Development of strategic directions for education reforms in Kazakhstan for 2015-2020

Abstract

Over the last years the Ministry of Education and Science of the Republic of Kazakhstan has started to apply new approaches to higher education funding. The attempt to try and implement new funding mechanisms is based on the fact that Kazakhstan departed from the principle of “funding to all” to the principle of “funding to everybody”. The coverage of the student’s tuition fees rather than funding an academic institution has become part of the common practice. The financial mechanism of higher educational institutions is based on the multichannel system of financing. In these conditions not only the sufficiency of financial resources but also the optimum combination of various sources of financing, their influence, both on the development of a higher educational institution and the quality of specialists training is important. To increase the level of its competitiveness a higher educational institution has to adhere to an efficient strategy of development, optimum financial policy and actual management in the implementation of own activity...