Abstract

DO KENYAN PUBLIC UNIVERSITIES HAVE THE POTENTIAL OF INCOME GENERATING UNITS? A CASE OF MOI UNIVERSITY, KENYA

Musera Geoffrey

Volume: 3 Issue: 2 2013

Abstract:

Due to a decline in government funding, public universities are experiencing financial crisis of unprecedented proportions. The crisis is threatening to reduce the capacity of the universities` to effectively fulfill their role of teaching, research and contributing to national development. To address the short falls, universities` have diversified sources of funding by engaging in income generation initiatives to raise additional funds. The alternative sources of funding are run and managed by the institutions themselves or by the university holding companies. In this respect schools are increasingly becoming the backbone of the university in generating additional income. In generating income, Moi university schools are generally responsible for financial and administrative decisions in line with Responsibility Based Management policy contained in the Strategic Plan document 2005-2015. This paper based on research findings, a case study of Moi University, examines the characteristics of a potentially income generating school. Some of the aspects explored include physical and human resources available in schools and related indicants

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