BCF 221 Intermediate Financial Management Concepts
This course expands upon the fundamentals course arming the learner with a solid working knowledge of financial management concepts and processes as applied to Defense acquisition programs. Topics include; cost estimating; acquisition strategy; Planning, Programming, Budgeting and Execution (PPBE); budget exhibits; congressional enactment; program execution; contract types and contract execution. The highlight of this course is the interactive capstone exercise that focuses on the Execution phase of the DoD’s PPBE process. Graduates should find themselves well prepared for the follow on course that applies DoD financial management concepts and processes to various challenges mid-level managers will encounter in Defense acquisition processes.
Download Course Objectives
Target Attendees
Mid-level financial management professionals supporting DoD acquisitions.
Predecessor Course(s) (Acceptable substitutes for meeting current course prerequisite and certification standards)
Predecessor Predecessor Course Title PDS Code Accepted Until
BCF 211B Acquisition Business Management, Part B RG5 01-Oct-2010
▲ OR ▼
BCF 211 Acquisition Business Management PGD 01-Oct-2020
▲ OR ▼
BCF 220 Acquisition Business Management Concepts ZRQ 01-Oct-2020
Course Length
Approximately 9 hours to complete
Additional Course Information
Delivery Mode  Distance Learning
Equivalent Courses  None
ACE Recommended Credits  None
PDS Code  ZB9
Current CEU, CLP and RRP      Click here for Previous Allocation
Continuous Education Units  0.9
Continuous Learning Points
Reservist Retirement Points 2  
  • Completing BCF 110, BCF 130 and EVM 101 prior to registering is recommended.
  • (Click Here) for the technical requirements for this course.
  • All exams in this course must be passed with a minimum score of 80%. You will have 2 opportunities to retake an exam in its entirety. After a 3rd failure, you will automatically be restarted in the course.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.