events | 25 November 2020

Principles of Financial Management

The Principle of Financial Management module seeks to provide students with the skills necessary for an entrepreneur or senior executive within an SME to understand the role of financial management of the business. The course also covers the development of financial management skills as the basis for improved monitoring and management of the financial affairs of the SME organisation.

The Principles of Financial Management is an EQF/MQF Level 7 course accredited with 8 ECTS credits. The Principle of Financial Management module seeks to provide students with the skills necessary for an entrepreneur or senior executive within an SME to understand the role of financial management of the business. The course also covers the development of financial management skills as the basis for improved monitoring and management of the financial affairs of the SME organisation. This course is a module which forms part of the Masters in Entrepreneurship Programme. The duration of the course is 6 weeks and delivered fully online.

The course seeks to identify best practice and provide an overview of current financial management tools and services that are available to entrepreneurs and managers of SMEs. The course enables students to use such tools allowing them to develop, implement and monitor their own financial management programmes. The focus throughout the programme is the importance of managing the cost of control, to ensure that the control process itself is well managed and is appropriate to the scale and complexity of the SME organisation.


Knowledge at the end of the module:

  • Describe the relationship between business risk reduction, diversification, return on investment and insurance coverage.
  • Identify the investment decision process and its practical application based on which further independent research is to be carried out in order to arrive at possible solutions.
  • Match the role of different asset classes, their behaviour in isolation and in relation to other asset classes, and an understanding of how portfolios of investments can be constructed and analysed.
  • Identify the managerial economics theories applicable to the needs of an organisation.
  • Describe the processes of the financial markets and the implications of floating your organisation on the stock exchange.


COURSE DETAILS


Programme: Principles of Financial Management

EQF/MQF: Level 7

Credits: 8 ECTS

Delivery & Duration: Online – 6 weeks

National & EU Accreditation by: NCFHE

Scholarship & Grant Incentives: Get Qualified & Training Pays Scheme

Cooperation Partners
  • Malta Association of Credit Management
  • Malta Employers' Associations