Cost Analysis And Financial Resource Management

Course Description

This course discusses the basics of financial management and, in particular, the principles and practices of accounting, school finances and sources of school funds as well as school budgeting and how to draw up a plan for securing and expending the resources. School managers need to have some knowledge and experience of designing and managing a budget and how to mobilize financial resources. The course proposes a basic framework and mechanisms of financial management.

Course Objective

The overall objective is to prepare an educational administrator who do not only understands but as well can conduct an analysis of costs and is able to take appropriate cost-sensitive decisions.

Course Learning Outcomes

By the end of the course unit students should demonstrate ability to:

• Explain the concepts of financial resource management.
• Discuss the knowledge and skills of financial resource planning and control.
• Describe the basic principles and practices of financial resource management and accounting.
• Describe skills of budgeting and budgetary control.

·         Explain the basic knowledge of projects and skills of projects management