Management Efficiency of Budgeting: Evidence from Public Universities in Vietnam

Keywords: Monetary Policy, Cash Reserve Ratio, Profitability.


Budgeting is an important tool helping managers in planning and controlling during the operation of universities. Budgeting plays a vital role in controlling budgeting activities in the short-term and provides appropriate implementation plans to achieve strategic objectives. This study aims to evaluate the management effectiveness of budgeting activities in Vietnamese public universities. Data was collected from 53 public universities in Vietnam through questionnaire. After collecting, the data is cleansed and analyzed on SPSS software by tools such as: Frequency statistics, price statistics, average, comparing. The research results showed that: (1) The application of budgeting is comprehensive; that includes income and expenditure budget, enrollment budget, and teaching budget; (2) Monitoring and evaluation of budgeting activities are strictly implemented, (3) The main budgeting method is preparing general budgets for the entire university, and the other method is preparing budgets for each department (4) The main method of evaluating budgeting is comparing variances while variance analysis and finding underlying causes were not applied. This study proposes solutions to improve the process, content and quality of budgeting, thereby contributing to improving management efficiency in public universities in Vietnam.

JEL Classification: M10, M40, M41.


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How to Cite
LE, O. T. T., & Nguyen, N. T. (2020). Management Efficiency of Budgeting: Evidence from Public Universities in Vietnam. International Journal of Accounting & Finance Review, 5(1), 105-115.
Research Paper/Theoretical Paper/Review Paper/Short Communication Paper