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Prof. Dr. Tamás Mészáros Rector, Corvinus University of Budapest

Sustainability and profitability of the University. Prof. Dr. Tamás Mészáros Rector, Corvinus University of Budapest „Expanding Europe”, Pécs, 11-14 October 2010. Sustainability of the University, double interpretation. The role of the University in sustainable development

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Prof. Dr. Tamás Mészáros Rector, Corvinus University of Budapest

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  1. Sustainability and profitability of the University Prof. Dr. Tamás Mészáros Rector, Corvinus University of Budapest „Expanding Europe”, Pécs, 11-14 October 2010

  2. Sustainability of the University, double interpretation • The role of the University in sustainable development • Research, modelling, education • The Sustainability of the University • To suit/meet the requirements of the stakeholders • To be able to continue in existence in a competitive environment • To recruit enough students in order to fully utilize the infrastructure

  3. Sustainability of the University, double interpretation II. • To be able to win good and profitable projects on different tenders • To utilize good and fruitful relationships with its alumni and generally with the business environment

  4. Number of students by level of education (in millions, EU27)

  5. Number of students between the age of 18-22 and the proportion of tertiary education

  6. The role of the University in the sustainable development • Research – the case of Corvinus University • Out of 5 high priority research projects one is dealing with this topic: Sustainable development – liveable region – liveable urban area • elaboration of technical, ecological, natural, socio-economical framework of sustainable development in Middle-Hungary, definition of requirements, analysis of possible developments, urban development and planning

  7. Modelling, the case of Pécs • Number of inhabitants: around 170.000 • Number of university students: around 30.000 (18% of inhabitants) • If they lived in a sustainable way, it would have a significant impact on the city as well

  8. University stakeholders

  9. Profitability of the University • The main fundamental question: Higher education is a part of the public welfare service or a market-based service?

  10. Profitability of the University II. • The majority of students are financed by the State in Hungary, • Only 16% of students attend non-state financed institutions. • The subsidy of HEI is only 1% of the Hungarian GDP • Universities have additional revenues: • Tuition fees • Research for the business community • European and state financed projects • PPP in infrastructure development

  11. Budget expenditure on higher education as a whole and per student (in ppp yr. 2000)

  12. Budget expenditure on higher education as a percentage of the GDP Expenditure on education Expenditure on higher education

  13. The case of the Corvinus University of Budapest • Financed partly by the state and from private resources • Around 17.500 students and 17 bn. HUF budget (62 m EUR) • State subsidy: 9 Bn. HUF (33 m EUR) • Revenue from education: 3,2 Bn. HUF (12 m EUR) • Revenue from the business community: 0,9 Bn. HUF (3 m EUR) • Revenue from projects: 0,9 Bn. HUF (3 m EUR) • Other revenues: 3,0 Bn. HUF (11 m EUR)

  14. Thank You for Your Attention!

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