Finance Explained : strategic financial planning in schools
The 'Finance Explained' course is a whole day workshop, immersing you in the world of school finance.
Starting with an explanation of how the school funding system works, you will learn about the role played by national and local government and by your colleagues locally, and how you can influence the outcome for your school.
Having cut through all the jargon, the workshop will then address management of the school budget and strategic financial planning, including :
- how to bring curriculum decisions and budget planning together
- managing financial risk
- increasing cost-effectiveness and efficiency.
For those who already carry the full responsibility for the school budget, the day will be a refresher that will help give you the security that you are not missing anything.
If you are a member of the school senior leadership team and want to take more responsibility, support the head and business manager and/or develop your skills and experience for your next role, the day will be an eye-opener and all-round awareness session that will be invaluable to you as your school plans next years budget over the coming months.
This course is for:
- Senior Leaders or aspiring leaders of Primary and Secondary Schools.
Susan Fielden has worked in the education sector for over 25 years, supporting schools in managing their finances and developing school finance policy at a local and national level. Susan had a long career in Somerset and, before developing a freelance career working directly with schools, she joined the funding policy team at the DfE to work on the National Funding Formula. She is a passionate believer in the fair allocation of funding and in connecting educational vision with strategic financial planning so that our shared dreams for children and young people can be realised. Her experience of working with schools and academies in financial difficulties means that she understands the difficult choices that Headteachers and governors are facing. She has been a school governor and is the proud mother of three teenagers.
Feedback from teachers on Susan’s course
Many thanks for a very informative day, looking at things from a slightly different perspective. It has been extremely useful.
Fantastic course. Your enthusiasm made it very engaging and informative.
Thank you! I’ll certainly be able to ask the right questions now of Schools Forum. I liked the honesty, practical support and commitment to ensure that financial planning is linked to ‘children’s learning’ and IMPACT.
This was a useful reminder of the funding streams coming into schools, and the strategic issues that underpin school leadership.