Spring 2021  |  PA 3003 Section 001: Nonprofit and Public Financial Management (54172)

Class Component:
3 Credits
Grading Basis:
Student Option
Instructor Consent:
No Special Consent Required
Instruction Mode:
Completely Online
Class Attributes:
Online Course
Enrollment Requirements:
junior or senior
Times and Locations:
Regular Academic Session
01/19/2021 - 05/03/2021
Mon, Wed 09:45AM - 11:00AM
Off Campus
Enrollment Status:
Closed (31 of 30 seats filled)
Also Offered:
Course Catalog Description:
Concepts/tools for project/budget planning. Program analysis. Interpreting financial reports. Identifying/resolving organizational performance issues. Case studies, real-world exercises. prereq: Jr or sr
Class Notes:
Class will be offered REMOTELY. Class will be taught using a mix of synchronous and asynchronous meetings. http://classinfo.umn.edu/?varsh011+PA3003+Spring2021
Class Description:
This is an introductory course designed for students who have some background in financial analysis but wish to gain a clearer understanding of managing the finances for a public/non-profit organization. The primary objective of this course is to help you make sense of and use financial information available from financial documents such as budgets, balance sheets, and activity statements, among others. We will use conceptual frameworks and analytical techniques to analyze real-world financial problems. By the end of this course, you will understand the important concepts required for managing the finances of nonprofit/public organizations.
Learning Objectives:
By the end of the course, students will be able to:
Identify aspects of financial management as an integral part of nonprofit/public management
Define basic terminology and skills required in budgeting and accounting
Develop the capability to perform basic budget and financial analysis of nonprofit/public organizations
Analyze and prepare financial documents such as budgets, balance sheets, activity statements, cash flow statements, annual financial reports etc.
Compare various scenarios and recommend the one with best financial outcomes.
Improve communication and writing skills regarding financial matters.
Class Format:
We will follow a flipped learning model, where I will post pre-recorded lectures covering the class material each week at least 5 days in advance so that you can watch it before or during the Monday asynchronous class time. I expect you to come to the Wednesday class having watched these lectures so that we can use the synchronous class time on active learning activities. Prior feedback from students has shown that in-class group activities significantly improved their learning outcomes. Hence, I have incorporated several activities into the class structure. This classroom environment, therefore, relies on you to come to class prepared and ready to participate, and you will be expected to respect and value the opinions of your peers.
Instructor Supplied Information Last Updated:
17 January 2021

ClassInfo Links - Spring 2021 Public Affairs Classes

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