*Department of Finance, School of Mathematics and Actuarial Science, Jaramogi Oginga Odinga University of Science and Technology, P. O. Box 210-40601, Bondo, Kenya
**School of Mathematics and Actuarial Science, Jaramogi Oginga Odinga University of Science and Technology, P. O. Box 210-40601, Bondo, Kenya
***Department of Management Science, Maseno University, P. O. Box 333, Maseno, Kenya
Online published on 29 November, 2014.
This paper presents the role of Income Generating Activities (IGAs) on the performance of human resource and physical development of Maseno University (MU). The study will form a basic source of reference to the stakeholders who are interested in the private financing of universities. It adopted descriptive exploratory correlation and cross sectional survey research design. The study targeted a population of fifty one departments of the university where census sampling technique was used to select the sample frame. Results from the study show that IGAs had made a major role in the performance of the human resource and physical development of the university. However, it was found that among other drawbacks, the progress of running IGAs has been hampered by inadequate funds for further expansion, lack of qualified personnel, lack of awareness of the presence of IGAs and lack of full support from the top management
