FINANCE MANAGEMENT OF UN-AIDED PRIVATE SCHOOLS

N. Pradhan and Tomba Singh Thokchom

No 2014-09-12, Working papers from Voice of Research

Abstract: This paper is focused on finance management of un-aided private schools of Manipur. The objectives of study are process of budgeting, problems of during and after budgeting, sources and problems of sources of finance, and possible ways to overcome these problems. Survey method is adopted in this study. The population of the study is constituted of 193 un-aided private schools of Manipur. Fifteen schools have selected by using random sampling technique for the study. The data were collected by using a questionnaire developed by the researcher. The main findings of the study are almost all the un-aided private schools of Manipur have faced financial problems; schools do not consult any expert person for preparing school financial budget, mostly trustee members and principals are involved in school financial budget; school’s financial files, cash memo and received of any expenditure are unsystematically arranged in school. However, schools must manage financial condition and must provide quality education to students. Improper finance management in school is going to affect quality education in un-aided private schools of Manipur. Key words: Process of Budgeting, Finance management, un-aided private schools.

Date: 2014-09
New Economics Papers: this item is included in nep-edu and nep-ure
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