Free Online Course on Public Financial Management

The SOAS, University of London is inviting you to join “Understanding Public Financial Management: How Is Your Money Spent?” free online course. How do governments acquire and spend public money? Take a fresh look at public financial management with this free online course.

The course will help you to evaluate the management of financial resources across the public sector, how the use of public financial resources is audited, the budget process works at national and sub-national levels. The course will start on January 23, 2017.

Course At A Glance

  1. Length: 4 Weeks
  2. Effort: 4 Hours pw  
  3. Subject: Financial Management 
  4. Institution: SOAS, University of London  
  5. Languages: English
  6. Price: Free 
  7. Certificate Available: Yes
  8. Session: The course will start on 23 January 2017

Providers Details

SOAS, University of London is the only Higher Education institution in Europe specializing in the study of Asia, Africa and the Near and the Middle East. SOAS’s academic focus on the languages, cultures, and societies of Africa, Asia and the Middle East makes it an indispensable interpreter in a complex world.  SOAS scholars grapple with pressing issues – democracy, development, human rights, identity, legal systems, poverty, religion, social change.

Requirements

  • This is a general level course, however, some knowledge of economics, political science, or accounting may be useful.
  • This course would also be of interest to those already working in public sector management or simply looking for a better understanding of contemporary financial issues.

About This Course

  • This free online course will provide you with the knowledge and tools to understand and evaluate the management of financial resources across the public sector, wherever you are. Drawing on the expertise of the Centre for Financial and Management Studies at SOAS, University of London and the language of the course is English.
  • Management plays a huge role in the Life of a human being. Management is overall code of conduct that a person follows throughout his life. It has now become mandatory for every person to gain a good hands-on managing his/her life out of so many complexities present in today’s scenario. Therefore, specializing in management is important for everyone in order to live a high impact and balanced life in today’s complex world.

How to Join This Course

  • You should register yourself through the given link to join this free on-line course: https://www.futurelearn.com/register
  • Use the hashtag#FLpfm to join and contribute to social media conversations about this course.

Course Format

By the end of the four-week course, you will be able to:

  • Understand the basics of public financial management
  • Read simple public sector financial statements
  • Explain how governments raise finance through various means
  • Explain how the budget process works at national and sub-national levels
  • Understand how auditing is conducted in public sector organizations
  • And understand how public sector organizations are held accountable to the public

Why Take This Course

  • Advantage: This course will surely help you to understand the basics of public financial management. This course also helps you to understand and evaluate the management of financial resources across the public sector
  • Certificate: A Certificate of Achievement will be available for this course soon. We’ll email you when you’re eligible. Your Certificate provides a detailed transcript of what you’ve learned so you can easily add it to your LinkedIn profile, CV or resume.

 Learning Outcomes

At the end of the course you will be able to:

  • How governments and public sector organizations obtain financial resources through taxation, fees, charges, natural resources and other means.
  • How public sector organizations decide to use financial resources for attaining public policy goals and implementing public programs.
  • How public sector organizations report their financial performance to the public.
  • How the use of public financial resources is audited, and how governments are made accountable for their financial decisions.

Instructors

Alberto Asquer: He is a lecturer in Public Policy and Management at SOAS University of London. He does research on the management of public sector entities, public financial management, and regulation.

Suggested Reading

This is a general level course, however, some knowledge of economics, political science, or accounting may be useful.

You Might Also Be Interested In

If you are interested you will also join “Risk Management in the Global Economy”.

Conclusion

  • It helps you to understand and evaluate the management of public finances. How do governments acquire and spend public money? You will be able to understand the basics of public financial management how governments raise finance through various means. It develops your understanding how public sector organizations are held accountable to the public.
  • Your Certificate provides a detailed transcript of what you’ve learned. This includes how long you spent studying the course, and your average test score. The Certificate and transcript give you evidence to show during job or university applications, or appraisals.

Detailed Information

For more information about the course, you can check the given link: https://www.futurelearn.com/courses/public-financial-management

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