Indicadores financieros para las instituciones de educación superior particulares. Una propuesta de gestión financiera para el caso ecuatoriano

Abstract

Abstract: In a society in constant change, it is essential for companies to maintain an adequate financial management that allows them to effectively manage the resources they have. Higher education institutions (HEIs) are part of this issue, therefore, it is important to establish financial indicators considering the particularities of the sector, in this way; the institution will be able to know their situation in relation to their counterparts. The study was carried out with information from Ecuador's HEls during 2015. The analysis includes the following groups of indicators: traditional financial indicators, payroll management, research management, student management and sustainable management; it also the figures that compose the proposed indicators correlate. Among the results obtained, the salary expenditure (GN / 1) indicator shows an index for the sector of 62.5%, indicating that HEls invest the majority of their resources in the payroll; on the other hand, the index of publications in high impact journals is 0.08% showing that scientific production is still under development; the per pupil income (IPA) presents a value of 3,225 dollars, which in comparison to the indicator of operational income per student (IOPA) of $ 2,620 denotes that the main source of income of the HEls comes from the collection of enrollments. It is also evident that the profit margin presented by the sector is negative -1.3%, influenced by the loss of eight private universities in 2015.