Naval Postgraduate School Master of Science in Financial Management (MSFM)

DESCRIPTION

The Master of Science in Financial Management (MSFM-Curriculum 857) educates students with the latest knowledge and skills in defense-focused financial management. The program supports continuous financial management reform initiatives mandated by Congress and senior leaders, with a focus on efficient and effective expenditure of public funds. Graduates also earn an NPS graduate-level academic certificate: DoD Financial Management with both the Data Analytics Track and the Audit Track (Curriculum 196).

No previous financial management experience is required for admission. This 24-month graduate degree is a part-time, distance learning program. The online instruction brings the classes to the students, permitting students to continue supporting the mission of their command/agency.

PROGRAM DETAILS

Students enroll in two online courses per academic quarter for eight consecutive quarters using Zoom for Government. Classes meet on Tuesday and Thursday, 0800-1100 Pacific Time. Students are required to be online during class for synchronous, live interaction between professors and students. A microphone is required for class participation and a web camera is strongly encouraged. There is no residency requirement at NPS for this program. Graduation participation at NPS is optional.

  • Tuition is centrally funded by USAASC with students incurring a continued service obligation. Contact Uhura Smith at email uhura.n.smith.civ@army.mil for continued service agreement obligation details.
  • The Army DACM Office will reimburse participants a maximum of $250.00 for textbooks per course.
  • Students are required to use a computer on which RStudio statistical software can be downloaded.
View Course Descriptions

KEY DATES

Application period opens: September 15, 2025
Application period closes: October 21, 2025
NPS Online Application Deadline: October 15, 2025
Cohort Dates: March 31, 2026 – March 31, 2028
Continued Service Agreement Dates: 31 March 2028 – 31 March 2030

ELIGIBILITY

Requirements for admission:

  • Undergraduate degree from an institutionally accredited four-year university or college.
  • A minimum GPA of 2.2 on a four-point scale.
  • A minimum of one college-level mathematics course.
  • No GRE is required.

WHERE TO APPLY

The MSFM application process requires completion of two applications:

  • Complete the NPS online application.
  • Complete the Army DACM MSFM application for consideration of funding.

Instructions for completing Part One and Part Two are below.

1. Complete an NPS online application: https://nps.edu/web/admissions/apply.

The NPS online application deadline is 15 OCT 2025 for USAASC applicants. If you are unable to access the NPS online application from your government computer, you will need to apply using a non-government computer. If you experience problems with the online application, contact NPS Admissions (admissions@nps.edu).

Complete all steps of the online application, using the following information for completing Steps 1, 2 and 5.

  • Step 1 of NPS online application: Selected Program
    Program Delivery: via Distance Learning (DL)
    Program Type: Master’s Degree
    Program: Financial Management (DL): Curriculum 857
    Starting Quarter: 2026/3: (Spring, 3/30/2026 to 6/18/2026)
  • Step 2 of NPS online application: Employer Information
    Be sure to input your Federal Occupational Series (FOS) (example: 0501). Although the online application does not have an asterisk next to this information to indicate it is required, the NPS Department of Defense Management requires this information. Your application cannot be considered without your Federal Occupational Series (job series number).
MSFM Employer Information Application Screenshot
  • Step 5 of NPS online application: Additional Requirements
    Requires that you provide Funding POC information.
    Funding POC Last Name: SMITH
    Funding POC First Name: UHURA
    Funding Mail Address: 9900 Belvoir Road, Bldg 201, Suite 101, fort Belvoir, Va 22060
    Funding POC Email: uhura.n.smith.civ@army.mil
    Funding POC Phone: 520-671-0130
    Do not enter your personal information as the Funding POC.

