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Nonprofit Finance

Sound knowledge of finance is an essential skill for senior managers in any nonprofit organization. Effective financial management strategies and compliance with increasing accountability legislation are imperative for any organization to carry out its mission and meet long-term goals. The certificate in nonprofit finance provides a comprehensive grounding in accounting and finance techniques and analysis, and the skills required for effective financial management in nonprofit organizations.

In the certificate program, you will learn how to interpret financial statements, analyze nonprofit operations and make program decisions, and acquire skill for efficient budgeting processes to support your mission activities. Upon completion of the certificate, you’ll be able to develop, plan, and monitor organizational budgets and have an in-depth knowledge of cash flow, nonprofit accounting systems, and nonprofit financing strategies.

A certificate in nonprofit finance can be completed through both in-person and online classes. This flexibility and North Park’s commitment to affordability will allow you to complete this certificate in as little as 12 months, giving you a valuable credential as you advance your career. All certificate courses can also be applied toward a degree, such as a master of nonprofit administration or an MBA.

Our respected professional faculty includes experts and consultants in nonprofit finance, along with full-time faculty with advanced degrees in marketing, finance, and management fields. You’ll learn alongside other professionals in small classes that will help you continue advancing as an effective leader in the nonprofit sector.

Courses

These five classes are required for the certificate in nonprofit finance. Click on a course title to read its description.

Review our semester schedules to see current offerings, including online and on-campus classes.

SBNM 5030 – Principles of Human Resources
This course examines current theory and practice as it applies to the management of human resources within organizations. Contemporary human resource management issues pertaining to cultural diversity will be stressed throughout the course. Specific focus is given on the effects of organizational mission and culture on human resource management. The processes of recruitment and selection, training and development, performance evaluation, compensation and motivation, and legal influences are examined. The course takes the viewpoint of human resource management as a key responsibility of every manager within the organization.

SBNM 5320 – Investment Management
This course studies financial markets, principally equity markets, from an investment decision-making perspective. The course develops a set of conceptual frameworks and analytical tools and applies them to particular investments and investment strategies selected from a wide array of companies, securities, and institutional contexts. The focus is on adding value across the spectrum of decisions ranging from position-taking in particular securities to portfolio risk management to the oversight of professional investment managers. The course explores the competitive dynamics among investment organizations, products, and markets. The role of ethical behavior is incorporated into the study of financial markets, as well as portfolio management. Moral reasoning will be factored into portfolio management as environmental, multinational, and global issues affect it.

SBNM 5350 – Nonprofit Financial Management
This course provides both basic and advanced financial planning and management skills necessary in today's nonprofit organization. Successful financial planning and business development strategies will be combined to create a financial plan which achieves the goals of the organization. Included are basic principles of managerial accounting. Fund accounting, budgeting, cash flow analysis, expenditure control, long-range financial planning, audits, and grants and contracts are studied, as applied to nonprofit organizations.

SBNM 5351 – Nonprofit Financial Decision Making
Basic principles of managerial accounting, fund accounting, budgeting, cash flow analysis, expenditure control, long-range financial planning, audits, and grants and contracts are studied, as applied to nonprofit institutions.

SBNM 5770 – Fundraising Principles for Nonprofit Organizations
This course will cover the fundamentals of effective resource development as they pertain to nonprofit organizations generally and to nonprofit management positions specifically. Principles and best practices of fundraising are studied, including the fundraising process (i.e., organizational readiness, strategic planning and research). The principles that undergird effective fundraising practices will also be reviewed, including the historical, organizational, legal, ethical, and theoretical contexts of fundraising.

Gainful Employment Information

North Park University is required to provide detailed information about the gainful employment of our students who enroll in School of Business and Nonprofit Management certificate programs. These disclosures will assist students in making informed enrollment decisions with regards to the possible employment opportunities that accompany each of the certificate programs.

Nonprofit Finance Certificate