Gestão financeira de curto prazo em instituições comunitárias de ensino superior do Rio Grande do Sul.

Abstract

With the reduction of students resulting from macroeconomic conditions and the restriction of the offer of student financing programs, the Communitarian Institutions of Higher Education has made efforts to maintain its economic and financial balance. Hoping to provide elements that contribute to the management of this Institutions, this study had as objective to identify the way how Communitarian Institutions of Higher Education members of the Consortium of the Gaucho Communitarian Universities make their short-term financial management in the face of the new scenery in higher education. To achieve the proposed objectives, semi-structured interviews were carried out with nine financial managers of this Institutions. A multiple case study was carried out, being configured in a qualitative research, of descriptive and exploratory character. The data were treated by the technique of content analysis and divided into six dimensions: financial planning, management of working capital, institutional management policies, defaults, financing for students and institutional situation. As main results, it was verified that the group studied is composed of highly complex Institutions, which results from the particularities of this type of organization, with financial planning with high detail of information, whose difficulties result from the academic profile of its managers. About the working capital management, it has been observed that it occurs carefully, with precision and security in financial processes. The Institutions studied are characterized as borrowers of resources in the financial Market, with high dependence on banks, especially public banks. In some cases, it was observed the preponderance of political aspects to the detriment of financial aspects in the decisions taken, which is attributed to the communitarian character and of prioritization of academic quality. It was verified a low default rate and high influence of the FIES on the economic and financial situation, even in institutions with low income commitment with the Program, and all of them faced difficulties with the restrictions of access to financing and, the most committed, experienced significant development, despite the difficulties.