In order for any business manager to be able to steer a brand toward success, solid financial knowledge is mandatory. This Financial Management Course Online, provides a comprehensive overview of the key financial considerations and demands of the modern business, serving as the perfect platform upon which to build or advance an existing management career.
Every member of the management team within any organisation will play a direct and important role in the brand’s financial performance. Some have more influence than others, but the overall financial ‘health’ of any brand or business is the collective responsibility of the whole management team. Without the appropriate training and experience, it can be extremely difficult to fully understand both the specifics of business finance and where you personally fit into the chain.
This easy-to-follow four-unit course introduces candidates to the most important corporate financial terminology, along with how to effectively and efficiently go about budget preparation on any scale. The budgeting process is broken down into its core elements to facilitate better understanding, along with ratio analysis and how to ensure a proposed budget is approved. Rounding off with crucial teachings on the subject of important decision making, successful candidates benefit from a comprehensive understanding of business budget planning and a wide variety of new career options/advancement opportunities.
Financial Management Course Online, consists of the following four units:
Unit 1 – The Fundamentals of Finance
In the first unit, the concept of business finance is explored along with the responsibilities and challenges of the professional budget planner. Candidates are also introduced to the critically important accounting cycle.
Unit 2 – Budget Planning Basics
The basics of budget planning form the core focus of Unit 2, which centres on how to define a budget, the various types of business budgets and the core elements of a budget. The budgeting process is explored in-depth, building on the theoretical teachings of Unit 1.
Unit 3 – Monitoring and Managing Budgets
The third unit takes an in-depth look at ratio analysis, covering what the term refers to, how it works and why it is of such critical importance. Candidates are also guided through a series of valuable teachings on how to ensure a proposed budget is successfully approved.
Unit 4 – Comparing Investment Opportunities
In the fourth and final unit, course content moves onto investment opportunity comparison, incorporating teachings on cost-benefit analysis, evaluating potential investment returns, sound decision-making in a business context and ISO 9001:2008.
Paying in Instalments: £395 (Interest FREE Instalments)
No of Instalments: 12
Each Instalment: £25
Pay in Full: (£80 Discount) £315
At the end of this course successful learners will receive a Certificate of Achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).
The course itself has been designed by BOLC to meet specific learners’ or employers’ requirements. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process.
What is ABC Awards
ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government. They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF). It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards also offers over 600 Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Upon completion of the financial management course, you will find yourself benefiting from enhanced promotion and career prospects in general. Those already in employment will be in a better position to pursue promotion, while newcomers to the job market will have much greater appeal in the eyes of employers. Salaries in financial management vary from around £20,000 to more than £50,000 for the right candidates.
200 Hours Approx.
No entry requirement.
Studying with BOLC gave me the confidence I needed to put my home-business dreams into action. I was amazed how much I picked up by studying in my spare time, I also cannot fault the customer care team. Top marks all round
I chose BOLC’s Level 4 Business Diploma as I wanted to be taken seriously as a contender for promotion. The results speak for themselves – two years on and I’m managing the team I was previously a part of.