Budgeting & Financial Management for Tertiary Education Managers
7-8 May, 2012, Sydney
UNSW CBD Campus, level 6, 1 O'Connell Street, Sydney
Given the growing uncertainty of funding in the tertiary sector, leading and managing within a tertiary education context brings particular challenges and requires a unique understanding of how organisations operate and the financial systems which support their activities.This program provides an opportunity for those responsible for managing financial resources to enhance their understanding of financial systems, tools and processes, and optimise their use in improved management and strategic planning.
Tailored to the tertiary education environment and utilising a series of related case studies, the program sessions will relate back to participants’ individual situations and responsibilities. Participants will leave with a greater understanding of how various financial decisions impact on departments, faculties and the organisation. Put simply, this course is a finance course for non-finance people.
Who should attend?
Designed for administrative, academic, and senior staff with budget and/or resource management responsibilities, including those who wish to be able to communicate more effectively with their financial specialists.
Delivery mode
Two day non-residential program.
Location
UNSW CBD Campus
Level 6, 1 O'Connell Street.
Program fee
$1,800 ($1,980 incl. GST).
Please note that the program fee does not include accommodation.
Program content
This program will explore:
- current funding issues in the tertiary sector
- the impact of uncertainty of domestic and international student enrolments on funding
- key revenue and cost drivers in the education sector
- the interaction between strategy and finance
- cost allocation methods
- how fixed and variable costs considerations help to cope with uncertainty
- different budgetary techniques
- key financial performance indicators for this sector
- alternative capital budgeting techniques
- performance reporting systems: linking finance with strategy
- understanding financial statements
Learning outcomes
Upon completing this program, participants will understand:
- the role of financial functions in the education sector
- how to enhance their revenues
- how to allocate and control costs
- the development of relevant financial indicators
- how to determine the financial feasibility of academic programs
- the importance and relevance of annual reports
Download the 2012 program (pdf).
Program facilitator
Professor Zoltan Matolcsy is with the School of Accounting, University of Technology, Sydney. Zoltan teaches primarily at the postgraduate level, specialising in empirical research in the areas of accounting for managerial decisions, capital markets and contracting theory.
Before his academic career, Zoltan was Chief Investment Analyst at the Australian Stock Exchange. He has undertaken consulting assignments for a wide range of firms, from large public companies to small privately owned entities, government business enterprises and public instrumentalities.
Testimonials
'[Zoltan was a] highly knowledgeable and engaging presenter – very candid and provided some high quality/thought provoking concepts.' (2011 participant)
‘Fantastic opportunity to share ideas and compare financial mechanisms across universities.’ (2010 participant)
‘Excellent facilitator, great examples and very interesting debates around the greater tertiary issues.’ (2010 participant)
‘Great workshop – highly informative and eye opening for those with/out finance background.’ (2010 participant)
Enquiries & more information
Participant program schedule forthcoming. Please direct enquiries about this program to
Anita Wong: +61 3 8344 0906.
Registration
Click on the 'Register' button or download and complete the registration form (pdf).
Return completed form via
E-mail: martin-institute@unimelb.edu.au
Fax: +61-3-9347 8922
Post: LH Martin Institute, Level 1, 715 Swanston Street, University of Melbourne, VIC 3010.
