Rankings in Students’ decision-making process in Poland – implications for university management
Vol. 13, No 3, 2020
Łukasz Sułkowski
Faculty of Management and Social Communication, Jagiellonian University, Poland lukasz.sulkowski@uj.edu.pl ORCID 0000-0002-1248-2743 |
Rankings in Students’ decision-making process in Poland – implications for university management |
Bogdan Gregor
Faculty of Management, University of Lodz, Poland bogdan.gregor@uni.lodz.pl ORCID 0000-0003-1681-2073 Dominika Kaczorowska – Spychalska
Faculty of Management, University of Lodz, Poland dominika.spychalska@uni.lodz.pl ORCID 0000-0002-2566-0297
|
Abstract. Universities become increasingly complex and varied market players. Commercialization of education market changes their current position while forcing to redefine the orientation from traditional academic values towards business models. Building a market advantage enforces the necessity to undertake actions that are directed at consumer-related values. It is the consumer who, on the one hand, becomes a key stakeholder of activities performed by universities, and on the other one, a partner. As a result, university transforms in an ecosystem of mutual multidimensional relations between its employees and students. It evolves while seeking subsequent factors of success and unique values. Its position in rankings becomes a reflection of the effectiveness of undertaken strategies and actions determining future decisions of its consumers – students. The paper is of empirical-theoretical nature and its aim is to identify the role of rankings in students’ decision-making processes with a particular focus on the conditions for managerial processes implemented by universities. The discussion is based on the relevant literature and the empirical studies’ results. |
Received: January, 2020 1st Revision: April, 2020 Accepted: August, 2020 |
|
DOI: 10.14254/2071-8330.2020/13-3/19
|
|
JEL Classification: I23, D91, C44 |
Keywords: higher education management, university rankings, consumers, decision-making process |