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Debt Management Skills Diploma

Debt Management Skills Diploma


Elearn College

Summary

Price
£29 inc VAT
Study method
Online
Duration
6 months · Self-paced
Access to content
5 years
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free

30 students purchased this course

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Overview

This highly practical and stimulating course is tailored to give students a solid grounding in credit control and debt management. With a sharp focus on the core principles and disciplines required to ensure financial equilibrium, the skills you will gain on this course are highly transferable and extremely attractive to prospective employers. This course is particularly well suited to professionals and the self-employed, as it will also explore the tools and processes that are available to avoid financial problems and non-payment issues.

Freelancers and the self-employed may find aspects of the course particularly useful, as they know only too well that when a customer doesn’t pay, it affects your ability to meet your bills and payments. This course explains the legal recovery processes available to you, along with other means of recovering owed money. This course will also explore insolvency and bankruptcies, ensuring you are legally aware and compliant with legal processes, in order to get the highest dividend from administrators and receivers, should one of your customers fall into difficulties. The course will also equip you with practical advice on using factoring services, engaging bailiffs and private debt collection companies, and how to communicate with problem customers.

Course media

Description

Debt management is an essential aspect of financial management and budgeting. Whether in a personal capacity or within a work context, evaluating and maintaining good credit is necessary for the success of individuals and businesses alike. This home study course is designed to help you identify all the factors contributing to debt, analyze the context and then offer the tools and know-how to build an efficient debt management strategy to achieve financial independence.

The distance learning course is aimed at anyone working with debt management and financial planning. It is equally helpful to anyone experiencing insolvency, bankruptcy, a poor credit rating as an individual and it would help any small business owners to plan for such situations. There is no need for prior qualifications to enroll in this debt management skills course straight away. It is specifically designed to offer a ground understanding of key financial issues regardless of your previous experience.

At the end of this course, you will become proficient in financial concepts and instruments of handling debt. You can explore the topic further with another course in financial planning, or even a higher education degree in finance and economics. The financial service sector is one of the most lucrative in the UK. An estimated 7.3% of the UK’s working population is employed in financial and related professional services, accounting for around 10.7% of the UK economy. As such the options of a career in finance are wide and varied.

Who is this course for?

Anyone who wants a solid grounding in Debt Management.

Requirements

There are no entry requirements. No background training or qualifications are required. Anyone can enroll at any time, beginners, intermediates and experienced all year round.

Career path

The course is intended for learners following an administrative, business or finance career route and is relevant to a variety of roles where the responsibilities include credit control and debt management.

Some of the jobs you could apply for:

  • Financial planner

  • Debt and capital advisor

  • Insolvency and restructuring associate

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Certificate of completion

Digital certificate - Included

Reviews

3.8
Course rating
86%
Service
73%
Content
73%
Value

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.