HEAD - 9202 Business and Fiscal Management in Colleges and Universities (3)

Examines the fiscal and economic dimensions of higher education. Topics include: size and scale of higher education and its historical development; appropriations and taxing authority; tuition-setting; gifts, investments and endowment; functional and natural distributions of spending; dilemmas of cost control; capital projects; debt financing and debt capacity; fiscal and compliance audits; and use of financial indices and rations as measures of institutional financial health. Focuses on theoretical backgrounds for leadership and higher education finance and interdisciplinary application of those theoretical backgrounds relative to Illinois and other states. Prerequisite: Graduate student in the Interdisciplinary Leadership Ed.D. Program, Higher Education Concentration.