Awarding Body:
Award: Understanding Business Finance – NCC Award
Credits: 10 ECTS – 20 CATS
Level: MQF L5 – EQF L5 – UK L4
Study Mode: Part-Time
Part-Time Schedule:
Duration:
Part-Time: 50 hours
Assessment Method: Assignment
Delivery Method: Face to Face Lectures
Nationality:
Tuition Fee:
Please contact us for pricing
Understanding Business Finance
The Understanding Business Finance Course introduces business finance and its role within modern organisations. Students learn key financial concepts, accounting techniques, and funding options. They develop skills to analyse both qualitative and quantitative financial data. Additionally, the course explores leadership and management in financial contexts, showing how finance connects with other business functions. Students also consider corporate responsibility, sustainability, global citizenship, and risk management when making financial decisions. By linking theory with practical examples, learners gain the knowledge to make informed and responsible business choices.
The Understanding Business Finance Course forms part of the Diploma in Business Level 4 (MQFL5) . Students can continue with the Diploma at a later stage as part of their academic progression.
The entry requirements for the Understanding Business Finance course are as follows:
- 4 O’ Levels including English and Mathematics
- MQF Level 4 Certificate or equivalent
Relevant work experience is considered.
- Business finance
- The key skills and competencies required to lead and manage in the organisational and financial environment
- The interrelated contributions of the key business functions
- Business and financial data (qualitative and quantitative)
- Academic theories and principles to a range of business and financial contexts, challenges and situations
- The importance of corporate social responsibility, global citizenship, and risk management in contemporary business and financial management.
- A range of accounting and financial techniques and frameworks to real world business situations
- The various ways that business may be financed
- Student Preparation to consider how to understand business finance
By the end of this course, students will be able to:
- Assess and critically evaluate key concepts, principles, and practices of business finance
- Analyse the leadership skills, competencies, and decision-making requirements needed to manage effectively in financial and organisational environments
- Evaluate the interrelated contributions of key business functions and their impact on financial performance
- Analyse and interpret qualitative and quantitative business and financial data using appropriate theories, frameworks, and techniques
- Assess financing options, accounting methods, and the role of corporate responsibility, sustainability, and risk management in real-world business situations
On completion of this award, learners have the opportunity to continue with the full Diploma in Business.
