ABSTRACTFunding be it of a private or public initiative has always been a topical and a sensitive issue for higher education academics, governments, other academics and non-academics, international organisations, donors and the local society. This is because it is like an indispensable resource to pilot the affairs of any institution especially an academic institution. University funding is always not enough. It could be because of misappropriation , undefined objectives or insufficiency. It could also be because of misdirected priorities or too many things to be done with too little amount of money, as well as because of the assumption that it is handled by resounding academics who are assumed to have the ability to justify the budget in their favour. It is imperative for a country to cautiously choose its funding models.All in all, University funding needs so much attention because it is the backbone of the institution. That is, finances are vital for a good working environment for the staff and the students, the funds can also serve in the acquisition of infrastructure, in the payment of teaching and non-teaching staff, and in the provision of didactic material like books, computers and equipping the laboratories. Without which it will not adequately meet its needs and fulfil its mission to the nation and to the international community since its human resource product are not bound to live and/or work only within the confines of the nation. This work sets out to investigate the theory and practice of funding models in Cameroon and how the management and administration of academic planning and programming of primary processes are affected by the funding models which are applied in the Cameroonian context. The qualitative research strategy has been used in the investigations. A dual method of data collection was used mainly the use of appropriate documents and the open-ended semi-structured interviews with some University of Buea teaching/administrative staff. The findings were that suitable funding models which are institutionally friendly and societally convenient are not properly adopted in Cameroon in order to enhance the smooth management of administrative and academic processes, programming, planning. With this done, the level of joblessness will be curbed and health will be improved. Cameroonian Higher Education Institutions will be local, regional and global players in the Higher Education domain. They will contribute to the global research, technology, economy, politics and vital international affairs.