Impact of Capital Expenditures on Academic Excellence and Institutional Growth in NIRF-Ranked Universities
DOI:
https://doi.org/10.70112/ajist-2024.14.2.4225Keywords:
Capital Investments, Library Enhancements, Faculty Development, Sponsored Projects, Strategic Resource AllocationAbstract
This investigation explores the influence of capital investments on library enhancements, faculty development, and sponsored projects at a top-ranked NIRF university. Despite varied expenditures, some universities exhibited unexpected performance outcomes. Strategies for improving performance are suggested, with an emphasis on the significance of research investment for enhancing overall rankings. The study highlights the impact of capital investments on academic excellence and institutional advancement, advocating for strategic resource allocation to ensure sustained growth and success. Data on annual capital expenditures for the library, seminar and workshop expenses, total faculty count, and sponsored project amounts from 2016 to 2019 were gathered from the NIRF website (https://www.nirfindia.org). The findings underscore the significant impact of capital investments on library enhancements, faculty development, and sponsored projects within a top-ranked university. These results highlight the importance of strategic resource allocation in fostering academic excellence and innovation. Moving forward, administrators should consider these insights when planning future investments to ensure continued growth and success.
References
Ghani, M., Kaur, R., & Waseem, M. (2022). Bibliometric analysis ofglobal research trends on higher education internationalization using Scopus database: Towards sustainability of higher education institutions. Sustainability, 14(14), 8810. https://doi.org/10.3390/su14148810
Ishfaq, A. P., Sheikh, A., & Baquee, A. (2022). Awareness, use, andattitudes of the Indian higher educational institutions’ students about scholarly open access: An empirical analysis. Library Management, 43(6), 476-491. https://doi.org/10.1108/LM-12-2021-0107
Kumar, A., Joshi, S., & Mondal, D. (2019). Impact of NIRF onresearch publications: A study on top 20 (ranked) Indian universities. COLLNET Journal of Scientometrics and Information Management, 13(2), 219-229. https://doi.org/10.1080/09737766.2020.1741194
Elliott, A., & Urquiola, M. (2020). A research-based ranking of public policy schools. Scientometrics, 125, 499-531. https://doi.org/10.1007/s11192-020-03625
Guo, C., Hao, X., & Wu, J. (2023). The effect of national higher education initiatives on university rankings. Humanities and Social Sciences Communications, 10(1), 527. https://doi.org/10.1057/s41599-023-02034-w
Hazelkorn, E. (2015). Rankings and the reshaping of higher education: The battle for world-class excellence. Palgrave Macmillan.
Ioannidis, J. P. A., Patsopoulos, N. A., & Kavvoura, F. K. (2007). International ranking systems for universities and institutions: A critical appraisal. BMC Medicine, 5(30), 33-42. https://doi.org/10.1186/1741-7015-5-30
Joorel, J. P., Kumar, A., & Choudhary, R. (2021). Five years of India rankings 2016-2020: An evolutionary study. DESIDOC Journal of Library & Information Technology, 41(1), 42-48. https://doi.org/10.14429/djlit.41.1.16671
Kumar, A., Gupta, M., & Mondal, D. (2021). NIRF India rankings 2020: Analyzing the ranking parameters and score of top 100 universities. DESIDOC Journal of Library & Information Technology, 41(5), 385-390. https://doi.org/10.14429/djlit.41.5.16452
Vijayakumar, M., Kumar, H. T., & Trivedi, M. (2018). A study onresearch trends in central universities of India. In 5th International Symposium on Emerging Trends and Technologies in Libraries and Information Services (ETTLIS), 297-304. https://doi.org/10.1109/ETTLIS.2018.8488339
Peris-Ortiz, M., García-Hurtado, D., & Román, A. P. (2023).Measuring knowledge exploration and exploitation in universities and the relationship with global ranking indicators. European Research on Management and Business Economics, 29(2), 100212. https://doi.org/10.1016/j.iedeen.2022.100212
Ministry of Education, National Institutional Ranking Framework. (2015). Department of Higher Education, Ministry of Human Resource Development (MHRD), New Delhi.
Mondal, D., & Kar, D. C. (2021). Ranking of universities: A study for last four years of top 25 Indian universities. Indian Journal of Information Sources and Services, 11(2), 31–44. https://doi.org/10.51983/ijiss-2021.11.2.2959
Mondal, D., & Kar, D. C. (2021). Impact of NIRF performance of research and professional practice parameter on the top 25 Indian universities: A study. International Journal of Information Studies & Libraries, 6(2), 21–33.
