Designing Strategies Framework for Effective Funding Formula Implementation at Malaysian Public Universities

Abstract

Over the past few decades, Malaysia's higher education system has undergone significant evolution and growth. With notable achievements in areas such as student enrolment, research publication, patents, and institutional excellence, the system has earned a global reputation and become a preferred destination for international students. However, the Ministry of Higher Education recognizes the need for the system to continue to evolve in order to stay current with global trends. A crucial element in this evolution is the provision of long-term funding to support and enhance the country's capacity to deliver high-quality education that meets international standards. In response to this need, the Ministry of Higher Education has proposed a change to the funding formula for Malaysian public universities, with the goal of improving the relationship between performance and outcomes. To this end, this study was conducted to design a strategy for the effective implementation of this new funding formula in Malaysian public universities. By providing a deeper understanding of the strategies required for successful implementation, the study's findings will be invaluable to both the Ministry of Higher Education and Malaysian public universities.