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School business managers supervise the financial finances of colleges. Their duty is to draw up the school's budget. They seek to guarantee the productivity of available services while defining the required resources and prioritizing expenditures. They also explore opportunities to reduce business expenses as much as possible. School business managers are interested in the procurement and the billing for facilities from vendors and others as well.
School business managers' responsibilities also include duties on human resources. They are also in charge of hiring staff for vacant positions. When individuals are contracted, the contract process is tracked and bids are accepted. They also oversee the execution of school policy by ensuring that all policies are upheld. If the school leases, the school business manager manages these leases and will also find funds for school tuition.
School business managers must at least have a bachelor's degree that has a focus on subjects like accounting or public administration. It is important for this role to have good math skills to be able to build a budget. It is also advantageous to have good analytical skills to identify areas in which spending can be reduced.
Avg. Salary $62,224
Avg. Salary $59,228
Growth rate 5%
Growth rate 0.3%
American Indian and Alaska Native 0.70%
Asian 4.35%
Black or African American 11.12%
Hispanic or Latino 14.19%
Unknown 4.00%
White 65.64%
Genderfemale 57.08%
male 42.92%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is very high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| K-12 | 15.08% |
| Professional Development | 12.69% |
| Payroll | 11.34% |
| Financial Reports | 8.26% |
| Public Schools | 7.50% |
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The average school business manager salary in the United States is $62,224 per year or $30 per hour. School business manager salaries range between $43,000 and $88,000 per year.
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