Improvement of The Economic Management System of Higher Educational Institutions

Abstract

Higher education systems globally are increasingly embracing autonomy and digital transformation to enhance institutional efficiency and transparency. In Uzbekistan, recent reforms have focused on providing financial independence to higher educational institutions, guided by strategic policy documents such as Decree No. PF-5847 and Resolution No. PQ-61. Despite the expansion of digital infrastructure and the introduction of ERP, HEMIS, and CRM systems, there is limited understanding of their effective integration and the preparedness of personnel managing these tools within Uzbek higher education. This study aims to analyze the current state of economic management in higher education institutions in Uzbekistan, assess the implementation of modern financial planning technologies, and propose data-driven recommendations for system improvement. The findings show a rapid expansion of the higher education system and partial success in digital integration. However, challenges persist in personnel training, technological standardization, and cybersecurity. While innovations such as blockchain and differentiated scholarships show promise, unequal digital capacity among institutions remains a barrier. The study presents a comprehensive evaluation combining national policy analysis and international comparisons, highlighting the interplay between institutional autonomy, digitalization, and financial transparency in the context of Uzbekistan. The research suggests that sustained reforms in financial management, targeted training programs, and supportive digital infrastructure are critical for achieving a competitive and inclusive higher education system. Transparent reporting and student-oriented financial mechanisms will further strengthen trust and performance in the sector.