Published Paper Details:

This study compared administrators� fund management strategies in public and private secondary schools in Anambra State. Four research questions and four null hypotheses guided the study. The study adopted a descriptive survey research design. The population for the study constituted a total of 775 administrators which consisted of 258 state public secondary school administrators and 517 administrators for the private secondary schools in the six education zones in Anambra State. Sample for this study constituted 181 public secondary school principals and 362 private secondary school principals determined through the proportionate stratified sampling technique. A questionnaire titled �School Administrators� Fund Management Strategies Questionnaire (SAFMSQ)� were used for data collection. The instrument was validated by three experts and reliability of the questionnaire determined through Cronbach Alpha method. Mean and standard deviation were used to answer the research questions. The hypotheses were tested at an alpha (?) level of 0.05 significance using t-test statistics. Findings of the study indicated among others; that administrators of the private secondary schools employed more fund management strategies in the areas of their financial budgeting strategies, fund allocation strategies and auditing strategies than administrators of the public secondary schools. However, there were significant differences in the aspect of administrators� fund management strategies between the public and private secondary schools in Anambra State in the aforementioned strategies. Based on the findings, recommendations were proffered, among them include that: the administrators of public and private secondary schools should expand their financial budgeting strategies through effective planning for appropriate fund management.