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Award in Financial Management of Small Business

Award in Financial Management of Small Business

This module is arranged to provide learners with compatible financial management skills orienting them to small business specifics. During the module learners will be provided with basics of financial accounting, helping them to read the financial statements and identify the financial risks of the company as well as financial ratio’s calculations and interpretations, which will lead the learner to decision making on financial data and value creating to the small business company. Furthermore, this module oriented to critical thinking and solution finding, using different techniques and instruments of analysis.

What You’ll Learn:

  • Core and Elective Modules (6 ECTS)
    Gain foundational eCommerce knowledge through 4 core and 2 elective modules, awarded in collaboration with Aces Academy, Malta Communications Authority, and eSkills Malta Foundation.
  • Advanced Modules (8 ECTS)
    Expand your learning with 2 additional modules, building on the first programme for advanced strategies and practical skills.
  • Industry Insights
    Learn from six interactive sessions per module, featuring interviews with eCommerce experts and leaders.
  • Applied Coursework
    Complete individual and group assignments to apply theory to real-world business scenarios.

Fee Structure

Award in Financial Management of Small Business
  • Online (24 weeks part-time): €890
  • Blended (12 weeks full-time): €1,350
  • 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%

What You’ll Learn:

  • Financial accounting information: understanding main financial statements and the financial information they provide (4 sessions);
  • Fundamentals of performance evaluation: key performance indicators, liquidity, solvency measures. The effects of company’s leverage, profitability and risk (4 sessions).
  • Financial Management methods and measures: Break-even point, time-value (3 sessions).
  • Bankruptcy forecasting models (1 session).

Each topic consists of a theoretical basis and practical examples – case studies. Learners will be provided with digital templates of presented analysis techniques for self-testing.

FAQ

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

Next Intake To Be Confirmed

For more details, Info@acesacademyonline.com

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.

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 Financial Management of Small Business

EQF/MQF* Level 6 – *European Qualification Framework/Malta Qualification Framework

Description

This module is arranged to provide learners with compatible financial management skills orienting them to small business specifics. During the module learners will be provided with basics of financial accounting, helping them to read the financial statements and identify the financial risks of the company as well as financial ratio’s calculations and interpretations, which will lead the learner to decision making on financial data and value creating to the small business company. Furthermore, this module oriented to critical thinking and solution finding, using different techniques and instruments of analysis.

The model is divided into the following topics:

  1. Financial accounting information: understanding main financial statements and the financial information they provide (4 sessions);
  2. Fundamentals of performance evaluation: key performance indicators, liquidity, solvency measures. The effects of company’s leverage, profitability and risk (4 sessions).
  3. Financial Management methods and measures: Break-even point, time-value (3 sessions).
  4. Bankruptcy forecasting models (1 session).

Each topic consists of a theoretical basis and practical examples – case studies. Learners will be provided with digital templates of presented analysis techniques for self-testing.

Course details

6 weeks

EQF/MQF Level 6