Bricks and mortar universities already struggle to balance student numbers and fees with research demands that they need to keep their profile high to continue to attract the best students. Public funding for universities is increasingly constrained with administrative and staff salary costs continuing to rise. Survival over the last twenty years has largely been achieved by passing costs on to the students as increased fees. While the big brand universities such as Harvard, Stanford, Oxford and Cambridge, for example, are likely to maintain cachet as global elite institutions most universities will have to consider scaling down and clearly defining the niche segments they serve in order to survive intensified competition with online training providers, specialized education institutions, and privately funded research.
University needs more professionals / domain experts to manage its activities and encourage innovation to cater to needs of the people and thus sustain its activities……………
Best Regards,
Educate, Empower, Elevate
Prof. Bholanath Dutta
Founder, Convener & President- MTC Global
An Apex Global Advisory Body in Management Education
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