Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal

A research dissertation submitted in partial fulfillment of the requirements for the award of the degree of Master of Business Administration in Corporate Management (MBA-CM) of Mzumbe University Dar es Salaam Campus College

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Main Author: Ngondya, Lusekelo John
Format: Thesis
Language:English
Published: Mzumbe University 2024
Subjects:
Online Access:https://scholar.mzumbe.ac.tz/handle/123456789/1390
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author Ngondya, Lusekelo John
author_facet Ngondya, Lusekelo John
author_sort Ngondya, Lusekelo John
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description A research dissertation submitted in partial fulfillment of the requirements for the award of the degree of Master of Business Administration in Corporate Management (MBA-CM) of Mzumbe University Dar es Salaam Campus College
format Thesis
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institution Mzumbe University
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publishDate 2024
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spelling oai:null:123456789-13902024-10-07T06:46:46Z Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal Ngondya, Lusekelo John Private schools Financial management Kinondoni municipal council A research dissertation submitted in partial fulfillment of the requirements for the award of the degree of Master of Business Administration in Corporate Management (MBA-CM) of Mzumbe University Dar es Salaam Campus College This study presents the assessment of the factors affecting financial management in private schools particularly in Kinondoni municipal. Specifically, the study assesses the financial management and performance of private schools; examine the financial management practices in private schools; and examine challenges facing financial management in private schools. Data for this research was collected using structured questionnaires, primary data, secondary data, observation and interview. The research also used qualitative and quantitative methods of data analysis. Notably, this study use 51 respondents as sample size It was identified that Private schools faces factors affecting financial management as follows; staff resistance, Management commitment and system complexity and capacity of the schools. However, most of the respondents decided that financial management and performance of private schools are good. Notably, challenges facing financial management in private schools are poor level of bursar’s computer literacy, Poor level of computer facilities and Minimum involvement of accounts staff i.e. bursars. The Study depict that, financial management key areas are policy dealing with financial controls with proper implementation and monitoring efforts in place; adequate bonding of employees who handle money; complete and up-to-date accounting records. Moreover, Private schools bursar managers must assess risks and develop financial control procedures that address these risks in a cost effective manner. Also, management of the private schools should put in place modern financial management control systems especially adoption of computer related packages to ensure they are able to plan properly and avoid financial surprises. Private 2024-10-07T06:46:42Z 2024-10-07T06:46:42Z 2013 Thesis APA https://scholar.mzumbe.ac.tz/handle/123456789/1390 en application/pdf Mzumbe University
spellingShingle Private schools
Financial management
Kinondoni municipal council
Ngondya, Lusekelo John
Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title_full Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title_fullStr Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title_full_unstemmed Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title_short Factors affecting financial management in private schools in Dar es Salaam: A case of Kinondoni municipal
title_sort factors affecting financial management in private schools in dar es salaam a case of kinondoni municipal
topic Private schools
Financial management
Kinondoni municipal council
url https://scholar.mzumbe.ac.tz/handle/123456789/1390
work_keys_str_mv AT ngondyalusekelojohn factorsaffectingfinancialmanagementinprivateschoolsindaressalaamacaseofkinondonimunicipal