2. Submit your official transcripts to NPS Admissions.

  • After submitting your application, official transcripts must be ordered from all undergraduate and graduate institutions attended and be delivered from the institutions directly to NPS Admissions or via the institution’s designated transcript exchange service.
  • NPS does not accept transcripts submitted by the applicant.
  • Transcripts must be electronically delivered to admissions@nps.edu or mailed to:
    Admissions Office (Official Transcripts)
    Naval Postgraduate School
    1 University Circle, Herrmann Hall 061A
    Monterey, CA 93943

INSTRUCTIONS FOR HOW TO APPLY FOR CONSIDERATION OF FUNDING BETWEEN
15 SEPTEMBER 2025 – 21 OCTOBER 2025

Read Army DACM eligibility requirements, required documents, and complete the Army DACM MSFM application for consideration of funding.

Army DACM eligibility requirements

  • Must be coded as “1 – Permanent – Tenure Group 1” in the DCPDS.
  • Be a GS-12 through GS-15 or broadband/pay equivalent.
  • Meet DAWIA position certification requirements or be within the certification grace period.
  • If STRL applicant must have 2 years left on term to fulfill 2-year period of obligated service on CSA after graduation.

Complete an Army DACM MSFM sponsored application by logging into CAPPMIS at:
The application process is located online in the Army Acquisition Professional Development System (AAPDS). To access AAPDS,

  • Log into the Career Acquisition Management Portal (CAMP) at https://apps.asc.army.mil/camp/.
  • Click “CAPPMIS”.
  • Click “AAPDS”.
  • Click “APPLY”.
  • Find NPS-MSFM (857-263) Education Opportunity in the list and click the associated “Apply” link in the rightmost column.

A blue “apply” link will only be available to those AAW civilians who are eligible to apply to the program. Please contact the DACM Office Program Manager at uhura.n.smith.civ@army.mil for assistance.

Follow instructions within each section and click the “Submit Application” button when you have completed your application.  If you would like to save your work and return to your application later, click the “Save” button.

