Finance Course (QQI Level 6)

This QQI Level 6 Finance module is designed to provide the learner with understanding, knowledge and practical skills required to understand the basics of finance and how money works.

Learners who successfully complete this course will:

• understand financial jargon
• develop an awareness of the key elements to good financial management
• demonstrate their ability to read financial statements
• be able to assess financial viability and performance
• develop their confidence in communicating regarding financial matters
• appreciate the importance and the elements of monetary control within an organisation
• be familiar with the time value of money.

Topics covered include:

• Unit 1: Understanding Financial Statements
• Unit 2: Budgeting and Cashflow Management
• Unit 3: Costing & Pricing
• Unit 4: Capital Budgeting

Entry Requirements / Prerequisites:

• Level 5 certificate or equivalent in a relevant subject area (Business) and/or relevant practical experience (3 years minimum) – Please ask about our requirements surrounding Recognition of Prior Learning (RPL) for entry.
• Mature students (over 23 years) may be exempt from the above prerequisites.
• English Language Requirement: Students entering programmes leading to awards at Level 6 are expected to be able to: fluently read, draft, prepare and understand complex information, including quantitative information, that is personally relevant and reflecting a broad knowledge base. For example, this might include text and other information relating to abstract theoretical ideas, concerns or procedures, such as local planning concerns in relation to broader spatial strategy, political issues in relation to particular agenda, budget plans/ specifications.
• Learners undertaking this programme must have basic IT skills and access to the necessary equipment to enable them to undertake an online programme: computer, broadband, email, Microsoft, recording equipment necessary for some skills demonstration tasks, and where applicable any other specialised software/equipment.
• As this programme is delivered through distance learning or eLearning, students must be capable of studying on their own initiative.

Progression to further Studies:

This course leads to a level 6 award on the National Framework of Qualifications. You can use this credit towards completing a major award in any of the following Major awards:

• 6M5013 Administration
• 6M4985 Business
• 6M4587 Management.

Assessments:

Examination: 60%
Assignment: 40%

Course Link