Financial Management
6 Credits (ECTS)
Financial Management
Get 70% back via Tax Credit
€613 refund on this module
Module Description
This module will equip you with the required financial knowledge of organisations.
You will learn how to manage a company’s finances using modern management methods, how to collect data from financial statements, as well as evaluate a company’s financial situation and development perspectives.
In addition, you will be given the tools and techniques to forecast and plan the financial activities of a company.
This module will also highlight various aspects of financial management, including the time value of money, discounted cash flow analysis, capital budgeting and net present value calculations.
You will also be guided in employing efficient market hypothesis, portfolio theory, dividend policy theory and practice, and considering the ethical dimensions of financial management.
Entry Requirements
Candidates who apply for this course must possess one of the following:
- a Level 6 degree in a related field;
OR
- a Level 5 diploma or higher diploma in a discipline related to finance or equivalent, and 5 years’ work experience in a supervisory or managerial role within the sector.
Preference is given to applicants having a Level 6 degree in a discipline related to finance and a minimum of 3 years’ work experience in management within the sector.
Target Audience
This course is targeted at management professionals with supervisory and/or middle management experience such as:
- Operations Manager/ Coordinator
- Financial Manager
- Supply Chain Manager
- Shop Floor Manager/ Supervisor
- Marketing and Sales Manager
- Services Manager/ Supervisor.
- Retail Managers/ Supervisors
- Transport Managers
- Maintenance Managers
- Marketing Managers
The target group focuses primarily on people already employed within supervisory and managerial roles who wish to have a more thorough background in the subject in order to progress further in their careers.
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Career Paths
The programme aims to prepare you for senior posts such as that of General Manager, Head of Department or Director of any organisation, both in the private and public sector.
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
- Dissertation 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.
Additional Info
Upon successful completion of this course, students will be eligible for a 70% refund of the cost through the ‘Get Qualified’ scheme.**
Due to the modular structure of the course, you may also opt to take individual modules as stand-alone. The entry requirements still apply.***
*Prices are applicable to students who reside in Malta at the time of applying.
**Terms and conditions apply.
Learning Outcomes
Competences:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- Assess critically the financial environment within which organisations must operate.
- Critically evaluate the financial objectives of various types of organisations.
- Critically discuss the function of capital markets.
- Critically evaluate alternative sources of finance and investment opportunities.
- Assess the factors taken into consideration for investment decisions and opportunities.
- Critically analyse own organisation performance and make appropriate recommendations.
Knowledge:
At the end of the module/unit the learner will have been exposed to the following:
- Critically appraise both the theoretical and practical role of financial management in business corporations.
- Analyse the finances of own corporation both in terms of performance and capital requirements.
- Evaluate the critical role shareholders play within modern corporations.
- Critically asses the risk involved within the context of financial decision-making.
- Analyse the financial decision-making process and critically evaluate its impact on future investments.
- Compare and interpret the different financial evaluation and assessment methods.
- Critically analyse capital.
Skills:
At the end of the module/unit the learner will have acquired the following skills:
- Apply classical and modern methods of financial analysis and evaluation.
- Critically evaluate own company’s assets/liabilities.
- Manage, plan and coordinate own company’s cashflow and capital and assess periodically.
- Forecast financial resources to ensure future developments.
- Plan investment projects and analyse company’s investment policy.
- Critically evaluate the company’s market value and provide action plans to increase own company’s value.
- Access and use financial information to research to assess current situation.
- Select and apply techniques in managing working capital appropriately.
Module-Specific Digital Skills and Competences:
The learner will be able to:
- Navigate through the online learning platform to find assignments, discussion boards, literature, tutorials etc.