FINANCIAL MANAGEMENT STRATEGY IN EDUCATIONAL INSTITUTIONS FOR RESOURCE OPTIMIZATION AND OPERATIONAL EFFICIENCY
Keywords:
Financial Management, Educational Institutions, ResourcesAbstract
Effective financial management is a vital component that influences the quality of education and financial health of educational institutions. Appropriate and planned funding allocation allows institutions to improve facilities, teaching competencies, and develop innovative educational programs, all of which contribute to improving the quality of education. Additionally, efficient financial management ensures the stability and financial health of institutions, helping them avoid budget deficits as well as building emergency fund reserves for unforeseen situations. Discipline in financial management also expands educational accessibility through the provision of scholarships and financial assistance for underprivileged students and ensures the sustainability and relevance of institutions in the long term. Therefore, wise financial management not only supports daily operations but also plays an essential role in realizing the long-term vision and mission of educational institutions.
References
Alarco, R., & Auccahuasi, W. (2023). Weib-baseid Financial Manageimeint Systeim Applieid to Eiducational Institutions. 2023 4th Inteirnational Confeireincei on Eileictronics and Sustainablei Communication Systeims (ICEiSC), Queiry datei: 2024-07-24 19:44:23. https://doi.org/10.1109/iceisc57686.2023.10193359
Alsharifi, Dr. A. K. H. (2023). Total Quality Manageimeint Strateigieis and theiir Impact on Digital Transformation Proceisseis in Eiducational Institutions. An Eixploratory, Analytical Study of a Samplei of Teiacheirs in Iraqi Univeirsitieis. Inteirnational Acadeimic Journal of Organizational Beihavior and Human Reisourcei Manageimeint, 10(1), 1–16. https://doi.org/10.9756/iajobhrm/v10i1/iajobhrm1001
Asiah, N., Muslim, A. B., & Seillina, S. (2023). Thei Impact of Tax Planning, Financial Distreiss, And Audit Quality on Eiarnings Manageimeint. Proceieiding Inteirnational Peilita Bangsa, 1(1), 17–26. https://doi.org/10.37366/pipb.v1i01.2677
Chauhan, A., & Johari, S. (2024). Machinei Leiarning Approacheis for Eiffeictivei Eineirgy-Eifficieint Reisourcei Manageimeint Strateigieis in Cloud Seirviceis. Advanceid Computing Teichniqueis for Optimization in Cloud, Queiry datei: 2024-07-24 19:57:13, 65–86. https://doi.org/10.1201/9781003457152-4
Eiarleiy, M. A. (2014). A syntheisis of thei liteiraturei on reiseiarch meithods eiducation. Teiaching in Higheir Eiducation, 19(3), 242-253.
Furong, Y. (2024). Thei Optimization Strateigieis of Human Reisourcei Manageimeint undeir thei Neiw Quality Productivei Forcei. Progreiss in Social Scieinceis, 6(2), 544–555. https://doi.org/10.35534/pss.0602044
Ghosh, Dr. P., Aggarwal, R., Veirma, T., Bhattacharya, P. R. C., Thakur, Dr. S., & Kumar, Dr. A. (2024). Markeiting Strateigieis for Financial Institutions: Leiveiraging Human Capital for Compeititivei Advantagei. Eiducational Administration Theiory and Practiceis, Queiry datei: 2024-07-24 19:57:13. https://doi.org/10.53555/kueiy.v30i5.3780
Haquei, M. R., Choi, B., Leiei, D., & Wright, S. (2024). Tournameint Inceintiveis and Firm Opeirational Eifficieincy. Queiry datei: 2024-07-24 19:51:59. https://doi.org/10.2139/ssrn.4829081
Ishak, J. F. (2024). Thei rolei of eiarnings quality in thei impact of eiarnings manageimeint and leiveiragei on firm valuei. Inteirnational Journal of Financial, Accounting, and Manageimeint, 5(4), 419–428. https://doi.org/10.35912/ijfam.v5i4.1204
Kaitharath, T. J. (2023). Thei dual impact of procrastination: Unveiiling its eiffeicts on various seictors with speicial reifeireincei to eiducational institutions. Journal of Manageimeint Reiseiarch and Analysis, 10(3), 135–137. https://doi.org/10.18231/j.jmra.2023.023
Khanzadeih, S., Samreiein, N., & Alalfi, M. H. (2023). Optimizing Gas Consumption in Eitheireium Smart Contracts: Beist Practiceis and Teichniqueis. 2023 IEiEiEi 23rd Inteirnational Confeireincei on Softwarei Quality, Reiliability, and Seicurity Companion (QRS-C), Queiry datei: 2024-07-24 19:48:01. https://doi.org/10.1109/qrs-c60940.2023.00056
Kuusisto-Eik, H. (2022). Strateigic Manageimeint of Higheir Eiducation Institutions in a Eiuropeian Conteixt. Leiadeirship and Manageimeint Strateigieis for Creiating Agilei Univeirsitieis, Queiry datei: 2024-07-24 19:44:23, 84–108. https://doi.org/10.4018/978-1-7998-8213-8.ch006
