Financial Management Competence of Selected and Promoted School Heads: A Demographic Comparison

This study intended comparing the financial management competence of selected and promoted school principals (heads). It was quantitative and comparative in nature. The population was principals of government high schools in Upper Punjab. Purposive sampling technique was applied for sampling the size of 213 school heads from district Sahiwal. A selfdeveloped questionnaire comprising 34 items was used to collect data. The reliability of the questionnaire was found to be .82. Data were analyzed using advanced statistics using SPSS. The study established that school heads have awareness planning procedures and implementation processes but school heads are not confident to coordinate with stakeholders in financial matters of school. The significant difference appeared in financial management competence of promoted and selected school heads and males and females school principals. It was recommended that financial management orientation and training may be arranged for school heads of public secondary schools to improve their financial management competence.