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Fund Management Practices in Universities of Gujarat State


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Reference:

Thaker, Manish M. (2005) Fund Management Practices in Universities of Gujarat State. PhD thesis, Saurashtra University.

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Abstract

The Indian universities are today facing a two fold problem one of the challenges offered by competition, accountability and responsibility on the one hand, and financial crisis on account of paucity of funds on the other. Today by accepting finances from the common public, the universities are establishing a norm, which would ensure involvement of the society in the ownership and management of the universities. No particular individual but a group of well meaning, conscious and financially well off people would control or manage the university. In a world of competition and global economy, the growing requirements of society are posing universities have started offering special packages and collaborative programmes. To maintain quality and to ensure marketability the universities can no longer depend on funds and resources received from the governments. Hence the need for self-financed courses in professional disciplines. By charging higher fees for professional course like M.B.A. & I.T. the universities would be able to achieve their objectives viz., Thus, by running self-financed courses and by earning money from the well - off students, the universities would be able to produce quality education and meet the demands / expectations of the society. As a matter of fact, the universities would depend on donors for the development of infrastructure required for running the self-financed courses. Most of the money they would they would earn by way of getting fees from the students would be spent on maintenance and the balance money would be invested for further development only. The universities then would not be profiteering organizations in the sense business is. The profit it would earn would be used for the betterment of society in a philanthropic spirit only. Can we call the United Nations a profiteering organization? It accepts huge donations from rich countries, sells booked and journals, but all the money earned is spent on the needy and poor countries of the world. The same logic holds true for a university.

Details

Item Type Thesis (PhD)
Item ID 67
Creators Thaker, Manish M.
Guide Bhayani, Sanjay J.
Keywords Fund Management, University, Commerce
Dewey Decimal Subjects 300 Social sciences > 380 Commerce, communications & transportation > 381 Commerce
Library of Congress Subjects H Social Sciences > HF Commerce
Department Faculties > Commerce > Department of Commerce
Affiliation with Saurashtra University
Qualification Level Doctoral
Language English
Number of Pages 342
Date August 2005
Unique ID THAMM05CO11
Registration No Not Available
Depositing User Repository Staff
Date Deposited 22 Dec 2011 06:30
Last Modified 18 Jan 2012 03:57
URI: http://etheses.saurashtrauniversity.edu/id/eprint/67

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