TOTAL QUALIFICATION TIME
35 HOURS
EXAM CODE
Pre/Mid and Post Assessment (Local Achievement)
NQF LEVEL
5
COURSE DESCRIPTION
Finance encompasses all decisions that involve money for individuals, businesses, and public entities. Personal finance includes all individual or household financial management including personal asset management, credit card debt management, saving for retirement, budgeting for household expenses, and more. Corporate finance involves the management of assets, liabilities, debt, and revenue for a business. Professionals in corporate finance are experts in key areas of finance such as risk management, budgeting, financial analysis, and decision-making. Public finance has several components, including the management of tax revenue, issuance of public debt, budget planning, and more.
This course can be applied to multiple Specializations or Professional Certificates programs.
Most people don’t realize how basic finance calculations play a major role in their life:
- The ability to compare two investments
- The understanding of how the timing of cash flows impacts rates of return
- The preparation necessary to negotiate an advantageous mortgage or loan rate
LEARNING OUTCOMES
| Upon completion of the course, learner is expected to: |
| CO1 |
Interpret the key financial levers that drive financial performance |
| CO2 |
Determine how and why finance is concerned with cash flow versus profits and why that matters for your business and budget |
| CO3 |
Determine ways to create and measure value in order to evaluate and pitch potential projects |
| CO4 |
Explain through financial ratios how capital markets work and how they affect business |
| CO5 |
Measure and understand the importance of Time Value of Money |
COURSE OUTLINE
Module 1: Introduction to Finance
- Module 1 Overview
- Introduction of the Three Legal Forms to Organize Firms
- The Sole Proprietorship
- The Partnership
- The Corporation
- The Hybrid Form
- The Goal of Financial Management
- The Corporate Governance
- The Agency Problem
- Module 1 Wrap Up
Module 2: Financial Statements and Cash Flow
- Module 2 Overview
- Financials
- Balance Sheet: Introduction
- Balance Sheet: Fiscal Year
- Balance Sheet: Other Topics
- Income Statement
- Statement of Cash Flow
- Module 2 Wrap Up
- Financial Statements and Cash Flow Quiz
Module 3: Financial Statements Analysis
- Module 3 Overview
- Standardized Statements
- Financial Ratios: Introduction
- Financial Ratios: Liquidity Ratios
- Financial Ratios: Leverage Ratios
- Financial Ratios: Turnover Ratios
- Financial Ratios: Profitability Ratios
- Financial Ratios: Market Value Ratios
- Financial Forecasting
- Module 3 Wrap Up
Module 4: Time Value of Money
- Module 4 Overview
- Present Value and Future Value
- Net Present Value
- APR and EAR
- Perpetuity
- Annuity
- Module 4 Wrap Up
COURSE FORMAT & MATRIX
The taught instructor-led course will be a suitable mix of lectures, tutorials, workshops, case studies, videos and hands on practical exercises. Delegates will be given immediate opportunities to apply what they have learned with real life problems and case studies.
A comprehensive course workbook is at the core of this course and delegates will also be guided through additional material in the instructor-led sessions.
Lecture and Practical Hands-On Labs scenario by vendor provided LAB
PREREQUISITES
Prerequisites for the course include basic understanding of financial concepts such as accounting principles, financial statements, budgeting, and financial analysis. Preferably at least a diploma graduate in a relevant field and/or equivalent or is planning a career profession related to Finance and Accounting. The course requires an intermediate to advance level of proficiency in the English language.
CAREER PROGRESSION AND LEARNING PATHWAY
This course has the below career progressions and learning pathway:
| No. |
Learning Pathway
“Qualification Title” |
Brief/ Technologies |
Career Pathway “Position” |
| 01 |
Award Level 5 Finance Skills: Understanding Financial Decisions |
Understanding of financial statements
Understanding of financial rations |
- Accounts/ Finance Associate
|
| 02 |
Cash Flow Management and Analysis
Cash Management & Cash Flow Projection | Udemy
“Cash Conversion Cycle” for Cash Flow Management | Udemy |
Cash Flow concepts and calculations
Cash Flow Analysis
**This qualification focuses on the management of in and out of cash in the company and how it should be analyzed for better management decision making. |
- Payable/ Receivable Assistant
- Accounts Assistant
- Treasury Assistant
|
