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This specialization concentrates on the basic skills required to organize and interpret financial information as the basis of decision-making. Specific topics include financial and managerial accounting, financial statements, business plans, budgeting, capital planning, cost accounting, managerial control, working capital management and payment systems.
Financial managers measure the flow of funds into and out of the organization, plan for investments in buildings and new technology, and forecast future surpluses and deficits for the organization as a whole and its various departments. Financial managers work closely with accountants, administrators, computer programmers, records managers and planners whose decisions have a considerable impact on the financial status of organizations. They, in turn, rely upon the financial managers skills and advice to assist them in fulfilling their responsibilities.Required Specialization Courses - Health Services Financial Management Highly Recommended Also Recommended Capstone
All Capstone projects begin in the fall and are completed at the end of the spring semester. Full-time students who begin in the spring semester typically need 2Â½ years to complete their degree.
This specialization provides the concepts and skills needed for careers that focus on the financial aspects of health care policy and the health care delivery system. Specific topics include public expenditure analysis, social insurance programs, taxation and debt financing.
Health care public finance positions are located in government, private and nonprofit organizations. Graduates often move among positions during their careers. Examples include budget officers and analysts, consultants, finance directors, grant managers, program auditors, financial analysts, bond raters, investment bankers and bond insurance underwriters.Required Specialization Courses Highly Recommended Capstone
Students who earn less than a "B+" in CORE-GP 1018 Microeconomics, CORE-GP 1021 Financial Management, and HPAM- GP 4830 Health Economics & Payment Systems generally have difficulty in the more advanced courses in this specialization. All full-time Finance students should enroll in these three courses during their first year of study, as they are prerequisites for several advanced Finance courses.
Students who earn less than a "B+" in CORE-GP 1011 Statistics, CORE-GP 1018 Microeconomics, and CORE-GP 1021 Financial Management generally have difficulty in the more advanced courses in this specialization. All full-time Finance students should enroll in these three courses during their first year of study, as they are prerequisites for several advanced Finance courses.
For the most current information about Capstone sections and pre-requisites, go to /capstone/students.php