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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Innovation in Financial Management of Professional Education under the Background of Industry-academic Integration

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DOI: 10.25236/ssehr.2024.014

Author(s)

Chen Jing, Ma Jing, Sha Qijuan

Corresponding Author

Chen Jing

Abstract

This article aims to explore the innovative strategies of financial management of professional education under the background of the industry-academic integration, so as to cope with the new challenges and opportunities brought by the deep industry-academic integration. By analyzing the influence of the industry-academic integration on the financial management of professional education, this article points out the existing problems and challenges. Then, it puts forward specific innovation strategies from four aspects: innovating financial management concepts, perfecting financial management models, strengthening financial management methods and technologies, and constructing financial management guarantee system. These innovative strategies help professional education institutions to better adapt to the new requirements of the industry-academic integration, improve the efficiency and accuracy of financial management, and enhance market competitiveness and social service capabilities. By implementing these strategies, professional education institutions can better allocate and utilize educational resources, reduce educational costs and improve educational quality. In this way, it can provide strong financial support for cultivating more high-quality technical and technical talents that meet the market demand.

Keywords

Industry-academic integration; Professional education; Financial management; Innovation strategy