Additional Info
Upon successfully completing the course, you will be able to get 70% of the course fees back 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:
- Critically analyse the financial environment within which elderly care organisations operate.
- Critically evaluate the competitive and regulatory forces that shape healthcare industry.
- Critically evaluate alternative sources of finance and investment opportunities for elderly care organisations.
- Assess the factors taken into consideration for investment decisions and opportunities for elderly care organisations.
Knowledge:
At the end of the module/unit the learner will have been exposed to the following:
Introduction to Finance in Elderly Care Organisations
- The theoretical and practical role of financial management in elderly care organisations
- Financial performance analysis and capital requirements
- Finance and elderly care sector stakeholders
Financial Risk Management
- The risks involved within the context of financial decision-making
- The financial decision-making process analysis
- Critically analyse capital budgeting techniques under risk and uncertainty.
Elderly Care/Healthcare Market Structure
- Market Structure
- Competition
- Financial Regulations
Healthcare/Elderly Care Economics
- Contractual Relations
- Commercial Revenues
- Networks and Economics
Sources of Finance
- Sources of Funds
- Equity Shares
- Risk Management and Hedging
Financial Planning for Elderly Care
- Financial Planning
- Banking Perspective
- Business Planning and Financial Management
Skills:
At the end of the module/unit the learner will have acquired the following skills:
- Devise the alternative ways of financing an elderly care organisation and its operating assets.
- Construct a financial plan, given an understanding of financial management.
- Analyse the relationships between an elderly care organisation’s financial management and the underlying economic drivers of the healthcare/elderly care industry.
- Manage, plan and coordinate cashflow and capital of elderly care organisation or its part; · Forecast financial resources to ensure future developments as relevant to elderly care organisation.
Judgment Skills and Critical Abilities:
The learner will be able to:
- Collect, analyse and interpret data/information to support arguments, and to develop and apply ideas and make financial decisions.
Module-Specific Communication Skills:
The learner will be able to:
- Communicates ideas, problems, and solutions to both specialist and non-specialist audiences using a range of techniques involving qualitative and quantitative information to sustain arguments.
Module-Specific Learner Skills:
- Undertake independent and self-directed study through researched literature reviews.
