WEST LAFAYETTE, Ind. – Finance professionals in the aviation industry have specialized skills in finance, leasing and trading that set them apart from their peers in other industries.
As airline revenue managers, for example, they juggle sliding fares that continually change with supply and demand while aiming to ultimately maximize profits. As asset managers, they look after airline fleets, half of them with the added complication of being leased, and other aviation facilities representing assets worth billions.
This makes personnel with expertise in aviation and the elements of aviation financial management in-demand professionals. Purdue University is set to meet this demand with a new 100% online graduate certificate in aviation financial management. The new Graduate Certificate is expected to be offered in Spring 2023 and applications are being accepted now. Classes are also available for students in residence at Purdue’s West Lafayette campus.
The certificate of the School of Aviation and Transportation Technology in the Purdue Polytechnic Institute will prepare aviation professionals to evaluate financial operations, develop strategies to maximize revenue, proactively manage aviation capital assets, and effectively use financial tools to manage risk. All courses are delivered entirely online and taught by expert Purdue faculty with a background in aviation financial management. The four required courses can be completed in as little as 12 months. Students have up to five years to complete the certificate program.
The program is practice-based and designed for working professionals. Students acquire key skills in finance, management, analysis, communication and strategic thinking to develop interdisciplinary skills.
Purdue works with industry partners, including airlines, airports and aircraft leasing companies, both to develop and refine the program curriculum and to provide learners with opportunities to gain hands-on experience .
Additionally, the 12 credit hours required to earn the Graduate Certificate in Aviation Financial Management can be applied at Purdue’s Online Master of Science in Aviation and Aerospace Management if a student decides to continue and obtain a master’s degree. Purdue also offers a specialized service Graduate Certificate in Aviation Safety Management which can be applied to mastery.
Purdue’s history in aviation and aerospace education is long and storied. It includes the first airport owned by the university, opened in 1930 and designated a historic landmark, as well as Amelia Earhart as a former guidance counselor and more than two dozen former astronauts. Purdue developed a four-year aviation degree with flight, maintenance, and management options in the 1940s. Not surprisingly, the university also developed a 100% online master’s degree in the field early on.
“We are the leading university for college aviation education and training,” said Associate Professor Yi Gao, who helped develop the Graduate Certificate in Aviation Financial Management and teaches the subject. “Our faculty is recognized for its expertise, not only in the United States but also internationally.”
For more information on Purdue’s Graduate Certificate in Aviation Financial Management, visit program website.
Writer: Greg Kline, 765-494-8167, [email protected]
Source: Yi Gao, [email protected]