Collaborative Finance: Understanding the Financial Roles of Teachers, Master Teachers, and School Heads

Authors

  • Donnamae Faith Franco Valdez Teacher, Department of Education, Davao del Sur State College, Digos City, Philippines

Abstract

This research investigates the unique but related financial roles of Teachers I–III, Master Teachers, and School Heads in public schools, highlighting the significance of teamwork in attaining successful financial management. Through thematic analysis, the research uncovers six main themes: comprehension of roles in financial management, degrees of accountability and financial participation, essential financial management competencies, difficulties in overseeing school finances, approaches to tackle financial difficulties, and insights on financial management. Teachers I–III act as resource managers, aiding in financial planning and engaging in fundraising efforts, although they do not hold direct budgeting responsibilities. Among the leadership duties of master teachers are budget involvement, financial spending planning, and financial literacy peer mentoring. The financial responsibilities of school principals are the most significant and include procuring outside funds, following financial regulations, and strategic planning. Every role faces challenges involving limited funding, transparency issues, and the need to maintain a balance between financial limitations and educational objectives, regardless of differences in scope and power. Strategies to address these issues involve utilizing resources, developing professional skills, encouraging financial literacy, and actively involving stakeholders. The results confirm that joint financial decision-making, openness, and skill enhancement at all educational tiers are crucial for sustaining a financially viable and educationally nurturing school atmosphere.

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Published

29-05-2025

Issue

Section

Articles

How to Cite

[1]
D. F. F. Valdez, “Collaborative Finance: Understanding the Financial Roles of Teachers, Master Teachers, and School Heads”, IJRESM, vol. 8, no. 5, pp. 194–198, May 2025, Accessed: Jul. 01, 2025. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/3280