ASPECTS OF DEVELOPMENT AND IMPLEMENTATION OF FINANCIAL STRATEGY OF HIGHER EDUCATIONAL INSTITUTION

The need of adaptation of Ukrainian higher educational institutions to difficult conditions of economy reforming caused the activization of interest in development strategies creation for higher educational institutions as implementation of tactical actions in difficult market conditions is almost impossible without identification of prospects and future tendencies of higher educational institutions' development. It confirms the relevance of the chosen research subject.The research of aspects of development and implementation of financial strategy of higher educational institution is carried out in the work. In particular, the role and place of higher educational institution financial strategy in the general strategy of its development are allocated. The risks of implementation of higher educational institution financial strategy are assessed.The role and place of higher educational institution financial strategy in the general strategy of its development were allocated. In particular, the financial strategy of higher educational institution development must be the part of the general strategy of higher education system development and should satisfy the following requirements: management decentralization; diversification of higher educational institution activity; existence of an ultimate goal, uniform for all higher educational institutions; development of international and national financial markets. The assessment of risks of implementation of higher educational institution financial strategy showed that most of them is in critical and precritical condition. Only not feasibility of higher educational institution financial strategy has normal safety level.The given results will allow improving researches at preliminary stage of implementation the financial strategy of higher educational institution development that, in turn, will give the opportunity to increase the level of its economic safety.