Advanced Diploma in Financial Management
Durban, South Africa
DURATION
1 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Apr 2024
TUITION FEES
ZAR 25,400 / per year *
STUDY FORMAT
Distance learning
* payment options available to suit your budget
Scholarships
Explore scholarship opportunities to help fund your studies
Introduction
The Advanced Diploma in Financial Management is a 1-year program that provides further knowledge of the principles and practice of financial management. The program is directed at persons employed in organizations who have a diploma qualification and who aspire to increase their knowledge, skills, and competencies in the procurement, allocation, and control of the financial resources of an organization. The qualification will improve the skills of learners in the labor market by enabling them to apply integrated knowledge and advanced conceptual thinking skills to solve problems in the financial management of organizations.
Key features
- Display knowledge of selected day-to-day management functions of a business
- Appreciate financial principles of accountability, cost-effectiveness, cost-efficiency, and value for money
- Obtain employment in accounting firms and finance departments in the public or private sector
- Describe financial management terminology, concepts, and principles
- Analyze and interpret financial management statements and reports such as balance sheet, income, and expenditure
Admissions
Curriculum
Program structure
Duration: 1 year
There are 6 modules over two semesters
Semester 1
- Essentials of Financial Management
- Short-term Financial Management
- Long-term Financial Management
Semester 2
- Risk Management
- Advanced Managerial Accounting
- Business Ethics and Corporate Governance
Program Outcome
Outcomes
Upon successful completion of the program, the student should be able to:
- Contribute to investment decisions including capital budgeting and working capital decisions
- Contribute to financial decisions relating to the raising of finance for businesses
- Contribute to financial decisions relating to net profit distribution
- Display knowledge and skills in the application of management accounting techniques
- Demonstrate numeracy and quantitative analysis skills
- Identify and evaluate ethical responsibilities and issues
- Understand investment and risk management tools
- Display an understanding of risk and its applicability
- Display an ability to understand, speak and write the language of financial management