This report focuses on the methodology and content of a distance education course on strategic financial management organized by the International Institute for Educational Planning from May to July 1999 for 15 universities in Southern Africa. Between three and five staff members participated at each of the universities. The course used written support material, individual work on task, group work, feedback from the course instructors, and interactive electronic exchanges (e-exchanges) among participating universities as the basic elements of its instructional methods. Communication was organized through e-mail over the Internet. According to the comprehensive evaluation of the course, the key objective of institutional capacity building was met successfully. The course also demonstrated that one advantage of distance education is that it makes training available in a more flexible mode to a larger number of participants. Appendixes contain a list of participants and the course calendar. (SLD)