Find Practical Approaches to Many Complex Problems in Fiscal Management Budgets and Financial Management in Higher Education helps new administrators understand and become more proficient in their financial management role within an institution. Grounded in the latest knowledge base and filled with examples from across all types of institutions, it makes for an ideal text for courses in graduate programs in higher education leadership and administration. Specifically, the book: Provides an understanding of the basics of budgeting and fiscal management in higher education Defines the elements of a budget, the budget cycle, and the steps for creating a budget Suggests ways of avoiding common pitfalls and problems of managing budgets Contains effective strategies for dealing with the loss of resources Includes end–of–chapter reflection questions and an expanded glossary of terms Highly accessible for students and practitioners alike, this valuable resource offers solid guidance readers can immediately put to use in their work.