Course details

The module is designed to provide the learner with understanding, knowledge and practical skills required to understand the basics of finance and how money works.

Learners who successfully complete this course will:

  • understand financial jargon
  • develop an awareness of the key elements to good financial management
  • demonstrate their ability to read financial statements
  • be able to assess financial viability and performance
  • develop their confidence in communicating regarding financial matters
  • appreciate the importance and the elements of monetary control within an organisation
  • be familiar with the time value of money.

This distance learning, FETAC accredited course means that Students can study flexibly at home, or at any convenient place and time, and can gain a nationally accredited Qualification.

Students receive a comprehensive Course Manual, Assignments, Efficient Studyguide, and unlimited one-to-one Tutor Support for the course duration. The course documentation for this FETAC certified course is detailed and easy to read. If students require extra time to complete the course they can apply for an extension.

include:

  • Unit 1: Understanding Financial Statements
  • Unit 2: Budgeting and Cashflow Management
  • Unit 3: Costing & Pricing
  • Unit 4: Capital Budgeting

Preferred entry level:

Leaving Certificate or equivalent and /or relevant life and work Experience.

Learners are expected to be proficient at reading, drafting, preparing and understanding information across a broad range of topics, including quantitative information for a Level 5 award and more complex information for Level 6 award.

As this programme is delivered through distance learning, students must be capable of studying on their own initiative.

Programme Entry Requirements:

If you take this course by distance learning the course material will be posted to you. You can complete and return assignments/projects which must be typed rather than handwritten either by post or by email.

Progression to further Studies:

This course leads to a level 6 award on the National Framework of Qualifications. You can use this credit towards completing a major award in any of the following Major awards:

  • 6M5013 Administration
  • 6M4985 Business
  • 6M4587 Management
Updated on 08 November, 2015

About Open College

The We_They is an independent private college with many hundreds of students and over 40 staff providing over 90 FETAC/QQI Levels 5 & 6 Award courses. Established in 2004 and FETAC Accredited in 2008 We_They is a social entrepreneurial organisation with a proud record of innovation in education which has in just over three years become Ireland’s largest dedicated provider of FETAC / QQI approved courses. 

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