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Abstract

The purpose of this article is to provide insight into education systems of developing countries and models of their functioning.The article looks at the balance of business universities in different aspects and angles.The article finds that the approach that combines different alternative functioning models will make business universities more strategically sustainable.While there has been a lot of societal and political attention paid to privatize public universities and/or put more control on private universities, attentions paid to the alternative models making them more competitive (effective at a reasonable cost) are nearly invisible.