A bursar is a financial officer in a college or university, responsible for the institution's business affairs. The bursar is typically responsible for tuition billing and payments, student loans, and campus purchasing.
Bursar job duties include:
- Managing and disbursing student financial aid funds
- Processing and issuing student refunds
- Maintaining student account records
- Coordinating billing and payment plans
- Collecting tuition and fees
- Reconciling accounts
- Preparing financial reports
- Supervising office staff
- Managing endowments and other investments
Bursar Job Requirements
Most bursars have a bachelor's degree in accounting, business administration, or finance. Some institutions require bursars to be certified public accountants (CPAs). Many bursars have several years of experience working in accounting or finance.
Bursar Skills
- Budgeting
- Finance
- Accounting
- Auditing
- Taxation
- Cost control
- Asset management
- Risk management
- Compliance
- Financial analysis
- Investment
Related: Top Bursar Skills: Definition and Examples
How to become a Bursar
A bursar is a professional who manages the financial affairs of an educational institution. In order to become a bursar, one must have a strong background in accounting and finance. Additionally, bursars must be able to effectively communicate with administrators, faculty, and staff. They must also be able to handle sensitive information with discretion.
Those interested in becoming a bursar should first earn a bachelor's degree in accounting or a related field. It is also beneficial to obtain certification from the National Association of College and University Business Officers (NACUBO). After obtaining the necessary education and experience, individuals can then apply for open bursar positions at colleges and universities.
Related: Bursar Resume Example