Abstract
Abstract. The main purpose of the article is to form a consistent and clear mechanism for neutralizing internal and external threats to financial security. Financial security at any level always implies a state of security against the impact of threats. Terms such as «risk», «call» and «danger» are often used. The article establishes the essence of the concepts of «financial security of higher education institution», «danger», «risk», «challenge» and «threat». Classification of threats into internal and external ones is carried out, their sources and factors are identified. The methods used to assess risks, their advantages and disadvantages are defined. It is offered to carry out an estimation of risks of financial security of higher education institutions by means of SWOT-analysis and expert methods, and using point marks to establish a generalized estimation of one expert of influence of factors of strong and weak sides of activity of higher education institution on assistance to use of possibilities and protection against threats taking into account probability of their occurrence. The generalized result of activity of higher educational institutions is calculated, which showed insignificant prevalence of internal strong factors in activity of higher educational institutions on quality of educational services provided by them and provision of financial security. Weaknesses of activity of higher education institutions on which management of quality of educational services for the purpose of maintenance of financial security should be focused, and also those strong sides of activity which potential should be used for achievement of the set goal are established. Based on the results of the study, it was identified the main weaknesses that the management of the quality of educational services should pay attention to in order to ensure the financial security of higher education institutions. It is necessary to take into account that the results of this assessment are quite variable in time, because according to the circumstances may change the system of factors, and step their influence. According to the results of the analysis, the most significant factors of internal and external environment of the institution of higher education were identified, and the matrix of components of the SWOT-analysis will take shape. Keywords: financial security, threats, higher education institutions, education, risk. JEL Classification B26, G29, I22, P43 Formulas: 3; fig.: 0; tabl.: 1; bibl.: 15.
Highlights
The main type of activity of higher education institutions, which is determining for the formation of the efficiency of their activities and financial security, is the provision of educational services
At the same time scientists distinguish four levels of financial security in the sphere of education: the financial security of the State, the financial security of the education sphere, the financial security of the higher education institution and the financial security of an individual who is involved in the educational process
In addition to SWOT-analysis, the expert method was used to identify strengths, weaknesses, opportunities and threats of higher education institutions to ensure the appropriate level of quality of their educational services and financial security
Summary
The main type of activity of higher education institutions, which is determining for the formation of the efficiency of their activities and financial security, is the provision of educational services. The process of ensuring financial security should include the analysis of factors, identification of risks and threats and their assessment. All factors that have a certain impact on financial security should be divided into positive and destructive: probability of risk occurrence, threatening actions — challenges, real possibility of loss — danger, objective or subjective intention to cause damage — threat. SWOT-analysis allows to identify internal factors that determine the strengths and weaknesses of the research subject (higher education institutions), and external factors that characterize the potential opportunities and threats [14; 15]. The filling of the components of the SWOT-analysis matrix can be changed in accordance with changes in both the internal and external environment
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