Course Description

This course is a four and half (4.5) credit unit course in a study of Corporate Ethics, Materials & Financial Management in Education including the introduction of the definitions of key terms: corporate ethics, materials procurement, and financial management in education and the issues associated with these. The module deals with the management of school finance and assets as corporate business. It will include basic principles of accounting including double-entry, bookkeeping, trial balance and financial statements, petty cash system and bank reconciliation. It will include the concept of public funds and accountability procedures in educational institutions. The role of the Ministry in the management of school funds, the role of the SDC and the finance committee in the management of school funds, the responsibility of the school head in the management of school funds and assets, budgeting systems and budget control systems, procurement systems and procedures, asset disposal systems and reconciliations.

 

Course Organization and Approach

Corporate Ethics, Materials & Financial Management in Education (MELM 621) uses a blended learning approach (an approach to learning that combines face-to-face and online learning experiences). It is participatory, learner-centered, and adult education approach in nature.  This approach recognizes that YOU are responsible for your own learning.  The instructor can only provide opportunities to learn, but cannot force you to learn.  Course material is presented in substantive readings from the text; topical readings from the reader; lecture; and class discussions.  You are expected to work hard in this course; for every hour of class time, you should spend at least two to three hours outside of class preparing by doing readings, assignments, studying for quizzes and exams, and thinking about the course material.

You are expected to take responsibility for the success of the course, that is, you should take an active interest not just in the course material, but in the course itself, making it a success for all participants.  Factors such as interest, motivation, creativity, and initiative are important elements in evaluating your performance in the course and assigning a grade.