Business Finance (Level 2) Course

A distance learning course is the ideal way to gain a Business Finance award. Whether you're looking to go on to further education, improve your job prospects or expand your knowledge, distance learning Business Finance is a flexible and convenient course, which allows you to comprehensively prepare for an exam or career through home study. What's more, because the distance learning Level 2 Business Finance course is a fully comprehensive course, no prior knowledge is required.

This programme is designed for people seeking to understand and apply the principles of finance and financial control of a business.  The course is particularly suited to the general manager with responsibility for a small organisation or a department, needing a broad understanding of a range of financial planning and management techniques.

How is the course structured? 
The Level 2 in Business Finance course is divided into four comprehensive modules:

Module 1: Book-keeping 

• Why keep books?
• Book-keeping methods
• Introduction to VAT
• The analysed cash book
• Sales and purchase day books
• Reconciling the bank account
• Double entry book-keeping
• Single entry systems

Module 2: Credit Control 

• Cracking the credit problem
• Is my customer credit worthy?
• Credit control routines
• Debt recovery through the courts
• Statutory demands, insolvency and bankruptcy
• VAT and tax relief for bad debts

Module 3: Costing & Pricing

• Pricing a product
• Costing a product
• Pricing a service
• Break even analysis
• Contribution theory
• Absorption costing

Module 4: Management Accounting

• Budgets
• Cashflow
• Managing cash
• The trading budget
• The profit & loss account
• Management reports
• Manual accounting records
• Computerised accounting records
• Breakeven analysis

Home Study Tutor Support

You will be provided with comprehensive materials designed to provide you with everything required to complete your Business Finance course. You will have your own personal tutor helping you with your course work and with any questions you may have. Plus you can contact our Student Advisors by email or phone for all the practical advice you may need – so we really are with you 100%.

What's more, you'll have access to the online student portal, where you can interact with other students, browse our resource library and manage your account.

Course Assessments

The Business Finance courseis marked through a process of continuous assessment guided by your tutor following NCFE guidelines. This means that your qualification will be awarded according to your performance on assessments rather than by taking an exam.

We send the full course out, you then read through the course in your own time and complete the assignments which you send to your tutor for marking. There is no word count for these assignments. However, one sentence answers will be rejected and you will have to re-submit it for marking.

Upon verification of the activities, exercises and assignments, a certificate of achievement will be awarded by the national awarding organisation NCFE, as confirmation that your written work has met all of the learning outcomes and assessment criteria for the programme.

The good news is that no prior learning knowledge or experience is essential to take this course.  This course is openly available to anyone wishing to learn more about Business Finance and would like to take part in a highly rewarding home study course. We believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum.

Credit Manager

As a credit manager, it would be your job to protect your employer's finances by controlling the credit offered and managing the debts that customers owe. This might be for a finance company, or for any company that sells goods or services.