Financial Management - Department of Defense Management
MBAs in Financial Management
The Financial Management Curriculum is designed to prepare officers for business, financial, and analysis positions within the DoN and DoD.
Financial Management (Curriculum 837)
Financial Managers assist the DoN's decision-making processes at all levels by providing accurate, timely and relevant information and analysis. They are concerned with the optimal allocation of human, physical and financial resources to achieve the DoN's goals and objectives while assuring efficient and effective expenditure of public funds. Graduates of the Financial Management Curriculum will be prepared for assignment to positions in strategic planning, business analysis, financial analysis, budgeting, accounting, business and financial management, and internal control systems and auditing.
Graduate courses cover topics such as financial reporting standards, cost standards, cost analysis, budgeting and financial management, internal control, auditing, management planning and control systems, strategic resource management, quantitative techniques used in planning and control, system acquisition and program management, and the Planning Programming, Budgeting Execution System (PPBES) used within the Department of Defense. View curriculum details below.
Eligibility
The Five U.S. uniformed services; Department of Defenses and Federal employees; International officers and Government employees; and Defense contractors
Requirements for Entry
A baccalaureate degree with above-average grades is required. Completion of at least two semesters of college algebra or trigonometry is considered to be the minimum mathematical preparation. An Academic Profile Code (APC) of 345 is required for entry. International students should refer to the Admissions section for current TOEFL and entrance requirements.
Delivery Mode:
Resident
Entry Dates:
January and July
Program Length:
Six Quarters
Degree
Requirements for the Master of Business Administration (MBA) degree are met en route to satisfying the Educational Skills Requirements.
Financial Management Subspecialty
Completion of this curriculum qualifies a US Navy officer as a Financial Management Subspecialist, subspecialty code 3110P. Completion qualifies a US Marine Corps officer for MOS 9644.
Typical Subspecialty Jobs
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Comptroller: Naval Bases/Naval Air Stations/SYSCOMs
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Budget Analyst: Office of Budget, N-82 SYSCOMS, U.S. STRATCOM
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Public Works Officer: CONUS/OUTCONUS
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Comptroller: Naval Hospitals
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Business Financial Managers: Program Offices
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Action Officer/Program Analyst: OSD
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Budget Analyst: OPNAV
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Fiscal Officer: BUMED
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Budget Officer: CINPACFLT/CINCLANTFLT
Curriculum Sponsor:
N-82, Director, Office of Budget and Fiscal Management Division.
Applications for this program are handled through the Admissions Office at the Naval Postgraduate School.
Financial Management Energy Specialty (Curriculum 838)
The Department of Defense Management offers an eighteen-month MBA in Financial Management with an energy focus. The Financial Management Energy curriculum prepares graduates for assignment to positions in strategic planning, business analysis, financial analysis, budgeting, accounting, business and financial management, and internal control systems and auditing. The NPS energy degree program is designed to enhance national security by reducing the demand for energy, expanding energy supply options, and considering energy-consumption costs, logistics and challenges in all strategic military decisions.
Four graduate degree programs at NPS offer energy specialty tracks built around a common core of energy courses, along with energy specialty courses and electives that allow sponsors to personalize the program of study to their students’ specific interests. These defense-focused tracks provide an advanced education in interdisciplinary approaches to problem-solving, analysis and technical expertise within the energy realm.
Each of the four schools within NPS offers a different core course: Energy Technology (Graduate School of Engineering & Applied Sciences); Energy Economics (Graduate School of Business & Public Policy); Energy Analysis (Graduate School of Operations & Information Sciences); and Energy Politics (School of International Graduate Studies). In addition, the NPS Cebrowsi Institute offers an Energy Seminar Series throughout the program, inviting university, government, and private sector energy experts to discuss energy-related topics.
As the energy tracks are embedded within four existing degree programs, the graduate will earn a degree in a traditional area of study, with a specialty in energy.
As requested by the Secretary of the Navy, the NPS energy degree program is designed to enhance national security by reducing the demand for energy, expanding energy supply options, and considering energy consumption and the associated costs and logistics challenges in all decisions about military strategic planning, structuring, and equipping the force. To achieve these energy goals, the nation needs a cadre of energy professionals knowledgeable in energy science, technology, policy, management and analysis. This is the requirement that NPS’ energy programs, both graduate degree programs and academic certificates, were created to fill.
Graduate courses cover topics such as energy economics, energy strategy and policy, financial reporting standards, cost standards, cost analysis, budgeting and financial management, internal control, auditing, management planning and control systems, strategic resource management, quantitative techniques used in planning and control, system acquisition and program management, and the Planning Programming, Budgeting Execution System (PPBES) used within the Department of Defense.
Requirements for Entry
A baccalaureate degree with above-average grades is required. Completion of at least two semesters of college algebra or trigonometry is considered to be the minimum mathematical preparation. An APC of 345 is required for entry. International students should refer to the Admissions section for current TOEFL and entrance requirements.
Eligibility
U.S. officers from the five uniformed services, DoD civilian employees, international officers and government employees, defense contractors.
Entry Dates:
January and July
Program Length:
Six Quarters
Degree
Master of Business Administration - Financial Management (Energy) Subspecialty
Financial Management (Energy) Subspecialty
Completion of this curriculum qualifies a U.S. Navy officer as a Financial Management Subspecialist, subspecialty code 3113P. Completion qualifies a U.S. Marine Corps officer for MOS 9644.
Curriculum Sponsors
N-82, Director, Office of Budget and Fiscal Management Division and Navy Energy Coordination Office; N-45 Chief of Naval Operations Energy and Environmental readiness Division.
Applications for this program are handled through the Admissions Office at the Naval Postgraduate School.
Conrad Scholar Program
The Conrad Scholar Program's objective is to enhance professional development opportunities for students and faculty, and conduct and direct research supportive of the Office of the Assistant Secretary of the Navy (Financial Management and Comptroller) in areas of resource management. Up to four top Financial Management M.B.A. students per graduating class are identified as potential Conrad Scholars and cleared to complete their theses...
Thesis topics are selected to address issues of importance to the Defense Department's financial management community and are approved by the program sponsor, the Director of the Office of Budget (FMB). The students brief their theses to the FMB and other interested members of the Operational Navy (OPNAV), Headquarters, Marine Corps (HQMC) and Secretariat staffs. Additionally, they may be asked to write an essay for publication based on their theses.
If Conrad Scholars have their essays published, it provides excellent exposure for their research. Numerous requests for copies of Conrad Scholar theses have resulted in extending the reach of their research and its value to the Department.
Conrad Chair: VADM John Terence Blake, USN (Ret.) jtblake@nps.edu