Revenue generation strategies in Sub-Saharan African universities

Gebreyes, Fisseha Mamo

doi:10.3990/1.9789036538800

Cited by 6 publications

(5 citation statements)

References 133 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In comparing the revenue generation study conducted by Gebreyes, this study adopted a similar approach of strategy development that is differently focused on creating business start-up initiatives that are funded by universities, prioritizing the approach of financially supporting students with the aim of boosting graduates' employment. 42 The need for universities to find alternative income streams other than government funding was emphasized by Di Carlo et al and this study agrees with the notion of encouraging revenue strategies as the main aim of the study. 43…”

Section: Discussionsupporting

confidence: 87%

Revenue Strategies that Encourage Graduates’ Funding Initiatives in South African Public Universities

Nongogo,

Mashau

2023

EHASS

View full text Add to dashboard Cite

As a result of the increasing unemployment rate amongst youth in South Africa, this study sought to investigate revenue generating strategies aimed at sustaining universities financially in the long run whilst focusing primarily on placing graduates in employment opportunities emanating from business start-ups or business partnerships led by universities.Under the theme of developing university revenue strategies that create graduates’ work opportunities, two research questions aimed to address the role of universities in supporting graduates’ business start-ups. The study examined how university-led graduates’ initiatives could serve as a significant contributor to the university’s third income strategy, whilst simultaneously reducing youth unemployment, which is currently one of the biggest challenges in the South African economy. The focus was on all twenty-six South African public universities using secondary data that was already publicly available. A positivist epistemology, using a quantitative research method, was used when statistically testing the first key research question which was conducted by demonstrating the strength of statistical association between two variables through applying the Pearson’s correlation test. Thereafter, in the second research question forecasting technique determined how universities can realize benefits aimed at generating extra revenue from investment contributions made towards graduates’ investment initiatives through forecasting anticipated targeted Returns on Investments. Key findings demonstrated that there was a significant association between each university’s net profit and the graduates produced, and the funding subsidy from the South African government in higher education also confirms this practice. The forecasting approach using the Excel Solver equation was possible to apply in addressing the target return on investment. This implied providing positive guidance in solidifying executive decisions to strategize allocating a university profit proportion as the basis of financing capital resources supporting university-led graduates’ initiatives for creating work opportunities. Keywords: Revenue, Funding, South Africa, Publica Universities.

show abstract

Section: Discussionsupporting

confidence: 87%

Revenue Strategies that Encourage Graduates’ Funding Initiatives in South African Public Universities

Nongogo,

Mashau

2023

EHASS

View full text Add to dashboard Cite

show abstract

“…The traditional funding sources for the Nigerian tertiary education vary somewhat from point of view of the founding and proprietorship of the institutions. The federal tertiary institutions are funded by the federal government via grants for personnel costs, research funding and capital expenditures (Agunbiade & Dawud, 2017;Gebreyes, 2015;Nyeh & Kpee, 2019;Onuoha, 2013). It is on statutory note that federal tertiary institutions do not charge any tuition fees (Okojie, 2009) and it could be considered a serious violation for any federal tertiary institutions to impose tuition fees on the students or their parents (Ijaduola.…”

Section: Literature Reviewmentioning

confidence: 99%

Public private partnership (PPP) as an aid to tertiary institution support for internally generated revenue (IGR): a case study of yaba college of technology

O¹,

O²,

A³

et al. 2022

S. F. J. of Dev.

View full text Add to dashboard Cite

This study is on the contribution of public private partnership (PPP) to education development by generating revenue to sustain the infrastructure and academic decency of Yaba College of Technology, Lagos in Nigeria. Higher Education is a veritable tool for socio-economic development of any country. Training and educating society are the key influence of tertiary institution but they need to be financially sustained to carry out functional duties in terms of resources and development. PPP is seen as a solution to revamping educational sector that is experiencing failure in research and infrastructure growth everyday due to insensitivity on the part of government to finance education by meeting up the minimum requirement benchmark put forward by the United Nation (UN). The study identified the sources of internally generated revenue (IGR) of Yaba College of Technology, limitation facing these IGRs and investigated key issues affecting attempts to improve the IGR. The survey research strategy was used through questionnaire distribution to academic and non-academic members of staff for data collection. A total 150 questionnaires were returned. Sale of admission forms and Tuition fees and revenue from commercial ventures were revealed as main source of IGR. Analysis of the questionnaires showed key issues with IGR improvement to include performance, marketability, internalization, research and development as the challenges facing the institutional growth of the college. The study therefore recommends that concerted effort should be made by the government and private sectors to providing lasting solution to decline in educational sector of Nigeria.

show abstract

“…The last funding mechanism available to universities in Uganda is internally generated funds (Government of Uganda, 2018). Universities worldwide adopted strategies to internally generate revenue to become financially stable amidst dwindling incomes from other alternative sources (Gebreyes, 2015). Internally generated funds are the revenues obtained from activities of the university on its own (Onuoha, 2013).…”

Section: Financing Public University Education Institutions In Ugandamentioning

confidence: 99%

Financing Higher Education: Who Pays, Who Benefits, and Who Should Pay for University Education in Uganda

Amutuhaire

2022

East Afr. j. educ. stud.

View full text Add to dashboard Cite

This paper analyses the existing modes of financing a university education in Uganda. Different parties, including the state, the student (household), donors, and the institution itself, are financing university education in Uganda. However, students are the primary source of funds for university education. Over the years, the fees charged to university students have been increasing to the extent that they are now becoming unaffordable to many students considering the current average annual household income. While the government is involved in funding university education, the level of involvement is unsatisfactory besides being discriminative. The existing government sponsorship scheme indirectly favours students from affluent families and denies access to poor students. The existing loan scheme focuses only on STEM courses and ignores students whose potentials are in the arts sector. However, in doing all this, the state uses taxpayers' money. Indirectly, poor households finance the education of students from affluent families while students from low-income families must struggle on their own. Therefore, it is submitted in this paper that the existing funding mechanism for university education in Uganda should be revisited and made fair, sustainable, and inclusive. The paper reviews literature relevant to the topic by adopting a general literature review methodology. It highlights the involvement of different partners that finance university education in Uganda and the benefits of university education. The paper submits that a better funding model for university education should involve the student, the university, and the state should take the leading role.

show abstract

Revenue generation strategies in Sub-Saharan African universities

Cited by 6 publications

References 133 publications

Revenue Strategies that Encourage Graduates’ Funding Initiatives in South African Public Universities

Revenue Strategies that Encourage Graduates’ Funding Initiatives in South African Public Universities

Public private partnership (PPP) as an aid to tertiary institution support for internally generated revenue (IGR): a case study of yaba college of technology

Financing Higher Education: Who Pays, Who Benefits, and Who Should Pay for University Education in Uganda

Contact Info

Product

Resources

About