Relevance. In the current economic and political conditions in Russia, there is an acute shortage of welltrained engineers, and not only in the IT field. In order to overcome this problem, the state annually raises the admission target numbers (CAP) for technical educational programs. This increases the amount of public funding for universities (both per capita and for general development); it is measured in hundreds of billions of rubles, which requires studying the efficiency of resource use. The purpose of the article is, based on the results of a comprehensive empirical analysis, to identify the key problems that reduce the effectiveness of state financing of state-funded places in engineering and technical areas, and to substantiate proposals for minimizing them. Methodology and methods. The methodological basis is a systematic approach, within which general scientific methods (deduction, induction, generalization, comparative analysis, etc.) were used, as well as special economic and statistical research methods. Results and scientific novelty. It was revealed that the use of the current methodology for the distribution of CSC by the Ministry of Education and Science of Russia leads to the fact that a significant part of budget places in engineering and technical areas of study are occupied by students with low (18.2% excluding IT areas) and extremely low (at least 14.5 %) by the level of incoming knowledge. In a number of areas, the proportion of such students reaches 87%, despite the fact that ¾ of the applicants have an extremely weak physical and mathematical base (within the framework of the school course). The actual scale of the problems turned out to be greater due to the non-linear scale of the Unified State Examination, “tuned” by the Ministry of Education of Russia to overestimate the score for “C” students. Taken together, this naturally leads to the training of engineers of the appropriate level at the state expense. A set of measures is substantiated to change the methodology for distributing budgetary places, aimed at improving the efficiency of the use of public funding. Practical significance. The results of the study can be used by the Ministry of Education and Science of Russia, as well as by the administrations of technical universities to improve the quality of applicants for engineering education programs.
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