Foreign Experience of Management of Higher Educational Institutions Operating on The Basis of Financial Independence

This article provides a comprehensive analysis of the issue of ensuring financial independence in higher education institutions and international experiences in this regard. Using the example of developed countries such as the USA, Great Britain, Germany, Japan and South Korea, the practical mechanism of financial autonomy, management models, its impact on the quality of education, scientific activity and overall competitiveness of universities are studied. The article provides a comparative analysis using analytical tables based on various scientific sources and reports of international organizations. It is noted that the decisive factors for success in introducing financial independence in universities are the legislative framework, human resources, diversified funding sources and an accountability system. It also analyzes the possibilities, needs and risks of implementing these experiences in the conditions of Uzbekistan, and gives specific proposals and recommendations for the formation of a national model.