A Comparative Study of Financial Management Among Public and Private Schools: The Case of Tambaza and Barbro Johansson Secondary School in Dar es Salaam Region.

Mtuweta, Celina G. (2020) A Comparative Study of Financial Management Among Public and Private Schools: The Case of Tambaza and Barbro Johansson Secondary School in Dar es Salaam Region. Masters thesis, The Open University of Tanzania.

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Abstract

The study was made to make comparison on fund management among public and private schools. The study had three main specific objectives; to compare availability of fund, to compare accountability on fund usage and to compare the contribution of fund usage among the public and private secondary schools. The exploratory research design was used with a population estimated to 1356 including parents, employees and board members were used. The sample size of 60 respondents was selected using systematic random sampling for parents and simple random for the rest. The main tools for data collection were interview and documentary review. The study found that the availability of fund differs between public and private schools. Public secondary schools were funded mostly by the government while the private secondary were funded by the parents or guardians. Likewise there were slight differences on the accountability on fund usage among the selected schools, where the fund was mostly used for school’s infrastructures, stationeries and for private paying for employees’ salaries. There were a lot of contributions for both public and private secondary schools brought by the effective fund management. The study found that there were more seriousness, openness, decisions and creativity on fund management among the private schools compared to public secondary schools. The study concluded that fund available differ categories of schools. Also there were slight differences on the accountability on fund usage and a lot of contributions brought by the effective fund management. The study suggested that fund available should be made timely. There is a need to remove the slight differences on the accountability on fund usage. Lastly, there is also a need to focus on contributions brought by the effective fund management to increase schools’ development.

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