TITLE:
Measuring the Lost Income of the University
AUTHORS:
Ankhbayar Chuluunbaatar, Amarbayasgalan Myagmar-Ochir
KEYWORDS:
Lost Income, ROE, Change of Income
JOURNAL NAME:
iBusiness,
Vol.15 No.2,
June
9,
2023
ABSTRACT: An expected or budgeted decrease in revenue is referred to as lost
income. For universities to remain financially sustainable and to guarantee the
ongoing provision of high-quality education and research, it is imperative that
they have a thorough understanding of the causes and effects of lost income.
The main reason for lost income, particularly for universities, is the decline
in student enrollment and the state of the economy. In this study, we propose a
methodology to measure the lost income. The methodology examines the financial
report of the National University of Mongolia (NUM) from 2016 to 2022. In the
case of NUM, the percentage of the lost income is 8 percent.