University Financial Support and Academic Ranking: Aspects of Interconnection

Increasing the competitiveness of Russian education is an important national strategic priority, enshrined within the framework of the national project “Education” and the concept of Russia’s humanitarian policy abroad. National and international academic rankings, despite the barriers that have ari...

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Main Authors: L. V. Prikhodko, A. N. Amerslanova, E. A. Kameneva
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2024-08-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/3073
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author L. V. Prikhodko
A. N. Amerslanova
E. A. Kameneva
author_facet L. V. Prikhodko
A. N. Amerslanova
E. A. Kameneva
author_sort L. V. Prikhodko
collection DOAJ
description Increasing the competitiveness of Russian education is an important national strategic priority, enshrined within the framework of the national project “Education” and the concept of Russia’s humanitarian policy abroad. National and international academic rankings, despite the barriers that have arisen are a highly proven information resource in the world for all categories of participants in the higher education system.   The purpose of the study is to identify whether there is an interconnection between a university’s financial support and its position in academic rankings.   The authors use the classical correlation analysis, ranking and comparison of universities’ funding amounts and their position change in academic rankings. The examined development strategies, competitiveness improvement programs, sustainable development reports of the Russian and world’s universities that are constantly improving their positions in the world rankings. Based on the results obtained conclude that there is no direct interconnection between universities’ funding amounts and their positions in the rankings and a determining factor in the promotion of the universities in the academic rankings. For universities, direct competitive funding algorithms appear to be more effective in achieving the specific objective than regulatory funding. Russian universities seeking to advance in rankings focus on the combined application of mechanisms and sources of funding.
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publisher Government of the Russian Federation, Financial University
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series Финансы: теория и практика
spelling doaj-art-d03a4f5cdeea45b08c749c6996c67cc92025-08-20T03:00:41ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892024-08-0128415718010.26794/2587-5671-2024-28-4-157-1801179University Financial Support and Academic Ranking: Aspects of InterconnectionL. V. Prikhodko0A. N. Amerslanova1E. A. Kameneva2Financial UniversityFinancial UniversityFinancial UniversityIncreasing the competitiveness of Russian education is an important national strategic priority, enshrined within the framework of the national project “Education” and the concept of Russia’s humanitarian policy abroad. National and international academic rankings, despite the barriers that have arisen are a highly proven information resource in the world for all categories of participants in the higher education system.   The purpose of the study is to identify whether there is an interconnection between a university’s financial support and its position in academic rankings.   The authors use the classical correlation analysis, ranking and comparison of universities’ funding amounts and their position change in academic rankings. The examined development strategies, competitiveness improvement programs, sustainable development reports of the Russian and world’s universities that are constantly improving their positions in the world rankings. Based on the results obtained conclude that there is no direct interconnection between universities’ funding amounts and their positions in the rankings and a determining factor in the promotion of the universities in the academic rankings. For universities, direct competitive funding algorithms appear to be more effective in achieving the specific objective than regulatory funding. Russian universities seeking to advance in rankings focus on the combined application of mechanisms and sources of funding.https://financetp.fa.ru/jour/article/view/3073universityacademic rankingfinancial supportpromotion in the rankingstate programs for financing universitiesfinancial policy of education
spellingShingle L. V. Prikhodko
A. N. Amerslanova
E. A. Kameneva
University Financial Support and Academic Ranking: Aspects of Interconnection
Финансы: теория и практика
university
academic ranking
financial support
promotion in the ranking
state programs for financing universities
financial policy of education
title University Financial Support and Academic Ranking: Aspects of Interconnection
title_full University Financial Support and Academic Ranking: Aspects of Interconnection
title_fullStr University Financial Support and Academic Ranking: Aspects of Interconnection
title_full_unstemmed University Financial Support and Academic Ranking: Aspects of Interconnection
title_short University Financial Support and Academic Ranking: Aspects of Interconnection
title_sort university financial support and academic ranking aspects of interconnection
topic university
academic ranking
financial support
promotion in the ranking
state programs for financing universities
financial policy of education
url https://financetp.fa.ru/jour/article/view/3073
work_keys_str_mv AT lvprikhodko universityfinancialsupportandacademicrankingaspectsofinterconnection
AT anamerslanova universityfinancialsupportandacademicrankingaspectsofinterconnection
AT eakameneva universityfinancialsupportandacademicrankingaspectsofinterconnection