University Education: The Challenges of 21st Century

The article discusses the prospects for the universities development in the modern knowledge society. The main objective of the research is to determine the conditions for the universities transformation from relatively close knowledge-generating structures to the full-fledged constituents of the civil society. To this end, various factors are examined that form the external environment of universities and impact the establishment of their internal context. The research is conducted with the use of comparative analysis method which allows revealing the common and specific features in the development trends of American, European, and Russian universities. The state and market are considered as significant elements of the external environment. It is shown that in the democratic post-industrial society the state traditionally playing a key role in universities development delegates a number of its functions in terms of university management to the civil societies. The substantiation is provided for the necessity to form the universities’ strategy in the market environment as a means for enhancing their competitiveness. The author further shows how such factors as globalization, internationalization and demography change impact the implementation of both the challenging task of establishing world class universities and the objective to implement the principle of equal opportunities in the educational field. Eventually, a number of conditions are defined that will allow making universities and higher education as a whole not only part of innovative economy but also the foundation for sustainable and fair society.