Full course description
Location: Online Instructors: Fiscal Training Team Presented By: Financial Management Office
Modules Included:
· Budget Allocation & Transfers
· Budget Management & University Financial Structure
· Capital Budgeting & Financing
· Banner Fund Management Essentials
· Understanding Overhead
· Managing Overhead Effectively
· Awarding & Reconciling Scholarships
· Department Carryover Management
· Start-Up Activities
· Academic Year (AY) Salary Appointments
· Calendar Year (CY) Salary Appointments
· Research Calendar Year (RCY) Appointments
Course Description:
This comprehensive, self-paced online course provides an in-depth overview of financial management practices at Virginia Tech, equipping participants with the knowledge and tools needed for effective fiscal stewardship. Across multiple modules, participants explore core topics including budgeting processes, fund accounting, overhead administration, payroll, salary planning, capital projects, scholarship management, and financial reporting systems.
Participants will gain practical insight into university financial operations, including the development and management of E&G and overhead budgets, interpretation of financial data, management of faculty and research funding, and the processes that support payroll, budget transfers, and organizational structures. Emphasis is placed on applying policies, procedures, and best practices to support informed decision-making, compliance, and operational efficiency.
Certificate Credits Available
Each module is self-paced, takes approximately one hour to complete, and concludes with a quiz. Participants must achieve a score of 80% or higher on each quiz to successfully complete a module. This course consists of one module, each worth one certificate credit toward the Fiscal Training and Development Program. Participants who complete all modules will earn a total of one certificate credit.