Most clergy graduate from seminary or divinity school with little or no training in financial management or administration to assist them in leading a church congregation. Ancillary entities such as schools and pre-schools further complicate financial management. This four-week course is designed to help pastors and ministry staff to identify important management considerations in order to be faithful stewards of the resources entrusted to them.
This course, part of the Church Administration Certification series, is not designed to teach the “nuts and bolts” of accounting, financial reporting, or financial management. Rather, this course provides an overview of church financial administration and management for professional ministry staff.
It is also designed to provide pastors with enough knowledge to ask the right questions of their staff and advisory committees, and an intuition of common pitfalls of church financial management, to help guard against imprudent financial practices.
This knowledge and intuition can help pastors and ministry staff to be faithful stewards of the resources entrusted to them by their congregants, so that they can be prudently used to help build and advance the Reign of God in the congregation and in the community.
By the end of this course, you will be able to:
- Connect Gospel-based financial stewardship to the best practices of transparent, ethical financial management.
- Explain common financial risks in church operations and correlating strategies to avoid exposure to common legal and tax issues that occur in church finances.
- Apply financial management tools and strategies—church financial statements, congregational financial reports, audits/internal control reviews, etc—to steward a trusting, transparent relationship between church leadership and the congregation.
- Analyze contingencies and financial challenges by critiquing case studies of real-life financial issues in the church, to determine what went right, what went wrong, and what should have been done.
Instructor

Russell Elmayan earned his M.B.A. from Duke University, his D.Min. from Duke Divinity School, and a Master of Pastoral Studies from Loyola University. In addition to serving as a course instructor for Duke Divinity School, he serves as the chief financial officer/chief operating officer at The Catholic Diocese of Raleigh, N.C.
Elmayan has for-profit and not-for-profit executive-level experience. He has extensive experience presenting to senior management and boards, banking relationships, pension and retirement funds, employee benefits and health insurance, financial planning and analysis, corporate real estate, property and casualty insurance, and coordination of legal counsel. In addition, he has provided oversight for finance, human resources, institutional advancement, property and construction, legal counsel, and charitable outreach.
If you are a Duke alum with a degree from Duke University, you can take this course for free. You will need a Duke OneLink account, and then you will need to log into the Coursera for Duke Alumni portal Link opens in new tab.
If you do not already have a OneLink account, use these instructions to register for an account Link opens in new tab. Please note that after submitting the required information on the OneLink site, you will be emailed a link to complete the process, which expires after 7 days. Please be prompt in visiting that link so you can finish creating your OneLink account within that time frame, or you will have to start over.
Once you have a OneLink account, you can visit the Coursera for Duke Alumni portal Link opens in new tab. You will log in with your OneLink credentials, and then you will be able to search at the top of the page for this course. Once you select the course, select the button that says Enroll for Free.
If you encounter questions, please visit the Coursera for Duke website and use the instructions provided there to ask for help.
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