Study On The Building Of Financial Risk Evaluation Index System About Public Colleges In China

Public universities refers to the institutions that created by national government orlocal government funding. The main responsibilities of the institution are personneltraining, scientific research and social service. Universities pay for the important task ofthe higher education, the development of universities is related with the national overallquality enhancement and the construction of our country. In order to speed up thedevelopment of higher education, broadening the student scale of school recruitmentand improving the universal cultural quality is the urgent needs of the moderninstitutions of higher learning education.Universities financial risk mainly includes debt risk, investment risk and financialmanagement risk.In order to expand the scale of higher education, the extraordinarydevelopment of universities give rise to massive debt problems, and the school-runenterprise management problems as well as the school funding operation of financialissues makes universities and universities are faced with the financial situation morecomplicated."Higher education reform and development outline" puts forward the goalof higher education system reform to build the government macroscopic managementand let universities run independently while facing the society. As a goal, there is aprofound change in professional Settings, basic construction, institutions of higherlearning enrollment plan, the teaching process, logistics service, the personnel system,financial management and so on various aspects.In funds raising, using and otheraspects, universities have certain autonomy, it also makes the financial management inuniversities face new risks.In reality, The school tie do not consider the actual situationof their school when they decide building more new campus and adding more teachingfacilities. blind investment to the financial position of the school caused great burden; Innumerous channels of financing, bank loans is undoubtedly the first choice of thequickest way, the nature of the institutions of higher learning that government supportmakes banks willing to lend money to universities and universities, a large number ofbank loans increased the repayment pressure of universities, even there is phenomenonthat universities are unable to repay the interest; At the same time, some universities anduniversities also invest business, but there are always problems of unclear commonproperty right of college-run industry, unclear responsibilities between universities,national funds for universities and universities not used for school-run enterprise funds,so the college-run enterprises are also facing problems of lack of funds, lack of long-term planning and the core competitiveness, these are all problems our institutionsof higher learning in China need to faced with. Therefore, we need to analyze thefinancial risks of institutions of higher learning effectively, research the financial riskevaluation index system of institutions of higher learning and conduct risk assessmentbased on that index system. There will be far-reaching practical significance.According to its own characteristics in public universities, this article organizesrelated data through in-depth, investigate and analysis financial risk index ofuniversities and universities. We reference to revelation and experiences ofpredecessors’ research in order to structure the evaluation index system of financial risksof institutions of higher learning that applicable to universities in our country. Paperfirst investigated through theoretical analysis, financial risk and financial risk inuniversities and universities, in turn, on the basis of investigation and study analysis, thefinancial risk of the universities and universities can be divided into debt risk,investment risk and financial management risk.And financial management risk can bebroken down into financial imbalances risk and other financial management risks.Therefore, in this paper, based on the principle of Importance, select the16financialindexes to establish financial risk evaluation system, and use AHP to calculate all theinfluence degree of the financial index to the whole financial risk situation. universitiescan use this way to make a comprehensive analysis of the degree of financial risk thatthey faced with to take timely preventive measures.Specifically article can be divided into the following four parts:The first part is the introduction of the theory of financial risks of institutions ofhigher learning. Article starts with the related theories on financial risk,then introducestheory of financial risks of institutions of public universities to form the generalunderstanding of financial risk in universities. Secondly introduces the realitydifferences of public universities financial risk and the enterprise financial risk, insummarizes financial risks in universities, we form the importance of establishingevaluation index evaluation system of university financial risk.The second part introduces the principles and the specific requirements ofconstructing evaluation index system of financial risks of institutions of publicuniversities. A topic of research need to clear the research goal and methods, this part isto set up the difference in the construction of evaluation index system of theenterprise,based on that we construct evaluation index system building is suitable forthe college to lay the foundation of index system. The third part is the content of the evaluation index system of financial risks ofpublic universities. This part is the result of the second part, in view of the operatingcharacteristics of the universities to construct evaluation index system of financial riskof universities and universities.The fourth part introduces how to use evaluation index system to evaluate publicuniversities financial risk. This part is the application of the evaluation index system.We first introduce the evaluation method which called the analytic hierarchy process.This method makes it possible to accurately evaluate the financial risk level. Finally, weanalyze the evaluation of financial risks of public universities.The fifth part is conclusion and prospect. Article draws conclusion from theconstruction of index system and evaluation process and points out defects anddeficiencies when constructing index system and evaluation risk level.