereducationeffectiveness