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Archived Curricula Guide 2015–2017
Curricula Guide is archieved. Please refer to current Curricula Guides
MARIH11 Financial Management and Funding in Higher Education, Research and Innovation 5 ECTS
Organised by
MDP in Research and Innovation in Higher Education
Administrative Science, Higher Education Managem.
Corresponding course units in the curriculum
School of Management
Curricula 2012 – 2015


Strategic themes: Internationalisation

General description

The course is offered at the University of Tampere.

Learning outcomes

Student should be able to:
- understand the nature of higher education, research and innovation as economic goods
- understand the role and rationale of financing higher education, research and innovation
- understand different financial and management environments and their linkages to financial management of HEIs
- critically assess the strengths and weaknesses of different system level financing practices and funding models and their relevance to the operational environment of HEIs
- critically assess the strengths and weaknesses of various funding and budgeting models and other financial steering instruments used in higher education, research and innovation
- apply concepts and theories to the analysis of the key financial issues of HEIs


- Higher education, research and innovation as public and private goods
- Financial autonomy and accountability of HEIs
- Changing financing patterns of higher education: Global perspectives
- Funding research and innovation: policies and practices
- Institutional financial management
planning, strategies for diversifying the funding base
- Case exercise in small groups

Teaching methods

Teaching method Contact Online
Lectures 25 h 0 h
Group work 100 h 0 h

Readings, lectures, group work

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Open University Students
  • Doctoral Students
  • Exchange Students
Case Exercise and Group work paper  Participation in course work 
In English

Evaluation and evaluation criteria

Numeric 1-5.
Assessment methods: Group work paper

Study materials

Santiago P. (2008). Matching Funding Strategies with National Priorities. In Santiago, P. et al. (Eds.) Tertiary Education for the Knowledge Society Volume 1. Special Features: Governance, Funding, Quality. Paris: OECD, s. 163-258.

Salmi, J. & Hauptman, A. (2006.). Innovations in Tertiary Education Financing: A Comparative Evaluation of Allocation Mechanisms. New York: World Bank.

Selection of other readings assigned by the teachers.

Belongs to following study modules

Archived Teaching Schedule. Please refer to current Teaching Shedule.
School of Management