Quality coefficientes in financing of tertiary education in the Czech Republic and Slovakia

Educated people are becoming one of the most important priorities for the countries nowadays. It is the educated population that is the main prerequisite, which can ensure economic growth, stability and prosperity of a country. Because universities are considered the top education centers, it is suitable to focus on themselves. Tertiary education is one of the areas which is bound to national budgets of both the Czech Republic and Slovakia. Both countries must solve difficult questions focused on allocation of funds to individual levels of education and the schools themselves. The bachelor thesis focuses on financial system of tertiary education in the two monitored countries and in description of mechanisms, which govern the subsidy policy. At the introduction, the education is set into the context of public finance, where its dimension is perceived as a positive externality. Later it fluently continues to a legislative framework of tertiary education of both countries as one of the factors, which affects the economics of universities with funds. Then an analysis of system of financing the tertiary education is performed, where there are quality coefficientes introduced in the Czech Republic. It consists of partial indexes, therefore the amount of obtained funds from the government for public universities depends on indexes of the coefficient. It is for instance results of development, research and art activities, number of professors and associate professors, or number of employed alumnis. At the conclusion the goals and knowledge coming from the analysis are summarized.