ED 746 - Financial Management Concepts for School Administrators

3 Credit(s)

This course examines resource allocation, including ways of setting financial priorities, selecting appropriate budget strategies, and determining the needs of the school for personnel, administrative and supportive staff, and school plant. The course also investigates methods for evaluating the effectiveness of resource allocation in achieving institutional goals and meeting academic needs, not only at the school level but also at the level of individual programs. Students are responsible for the completion of model budget projects in which they apply accounting concepts and selected accounting procedures to solve problems related to revenue management under several resource scenarios.