Mondal, D. (2022). Teaching, learning & resources of top 25 Indian universities: A study for the last four years based on NIRF. Research Explorer, 10(34), 7–21. https://iaraindia.com/research-explorer/research-explorer-previous-issues/
Mondal, D., & Kar, D. C. (2022). Impact of NIRF ranking on performances of sub-parameters: A study of five universities in West Bengal. Education India: A Quarterly Refereed Journal of Dialogueson Education, 11(4), 1–11. http://www.educationindiajournal.org
Mondal, D. (2022). Research performance analysis of top six highe reducation institutes (HEIs) in West Bengal based on NIRF-2021 ranking: An evaluative study. Journal of Library and Information Science, 47(1&2), 53–64. https://dlis.du.ac.in/?JLIS/About-JLIS&normal
Mondal, D., & Kar, D. C. (2023). Research performance analysis of selected NIRF-2021 ranked universities: A study. Education India: A Quarterly Refereed Journal of Dialogues on Education, 12(1), 1–12. http://www.educationindiajournal.org
Mondal, D. (2024). Research performance analysis of five key parameters of top 20 Indian universities: An evaluation. Journal of Data Science, Informetrics, and Citation Studies, 3(2). https://jcitation.org/index.php/jdscics
Mukherjee, B. (2019). Ranking Indian universities through research and professional practices of the National Institutional Ranking Framework (NIRF): A case study of selected central universities in India. Journal of Indian Library Association, 52(4), 78-95.
Sheeja, N. K., Mathew, K., Susan, & Cherukodan, S. (2018). Impact of scholarly output on university ranking. Global Knowledge, Memory and Communication, 67(3), 154-165. https://doi.org/10.1108/GKMC-11-2017-0087
Nassa, et al., (2021). Five years of India rankings (NIRF) and its impact on performance parameters of engineering institutions in India Pt. 2: Research and professional practices. DESIDOC Journal of Library &Information Technology, 41(2), 116-129. https://doi.org/10.14429/ djlit.41.2.16674
Ministry of Education, National Institutional Ranking Framework.(2015). Retrieved April 20, 2021, from https://www.nirfindia.org/2020/Ranking2020.html
Pavel, A.-P. (2015). Global university rankings: A comparative analysis. Procedia Economics and Finance, 26, 54-63. https://doi.org/10.1016/S2212-5671(15)00838-2
Reddy, K. S. (2015). Higher education, high-impact research, and university rankings: A case of India. MPRA. https://mpra.ub.uni-muenchen.de/63658/
Reddy, K. S., Xie, E., & Tang, Q. (2016). Higher education, high-impact research, and world university rankings: A case of India and comparison with China. Pacific Science Review B: Humanities and Social Sciences, 2(1), 1-21. https://doi.org/10.1016/j.psrb.2016.09.004
Sivakumaren, K. S. (2017). Contributions of publications of Indian Institute of Management in ranking institutions in National Institutional Ranking Framework: A study. Journal of Library & Information Science, 7(2), 43-58.
Sivakumaren, K. S. (2018). Comparative study of Indian academic institutions in top NIRF rankings. International Journal of Scientific Research and Review, 7(10). https://digitalcommons.unl.edu/libphilprac/2553
Verma, M. K., & Brahma, K. (2017). Ranking of National Institutes of Technology (NITs) in the northeast vicinity of India based on net effect aspect. COLLET Journal of Scientometrics and Information Management, 11(2), 235-248. https://doi.org/10.1080/09737766.2017. 1292667
Vernon, M. M., Balas, E. A., & Momani, S. (2018). Are university rankings useful to improve research? A systematic review. PLOS ONE, 13(3), e0193762. https://doi.org/10.1371/journal.pone.0193762
Kumar, V. B., Preedip, & Balaji, M. (2021). Correlates of the national ranking of higher education institutions and funding of academic libraries: An empirical analysis. The Journal of Academic Librarianship, 47(1), 132-141. https://doi.org/10.1016/j.acalib.2020.102264
Walia, P. K., & Gupta, M. (2012). Web impact factor of select national libraries’ websites. DESIDOC Journal of Library & Information Technology, 32(4), 347-352. https://publications.drdo.gov.in/ojs/index.php/djlit/article/view/2530/1310
Yeravdekar, V. R., & Tiwari, G. (2014). Procedia - Social and Behavioral Sciences, 157, 63-83.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Centre for Research and Innovation
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.