Financial Management OpenCourseWare Tutorial Rankings
There are a large number of colleges, universities and websites that provide free financial management education. Here is a list of some of the best financial management OpenCourseWare courses and tutorials on the web ranked by the institution's ranking and the breadth of courses offered.
#1 Massachusetts Institute of Technology (MIT)
According to U.S. News and World Report in 2013 and 2014, MIT ranks among the top 10 national universities for its undergraduate business and graduate finance programs. For self-learners, MIT offers undergraduate and graduate courses in financial management at no charge through its OpenCourseWare program (OCW). Most of these OCW courses include lectures, assignments, reading lists, exams and multimedia elements. Related courses include financial management, financial management accounting, the law of corporate finance and financial markets.
#2 University of California at Irvine
The University of California at Irvine (UC Irvine) offers many free business and management courses through its OCW program. A course in the fundamentals of personal financial planning provides a general overview of setting financial goals, investing and preparing for retirement. Additionally, UC Irvine offers a course in capital markets that may be of interest to financial managers. UC Irvine was ranked 14th top public school among national universities in 2014 by U.S. News.
#3 Kutztown University of Pennsylvania
Kutztown University's Small Business Development Center (SBDC) provides free online training to new managers and businesses via the SBDC website. There are eight finance courses available, in addition to courses in business planning, marketing and sales. Most contain multimedia elements and last between 45 minutes and three hours. In 2014, Kutztown University was ranked 36th among top public schools in the North by U.S. News.
#4 University of Texas at San Antonio
Maintained by the University of Texas at San Antonio, the South-West Texas Border Small Business Development Center offers many free online courses to people who want to learn more about business financial management. The free education modules cover a wide range of topics, including balance sheets, budgets, cash flow, contracts, pricing, profits and profitability.
#5 Utah State University
Utah State University offers free courses through their OCW program for people who want to learn more about managerial economics and family finance. Courses include materials such as lectures, assignments and tests.
#6 University of Alaska - Anchorage
The University of Alaska - Anchorage (UAA) was ranked the 27th top public school in the West by U.S. News in 2014. Dr. Fred Barbee at UAA provides course materials online from his Principles of Financial Accounting course. Materials include power point slides, assignments, practice exams and other useful resources.
#7 The Financial Management Training Center
The Financial Management Training Center provides free financial management short courses on its website. You may also download these courses and take online exams. Some of the topics covered include financial planning and forecasting, cash flow management, and capital budgeting. This training site also offers fee-based courses that can result in formal certification.
#8 Free Management Library
The Free Management Library includes documentation for both for-profit and not-for-profit managers who want to learn the basics of financial management. This comprehensive guide is text-based and includes information on everything from bookkeeping and financial statements to budgets and cash flow management.