A sustainable model for business schools

The purpose of this paper is to provide insight into the financial models used by business schools, with a specific focus on the cost side of the model. The paper systematically looks at sources of revenue and areas of expenditure under different business school models. The paper finds that the facu...

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Main Authors: THOMAS, Howard, PETERS, Kai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3820
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4819/viewcontent/SustainableModelBusinessSchools_2012.pdf
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Institution: Singapore Management University
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spelling sg-smu-ink.lkcsb_research-48192018-07-10T04:52:24Z A sustainable model for business schools THOMAS, Howard PETERS, Kai The purpose of this paper is to provide insight into the financial models used by business schools, with a specific focus on the cost side of the model. The paper systematically looks at sources of revenue and areas of expenditure under different business school models. The paper finds that the faculty model used by many business schools, with the need to devote significant effort to generate academic publications, is very cost intensive and not efficient. The paper suggests that alternative models can be developed which would make business schools more financially sustainable. While there has been a lot of societal attention paid to sources of income, most notably tuition, very little attention has been paid to the actual use of resources within the business school environment or to alternative models which could be used to deliver high quality education at lower cost. 2012-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/3820 info:doi/10.1108/02621711211219031 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4819/viewcontent/SustainableModelBusinessSchools_2012.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Business schools Performance measures Finance Costs Financial structures Private providers Competition Business Higher Education
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Business schools
Performance measures
Finance
Costs
Financial structures
Private providers
Competition
Business
Higher Education
spellingShingle Business schools
Performance measures
Finance
Costs
Financial structures
Private providers
Competition
Business
Higher Education
THOMAS, Howard
PETERS, Kai
A sustainable model for business schools
description The purpose of this paper is to provide insight into the financial models used by business schools, with a specific focus on the cost side of the model. The paper systematically looks at sources of revenue and areas of expenditure under different business school models. The paper finds that the faculty model used by many business schools, with the need to devote significant effort to generate academic publications, is very cost intensive and not efficient. The paper suggests that alternative models can be developed which would make business schools more financially sustainable. While there has been a lot of societal attention paid to sources of income, most notably tuition, very little attention has been paid to the actual use of resources within the business school environment or to alternative models which could be used to deliver high quality education at lower cost.
format text
author THOMAS, Howard
PETERS, Kai
author_facet THOMAS, Howard
PETERS, Kai
author_sort THOMAS, Howard
title A sustainable model for business schools
title_short A sustainable model for business schools
title_full A sustainable model for business schools
title_fullStr A sustainable model for business schools
title_full_unstemmed A sustainable model for business schools
title_sort sustainable model for business schools
publisher Institutional Knowledge at Singapore Management University
publishDate 2012
url https://ink.library.smu.edu.sg/lkcsb_research/3820
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4819/viewcontent/SustainableModelBusinessSchools_2012.pdf
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