Strategies for Financial Resilience and Resource Optimization

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Author(s): Jyoti Rani (Lovely Professional University, India), Ramratan Guru (Mody University of Science and Technology, India), Sakthivel Santhanam (Presidency University, India)and Madhuri Singh (Symbiosis University of Applied Sciences, India)
Copyright: 2026
Pages: 36
Source title: Financial Survival in Higher Education
Source Author(s)/Editor(s): Shalin Hai-Jew (Sedgwick County, USA)
DOI: 10.4018/979-8-3373-0407-6.ch003

Keywords: Accounting & Finance / Business & Management / Higher Education / Information Science Reference

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Abstract

Higher education is undergoing a profound transformation as institutions face financial constraints, shifting student preferences, and the long-term effects of the SARS-CoV-2 pandemic. With declining enrollments and rising operational costs, universities must adopt innovative strategies to ensure sustainability while maintaining academic excellence. This book explores key themes—locations, materials, scavenging, and frugality—to highlight how institutions can optimize resources, repurpose infrastructure, and embrace digital learning. By utilizing sustainable materials, minimizing waste, and fostering partnerships with local industries and communities, institutions can reduce costs and remain viable. Additionally, strategic financial planning and alternative education models can help universities navigate economic uncertainties. With insights from experts, this work presents practical approaches to re-imagining higher education, ensuring its continued relevance in a rapidly evolving landscape while upholding its commitment to students and society.

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Strategies for Financial Resilience and Resource Optimization

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