• Length:
    4 Weeks
  • Effort:
    2–3 hours per week
  • Price:

    FREE
    Add a Verified Certificate for $49 USD

  • Institution
  • Subject:
  • Level:
    Introductory
  • Language:
    English
  • Video Transcript:
    English

Prerequisites

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

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. Whether 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.

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.

What you'll learn

  • 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
Lessons: 1. Introduction
2. Starting with a Piece of the Budget
3. Expenditures
4. Forecasting Expenditures
5. Revenues
6. Building the Budget
7. Financial Management, Auditing, and Control
8. Planning for the Future

Meet your instructors

Larry Neal
Director
Clinton-Macomb Public Library

Pursue a Verified Certificate to highlight the knowledge and skills you gain $49.00

View a PDF of a sample edX certificate
  • Official and Verified

    Receive an instructor-signed certificate with the institution's logo to verify your achievement and increase your job prospects

  • Easily Shareable

    Add the certificate to your CV or resume, or post it directly on LinkedIn

  • Proven Motivator

    Give yourself an additional incentive to complete the course

  • Support our Mission

    EdX, a non-profit, relies on verified certificates to help fund free education for everyone globally