PUBPOL 5424 - Public Budgeting and Finance for Executives

(SBA-HE)

Fall. 1 credit. Letter grades only.

Enrollment limited to: Executive Master of Public Administration (EMPA) students.

R. Musell.

This course will contribute to the success of future public and nonprofit leaders by introducing them to a critical aspect of public service management - budgeting and finance. The class covers the terminology, components, practices, documents, and methods of public budgeting and finance at all levels of government and in the non-profit world.

Outcome 1: Students will articulate the basics of budget terminology and structure; prepare basic budgets and link to organizational objectives; Practice using budget documents to do basic analysis and learn the basics of communicating results effectively.

Outcome 2: Students will master the basics of income statements and balance sheets and how to use financial and performance ratios to help evaluate them to acquire an understanding of the budget approval process with specific examples.