Certificate in School Finance Management
The program starts with an overview of financial management principles, including budgeting, financial planning, and financial reporting. Participants will learn about the importance of financial accountability and the role of financial management in achieving institutional goals.
Overview
The Certificate in School Finance Management is a 12week program designed to provide participants with comprehensive knowledge and skills in managing school finances. The program covers financial accountability, mobilization, and control, ensuring effective financial management in educational institutions. The program starts with an overview of financial management principles, including budgeting, financial planning, and financial reporting. Participants will learn about the importance of financial accountability and the role of financial management in achieving institutional goals.
Budgeting is a key focus, with participants learning to develop and manage school budgets effectively. The course covers techniques for creating budget plans, monitoring expenditures, and adjusting budgets to meet changing needs. Financial mobilization is another crucial area, covering strategies for generating revenue and securing funding for school programs and initiatives. Participants will learn about fundraising, grant writing, and revenue generating activities.
The course on financial control focuses on implementing internal controls and financial policies to ensure the integrity of financial operations. Participants will learn about financial audits, risk management, and compliance with financial regulations. The work placement component allows participants to apply their financial management skills in a real school setting, providing practical experience in budgeting, financial reporting, and financial control.
What you’ll learn
Upon successful completion of this program, participants will be able to:
- Develop and manage school budgets effectively.
- Implement financial mobilization strategies to secure funding.
- Apply financial control measures to ensure financial integrity.
- Gain practical experience in financial management through work placement.
Course Descriptions
SFM102A Introduction to School Finance Management (3 credits)
This course provides an overview of financial management principles, including budgeting, financial planning, and reporting.
- Learning Outcome:Understand the fundamentals of school finance management and its role in achieving institutional goals.
SFM102B Budgeting and Financial Planning (3 credits)
Participants will learn techniques for developing and managing school budgets, monitoring expenditures, and making budget adjustments.
- Learning Outcome: Create and manage effective budgets to meet the financial needs of educational institutions.
SFM102C Financial Mobilization and Fundraising (3 credits)
This course covers strategies for generating revenue and securing funding, including fundraising, grant writing, and revenue generating activities.
- Learning Outcome: Implement financial mobilization strategies to secure funding and support school programs.
SFM102D Financial Control and Compliance (2 credits)
Participants will learn about financial control measures, internal controls, and compliance with financial regulations.
- Learning Outcome: Apply financial control measures to ensure financial integrity and compliance.
SFM102E Work Placement in School Finance Management (4 credits)
The work placement provides practical experience in managing school finances, allowing participants to apply their skills in a real-world setting.
- Learning Outcome: Gain hands-on experience in school finance management by working on real financial management tasks.