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ИД «Финансы и кредит»






Economic Analysis: Theory and Practice

Assessment of methods for analyzing the economic security of the university

Vol. 20, Iss. 12, DECEMBER 2021

Received: 30 September 2021

Received in revised form: 12 October 2021

Accepted: 23 October 2021

Available online: 27 December 2021

Subject Heading: Crisis management

JEL Classification: H61, I23, M40

Pages: 2365–2384


Elizaveta E. ERMOSHINA Voronezh State University (VSU), Voronezh, Russian Federation


Subject. The article investigates the analysis of economic security of a higher education institution. It defines its directions, analytical indicators, methodological guidelines, considering the specific nature of activity, which contribute to improving the economic security and the quality of management decisions made by key executives of universities.
Objectives. The purpose is to conduct a critical review and evaluate the main methods of economic security analysis of higher education institutions, taking into account the specifics of their activities.
Methods. The study rests on general and specific methods of cognition (analysis and synthesis, induction and deduction, grouping, comparison, etc).
Results. I reviewed the existing methods of analyzing the economic security of commercial organizations and higher educational institutions, systematized advantages and disadvantages of methods developed by scientists, substantiated the need to introduce diagnostic indicators to improve the quality and efficiency of analytical information for making informed management decisions. The paper offers to conduct an analysis of economic security, using indicators of intensity and productivity of labor, which consider the specifics of activities of universities in comparison with other organizations of the public sector.
Conclusions. Currently, there is no unified approach to the analysis of economic security of universities. The conducted critical assessment of methodology may form a basis for further development of ideas and methodological guidelines on the analysis of economic security, and informed and effective management decisions.

Keywords: economic security, higher educational institution, internal financial control, economic analysis, factor of economic security


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Vol. 20, Iss. 12
December 2021