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Research Skills: Financial Management

Financial Management skills required of excellent PhD or doctoral students

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SocialLearn
12 November 2010

An excellent researcher at doctoral or PhD level:

  • Understands the basic principles of financial management.
  • Has commercial awareness.

Looking ahead, a doctoral student can aim to become an excellent early-career researcher who:

  • Appreciates and recognises the significance of financial management systems. Keeps basic accounts and reconciles them.
  • Manages own grant.
  • Develops deeper commercial awareness.

Note: These skills are identified in the UK Researcher Development Framework – where they appear as C3.2 Finance, Funding and Resources: Financial Management

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