Sustainability and profitability of the University Prof. Dr. Tamás Mészáros Rector, Corvinus University of Budapest „Expanding Europe”, Pécs, 11-14 October 2010 Prof. Dr. Tamás Mészáros, Rector Sustainability of the University, double interpretation The role of the University in sustainable development – Research, modelling, education The Sustainability of the University – To suit/meet the requirements of the stakeholders – To be able to continue in existence in a competitive environment – To recruit enough students in order to fully utilize the infrastructure Prof. Dr. Tamás Mészáros, Rector 3 Sustainability of the University, double interpretation II. – To be able to win good and profitable projects on different tenders – To utilize good and fruitful relationships with its alumni and generally with the business environment Prof. Dr. Tamás Mészáros, Rector 4 35 Number of students by level of education (in millions, EU27) 2000 2001 2002 2003 2004 2005 2006 2007 2008 30 25 20 15 10 ISCED 0 Pre-primary education ISCED 1 Primary education ISCED 2 Lower secondary education Prof. Dr. Tamás Mészáros, Rector ISCED 3-4 Upper and post secondary education ISCED 5-6 Tertary education 5 Number of students between the age of 1822 and the proportion of tertiary education Prof. Dr. Tamás Mészáros, Rector 6 The role of the University in the sustainable development Research – the case of Corvinus University Out of 5 high priority research projects one is dealing with this topic: Sustainable development – liveable region – liveable urban area – elaboration of technical, ecological, natural, socioeconomical framework of sustainable development in Middle-Hungary, definition of requirements, analysis of possible developments, urban development and planning Prof. Dr. Tamás Mészáros, Rector 7 Modelling, the case of Pécs Number of inhabitants: around 170.000 Number of university students: around 30.000 (18% of inhabitants) If they lived in a sustainable way, it would have a significant impact on the city as well Prof. Dr. Tamás Mészáros, Rector 8 University stakeholders Owner supporter Scientific Community Customers students University Local and global society Labour market actors Prof. Dr. Tamás Mészáros, Rector Employees, professors etc. 9 Profitability of the University The main fundamental question: Higher education is a part of the public welfare service or a marketbased service? Prof. Dr. Tamás Mészáros, Rector 10 Profitability of the University II. The majority of students are financed by the State in Hungary, Only 16% of students attend non-state financed institutions. The subsidy of HEI is only 1% of the Hungarian GDP Universities have additional revenues: – – – – Tuition fees Research for the business community European and state financed projects PPP in infrastructure development Prof. Dr. Tamás Mészáros, Rector 11 Budget expenditure on higher education as a whole and per student (in ppp yr. 2000) Prof. Dr. Tamás Mészáros, Rector 12 Budget expenditure on higher education as a percentage of the GDP Expenditure on education Expenditure on higher education Prof. Dr. Tamás Mészáros, Rector 13 The case of the Corvinus University of Budapest Financed partly by the state and from private resources Around 17.500 students and 17 bn. HUF budget (62 m EUR) – State subsidy: 9 Bn. HUF (33 m EUR) – Revenue from education: 3,2 Bn. HUF (12 m EUR) – Revenue from the business community: 0,9 Bn. HUF (3 m EUR) – Revenue from projects: 0,9 Bn. HUF (3 m EUR) – Other revenues: 3,0 Bn. HUF (11 m EUR) Prof. Dr. Tamás Mészáros, Rector 14 Thank You for Your Attention! Prof. Dr. Tamás Mészáros, Rector 15