• Karan Oberoi
• Swati Sharma
• Nitin Kumar

Education is Nation strength. The success of education institutions is determined by accomplishment of mission. To impart quality education &training to the students & efficiency depends upon effective utilization of funds. Finance is lifeblood in field of education system. Finance is very essential to smooth running of the education institutions. No University or college whether big or small can be started & exist without an adequate finance for long span of time. The study provides literature discussion on India education sector, procurement & effective utilization of funds in education sector. I considered the perspective of seeking to ensure that funds were adequate available & allocated in manner that may best facilitate the achievements of objectives. Although there have been lot of challenges to higher education system of India but equally have a lot of opportunities to overcome these challenges.

Education, Finance, Challenges, Opportunities, Funds

"Role of Financial Management In Higher Education: Challenges & Opportunities", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 4, page no.e527-e534, April-2022, Available :http://www.jetir.org/papers/JETIR2204471.pdf

"Role of Financial Management In Higher Education: Challenges & Opportunities", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 4, page no. ppe527-e534, April-2022, Available at : http://www.jetir.org/papers/JETIR2204471.pdf