Strong financial strategies are
not an option but a necessity
Finance for Strategic Management
Less functional approaches to management have significantly impacted control systems and left the traditional accounting model looking inappropriate and even misleading. This strategic financial management programme brings together financial management and strategic management. It will help you access all management decision-making economic criteria and focus on two key ingredients: cash flow and net present value. This programme will help you develop the role of accountancy in a new dynamic world.
This intensive finance for the Strategic Management course is ideal for managers with financial responsibility or seeking a refresher in analysis – including business analysts, accountants, project managers, budget analysts, vice presidents of finance, controllers, and treasurers.
Programme Structure
- Understand the concept of governance
- Identify issues relating to employment law and legal aspects of governance
- Determine roles and responsibilities of directors
- Distinguish business ownership from business control
- Assess governance and directorship for different business structures
- Analyse the different methods commonly used to report financial information
- Develop an understanding of the techniques used to gather financial information.
- Investigate the use of each of the key financial statements for decision making
- Evaluate the financial stability and performance of an organisation using appropriate financial ratio calculations
- Understand the role played by international accounting standards as a means of producing uniform accounting methods
- Understand the importance of measuring financial performance
- Explore the financial position of organisations through the use of financial ratios
- Use key groups of financial ratios to assess financial performance
- Determine the financial stability of an organisation
- Understand the importance of cash flow and working capital
- Assess the role played by the management of stock
- Identify key issues in financial management
- Evaluate financial performance through the use of key financial ratios
- Understand the use of budgets in financial control
- Identify appropriate methods for raising finance
- Identify the various influences from the internal and external environment.
- Use a variety of techniques for assessing the impact of those environmental influences
- Identify a range of different strategic options, such as developing new products, outsourcing, mergers etc
- Analyse and compare the different options and to select the one that best suits the organisation
Learning Outcomes of Financial Strategic for Management
- Understand the limitations of traditional accounting models in an increasingly dynamic and fast-changing world
- Contribute more effectively to corporate strategy by taking a more proactive and forward-looking approach
- React to conditions of rapid change through enhanced awareness, anticipation and adaptation
- Understand and use alternative expressions of profit that start with a recognition of the impact on cash flow of the various stakeholders in a company
- Monitor the success of projects, strategies and even total businesses by articulating NPVs over time
- Assess the strategic financial performance of the company and compare it with that of competitors
- Understand the significance of cash flow and working capital management
- Understand how strategic financial management fits together in an integrative model
Why Get Certified
Upon successful completion of the Mastering Finance for Strategic Management programme, you’ll earn a certificate of completion from the Westminster Central College.
Getting certified shows employers that you have a clear understanding of the core concepts of Leadership and Management. You can also add the qualification to your CV, and easily upload it to your LinkedIn profile.
Becoming certified shows you have strong leadership and management skills and that you’re motivated to learn: two essential qualities in the workplace. Demonstrating these qualities can help improve your chances of finding the job you want.
Improving your leadership and management skills can help you find a job, get promoted, or start a whole new career.
Student Support
We encourage you to make full use of all of the support services and facilities available to ensure you have the best possible experience during your time at the School.
Personal tutors can help you with a range of issues affecting your studies, as well as tell you about other University support available.
If you think your circumstances might affect your academic achievement, it’s a good idea to talk to your programme tutor about your situation. They can help you manage your workload and, if necessary, explain the rules about extenuating circumstances for assignments.
WCC offers additional specialist support for all students to develop skills that enhance your employability prospects and support your studies.
Our extensive careers service supports you throughout your time at School to ensure that when you complete the programme, you are well-prepared for the world of work.
The WCC Experience
Expert Trainers
Passionate specialists who keep up to date with the latest trends in their field.
Quality Delivery
Trainers have assessed annually on the quality of their delivery and delegate engagement.
Practical Training
Theory and practical based training to take back to the office which leads you more.
Small Class Sizes
No more than 15 people to ensure you get the most from our trainers.
Apply Now and Be the Change
Unlock your leadership potential and propel your career to new heights.
Please contact us on +44 20 8555 7585 or send us an email to Info@wcc.ac.com to discuss your requirements and obtain an application form.
