TECHNICAL EFFICIENCY ESTIMATION OF BACHELOR STUDY

The paper deals with the technical efficiency evaluation of the Bachelor study on the Faculty of Economics, VSB Technical University of Ostrava. For the efficiency estimation purposes there were used two approaches optimization modelling of the data envelopment (DEA output-oriented model with variable return to scale) and econometric estimation of the deterministic frontier (DF) function using the corrected ordinary least squares (COLS) method. The data sample included 433 bachelor grade students. Technical efficiency is studied and compared for groups divided by sex and type of the high school from which students come. Results show that the average technical efficiency was higher for DEA models in comparison with the estimation using COLS method. Male bachelor grade students are less efficient in comparison with female students. Secondary grammar school studies allow for gaining slightly higher efficiency in comparison with specialized high schools.