Management planning is a body of concepts and techniques designed to facilitate the analytical and forecasting processes within a department, to increase the decision-making prerogatives of the department director within predetermined guidelines, and to encourage and reinforce communication both among the departments and between the departments…

The business officer can contribute most to the managing of educational resources and can best provide input to the academic world by performing four tasks. The first task is assessing the general financial setting of the world and the country in which the institution exists. Secondly, in assessing and describing the economics of the institution…

Cost analysis for internal management of higher education institutions is of interest because of the steady state of higher education, concern over management practices, and the expectation that higher education institutions should be more responsive to social planning and public policy concerns and objectives. The nature of the institutions that…

Academic planning in higher education is strongly influenced by business management theories and practices. The author questions the usefulness of this approach because the nature of higher education differs from the nature of a profit-making business. However, rational planning to achieve efficiency is relevant if efficiency is not confined to…

Ohio Wesleyan University has demonstrated that a small private college can apply cost accounting to instructional activities. For more than six years, Ohio Wesleyan has calculated the unit cost of instruction per student and per credit until for each individual course section as well as the average unit costs for each academic discipline. Only…