About this Financial Management Course

In our experience, effective financial management is one of the critical capacities that make organizations more likely to achieve their missions and adhere to their organizations’ and funders’ policies and regulations. Adopting and mastering the use of a few simple financial-management tools and practices can help your team utilize resources more efficiently, build greater trust with your donors and, ultimately, have greater impact.

We created this course for anyone who would like to use project funds more effectively, whether or not the term “financial management” is in their job description. This four-module course introduces tools and processes you can adopt immediately. You will learn how to construct a project budget, analyze your project expenditures, and communicate about project finances across your team.

COURSE TOPICS

• Module 1: Introduction to Managing Project Finances
  Explain the importance of strong financial management
• Module 2: Developing a Project Budget
  Calculate expected expenses
• Module 3: Tracking Expenditures
  Track expenditures against your project budget.
• Module 4: Developing and Using Pipelines and Burn Rates
  Make decisions about your project budget

Who should take this course?

This course introduces basic concepts and tools for managing the finances of a project. If you work on and are responsible for obtaining or using project funds, you will find this course useful.

Certification

Philanthropy University is a non-degree, diploma or credit granting initiative. Philanthropy U, Inc. is the concept developer and sponsor of the initiative. Learners are not entitled to earn college or other academic credit.

To earn a Certificate of Achievement for this course, you need to earn more than 50% of possible points on quizzes and assignments to obtain a passing grade. Quizzes are worth 15% of your total score, while assignments are worth 85%.