PUAF 670 Finance: (3 credits) This course covers how governments raise, spend, borrow, invest, and transfer public funds. It reviews federal, state, and local budget processes and introduces analytical techniques including basic spreadsheet skills, evaluating alternative revenue sources, revenue and expenditure forecasting, cost allocation, break-even analysis, capital budgeting, cost-benefit analysis, choice over time (discounting, net present value, future value, internal rate of return), bond pricing, investment strategy, and cash management.
PUAF 711 Public Management and Leadership: (3 credits) This course reviews the managerial, political, and ethical problems faced by public sector managers and leaders, including setting an organization's goals, obtaining and protecting a program mandate, designing a service delivery system and implementing a new program.
PUAF 671 Financial Systems and Control: (3 Credits) This course is designed to provide participants the opportunity to learn and refine skills pertaining to the problems of management controls. The course approaches topics such as budgeting, finance and accounting (activity based costing – among other concepts) in a broad organizational based context. Case studies are used and targeted for a government or non-profit audience.
Topics discussed are: Analysis of financial statements, Measurement and Use of Differential Costs, The Management Control Environment, Strategic Planning, Budgeting, Measuring of Output, Performance Reporting, Operations Analysis and Evaluation.
PUAF 717 Budgeting: Federal, State and Local: (3 Credits) The course examines budgeting as a political and administrative instrument of the US federal government. It considers the development of budgeting; the multiple uses of the budget, including the budget's role in fiscal policy and resource allocation; the roles and relationships of the major participants; the main components of the budget; and current issues such as the effects of resource scarcity on budgeting behavior. The course primarily emphasizes the federal level, but the effects of the federal budget on state and local governments are also considered.
The tentative program course schedule is as follows:
Fall 2015 (August 31 – December 18)
- PUAF 670 – Government Contracting and Pricing
- PUAF 711 – Public Management and Leadership
Spring 2016 (Dates to be determined)
- PUAF 671 – Financial Systems and Control
- PUAF 717 – Budgeting: Federal, State and Local
A Graduate Certificate in Public Financial Management program courses are offered on campus to maximize interaction with faculty, classmates, and the school.