What will be financed tomorrow, and how, depends largely on what expectations society and policy makers have of universities. What competing visions of the future for the sector are out there, in light of enhanced competition from other types of providers or academic and professional paths?

In the past decade, university funding has seen near constant reform activity. Narratives have evolved, new instruments have been introduced. Overall, the funding landscape has grown more and more complex, echoing the diversification of the missions and activities of universities.

Higher education faces new demands and priorities, but in parallel, the horizon has changed. Universities must both act upon and contribute to global transformation processes such as the green and digital transitions. They also strategically experiment with new forms of international collaboration, while operating in an increasingly unstable geopolitical environment. European university alliances are one of the most prominent examples of such developments. These trends affect all dimensions of university funding: by whom? For what? How? And how much?

How can funding adapt to the evolving needs, priorities and perceptions of higher education? Is innovation in funding possible? How can European university alliances become sustainable in the long term? What implications do changes in the funding landscape have on governance and leadership? What is the capacity of universities themselves to think ahead and develop financial strategies? Which investment priorities are needed to future-proof activities? 

The 2024 EUA Funding Forum aims to reinject some ‘sense and sustainability’ into this discussion and outline possible future paths for university finances.

 

Welcome to the European University Association (EUA) Funding Forum, hosted by the University of Helsinki!

We are proud to extend a warm welcome to this significant event, which brings together European universities and finance experts to discuss and share insights on matters related to university funding. The University of Helsinki is committed to advancing high-level research and higher education, and collaboration, at the European level, and we are excited to serve as the host for this valuable forum.

The current situation regarding appreciation for research and education in Europe varies from country to country and region to region, but here are some general observations:

Many European countries emphasise the importance of research as a driver of innovation and economic growth. Several European countries are working to improve the accessibility and quality of education. While research and education are central, funding for them may be challenging in many European countries due to economic pressures. Some European countries are experiencing polarization between the scientific community and the public. European countries are increasingly seeking to enhance international collaboration in research and education.

Overall, appreciation for research and education in Europe is often high, but it is influenced by many factors such as political decisions, economic resources, and societal attitudes. Continued commitment to supporting and developing these areas is crucial for Europe's future.

EUA’s Funding Forum provides a unique opportunity for networking, sharing best practices, and engaging in in-depth discussions on the challenges and opportunities in university funding. We hope that this forum will inspire and empower you to discover new perspectives and solutions for advancing university funding in Europe.

We extend our sincere gratitude to EUA for their collaboration in organising this event, and we wish all participants fruitful discussions and a successful forum. Welcome to the University of Helsinki! 

Professor Sari Lindblom, Rector

 

© Veikko Somerpuro