Strategic Financial Decision Making in School Educational Management

Equip yourself with the knowledge to make informed financial decisions that support educational goals. This course focuses on budgeting, financial planning, and resource allocation strategies essential for sustaining and advancing educational institutions.

R295

Course Information

Course Overview:

Duration: 2 – 3 Hours or Self Paced
Publisher: LearnHUB, Powered by Regent Business School
Certification: A Certificate of Completion will be issued to all candidates who successfully complete the requirements of the programme.

Learning Outcomes:

By completing this course, you will be able to:

Gain foundational knowledge of basic financial principles and their application in an educational context, including funding sources, budgeting, and financial reporting.
Develop skills to create, manage, and monitor budgets that align with the strategic goals of the school, and apply techniques for effective resource allocation to optimise educational outcomes while maintaining financial sustainability.
Understand and use financial planning techniques to control costs, improve operational efficiency, and identify opportunities for reducing unnecessary expenses without compromising educational quality.
Identify financial risks, develop strategies to mitigate them, and recognise various sources of funds, including government grants, school fees, donations, and fundraising, while exploring strategies to diversify and increase revenue streams.
Comprehend legal requirements and regulations related to school finance, display awareness of ethical considerations in financial decision-making, and understand the consequences of financial mismanagement to develop strategies for addressing financial challenges.