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SHORT COURSE

SN Short Course 1 for Testing

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$100.00

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 Self paced

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There is a lot of hype around new SN testing courses for the not-for-profit sector, and it is creating a fundamental shift in the way programs are designed. Together we explore the brave new world of payment by outcomes, how it is changing the sector at large, and what this means for you in your work.

About this course

This is a self-paced online course with a small fee

If you work in the not-for-profit (NFP) sector, it’s likely you’ve heard the latest buzz words, social return on investment (SROI), social impact investing (SII) or social impact bonds (SIBs), or as they are also known - social benefit bonds (SBBs). These NFP financing models have emerged from the landscape of outcomes-based funding, influenced by the emergence of social finance and impact investing.

This course will explain how these financing models work, the trends that are driving their popularity and how they are impacting the sector. With the help of industry specialists, online discussions and case studies, this course will help you understand, and potentially seek, outcomes-based funding for your own programs.

Course structure

This course will provide you with insight into why payment for outcomes has emerged, what the realities are for not-for-profit organisations and how to decide whether these funding approaches are applicable and the right fit for your programs. The course seeks to help you:

  • Understand the drivers and sectoral trends leading to this model of funding
  • Unpack the social impact bond structure, and how it compares to traditional models of program funding, and
  • Explore some of the academic literature and arguments both in support of and also critiquing these models of funding, including a discussion of some of the ethical considerations associated with payment by outcomes models.

 

Learning outcomes

  • Understand the current landscape of outcomes based funding
  • Critically analyse the the drivers and considerations for commissioners
  • Understand social impact bonds and impact investment
  • Critically analyse the benefits and limitations of outcomes based funding models
  • Understand common methods to financialise of outcomes, including social return on investment
  • Asses whether these models are appropriate for your program.

Who is this course for?

This course is recommended for anyone working in the not-for-profit sector, particularly those focused on fundraising, program delivery and social impact evaluation.

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Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.

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