👉 In accounting and finance, a "bursar" is typically a person responsible for managing and overseeing the financial operations of a school or organization. The term "bursar" comes from Latin and means "cashier," which was initially used to represent the role of an individual who handled cash transactions in a business setting.
Typically, bursars are involved in a variety of roles within schools and organizations, including:
1.
Accounting
: They manage the financial records of a school
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What is the definition of Bursars? 🙋
What is the definition of Bursarship? 🙋
👉 Bursarship is a professional role in universities, colleges, and other educational institutions where the responsibility of managing financial resources for students' studies is delegated. This involves overseeing the budgeting process, ensuring that funds are used effectively to support student education and research activities. The term "bursar" typically refers to someone who manages the university's financial affairs, including the administration of scholarships, grants, loans, and other forms of financial aid. Bursars may also work on fundraising efforts or
