Financial Management 101

Purpose:

The purpose of the Army Financial Management 101 course (FM 101) is to provide personnel in the technical financial management series training specifically designed to increase their skills and knowledge in financial and resource management and their basic analytical capabilities.

Target Audience:

Civilian:

GS 03 - 08s in the following career fields:

  • Series 0301: Miscellaneous Administration & Program
  • Series 0303: Miscellaneous Clerk & Assistant
  • Series 0305: Mail & File
  • Series 0318: Secretary
  • Series 0344: Management & Program Clerical & Assistance
  • Series 0346: Logistics Management
  • Series 0503: Financial Clerical & Assistance
  • Series 0505: Financial Management
  • Series 0525: Accounting Technician
  • Series 0530: Cash Processing
  • Series 0540: Voucher Examining
  • Series 0544: Civilian Pay
  • Series 0545: Military Pay
  • Series 0561: Budget Clerical & Assistance
  • Series 0599: Financial Management Student Trainee

Military:

SPC / E-4 - SGT / E-5 (MOS 36)

Overview:

The course is divided into eight general learning objectives with learning accomplished by lectures, discussion groups, group projects, guest speakers, simulations, and a Capstone Exercise. The eight learning objectives are:

  1. Financial / Resource Management Environment
  2. Organization and Structure of the Army and the FM Community
  3. Principals of Appropriations and Fiscal Law
  4. Principals of Cost and Cost Analysis
  5. Principals of Budgeting and Budget Analysis
  6. Principals of Manpower and Personnel and Manpower Analysis
  7. Principals of Contracting and its Impact on Financial Management
  8. Ethics and Internal Controls
  • Fort Stanwix Capstone Exercise

Administration:

The FM 101 is conducted by SU. It is 10 days in length; classes are conducted from 8:00 AM (0800) to 4:00 PM (1600) daily. Students are housed at The Residence Inn by Marriott Syracuse. Classes are conducted at SU's Whitman School of Management. Transportation is provided. Tuition covers all training and training material, housing and some meals.

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Eligibility/Application Requirement:
Comptroller Proponency Office OASA (FM&C):
ASA(FM&C) Web site
E-mail: usarmy.pentagon.hqda-asa-fm.mbx.proponency@mail.mil