Organization

Organizing Paper

MGT330

December 19, 2011

Organizing Paper

As any other business, colleges and universities sm alone or large ar in the business of selling education, and as business they strike functional departmentalization, not only for the purposes of being organize unless also under federal regulations, separation of duties is required and assign when participating under the federal plans. Under business functions, departments be specialized and grouped by the expertise they required: production, marketing, benevolent resources, research and development, finance, accounting, technology and others. This paper will discuss and assess three of the nerveal resources that apply to private for profit College or universities financial aid and business role organization: financial management system of rules, knowledge and technology.

Private for profit colleges or universities are normally own and managed by private organizations or corporations, and in that location is those that are owned by one or two private business individuals. But just them all could not conduct business so they must bring forth and established the departments needed for each function of the college.



Business office or Financial Aid department is one of the closely important departments within a college that is responsible for the financial management part of the business. A college or university financial management system must provide operational control over the debt instrument for all federal financial aid programs. This procedures deal with the organization and control to identify and record transactions. College and universities organize and manage their operations differently. Some of the factors are the size of the school, organizational structure, staffing, automation, and federal program participation. Although business office and financial aid office are two different departments that deal with the financials part of the college, they still deport to function differently. Within the financial aid department there is a financial aid director who is responsible for overseeing all the federal...

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