EVALUATION OF THE EFFICIENCY OF STATE INSTITUTIONS OF HIGHER EDUCATION IN UKRAINE: THEORETICAL PRINCIPLES AND GENERAL METHODOLOGICAL APPROACHES

Authors

DOI:

https://doi.org/10.18371/fcaptp.v2i37.229952

Keywords:

key performance indicators, key еfficacy indicators, efficiency, public higher education institutions, effectiveness

Abstract

Abstract. The purpose of the article is to study the theoretical issues of determining the effectiveness of state higher educational institutions of Ukraine and the development of theoretical and methodological principles, as well as general methodological approaches to its evaluation. To implement it, the authors formed and proposed a supplement to the thesaurus of management of the concept of «key performance indicators» (Key Efficacy Indicators, KEI), which, in the context of the object of study, is proposed to understand a set of numerical indicators of public higher education. nature, which are the central element of the system of evaluation of its activities in terms of its effectiveness and efficiency in order to achieve certain goals of the state institution of higher education. In order to form a stable basis of the evaluation methodology, a classification of key performance indicators was formed according to 16 features, according to which the corresponding groups were identified and their characteristics were given. The outline of the methodology is based on the basic classification features of key performance indicators, in particular by: types (efficiency and effectiveness), degree of importance (major and minor) and areas of coverage (educational, research, financial, contingent, infrastructure, socio-ethical); it provides for the final definition of an integrated key performance indicator through the sum of complex indicators of efficiency and effectiveness or the sum of complex indicators of educational, research, financial, socio-ethical spheres, as well as areas of contingent and infrastructure. The final formation of the methodology for assessing the effectiveness of state institutions of higher education will optimally and deeply assess the activities of these entities, which will contribute to the actual implementation of all management functions in time and space to fulfill their mission, objectives and development goals.

Keywords: key performance indicators, key еfficacy indicators, effectiveness, efficiency, public higher education institutions.

JEL Classification M41, I23

Formulas: 11; fig.: 0; tabl.: 1; bibl.: 25.

 

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Published

2021-04-30

How to Cite

Rudnytskyy, W., Svirko, S., Dykyi, A., Dyka, O., & Trosteniuk, T. (2021). EVALUATION OF THE EFFICIENCY OF STATE INSTITUTIONS OF HIGHER EDUCATION IN UKRAINE: THEORETICAL PRINCIPLES AND GENERAL METHODOLOGICAL APPROACHES. Financial and Credit Activity: Problems of Theory and Practice, 2(37), 161–170. https://doi.org/10.18371/fcaptp.v2i37.229952

Issue

Section

The topical questions about the development of finance, account and audit