Financial Management Principles

This is Module 2 of the Financial Management Essentials Series (FMES)

The FMES improves financial resource management awareness, capability, and sustainability within NSW Health.

An intermediate level module designed for clinical and nonclinical NSW Health Managers with limited cost centre management experience. The course develops skills to monitor a budget and apply budgetary control mechanisms. Participants explore the governance obligations of NSW Health Managers and the connection to value-based healthcare.

Enrolments now open in My Health Learning

Learning outcomes
  • Identify and explain key governance and ethical obligations
  • Demonstrate capability in interpreting budgets and applied budgetary control
  • Explain the importance of continuous monitoring and reporting
  • Assess financial data to continually improve NSW Health resource management
  • NSW Health Managers (emerging/ new) - clinical and non-clinical
  • Workshops are delivered online using Zoom to connect participants across locations state-wide
Duration and elements
  • Full day virtual interactive classroom


  • These workshops are designed for staff to participate in online group discussions via an individual computer, not in a shared physical setting with other participants


  • Computer/ laptop
  • Webcam
  • Audio (computer speakers or headphones) and Microphone or call in via phone
  • Fast and reliable internet connection


  • A quiet space to work individually without disruptions