Аннотации:
During the adaptation of universities to Covid-19, the problem
of their financial flexibility has become crucial. The ability to react quickly
during a pandemic crisis with changes of training format and educational
activities, the flexibility to respond to external challenges under the scarce
resources, maintenance of a competitive position on the market of
educational services are the symptoms and implications of financial
flexibility. The purpose of the article is to determine the signs of the
university's financial flexibility, which could be the basis for designing and
practical application of methodological tools for evaluating the financial
flexibility of universities. The concept of financial flexibility of universities
is proposed as the ability of university management to generate income,
restrain and optimally allocate costs, generate cash flows with constrained
budget funding during the crisis, create and implement business models,
implement unique valuable educational proposals. Manifestations of
financial flexibility concerning state and private financing have been
defined. The signs of financial flexibility, such as sensitivity, efficiency,
manoeuvrability, alternativeness, economy, have been outlined. Methodical
tools and indicators for the evaluation of financial flexibility have been
proposed. The degree of the impact of main factors on the financial
flexibility of universities is determined.
