Effective management requires knowledgeable and thoughtful preparation and use of financial information. This course focuses on the most critical financial management concepts and skills. Topics include: principles of financial management and control; budget preparation; financial management and strategic planning; allocation and recovery of indirect costs; preparation and analysis of financial reports; and coping with cutbacks. Quantitative analysis is emphasized. Students develop the confidence and ability to produce budgets, set prices and undertake other financial tasks required of administrators.