The examination of basic economic principles and school finance including sources of income and expenditure, budget preparation, accounting services, and common financial reports are studied. Federal, state and local public school financing are taught, as well as state aid, the fiscal operations of school management, development, and fund raising. Principles and issues pertaining to school facilities, security and safety issues, and the use of space are studied and discussed. The survey of laws and court decisions affecting education and school operations from the viewpoint of the school principal and the school district are reviewed. Selected principles of constitutional, statutory, case and common law affecting schools and school personnel with special reference to Ohio school law are studied.
Contract law is reviewed as it applies to nonpublic schools.
The importance of applying laws and procedures fairly, wisely, and considerately is emphasized. An opportunity to study an area of interest in depth. Approval of the program director is required. The knowledge, skills, attitudes and values of the educational administration program are synthesized. Covey's Seven Habits of Highly Effective People are studied in detail as a paradigm or model for personal and professional leadership.