EDUC 6261 WU Structure of A Higher Education Institution Discussion

Question Description

I’m working on a education & teaching project and need support to help me study.

Part 2: Assess the Financial Management Structure of an Institution of Higher Education

This week’s assignment is the second part of a three-part Assignment that focuses on analyzing the financial system of an institution of higher education: “Sample University.” This week you learned about the financial management structure and roles in a college or university. You will apply what you learned to this week’s Assignment.

Complete “Part 2: Assess the Financial Management Structure of an Institution of Higher Education” in the Word template “Analyze the Financial System of an Institution of Higher Education” which you downloaded and saved last week. Save the document when you have completed this week’s assignment. You will submit the Assignment, with all three parts completed, in Week 3.

You will need to download the following document for Part 1 of this Assignment: Financial Statements: Sample University.

Assignment length: Approximately 2 pages

Required Readings

Barr, M. J., & McClellan, G. S. (2018). Budgets and financial management in higher education (3rd ed.). San Francisco, CA: Jossey-Bass.

Chapter 1, “The Fiscal Context of American Higher Education”
Focus on the role of managers across the spectrum of administrative units, academic departments, and institutional types.

Gow, P. (2009). Vital signs. Independent School, 68(4), 54–60.

http://ezp.waldenulibrary.org/login?url=https://se…
Focus on the indicators which determine the financial state of an institution and the steps needed to maintain its financial health.

Scarborough, S. (2009, April) The case for decentralized financial management. Business Officer. Retrieved from https://web.archive.org/web/20161226165904/https:/…
Focus on the benefits and disadvantages of centralized vs. decentralized management systems.

Required Media

“Determining Financial Health” Larry Goldstein and John Palmucci discuss variables that determine and reflect on the financial health of an institution and a department.
Focus on what those variables are at both the micro level of the department and the macro level of the institution.

Optional Resources

Heath, R. (1993). Responsibility center budgeting: A review and commentary on the concept and the process. Journal of the Association for Communication Administration (JACA), (1), 1–10.
Note: Retrieved from the Walden Library using the ERIC database.

Krawitz, N. (2003). Responsibility-centered budgeting. American Council on Education Online Resource Center. Retrieved from http://www2.acenet.edu/resources/chairs/docs/Krawitz_Responsible_Budget.pdf

Trakman, L. (2008). Modelling university governance. Higher Education Quarterly, 62(1/2), 63–83.
Note: Retrieved from the Walden Library using the Education Research Complete database.

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