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Financial Management - Basics

Module | Tutor Support & Exam included | 10 CPD Credits | Free COVID-19 Course & Letter of Completion

CPD Courses


£12 inc VAT
Study method
10 hours · Self-paced
No formal qualification
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Financial Management

The course comes with easy to understand e-learning study materials.

Financial management is essentially a process of managing money in a proficient and effective way to achieve the organisation’s goals. Various activities are involved in financial management such as development, management, directing and taking control of financial activities, i.e. procurement and use of funds for projects.

This unit provides a detailed examination of financial management, functions of financial management and its scope. It also describes the objectives of the business firm, major decisions of the finance function and the structure and organisation of the finance department.

On completion of this unit learners will be equipped to identify the conflict of goals, financial goals, finance and accounting.


10 CPD hours / points
Accredited by The CPD Standards Office

Course media


Financial Management


After completing this course learners will be able to:

  • Understand the scope and functions of financial management
  • Explain objectives of the business firm
  • Describe the major decisions of the finance function
  • Understand the structure and organisation of the finance department

Program Content


Introduction to Financial Management


  • Financial Management and its Scope
  • Finance Functions
  • Objectives of the Firm
  • Conflict of Goals: Management Vs. Owners
  • Financial Goals and Firm's Objectives
  • Organisation of Finance Function
  • Finance and Accounting
  • Economics and Finance

Who is this course for?

Target Audience

  • New or recent recruits to banking and financial organisations
  • Operations and support staff
  • Finance and accounting staff
  • Dealers and Traders


No prior knowledge is required to take this unit.

*Note: This is an independent unit not a complete course so does not equalize to a course. This will give you 10 CPD points to add on your CV. At the end of the unit, you can claim CPD Accredited unit by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

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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.