Past Events
Wednesday 29 June 2016

Fundamentals of Journals Finance

This course is available as in-house training (members only), please contact Amanda Whiting. If you would like to attend the open course, please register your interest with Melissa Marshall.


Can you make any sense of the financial information provided to you? What do all those financial terms mean? This course provides an essential and in-depth look at journal finances with an overview of profitability, revenue streams and expenses. It also examines emerging industry trends such as open access and the impact on journals financial management. This course is specifically for non-finance budget holders new to budget management or those looking to take on responsibility for journals finance.


  • Understanding profit and loss statements
  • Producing a journal profit and loss budget
  • The balance sheet and cash flow in journals publishing
  • Financial ratios and how to analyze journal performance
  • Producing a journal forecast when things change
  • Emerging trends and their impact on journals financial management
  • Producing a five year financial plan for a new launch journal.

By the end of the course delegates will be able to

Produce budgets and forecasts for their journal. Review, analyze and report on the financial performance of journals. Play a leading role in journal financial management. Understand the annual cycle for budget and pricing decisions and understand and better influence a finance director’s perspective.

 Who should attend (Level 2 course)

This course is designed to provide an introductory overview for non-financial managers with responsibilities in journal publishing (e.g. publishing editors, managing editors and marketing managers) or to serve as a refresher for more experienced staff. The course will also be relevant to all publishing staff whose activities impact on overall journal profitability and is suitable for delegates from large and small publishers as well as society owned or listed companies.

Delegates should bring a calculator to this course.

Delegate comments

"Very good overview for someone who has no financial experience. Excellent opportunity to network with others working at a similar level." Lindsay Hook, Society for Endocrinology

"Fast-paced and enjoyable with just the right level of detail. The practical exercises were challenging but fun." Natalie Wilder, Society for General Microbiology

"Interesting content, very relevant, especially regarding the industry." Mohamed Desouky, Cambridge University Press


Kate Rudge, Oxford University PressKate Rudge

Kate is a Commercial Accountant for the Global Academic Business Division of Oxford University Press (OUP). Kate qualified as a chartered accountant and auditor in practice before moving to OUP in February 2011. She spent her initial year at OUP managing a team of accountants, who between them supported all the financial reporting needs of more than 150 society journals. Kate is now responsible for management reporting and budgeting for both academic and journals publishing with a focus on delivering margins.

 Oliver Callaghan, IOP PublishingOliver Callaghan

Oliver is the Group Financial Controller for the Institute of Physics (IOP). He heads up the group finance shared service centre and is part of the senior leadership team at IOP Publishing. Oliver is a qualified accountant and has worked in STM publishing for over 10 years - gaining experience across all aspects of journals finance from launching new titles and business models, through to technical matters such as VAT on international business. Oliver is also Director of IOP Enterprises, IOP’s events company based in London.

This course will commence at 09:30 (registration, with tea/coffee, from 09:00) and end at approximately 17:00
Members           £365.00 (+ VAT where applicable)
Non Members   £530.00 (+VAT where applicable)
Venue: West One (De Vere), 9-10 Portland Place, London, W1B 1PR, T: +44 (0)871 222 4832 (Map)
Contact: Melissa Marshall  T: +44 (0)1622 871035 E:

How to book
Please note that you will need to log in to your account or register a new account to book a place on this training course. If you have any questions about this please email Melissa Marshall or any of the ALPSP team. 

Very comprehensive and wide ranging, yet focused and detailed too. A huge amount packed into one day.

Naomi Warren, SAGE Publications

Upcoming Dates for this event

  • Wed 29 Jun 2016
  • Wed 29 Jun 2016
  • West One, 9-10 Portland Place, London


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