Lucknow Public College of Professional Studies is committed towards the overall growth and development of the students and for ensuring these institutional strategies are decided to work upon them by making proper implementation on all the decisions on time with full efficiency and effectiveness. This helps in allocating the available funds as per the listing of priorities. These institutional strategies required to be checked periodically for efficient and effective mobilization, allocation & utilization of limited resources.

The college is affiliated with University of Lucknow since 2009, and there by mainly depends on the fees from students for generating the funds for the different kind of expenses of the college and the college builds a positive image in the society by which it is able to generate funds from sponsorships also.

Management of Finance and Investments:

• Management representatives monitor the expenses and collection of funds from the different sources like fees submission and collection of funds for different purpose.
• Accounts department is liable for collecting the invoices and bills from the College Supervisor and recording the daily transactions and maintaining books of accounts of the College.
• Head Office conducts internal verification of books of accounts of college and executes all the necessary work related to auditing and other statutory compliances.

Strategies for mobilization of funds:

The college is financially viable from the inception. This college has a method of managing and mobilizing its financial resources with ultimate transparency.

1. Different departments, committees and individual staff members has to submit the proposals for the events to the college principal which will monitor the need, sanction and execution of such proposals.

 2. The college encourages each section of the institution to find sponsors towards meeting the expenses for organization of events and activities.

 3. Active involvement of Alumni Association is ensured, while organizing any event, activity or outreach program.

4. The principal is expected to study and recommend various ways to channelize funds for the development of the institution.

 6. The new construction and maintenance works are to be sanctioned only after conducting a feasibility study under the guidance of principal.

7. Disaster relief and social outreach programs are being planned by the college on humanitarian grounds.

8. For meritorious students free ships are provided by the college.

9. College also focus on the co-curricular activities for the students and distribute funds for the sports and cultural activities.

10.  Tuition fee is used mainly for the college infrastructure as well as academic activities.

11. As finalized by the Management, the funds are used according to the needs in the different heads as mentioned below:

• Expenditure on maintenance of academic facilities.
• Expenditure on maintenance of physical facilities.
• Expenditure for infrastructure augmentation.
• Expenditure on cultural & social welfare.
• Expenditure on research and innovations.