Advanced Financial Management

Module Description

This module adopts a hands-on approach to cultivate professional judgment among students, enabling them to act as competent advisors capable of making informed decisions concerning a firm’s financial management.

Through practical exercises and case studies, students develop the skills to analyze complex financial data, assess risks, and identify opportunities.

Emphasis is placed on fostering critical thinking and problem-solving abilities, ensuring that students can confidently navigate real-world challenges in financial decision-making.

By honing their professional judgment, students are prepared to provide valuable insights and recommendations to support the effective financial management of organizations.

Entry Requirements

Candidates who apply for this course will hold a:

• Level 6 Degree related to one of the following areas: Finance and/or Accounting. 

 OR 

• Level 6 degree not related to Finance and/or Accounting and a minimum of two years relevant experience (subject to interview by admissions board) 

OR  

• Level 5 Diploma or Higher Diploma related to Finance and/or Accounting and 4 years’ work experience preferably in a position related to the subject area of this programme (subject to interview by admissions board). 

In the case of mature students who do not possess all the formal required academic qualifications, then the RPL process could be applied such that if evidence of equivalent learning is found then the applicant could still be accepted in the course. Such RPL process will subject applicants to an interview held with a board of experts within the field, chosen specifically by IDEA Academy, so as to verify their experiences and prior learning.

IDEA Academy will accept in transfer up to two of the ACCA Strategic Professional examinations completed by prospective students, these being one or maximum two of the following:

• Strategic Business Leader
• Strategic Business Reporting
• Advanced Financial Management
• Advanced Audit and Assurance

Students whose first language is not English will be required to demonstrate English language capability at IELTS level 6.0 or equivalent.

Target Audience

• Individuals seeking to advance their academic and professional knowledge in Accounting. 
• Individuals who already have a good foundation in accountancy and would like to take their studies a step further by embarking onto professional modules intended to broaden their knowledge for them to work independently and become certified public accountants and registered auditors. 
• Individuals wanting to pursue a wide range of accounting, consulting, financial, and managerial career paths with the intention of leading a team of individuals and helping their junior staff progress as well as assisting their employers in making the right decisions. 
• Individuals wanting to enhance their ability to interpret, assess, and communicate financial related data in a way that ensures proactivity and, to a certain extent, devise strategies for the business.

Career Paths

The programme prepares for positions such as and not limited to:

• Business Strategy Role 
• Chief Financial Officer 
• Income Tax Specialist 
• VAT Specialist 
• Senior Managerial Role 

How you’ll be assessed

The course comprises:

• Evening classes for part-time courses.
• Classes held throughout the day for full-time courses.
• Guided learning, presentations, comprising synchronous online discussions, tutorials and/or videos.
• Self-study hours comprising research, reading and assignment work.

Assessment

Assessment is carried out via two mandatory components:

• Modular Assessment
• Summative Assessment

The programme includes different forms of assessment which allow for and promote students’ critical engagement. The formative and summative assessment tasks may include an in-class assignment and/or a home-based written assignment using diverse assessment tools which may take the form of online and in-class discussions, examinations, case studies, reports, proposals, essays, and presentations, etc., as applicable to the diverse modules.