The Graduate School

Public Financial Management

#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

Application Dates: 12/9/2019
07/15/2020
Start Dates: 01/15/2020
08/24/2020
Cost per credit: $762

Rhonda Trautman

Program Director

Director, Public Financial Management in the Martin School

The Graduate School

413 Patterson Office Tower

Lexington, KY 40506-0027

859.​257.5594

  • 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.

Program Summary

Application Dates: 12/9/2019
07/15/2020
Start Dates: 01/15/2020
08/24/2020
Cost per credit: $762

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

Master of Public Financial Management
  • Admission to Master of Public Financial Management program  requires a bachelor’s degree from an accredited college or university with a minimum cumulative G.P.A. of 2.75 or more.
  • The Master of Public Financial Management requires these items plus two letters of recommendation.
  • GRE or GMAT scores are required
Graduate Certificate in Public Financial Management
  • Admission to the Graduate Certificate in Public Financial Management requires a minimum cumulative G.P.A. of 2.5 or higher.
  • Experience or education in accounting is encouraged but not required.
  • The Graduate Certificate requires undergraduate transcripts, resume, and personal statement.


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

"The program has helped prepare me for multiple promotions and, ultimately, the opportunity I have been seeking (and recently offered!) to serve as Chief Financial Officer for a local government agency."

A.J. Wells

Imagine Your Future

Budget Analysts

Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending.

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

Median Salary

$71,220

per year in 2017

Number of Jobs

60,800

in 2017

10 Year Job Outlook

1,500

new jobs (average)


Imagine Your Future

Financial Managers

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

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

Median Salary

$115,320

per year in 2017

Number of Jobs

555,900

in 2017

10 Year Job Outlook

37,700

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

Program Director

Director, Public Financial Management in the Martin School

The Graduate School

413 Patterson Office Tower

Lexington, KY 40506-0027

859.​257.5594

State Authorization & Licensure

If you plan to complete a University of Kentucky online program while living outside of Kentucky, you should check the Out-of-State Students page to determine if the University of Kentucky is authorized to provide this program in your state of residence. If you plan to use the degree to seek licensure, you should also determine if the degree meets the educational requirements for licensure in your state.