Essentials of School Business for Non-Business Administrators

Budget Meets Mission

TIAA

This program is presented with generous support from TIAA.

Understanding school finances can inspire resourceful action on the part of all leaders charged with managing their schools. This online course is designed for those administrators who desire to be good stewards of their school’s financial resources, to be strategic in light of financial pressure, and to work more collaboratively with their leadership team around financial issues.

Budgets are a reflection of how the schools resources are allocated to deliver on the mission of the school. How do you fulfill your mission by pulling the appropriate strategic financial levers? Learn how a financial plan can be the byproduct of the strategic thinking of the school, and not the reverse.

In this class, school leaders with limited experienced in financial and business functions will:

  • Learn the most important metrics that determine school financial sustainability
  • Understand financial terminology used in the business office, development, and admissions
  • Experiment with financial levers that impact fiscal stability
  • Interpret financial reports and hone in on important figures to learn how changes impact your school's program, students and other constituents

Questions? Contact Rini Sarmaroy at rini.sarmaroy@nboa.org or call 202-407-7139.

"I was surprised how easy it was to participate online. The class helped me appreciate the many financial factors that are at play in a school and how they impact our work in admissions. It also made me think about the value proposition we offer and how imperative it is that we work hard to understand what is unique about us. In addition, almost as important of being able to offer something people can't get elsewhere, is the way we talk about these benefits consistently across many internal teams- the business office, the development team, the communications office and the admission team."

Jamie Moffett

Jamie Moffett

Secondary School Placement and Upper School, Marin Country Day School

Spring Webinar Series

Webinars

Registration is open for NBOA's Spring Webinar Series. Topics include: investing and governance, school design, price elasticity and gender identity. Reserve your spot today!

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