The study aimed at finding the impacts of secondary school principals financial
management competency on the institutional development. All male and female
principals of secondary and higher secondary schools of Khyber Pakhtunkhwa were the
population of the study and among them a sample of 200 head teachers including 100
male (40 urban & 60 rural) and 100 females (40 urban & 60 rural) from two conveniently
selected districts were selected. Two research instruments; one questionnaire for
Principals and a checklist was developed. The data were analyzed through frequencies,
percentages, mean and standard deviation and t-test. Major findings of the study were;
majority of the Principals were competent in planning, organizing, and controlling
financial matters of their schools except in the tasks of fund raising, and internal audit.
Urban Principals were better in planning than rural Principals. It is recommended that
rural Principals may be provided training especially about planning financial matters
1-M. Anees-ul-Husnain Shah Assistant Professor, Department of Education, University of Education DG Khan Campus, Punjab, Pakistan. 2-Asghar Ali Assistant Professor, Faculty of Education, University of Malakand, Chakdara, KP, Pakistan. 3-M. Adnan Maqbool PhD Scholar, Department of I.E.R, University of the Punjab, Lahore, Pakistan.
Financial Management Competencies, School Principals & Institutional Development