Free Online Course on Budgeting and Finance for Public Libraries

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The University of Michigan is offering free online course on Budgeting and Finance for Public Libraries. This course, part of the Public Library Management Professional Certificate program, will help you understand how to build a budget, read financial reports, and plan for the long-term sustainability of your library.

In this four-week course, applicants will understand financial concepts as well as well as effective practices in budgeting and auditing for library managers at all levels. This course will start on August 29, 2017.

Course At A Glance 

Length: 4 weeks
Effort: 2-3 hours pw
Subject: Social Sciences
Institution: University of Michigan and edx
Languages: English
Price: Free
Certificate Available: Yes, Add a Verified Certificate for $99
Session: Course Starts on August 29, 2017

Providers’ Details

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.

About This Course

Money isn’t generally the first topic that comes to mind when thinking about libraries, however it is a critical resource that touches every aspect of the organization.

Why Take This Course?

You are an aspiring manager or a library director, it is important that your organization’s finances are aligned with your service goals and priorities.

Learning Outcomes

  • Budgeting and financial concepts and terms as they apply to public libraries
  • How to analyze financial reports
  • The decision making and strategies that go into creating a budget
  • Best practices in establishing financial controls and procedures
  • How today’s financial decisions can impact future sustainability of your organization
  • How to develop a financial forecast

Instructors

Larry Neal

Larry Neal is the director of the Clinton-Macomb Public Library a state-of-the-art district library serving over 170,000 residents in suburban Detroit.

He has 35 years of public library experience, holds a BA and MBA from Oakland University and a Master of Science in Information-Library and Information Science specialization from the University of Michigan.

Requirements

Basic familiarity with and access to a spreadsheet application (Excel or equivalent)

How To Join This Course

  • Go to the course website link
  • Create an edX account to SignUp
  • Choose “Register Now” to get started.
  • EdX offers honor code certificates of achievement, verified certificates of achievement, and XSeries certificates of achievement. Currently, verified certificates are only available in some courses.
  • Once applicant sign up for a course and activate their account, click on the Log In button on the edx.org homepage and type in their email address and edX password. This will take them to the dashboard, with access to each of their active courses. (Before a course begins, it will be listed on their dashboard but will not yet have a “view course” option.)

Apply Now

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