MOL 536 - Nonprofit Economics, Accounting, and Finance

Course unit(s): 1
Nonprofit organizations make up a substantial portion of regional and national economic activity, in the major areas of health care and education, as well as in arts, human service, social justice, environmental, animal rights, and many other service areas. This course addresses nonprofit leadership through the lens of financial management. Leaders should be familiar with underlying supply and demand for the service areas where nonprofits operate and the competitive economics of the service area. Financial and business planning techniques are vital elements of ongoing management, and also contribute to reporting and regulatory compliance. Leaders’ skills in this area complement their learning of strategy, external relations, and program management.

Course Learning Outcomes

• Analyze the competitive environment for nonprofit service areas
• Integrate budgeting and business planning with leadership practice
• Adapt financial management to program, marketing, and strategic management
• Customize leadership learning to specific and general nonprofit service contexts