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PhilanthropyU Developing an Operating Budget

Course Schedule

Runs from

December 09, 2019

to January 12, 2020

Course Details

  1. Length

    5 weeks
  2. Effort

    1-2 hours per week
  3. Certificate

    Digital
  4. Language

    English
instructor

INSTRUCTORAvkaash

Avkaash is an India-based services and support organization for NGOs and social businesses founded by Ms. Tejas Merh. Avkaash aims to enable organizations to access their optimum potential for generating resources, impact and change. They do this by providing efficient and cost effective solutions for operational functions like accounting, financial management, legal compliances and donor management.

About this Nonprofit Budgeting Course

What does your organization want to accomplish? Whether your goal is to combat deforestation or to provide sustainable livelihoods, your team needs to know which financial resources are available to them. In other words, your team needs an accurate and effective operating budget.

This course introduces the fundamental skills that you will need to prepare an operating budget for a nonprofit organization or social enterprise. You will learn about the different types of budgets, explore operational budget components, compare different processes for generating financial estimates, and design inclusive processes to develop an operational budget with your team.


Course Topics:

  • Module 1: Introduction to Budgeting
    Understand the language and basic concepts of budgeting
  • Module 2: Types of Budgets
    Compare the different types of budgets and decide which formats will be most useful for your organization
  • Module 3: Budgeting Methods
    Choose the budgeting method most effective for your programs
  • Module 4: Budgeting Processes
    Design a budgeting process for your organization

Who Should Take This Course?

This course is designed for a wide-range of professionals working in the development, nonprofit, social enterprise, or humanitarian sectors. Project managers, department managers, or anyone involved with the financial management of their organization will find this course helpful.

No prior experience or training in accounting is necessary.


Certification

The 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%.

© 2019 Philanthropy U, Inc.