Budgets and Financial Management in Higher Education

Budgets and Financial Management in Higher Education

Budgets and Financial Management in Higher Education

Budgets and Financial Management in Higher Education

Synopsis

In today′s challenging economic climate, college and university administrators need reliable financial advice for helping their institutions thrive. Thoroughly revised and updated, this book is designed to help new administrators understand and become more proficient in their financial management role within the institution. Written in an accessible style, so that the book′s guidance is immediately useful, the book is grounded in the latest knowledge and filled with illustrative examples from across all types of institutions. This is an ideal resource for courses in graduate programs in higher education leadership and administration.

Excerpt

Most administrators in institutions of higher education carry responsibility for budget management. It may be only one of many parts of their responsibilities but it is critical to their success. Individuals charged with budget responsibility, however, often do not have training or experience in managing this important function. Assumptions are often made that because a person is experienced in program development, teaching, or research that they are familiar with the basic principles of budgeting and financial management. This is not necessarily true, and this volume has been written to fill part of that gap in knowledge and experience.

The target audiences for the volume include managers in a variety of roles within higher education, including director, dean, vice president, department chair, coordinator, and program director. Graduate students studying higher education administration at both the master’s and doctoral level will also find this version of the book to be useful. This volume is intended for those with limited exposure to higher education budgets and fiscal management. Written in plain language, it is intended for readers who do not have a strong background in matters financial.

This text is based on a successful 2002 monograph, The JosseyBass Academic Administrator’s Guide to Budgets and Financial Management. the original monograph was focused on helping those new to budget responsibilities in academic affairs understand the . . .

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