Financing Business School Education: What Are the Economic Returns and Implications for Africa?

Victor Murinde

No 30565, General Discussion Papers from University of Manchester, Institute for Development Policy and Management (IDPM)

Abstract: To be able to finance their physical assets and working capital costs, business schools mainly raise funds from any or a combination of the following: direct funding by the public sector or the government; income from providing educational services; debt (bank and bond); equity by private owners; public-private partnerships; research grants; and private sector endowment funds. This is a financing decision. But, it is the capital budgeting decision that matters! Business schools have to yield positive economic rates of return to become viable and attractive investment propositions; they must also yield positive non-pecuniary benefits. This paper provides a selective survey of the evidence on the core question of the rate of return to university education, and points out policy implications for business school education in Africa.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 27
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/30565/files/dp010064.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:idpmgd:30565

DOI: 10.22004/ag.econ.30565

Access Statistics for this paper

More papers in General Discussion Papers from University of Manchester, Institute for Development Policy and Management (IDPM) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().