Martin School of Public Policy and Administration

Public Financial Management

Masters or Graduate Certificate

#4

ranking in U.S. News and World Report

for Budgeting and Public Finance

$82K

average salary for graduates with similar degrees

according to Burning Glass

59K

job postings last year

according to Burning Glass

Restart your search

Program Summary

Fall 2023
Application Dates: 07/21/2023
Start Dates: 08/21/2023
Spring 2024
Application Dates: 12/8/2023
Start Dates: 01/8/2024
Summer 2023
Application Dates: 04/15/2023
Start Dates: 05/15/2023
COST AND CREDITS - MASTERS
Credits required: 36
Cost per credit: $752.50
Cost and credits - Graduate Certificate
Credits required: 12
Cost per credit: $752.50
Rhonda Trautman

Rhonda Trautman, Ph.D.

Program Director

Director, Public Financial Management in the Martin School

Martin School of Public Policy and Administration

407 Patterson Office Tower

Lexington, KY 40506-0027

859.​262.3132

  • GC
  • MPFM
Earn a Master or Graduate Certificate in Public Financial Management and acquire the skills that employers seek. Students completing the graduate program are employed as budget officers in federal, state, local government agencies, university accounting or grants offices; managers in public or nonprofit organizations; school finance officers; city managers; elected officials; and public sector account managers. The Master or Graduate Certificate in Public Financial Management is designed to meet the current and expanding national demand for well-trained financial managers for public and non-profit organizations.

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Program Summary

Fall 2023
Application Dates: 07/21/2023
Start Dates: 08/21/2023
Spring 2024
Application Dates: 12/8/2023
Start Dates: 01/8/2024
Summer 2023
Application Dates: 04/15/2023
Start Dates: 05/15/2023
COST AND CREDITS - MASTERS
Credits required: 36
Cost per credit: $752.50
Cost and credits - Graduate Certificate
Credits required: 12
Cost per credit: $752.50

Make a Difference. Start Here.

Designed for working professionals this rigorous, online program offers the same high quality experience as on-campus programs at the Martin School of Public Policy and Administration. As an online student, you will have access to the same nationally and internationally known faculty as on-campus students. Courses are taught in sequential, 8- and 4-week modules that allow you to actively participate as you balance work-life demands. As a student in our program, you will:

  • Work with faculty that have expertise in relevant areas such as public budgeting, debt management, public sector accounting, and auditing.
  • Develop practical knowledge of public finance, governmental accounting, and financial management.
  • Prepare to efficiently manage the finances of public and nonprofit institutions and develop new, financially sustainable programs for those organizations.


Application Requirements

Students applying to the Masters in Public Financial Management who have not previously completed the Graduate Certificate in Public Financial Management may only apply for Fall or Spring Semesters. View the suggested course sequence for a Fall start date.

Master of Public Financial Management
  • A bachelor’s degree from an accredited college or university with a minimum cumulative G.P.A. of 2.75 or more.
  • Official transcripts
  • Resume
  • Personal statement 
  • GRE/GMAT (optional)

Additional details on tuition, prerequisites, and curriculum can be viewed here.


Graduate Certificate in Public Financial Management
  • A minimum cumulative G.P.A. of 2.5 or higher.
  • Official transcripts
  • Resume
  • Personal statement.

​Additional details on tuition, prerequisites, and curriculum can be viewed here.

NOTE: Courses completed as part of the Graduate Certificate (12 credit hours) can later be applied to the Master’s degree (36 credit hours). 

"As a student in the Master of Public Financial Management (MPFM) program, I was exposed to instruction, strategies, and experts that directly impact my day-to-day professional life. The content is directly applicable to my job responsibilities. The experience and knowledge I have acquired, the interactions with its faculty, and the discussions with fellow students have been a positive experience. I cannot recommend this program highly enough".

A.J. Wells

Imagine Your Future

Budget Analysts

Budget analysts help public and private organizations plan their finances.

Source: Bureau of Labor Statistics | Click the link for more info.

Median Salary

$79,940

per year in 2021

Number of Jobs

50,400

in 2021

10 Year Job Outlook

1,400

new jobs (average)


Imagine Your Future

Financial Managers

Financial managers create financial reports, direct investment activities, and develop plans for the long-term financial goals of their organization.

Source: Bureau of Labor Statistics | Click the link for more info.

Median Salary

$131,710

per year in 2021

Number of Jobs

730,800

in 2021

10 Year Job Outlook

123,100

new jobs (average)


Federal Financial Aid and Certificate Programs

Please note that federal financial aid is not available for certificate programs, but other financial resources may be available on the Financial Aid page.


Contact

Rhonda Trautman

Rhonda Trautman, Ph.D.

Program Director

Director, Public Financial Management in the Martin School

Martin School of Public Policy and Administration

407 Patterson Office Tower

Lexington, KY 40506-0027

859.​262.3132

Students Residing Outside of Kentucky

If you will live outside of Kentucky while completing your program, please check the Out of State Student page to confirm that the program can be offered in your state, and if relevant, that it meets professional licensure requirements in your state.