Overview

The module aims to equip you with the necessary knowledge to be able to understand and interpret financial performance, understand the financial implications of decisions and be acutely aware of the importance of cost control and develop practices to aid cost control.

Entry Requirements

Applicants should be over 21 years. 

What you will Learn

On successful completion of this micro-credential, you will have more confidence in engaging with financial aspects of your business, understand and interpret the financial performance of your business and be aware of the implications of your financial decisions.

Learning Outcomes

1. Develop an understanding of the importance of financial accounting and the ability to prepare/interpret business accounts.
2. Develop an understanding of the basic principles/concepts of costing and an appreciation of good cost control practices and consequent implications for the financial performance of a business.
3. Understand the need for forecasting/budgeting and the tools required to prepare budgets.
4. Understand the financial implications of decision making in an organisation and the ability to input into same.
5. Have an appreciation of the various sources of finance available to an organisation and their respective advantages/disadvantages.
6. Have an understanding of techniques available to assist in evaluating potential capital investments.

Assessments

• Department-based Assessment (100%)

Contact

If you have any questions about this course, please contact:

Micro-credentials Team,
University of Galway

Email: Micro-credentials

How to Apply

From the 1st April 2025, you can apply for this micro-credential through our Online Application Portal.

Learn more about our application process.

Apply here: Online Application Portal

When completing your application please make sure to select the following categories:

Academic level: Micro-credentials and CPD
College/Interest type: Micro-credentials/CPD Undergrad Level 7 and 8
Academic programme: Business & Management CPD Undergrad - CPB13

You will need to manually enter the Module Name and Code under ‘Module Name’ on the second page of your application. Please copy the name and code below:

Finance for Non-Financial Managers - SC3309