IDEAS home Printed from https://ideas.repec.org/a/spt/admaec/v3y2013i6f3_6_5.html
   My bibliography  Save this article

Financial Health of Australian Universities as Measured by Composite Financial Index

Author

Listed:
  • Sundaresan Mohanlingam
  • Nguyen Thi Phuong Linh

Abstract

Recent studies have observed that a significant number of universities have been on an “unsustainable financial path†. In addition, the financial meltdown of 2008 coupled with some unfavorable turn of events predicted a decline in revenue in Australian Universities for the year 2011 from the surplus of 2010. In light of these findings, this study seeks to find out the financial health of Australian universities in 2011 by using the Composite Financial Index (CFI). A single metric such as CFI offers a more holistic approach to understanding the overall financial health especially for higher educational institutions. The findings show that most universities in Australia had strong financial health in 2011 indicating that there has been no adverse financial impact due to unfavorable events. Further, the study also reveals that financial health of Australian universities in 2011 was not influenced by factors such as size of university, rank of university, ratio of international students, ratio of graduate students, number of undergraduate programs offered, number of graduate programs offered, number of employees, ratio of teachers, and ratio of staff.

Suggested Citation

  • Sundaresan Mohanlingam & Nguyen Thi Phuong Linh, 2013. "Financial Health of Australian Universities as Measured by Composite Financial Index," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 3(6), pages 1-5.
    • Handle: RePEc:spt:admaec:v:3:y:2013:i:6:f:3_6_5
    as

    Download full text from publisher

    File URL: http://www.scienpress.com/Upload/AMAE%2fVol%203_6_5.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spt:admaec:v:3:y:2013:i:6:f:3_6_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eleftherios Spyromitros-Xioufis (email available below). General contact details of provider: http://www.scienpress.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.