Abstract

The paper discusses the economic aspect of modern Russian higher education. Education is one of the economic branches. The paper proposes several models of domestic economic policy in the field and some ideas for involving foreign students. The main idea of the paper is that universities have to stop hopping for government resources and act like an economic actor.

Highlights

  • At the moment, the sphere of higher education is undergoing serious transformations

  • The main challenges of our time include [1]: significant change in the labor structure, which creates a demand for new professions, which means competencies and knowledge; frequent changes in demand for various professions, which increases the need and importance of professional retraining; changes in forms of work, including switching to remote work and training; mass market that forces specialists to adapt to its requirements; lack of production in many areas, development of the IT sector in Russia and production in China; replacement of many professions and modern technologies; sharp decline in quality, and in the perception of quality among modern consumers in all areas; high impact of state standards and regulations that do not have time to adapt to new market requirements

  • A higher education institution finds itself in a situation where it needs to be a market structure or partially a market structure, and maintain a high level of competitiveness that consists of contradictory aspects

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Summary

Introduction

All of them are related to environmental challenges in one way or another. The main challenges of our time include [1]: significant change in the labor structure, which creates a demand for new professions, which means competencies and knowledge; frequent changes in demand for various professions, which increases the need and importance of professional retraining; changes in forms of work, including switching to remote work and training; mass market that forces specialists to adapt to its requirements; lack of production in many areas, development of the IT sector in Russia and production in China; replacement of many professions and modern technologies; sharp decline in quality, and in the perception of quality among modern consumers in all areas; high impact of state standards and regulations that do not have time to adapt to new market requirements. A higher education institution finds itself in a situation where it needs to be a market structure or partially a market structure, and maintain a high level of competitiveness that consists of contradictory aspects

Methods
Funding models for educational institutions
Competition
University sales funnel
Key mistakes
Future transformations
Discussion and Conclusion
Full Text
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