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Home > Society and Social Sciences > Education Books > Educational administration and organization > Funding of education and student finance > Managing Financial Resources
Managing Financial Resources

Managing Financial Resources


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About the Book

A practical guide (from both departmental and central perspectives) to the management of financial resources in institutions of higher education. Following a review of the impact of a changing external environment, a three stage approach to the allocation of resources is outlined, namely: understanding sources of income, application of strategic considerations, and distribution to departments and faculties. Concepts of devolution and formula-based systems of allocation are considered in the context of the culture and structure of institutions, their impact on staff and the way in which institution and individual behaviour patterns are affected. A concluding chapter summarizes themes relating to the management of change and highlights managerial implications.

Table of Contents:
Introduction
Environmental context
Institutional issues
The allocation process
understanding the income
The allocation process
strategic and institutional considerations
The allocation process
the distribution process
Monitoring
Departmental perspective
Consolidation
Bibliography
Index.


About the Author :
Harold Thomas is an education consultant working in the UK and internationally on issues of policy advice and capacity building. He was previously a senior university administrator with responibilities in the areas of academic administration, strategic planning and financial management. His PhD is in the field of resource allocation.

Review :
"...a most useful reference manual even to those with hands on experience of managing financial resources who need a reminder or an alternative approach to their practice.

Thomas and his co-authors cover a wealth of issues in a relatively short but valuable contribution to a library of higher education publications, notably short on financial management.

The book deserves the attention of all academics and administrators, wether experienced or new to strategic management and financial planning, who will find it a good read, and subsequently, a valuable reference for the topic. If you do not have a copy by now, go out and buy now." - Richard Mawditt


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Product Details
  • ISBN-13: 9780335204441
  • Publisher: Open University Press
  • Publisher Imprint: Open University Press
  • Height: 215 mm
  • Returnable: N
  • Weight: 268 gr
  • ISBN-10: 0335204449
  • Publisher Date: 16 Nov 2001
  • Binding: Paperback
  • Language: English
  • Spine Width: 15 mm
  • Width: 135 mm


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