Strategic Financial Decision Making in School Educational Management | CPD Points: 5 | HE000000171

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Strategic Financial Decision Making in School Educational Management

This programme aims to equip school leaders and administrators with the financial acumen and strategic thinking required to make sound financial decisions that support the educational mission and goals of their institutions.

Duration: 4-5 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.
Take your time and ensure to carefully engage with every aspect of this course, to ensure adequate preparation for the final assessment. A minimum of 80% is required to pass.

Learning Outcomes

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.

Course Content