STRATEGIES TO ADDRESS THE FINANCIAL CHALLENGES FACING UNIVERSITIES POST THE COVID-19 CRISIS: FACULTY MEMBERS' PERCEPTIONS

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Abstract

ABSTRACT
Disasters and crises are not entirely negative; they can also bring forth positive aspects. The
main objective of the current study is to propose strategies for addressing the financial
challenges that universities face after the Covid-19 crisis, from the perspective of faculty
members, as they prepare for the post-Corona stage. The study involved 133 faculty members
from two major Omani and Saudi universities during the academic year 2022. A descriptive
quantitative approach was utilized, employing a questionnaire with two dimensions: direct
strategies and sustainable strategies. The reliability of the questionnaire, as measured by
Cronbach's Alpha, was 0.91. The study identified several strategies for financing education in
Arab universities, with a particular emphasis on investing in technology-based training as a
response to the crisis. Additionally, the study recommended enhancing the role of investment
funds in universities and encouraging their investment and service activities by developing
resources within the universities.
Keywords: Universities funding, Corona pandemic, Higher education
Original languageEnglish
Pages (from-to)102
Number of pages121
JournalBusiness, Management and Economics Engineering
Volume21
Issue number02
Publication statusPublished - Aug 30 2023

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