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Award in Principles of Financial Management
Award in Principles of Financial Management
The Award in Principle of Financial Management module seeks to provide students with the skills necessary for an entrepreneur or senior executive within an SME to understand the role of financial management of the business. The course also covers the development of financial management skills as the basis for improved monitoring and management of the financial affairs of the SME organisation. It seeks to identify best practice and provide an overview of current financial management tools and services that are available to entrepreneurs and managers of SMEs. The course enables students to use such tools allowing them to develop, implement and monitor their own financial management programmes. The focus throughout the programme is the importance of managing the cost of control, to ensure that the control process itself is well managed and is appropriate to the scale and complexity of the SME organisation.
What You’ll Learn:
- Session 1 – Working Management & Cash Management
- Session 2 – Accounting conventions/standards used to present financial statements
- Session 3 – Presentation of three main Financial Statements
- Session 4 – Financial Ratios Analysis – Explanations
- Session 5 – Financial Ratios Analysis – Explanations and Practice
- Session 6 – Budgets & Sources of Finance
- Session 7 – Costings of Products and Services
- Session 8 – Investment Appraisal
- Session 9 – Raising Finance & Company Valuation
Fee Structure
Award in Principles of Financial Management
- Online (24 weeks part-time): €1,050
- Blended (12 weeks full-time): €1,350
Course Duration
- 6 Weeks
Course Overview:
This stage introduces the essential concepts and tools of eCommerce, providing a strong base for understanding the digital marketplace. You’ll explore topics such as online business models, digital marketing strategies, website management, and customer engagement. Through 4 core and 2 elective modules (6 ECTS), you’ll gain the skills to build and manage a successful online business presence.
In the second stage, you’ll deepen your knowledge with advanced modules that focus on innovation, digital transformation, and sustainable growth in eCommerce. You’ll learn about data-driven decision-making, eCommerce analytics, online branding, and customer experience design. Industry experts and leaders will share real-world insights to help you connect theory with practical business applications (8 ECTS).
The final stage emphasizes hands-on learning and application. You’ll work on individual and group assignments designed to simulate real-world eCommerce challenges. Each module includes interviews, case studies, and interactive discussions to help you apply theoretical concepts to practical business solutions. By the end of the course, you’ll have the confidence and competence to plan, implement, and manage eCommerce strategies effectively.
Learning Hours
Each module will consist of the following learning hours:
- Contact Hours: 10 hours
- Pre-recorded lectures: 6 hours
- Online tutorials: 3 hours
- Online forums: 1 hour
- Self-Study: 11 hours
- Research on notes: 6 hours
- Assessment preparation: 5 hours
- Assessment: 4 hours
- Finalization of assessment
- Total Learning Hours per Module: 25 hours
Total Learning Hours for Award in eCommerce Practices I (6 ECTS, 6 Modules): 150 hours
Total Learning Hours for Award in eCommerce Practices II (8 ECTS): 200 hours
Assessment Method
- Tutorial participation 20%
- Forum discussions 30%
- Assignments 50%
Scholarship Schemes for Maltese residents:
- Get Qualified Scheme ( Scheme available for Maltese residents ) – 70% refund of course fee as a tax rebate
FAQ
How to Apply
At Aces Academy, the Award in eCommerce Practices is an excellent opportunity to develop key skills in the rapidly growing field of eCommerce. This programme consists of two levels, each designed to equip you with practical knowledge in essential eCommerce practices.
Application Process
1. Prepare Your Documents: Ensure you have all the necessary documentation ready before starting your application.
2. Complete the Online Application Form: Begin your application by clicking [Register Here] to access the registration form. Make sure to fill out all required fields accurately to avoid delays.
3. Submit Your Application: Once you submit the form, you’ll receive a confirmation email regarding the status of your application. If your application is successful, further instructions will be sent to guide you through the next steps.
For more assistance with the application or any other queries, feel free to contact our admissions team at Info@acesacademyonline.com
Scholarship Schemes
Intakes
Next Intake To Be Confirmed
Admission Process
For more details, Info@acesacademyonline.com
Teaching & learning
Language of Instruction: English
Teaching Methods:
- Pre-recorded Lectures: Lecture presentations and slides will be available on the e-learning platform.
- Video Conferencing: Discussions will be conducted via video conferencing and recorded for later viewing.
- Forum Contributions: Tutors will assess and provide feedback on students’ posts in forum discussions.
Students will receive:
- Video Presentations: 6 hours of audio-visual content per module, featuring expert interviews. Each hour is divided into 4 segments of 15 minutes for easier access and download.
- Reading Materials: Additional resources to deepen understanding of the topics.
- FAQs: Answers to common questions about the topics.
- Glossary: Definitions of key terms for accurate understanding.
- Online Tutorials: 2 tutorial sessions per module.
- Forum Discussions: 2 online discussions per module.
- Assignments: 1 short assignment per module.
Contact Details
Learning Hours
Each module will consist of the following learning hours:
- Contact Hours: 10 hours
- Pre-recorded lectures: 6 hours
- Online tutorials: 3 hours
- Online forums: 1 hour
- Self-Study: 11 hours
- Research on notes: 6 hours
- Assessment preparation: 5 hours
- Assessment: 4 hours
- Finalization of assessment
- Total Learning Hours per Module: 25 hours
Total Learning Hours for Award in eCommerce Practices I (6 ECTS, 6 Modules): 150 hours
Total Learning Hours for Award in eCommerce Practices II (8 ECTS): 200 hours
Award in Principles of Financial Management
EQF/MQF* Level 7 – *European Qualification Framework/Malta Qualification Framework
Description
The Award in Principle of Financial Management module seeks to provide students with the skills necessary for an entrepreneur or senior executive within an SME to understand the role of financial management of the business. The course also covers the development of financial management skills as the basis for improved monitoring and management of the financial affairs of the SME organisation. It seeks to identify best practice and provide an overview of current financial management tools and services that are available to entrepreneurs and managers of SMEs. The course enables students to use such tools allowing them to develop, implement and monitor their own financial management programmes. The focus throughout the programme is the importance of managing the cost of control, to ensure that the control process itself is well managed and is appropriate to the scale and complexity of the SME organisation.
Sessions Covered:
- Session 1 – Working Management & Cash Management
- Session 2 – Accounting conventions/standards used to present financial statements
- Session 3 – Presentation of three main Financial Statements
- Session 4 – Financial Ratios Analysis – Explanations
- Session 5 – Financial Ratios Analysis – Explanations and Practice
- Session 6 – Budgets & Sources of Finance
- Session 7 – Costings of Products and Services
- Session 8 – Investment Appraisal
- Session 9 – Raising Finance & Company Valuation
Scholarship Schemes for Maltese residents:
- Get Qualified Scheme ( Scheme available for Maltese residents ) – 70% refund of course fee as a tax rebate
Course details
- Duration
6 weeks
- Level
EQF/MQF Level 7
- Credits: 8 ECTS
- Price: Online – Eur 1,050 & Blended – Eur 1,350
- Delivery: Online Learning & Blended Learning in Malta