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Financial Management Award

Aim: The 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 module 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

The specific learning outcomes are grouped into 4 units -

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

 

Preferred Entry Level FETAC Level 5, Leaving Certificate or equivalent qualifications and/or relevant life and work experiences.

Upon successful completion of this course learners will be awarded FETAC Certificate Level 6, component module L32494



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