Financial management essentials
Credit Type:
For-Credit
Credits Available:
15 Credits
Course Level:
Postgraduate
Academic Direction:
University College London
About the course
This course aims to provide a sound understanding of key issues and applied methodologies concerning financial management-related decisions and their implementation, consequences and outcomes.
It seeks to engender in students as managers an ability to take financial management ideas and principles and apply them in the context of work-based scenarios. That process is accompanied by an ability to critically analyse and evaluate both the theoretical underpinnings and the outcomes of practical applications. These characteristics and attributes are placed specifically in the context of the intersections between elements, as appropriate, of financial accounting, managerial accounting, and corporate finance.
Recommended learning hours: 150
Course details
- Credit Type: For-Credit
- Study Method: Online, flexible
- Learning Outcomes: On successful completion of this course, students will be able to:
- Understand key managerial finance issues and approaches to their management.
- Understand the significance of effective working capital management and apply selected techniques for its effective management.
- Identify and appraise investment opportunities, taking account of cost of capital and risk.
- Identify and evaluate sources of finance in the context of implications for capital structures and returns to shareholders.
- Identify, apply and critique approaches to determining shareholder value, and returning value to shareholders.
- Identify, apply and evaluate methods to value a business.
- Career Opportunity: This microcredential equips learners with the ability to make informed financial decisions, a skill highly valued across industries, including in roles in financial analysis, business analysis, corporate finance and management consultancy. The knowledge gained is also relevant for leadership positions where strategic financial planning and investment appraisal are critical.
- Target Learners: Ideal for students who aim to broaden their understanding of financial principles within a business context. It suits individuals aspiring to managerial roles or those seeking to integrate financial decision-making into technology-driven environments.
- Estimated Time to Complete: 10-20 weeks
- Maximum Registration Period: 1 Year
- Entry Requirements: To be eligible for the course, you must have:
- an undergraduate degree which is considered at least comparable to a UK third class bachelor’s degree , OR
- at least two years’ relevant professional experience at a graduate level, AND
- a high standard of English, equivalent to an IELTS score of at least 6.5 overall with 6.0 in the written test, or a Duolingo score of at least 120.
- Tech/Computer Requirements: We set minimum computer and web access requirements for online study. These are updated from time and can be found at https://www.london.ac.uk/study/how-apply/computer-requirements.
- Prior Knowledge: This is a UK postgraduate academic course – if you do not have the required educational or professional background, you will likely find it very challenging. While you can self-certify that you meet the admissions criteria, we reserve the right to ask you for evidence of your qualifications at any time.
- Skills Acquired:
- Strategic financial decision-making
- Working capital management
- Investment appraisal and risk evaluation
- Financing and capital structure management
- Business and shareholder value assessment
- Start Anytime? Yes
Microcredential Courses
- Course Level
- Postgraduate
- Subject Area
- ACAFM Accounting and Financial Management
- Academic Direction
- University College London