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A curriculum for teaching faculty budgeting and financial management skills
1Institute for the Generalist Physician, University of North Carolina at Chapel Hill.
Background:
As funding sources diminish, it is critical for faculty members in primary care residency programs to better utilize available resources. The curriculum presented here, a practice management course for academicians, can provide fellows and new faculty with some of the budgeting and financial management skills necessary to perform in an academic environment.
Methods:
The curriculum described is a 6-hour seminar series that relates essential budgeting and financial management concepts with academic practice.
Results:
Pre- and postassessments displayed a statistically significant increase in the learner's fund of knowledge. One year after instruction, six of seven participants had used an aspect of the curriculum. All seven recommended its continuation.
Conclusion:
This curriculum should be considered for implementation in all fellowship programs that train future faculty.