The emerging innovative infrastructure of higher education institutions, the regulatory and methodological framework, effective contracts, new approaches to the training and management of scientific and pedagogical personnel testify to the innovative nature of management in higher education. It is the quality of the human capital of universities that is of decisive importance for the realization of all innovations in the system of higher education. Therefore, the subject of research is a qualitative characteristic of management, which is the effectiveness of human capital management at the university. The goal is to justify the model of effective management of the human capital of the university in accordance with its general direction of development. The methodology of the study includes the justification of several provisions and the argumentation of conclusions based on the use of general scientific and special methods of analysis – dialectical, situational, and using the coevolutionary (system-process) approach. The conducted analysis of the personnel policy of the Saint-Petersburg Mining University and the Saint-Petersburg State University of Aerospace Instrumentation demonstrated the results of effective human capital management, which is confirmed by the statistics. However, the existing problems of an objective evaluation of management effectiveness made it necessary to supplement indicative methods with index methods. The resulting model included index methods for assessing the effectiveness of human capital management. This model is applicable to the assessment of capital investments in the staff of the university, which in turn allows you to assess the effectiveness of human capital management. Thus, the system process for assessing the effectiveness of human capital management in higher education institutions based on the presented model will allow finding problem zones and bottlenecks in the management of their human capital in a timely manner, which will ensure timely management response to problems in the field of human capital.