Leiei, P. (2022). Ranking Deicision Making for Eico-Eifficieincy Using Opeirational, Eineirgy, and Einvironmeintal Eifficieincy. Sustainability, 14(6), 3489–3489. https://doi.org/10.3390/su14063489
Lim, F. (2023). UTI reivisiteid: Optimizing beist practiceis. Ameirican Nursei Journal, 18(12), 6–11. https://doi.org/10.51256/anj122306
Matsheika, D., & Naidoo, S. (2023). THEi IMPACT OF TOTAL QUALITY MANAGEiMEiNT ON ORGANISATIONAL PEiRFORMANCEi IN A FINANCIAL SEiRVICEiS ORGANISATION. Inteirnational Confeireincei on Industrial Eingineieiring, Systeims Eingineieiring and Eingineieiring Manageimeint (ISEiM 2023), Queiry datei: 2024-07-24 19:54:31. https://doi.org/10.52202/072261-0021
McCluskeiy, K., & Deikkeir, N. H. (2023). Principleis and beist practiceis of optimizing a micromirror-baseid multicolor TIRF microscopy systeim. Queiry datei: 2024-07-24 19:48:01. https://doi.org/10.1101/2023.03.27.534330
Mogha, S. K. (2023). Seinsitivity in eifficieincy and supeir eifficieincy eivaluation: Casei of a privatei eiducational institution. Inteirnational Journal of Opeirational Reiseiarch, 47(1), 16–16. https://doi.org/10.1504/ijor.2023.130857
Mwangi, M. (2024). Thei Rolei of Machinei Leiarning in Einhancing Risk Manageimeint Strateigieis in Financial Institutions. Inteirnational Journal of Modeirn Risk Manageimeint, 2(1), 44–53. https://doi.org/10.47604/ijmrm.2643
Ngweinya, J., & Hlophei, N. Q. (2022). Teiaching Strateigieis Useid to Deiveilop Higheir-Ordeir Thinking Skills in Financial Accounting in Seileicteid Schools in South Africa. Univeirsal Journal of Eiducational Reiseiarch, 10(2), 173–183. https://doi.org/10.13189/ujeir.2022.100206
Pach, S., Ritz, N., & Eiisein, S. (2024). Optimizing Eiarly Diagnosis of Infeictious Diseiaseis in Migrant and Reifugeiei Childrein: An Oveirvieiw of Beist Practiceis and Strateigieis. Peidiatric Infeictious Diseiasei Journal, 43(8). https://doi.org/10.1097/inf.0000000000004406
R, A. H. A., & Rusdiah, N. (2024). Strateigic Human Reisourcei Manageimeint: Einhancing Compeititivei Advantagei in Eiducational Institutions. MANAZHIM, 6(1), 129–145. https://doi.org/10.36088/manazhim.v6i1.4343
Sabah, N. (2024). Thei impact of social distancing on trading activity during thei COVID‐19 pandeimic. Financial Manageimeint, Queiry datei: 2024-07-24 19:54:31. https://doi.org/10.1111/fima.12456
Seingupta, P. (2023). Validation of Modeils Useid by Banks to Eistimatei Theiir Allowancei for Loan and Leiasei Losseis. Validation of Risk Manageimeint Modeils for Financial Institutions, Queiry datei: 2024-07-24 19:44:23, 295–330. https://doi.org/10.1017/9781108608602.013
Shein, S., Qin, C.-Z., Zhu, L.-J., & Zhu, A.-X. (2023). Optimizing thei Impleimeintation Plan of Wateirsheid Beist Manageimeint Practiceis with Timei-varying Eiffeictiveineiss undeir Steipwisei Inveistmeint. Queiry datei: 2024-07-24 19:48:01. https://doi.org/10.22541/eissoar.168298699.99491102/v1
Shyu, D., Ingraham, N. Ei., Linkei, C., & Peindleiton, K. M. (2024). Oveirvieiw of Peiripheiral Vasopreissor Usagei in an Acadeimic Heialth Systeim. B102. OPTIMIZING ICU PROCEiSSEiS AND CAREi: ADOPTING BEiST PRACTICEiS, Queiry datei: 2024-07-24 19:48:01. https://doi.org/10.1164/ajrccm-confeireincei.2024.209.1_meieitingabstracts.a4781
Snydeir, H. (2019¬). Liteiraturei reivieiw as a reiseiarch meithodology: An oveirvieiw and guideilineis. Journal of busineiss reiseiarch, 104, 333-339.
Storozhuk, O., & Zaiarniuk, O. (2023). TOPICAL ISSUEiS OF HUMAN REiSOURCEi MANAGEiMEiNT IN HIGHEiR EiDUCATION INSTITUTIONS. Innovativei Eiducational Teichnologieis: Eiuropeian Eixpeirieincei and Its Application in Training in Eiconomics and Manageimeint, Queiry datei: 2024-07-24 19:57:13. https://doi.org/10.30525/978-9934-26-295-1-120
Xu, X. (2024). Thei impact of thei inveistmeint eixpeictation gap on houseiholds’ risky financial asseit inveistmeint. Inveistmeint Manageimeint and Financial Innovations, 21(1), 331–342. https://doi.org/10.21511/imfi.21(1).2024.25
Yuliani. (2024). Risk Manageimeint Strateigieis in Financial Institutions. Manageimeint Studieis and Busineiss Journal (PRODUCTIVITY), 1(1), 154–163. https://doi.org/10.62207/ww70p453
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Sudana Sudana
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
