Financial Management Comprehensive Course Breakdown

Financial Management Comprehensive Course Breakdown

Would you like to advance your career? You can do just that with this Financial Management Comprehensive Course.
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What you need to know

Entrance Requirements

With our open entry policy, you don’t need matric or any other qualification to do this course. Due to the subjects in this course being taught in English, all you need is to be able to read and write in English.

Accreditation

This course is a provider programme which means that you won’t receive a certificate from an accredited body, however you will get an award issued to you by Skills Academy.

Assessment Structure

In this course you won’t have any exams. You will only have a Portfolio Of Evidence (POE). Your POE will be made up of two or more assignments and subject tests. To pass this course you will need to achieve a minimum of 50% on all your assessments.

Subject Outcomes

Keen to know what you will learn in your Financial Management Comprehensive Course? Below you will find each subject you will be doing in your course. 

Subject Description
Communication
  • Develop an understanding of verbal communication, including the ability to distinguish and apply direct and indirect communication styles effectively.
  • Master non-verbal communication by interpreting body language, cultural nuances, and visual semiology to enhance message clarity.
  • Acquire skills in business correspondence, including writing professional letters, structured reports, and accurate meeting minutes.
  • Gain confidence in oral interface by mastering telephonic techniques, delivering impactful presentations, and participating effectively in group discussions.
  • Communicate with clarity, precision, and professionalism across various personal and professional contexts.
Foundations of Financial Management
  • Understand the importance of financial management in business operations.
  • Describe key roles and responsibilities of a financial manager.
  • Identify and apply core financial goals: profitability, liquidity, and solvency.
  • Define and explain key financial concepts such as income, expenses, assets, liabilities, and equity.
  • Recognise users of financial information and their respective needs.
  • Apply the basic accounting equation: Assets = Liabilities + Equity.
  • Understand and complete steps in the accounting cycle, including double-entry bookkeeping.
  • Prepare and interpret financial statements such as income statements and balance sheets.
  • Calculate gross and net profit, and analyse business performance using profitability ratios.
  • Create, manage, and monitor personal and business budgets.
  • Set financial goals and apply practical budgeting and financial planning techniques.
Computer Practice
  • Understand and explain core computing concepts, including hardware, software, and digital citizenship.
  • Operate and manage an operating system effectively (Windows 10).
  • You will learn how to use Microsoft Office 2016 tools, including creating, formatting, and editing documents in Word; performing basic calculations with formulas in Excel; and designing and editing presentations in PowerPoint.
  • Identify hardware components of computer networks.
  • Apply computational thinking for problem-solving.
  • Utilise online collaboration tools, blogging, and data management techniques.
  • Explore Internet functions and responsible online communication.
  • Address ICT-related legal, health, and ergonomic considerations.
Entrepreneurship
  • Understand the fundamentals of entrepreneurship and intrapreneurship.
  • Identify the qualities and resources needed for successful entrepreneurs.
  • Develop creative ideas and transform them into business opportunities.
  • Conduct market feasibility studies, including market research and SWOT analysis.
  • Evaluate competitive advantage and target market positioning.
  • Learn financial feasibility concepts: start-up costs, break-even analysis, and sales forecasting.
  • Create a comprehensive business plan covering company description, marketing, and management.
  • Develop pricing strategies, promotional plans, and distribution methods.
  • Understand personnel roles, staffing needs, and operational planning.
  • Identify funding sources, financial management strategies, and long-term business sustainability.
Mercantile Law Basic
  • Understand the Legal System and Its Purpose.
  • Apply Principles of Contract Law.
  • Analyse the Law of Sale
  • Explain the National Credit Act (NCA).
  • Recognize Lease Agreements and Tenant Rights.
  • Understand Employment Contracts and Labour Law.
  • Evaluate the Role of Business Law in Commerce.
  • Interpret and Apply Legal Concepts to Real-World Scenarios.
  • Understand Dispute Resolution Mechanisms.
  • Ensure Compliance with Legal and Ethical Business Practices.
Integrated Business Finance
  • Understand the purpose and importance of finance in both personal and business contexts.
  • Describe the role of finance in supporting day-to-day operations and long-term business planning.
  • Identify and evaluate various business structures and their financial implications.
  • Apply financial planning techniques including budgeting, forecasting, and break-even analysis.
  • Create and manage business budgets that incorporate fixed/variable costs and capital needs.
  • Analyse financial statements and apply financial ratios; evaluate investments, sources of finance, and cost of capital.
  • Evaluate investment opportunities using capital budgeting and risk assessment tools.
  • Manage key resources such as working capital, inventory, receivables, and cash flow.
  • Demonstrate awareness of corporate governance principles, ethical financial practices, and regulatory compliance (SARS, CIPC, FIC).
  • Recognise the impact of behavioural factors on financial decision-making and budgeting practices.

Study Upgrade

Once you have completed this course, you will receive your certificate of completion from Skills Academy.