REQUIRED DOCUMENTS FOR APPLICATION

  • NPS-MSFM (857-263) Applicant Data:
    1. Select “Masters” for the degree.
    2. Select “Naval Post Graduate School” for the school.
    3. Select “Master of Science in Financial Management” for the major.
    4. A valid work number and email address are required in your application.
  • Verifications: Check the small boxes next to “Applicant’s Email Address”, “Supervisor Information”, and ACRB in the application to certify your email address, supervisor’s information and ACRB are correct. If these boxes are not checked, you will receive an error message when you attempt to submit your application.
  • Acquisition Career Record Brief (ACRB): Within CAPPMIS, the latest version of the ACRB will automatically be uploaded into AAPDS online application. Ensure your ACRB is updated and correct prior to submitting your application. Applicants may update and correct specific fields of their ACRB using the edit functions within CAPPMIS. For the areas on the ACRB that cannot be changed by the applicant, please request assistance using our Army DACM Office online help request at https://apps.asc.army.mil/camp/index.cfm?fuseaction=support.help.
    Applicants should pay particular attention to the training, education, and assignment history sections of the ACRB, ensuring that the information is accurate. The training section should reflect the completion of top-level relevant training and formal leadership training, such as CES and ALCP.
  • Senior Rater Potential Evaluation (SRPE): The SRPE is a critical piece of the application. In accordance with DACM SRPE Policy at https://apps.asc.army.mil/camp/apps/cappmis/modules/srpe/assets/documents/SRPE_Policy_JUL2020.pdf and the SRPE Guidance at https://apps.asc.army.mil/camp/apps/cappmis/modules/srpe/assets/documents/SRPE_Guidance_JUL2020.pdf, both dated 1 July 2020, the applicant’s SRPE must be completed by both the Rater and Senior Rater (SR). The SR must be a supervisor and senior in grade/organizational position to the rated employee.
    • Applicants must have at least one SRPE and that SRPE must cover the period Oct. 1, 2023 – Sept. 30, 2024. The SRPE must be completed and generated using CAPPMIS. Of note, the SR should not use bullet comments; rather, narrative comments to support the overall rating are highly suggested. Senior Raters should view a SRPE as the equivalent to a “complete the record OER” and should provide supporting comments accordingly.
    • For additional information on the completion of the SRPE, Senior Raters should refer to the USAASC SRPE web page https://asc.army.mil/web/senior-rater-potential-evaluation/.
    • Instructions/tutorials are available in CAPPMIS to assist the Rater and Senior Rater in completing the SRPE. The SRPE form must be completed in CAPPMIS by your supervisor and Senior Rater and will automatically upload into your online application. The SRPE must be completed/finalized in CAPPMIS no later than the closing date posted in this announcement. Applicants should print and retain a signed copy of the SRPE for their records.
    • Failure to have a completed/finalized SRPE in CAPPMIS prior to the announcement closing date will result in the applicant being declared ineligible. The application will be denied and will not go forward to the Board for evaluation.
  • Command Endorsement (PDF file): Your command must endorse your participation in the NPS-MSFM program by preparing a memorandum in accordance with Army Regulation 25-50. Organizations who have multiple applicants applying to the current program announcement are required to rank order applicants in each Command Endorsement Memorandum. Each Command Endorsement Memorandum is limited to one page and must adhere to all guidelines below:
    • Be completed by and from the applicant’s first General Officer or Senior Executive Service Civilian in the chain of command. If the person signing the command endorsement is not a GO or SES but is “acting” in that capacity, “acting” must be shown in the signature block and;
    • Be on organizational letterhead and;
    • Be addressed to the following (but DO NOT MAIL): Director, Acquisition Career Management Office, Bldg 201, Suite 101, 9900 Belvoir Road, Fort Belvoir, VA 22060 and;
    • Be unique to the specific applicant and;
    • List top 3 qualities of the applicant and;
    • Directly comment on the applicant’s leadership ability and potential and;
    • Identify how post utilization training will be utilized in the command upon completion of the program and;
    • Include at least one potential thesis/capstone project research topic for the applicant to address while in school that has benefit to your organization and;
    • Be digitally signed and dated by the required completing official and;
    • Applicant uploads completed Command Endorsement into CAPPMIS/AAPDS.
  • Supervisor Endorsement (PDF file): The Supervisor Endorsement Memorandum is limited to one page and must adhere to the guidelines below:
    • It should be from the 1st level supervisor. The supervisor’s name must match the supervisor’s name in CAPPMIS and;
    • Be on organizational letterhead and;
    • Be addressed to the following (but DO NOT MAIL): Army Director, Acquisition Career Management Office, Bldg 201, Suite 101, 9900 Belvoir Road, Fort Belvoir, VA 22060 and;
    • Be unique to the specific applicant and;
    • Directly comment on the applicant’s current performance and;
    • List strengths of the applicant and;
    • Include the following statement:
      “I approve [insert applicant’s name] to participate in the NPS-MSFM program during duty time every Tuesday and Thursday from 0800 to 1100, (Pacific Time) whenever class is in session for the duration of the 24-month program, starting the week of “31 March 2026 – 31 March 2028.” and;
    • Be digitally signed by the required completing official and;
    • Applicant uploads completed Supervisor Endorsement into CAPPMIS/AAPDS.
  • Resume (PDF file): Resumes may not exceed 4 pages and must be submitted in a .pdf format. This is the applicant’s opportunity to highlight educational achievements, work experiences, skills, and accomplishments, which are key indicators to the preparation for and success as an acquisition professional. Applicants should also highlight their qualities and strengths instead of listing responsibilities. Ensure experience descriptions and dates match those in the ACRB. View/download resume guidance HERE.
  • Statement of Interest (PDF file): The applicant must create a personal “Statement of Interest” describing why you want to participate in the MSFM program. Please complete the statement of interest in accordance with Army Regulation 25-50.The Statement of Interest is limited to one page and must adhere to all guidelines below:
    • Be on organizational letterhead and;
    • Be addressed to the following (but DO NOT MAIL):
      Deputy Director of Acquisition Career Management Office, Bldg 201, Suite
      101, 9900 Belvoir Road, Fort Belvoir, VA 22060 and;
    • Directly address applicant’s career goals and leadership path and;
    • Address reasons for desired selection in the program and;
    • Explain the benefits Army acquisition will gain upon applicants’ completion of the program and;
    • Be digitally signed and dated by the applicant and;
    • Upload completed Statement of Interest into CAPPMIS/AAPDS.
  • NPS Conditional Letter of Acceptance: After you submit your NPS online application, NPS Admissions will email you a “Conditional Letter of Acceptance” to acknowledge you have applied for the MSFM. Contact NPS Admissions at admissions@nps.edu for additional information. Applicants must upload into AAPDS a copy of the NPS “Conditional Letter of Acceptance” obtained from NPS Admissions. You must meet all NPS academic requirements and Army DACM eligibility requirements to participate in the program if you should be selected for participation by the Army DACM Office.
  • Continued Service Agreement (CSA): The Army Director, Acquisition Career Management Office requires that Army Acquisition Workforce (AAW) civilians complete a CSA as part of their application process. Supervisors will ensure the AAW civilian is informed in advance of this requirement. The period of obligated service will be 24 months from the completion date of the program. View/download the CSA HERE. Complete the form as follows:
    • Enter 31 March 2028 to 31 March 2030 as the period of obligated service.
    • Digitally sign, date, and print the CSA.
    • Upload the completed SA into CAPPMIS/AAPDS.
  • Individual Development Plan (IDP): You must add all 16 courses below to the “Education Plan” section of your IDP and obtain supervisor’s approval. To add the courses to your IDP, log into CAPPMIS at https://apps.asc.army.mil/camp/. Click on the IDP tab; click the planning tab. Courses must be added under the “Education Plan” section of your IDP in CAPPMIS. Once you have confirmed you are in the “Education Plan” section of your IDP, click “Add Course” and complete the following fields:
      • Course ID: Retrieve Course ID from NPS-MSFM curriculum
      • Course Title: Retrieve Course Title from NPS-MSFM curriculum
      • Projected Start: use dates from NPS Academic Calendar
      • Projected End: use dates from NPS Academic Calendar
      • Status: Select “Planned” from the drop-down menu
      • Provider: Naval Postgraduate School, Monterey, CA
      • Objective: Required Course to complete the NPS-MSFM program
      • Point of Contact: Leave Blank
      • Continuous Learning Points: Leave Blank
      • Course Hours: Leave Blank
      • Course Type: Leave Blank
      • Estimated Book Cost: Leave Blank
      • Estimated Tuition Cost: Leave Blank
      • Planned Funding Source: Select “AETE-NPS” from the drop-down menu
      • Click the “Save and Finish” button after entering each class
      • Complete the required fields for each class until all 16 courses are added onto your IDP
      • Check boxes for supervisor’s approval

