Article Review

Source What was the Problem? What did they do to find out / What was their Recommendation/
/Purpose/ Objective their methodology finding/the result Suggestion they gave
Shinae Choi,  To meet college student  This study examined  found financial  The findings of this
Clinton G. needs for financial these issues with a problems in various study suggest that basic
Gudmunson counseling sample of 554 college situations were financial education
, Timothy S.  To fill a gap in assessing students who each linked to services such as
Griesdorn, the financial situations participated in financial increased financial budgeting and
and Gong- that college students counseling stress controlling credit card
Soog Hong report when they  The intake survey was  Financial stress was use can be helpful to
present themselves for designed to inform the positively students in managing
Assessing financial counseling and financial counselor about associated with their financial resources
College to understand the the client’s financial having student  the considerations that
Student sociodemographic situation, financial stress loans and other we suggest should
Needs for characteristics that may level, and forms of debt and involve future research,
Comprehen predict these situations sociodemographic was higher for assist those who create
sive and the extent to which background, reasons for female students policies, and make
Financial financial situations are seeking counseling, and lower for those funding financial
Counseling related to financial counseling preferences, having investments counseling services a
stress and availability for priority
[Volume 27, scheduling an
Number 16, appointment
2016]  Most of the clients who
made an appointment for
financial counseling
through the clinic
website were single
(76.9%), and most were
White (81.6%).
Participants’ age ranged
between 18 and 58 years,
with most (84.3%)
between ages 18 and 25
years. The sample
included more female
(58.3%) than male
(41.7%). In terms of
employment, 73.8% were
currently working,
whereas 26.2% reported
that they were not
working
 Article Review

Source What was the Problem? What did they do to find out / What was their Recommendation/
/Purpose/ Objective their methodology finding/the result Suggestion they gave
Ana  To examine the  Applying a multistage  The two-stage  Based on the financial
Uspuriene, optimization problem of cost stochastic linear model has 31 situation different
Leonidas university financial optimization method, variables and 18 financial instruments
Sakalauskas, flows taking into account the restrictions. can be used
Valerijonas possibilities offered by  The four-stage  A four-stage model
Dumskis the universities after model has 57 renders more flexibility
becoming public entities variables and 34 in the management of
Financial  We use the following restrictions. financial tools
Resource financial instruments for  Up to 10 scenarios
Allocation in satisfying financial needs in each stage can be
Higher of education: a line of generated
Education credit, factoring,  The four-step
stretching of accounts model renders
[Volume 16, payable, term loan, and more possibilities in
Number 2, securities choosing the
June 2017]  The four-stage financial financial
flow management model instruments and
has been created allows a greater
flexibility in the
management of
financial flows
 Article Review

Source What was the Problem? What did they do to find out / What was their Recommendation/
/Purpose/ Objective their methodology finding/the result Suggestion they gave
Norfariza Mohd  Findings on the  Qualitative method has  The stakeholders  To ensure successful
Radzi, essential strategies been chosen as a means are welcome to school-based financial
Muhammad required at the school to answer the research bring financial management reform in
Faizal A. Ghani, site and the relevant question due to its nature support to school the Malaysian public
Saedah Siraj, people responsible which allows the in the form of schools, all stakeholders
Mojgan Afshari ) for the effective researcher to get at the donations, should work
implementation of inner experience of the parents’ collaboratively through
Financial school-based participants and to contributions and meaningful roles
Decentralization financial discover something so on without  The administrative tasks
in Malaysian management in rather than to test interrupting the performed by the
Schools: Malaysia variables (Corbin & administrative school financial
Strategies for Strauss, 2008) work performed committee, parents
Effective  Dukes (1984) has by the school through Parent-Teacher
Implementation suggested 3 to 10 financial Associations, alumni,
subjects in the committee non-government
[Volume 1, phenomenology study to selected with the organizations and the
Issues 3] reach a satisfactory level principals’ surrounding society
of information (Creswell, approval have to assist school in
2007)  All of the improving their
 This study has selected 10 principals agreed financial position thus
principals from those that the current facilitating the school
schools in Malaysia formation of the overall development
granted with autonomy school finance
and who meet the committee is good
enough to manage
 specific following the financial
characteristics resources
 The questions in the effectively
interview protocol also
have been examined by
two experts in school
finance and qualitative
study