CAPPMIS will automatically generate all courses from the IDP into the online application only after the applicant correctly completed the above steps.

  •  Unofficial Copy of NPS Transcript: Participants are required to provide an unofficial copy of their NPS transcript to the Army DACM Office NPS-MSFM Program Manager via email showing grades for completed courses no later than 30 days after each course completion date. The program manager will award CLPs and officially post grades in AAPDS/Student Manager Module after the student provides an unofficial copy of their NPS transcript to the program manager via email at uhura.n.smith.civ@army.mil.

 

REIMBURSEMENT TO THE FEDERAL GOVERNMENT

Reimbursement is required under the following situations:

  • An “incomplete”, “failed”, or a grade less than a “B” in a course.
  • “Drop” or “withdraw” from a course after the course start date.
  • Withdrawal from the program after program start date.

All reimbursements must be made by money order, personal or certified check and payable to the U.S. Treasury and mailed to:

Army DACM Office, U.S. Army Acquisition Support Center
ATTN: Acquisition Training and Education Manager (Uhura N. Smith)
9900 Belvoir Road, Bldg 201, Suite 101
Fort Belvoir, VA 22060-5567

CONTACT

Uhura N. Smith
Acquisition Training and Education Manager, USAASC – Army DACM Office
uhura.n.smith.civ@mail.mil
(520) 671-0130

Dr. Christina Hart
Distance Learning Program Director, Department of Defense Management
cchart@nps.edu
(831) 656-6269
https://online.nps.edu/w/857-financial-management?inheritRedirect=true