GLOBAL MANAGEMENT ACADEMY

ILM level 4 Award in Leadership & Management (Financial Management)

PROGRAM OVERVIEW

Comprising 2 courses and 50+ hours of online learning, the ILM LEVEL 4 AWARD IN LEADERSHIP AND MANAGEMENT (FINANCIAL MANAGEMENT) is designed for enable experienced middle managers and operations professionals to successfully lead and manage innovation and change programs in the organization.

WHO ARE THE ILM?

Global Management Academy is an Approved Center for the delivery of programs from the Institute of Leadership and Management.

The ILM is part of the City and Guilds Group, and is the largest Management Training Certification Body in Europe. 90,000 managers receive ILM certification annually. The ILM provides clients with an assurance of quality in the design and delivery of all Endorsed Programs.

PROGRAM CONTENT

The content of this ILM LEVEL 4 AWARD PROGRAM has been carefully chosen to provide a concise, intensive learning experience for non-financial managers, which provides a strong foundation in some core financial management functions. Candidates for the Award are required to complete units to the value of 5 credits.

COURSE 1: UNDERSTANDING FINANCIAL MANAGEMENT (3 credits)

  • Unit 1: Getting Started
  • Unit 2: Understanding Financial management
  • Unit 3: Key Roles in managing Finance
  • Unit 4: Sources of Finance
  • Unit 5: The Balance Sheet
  • Unit 6: The Cash Flow Statement
  • Unit 7: The Profit and Loss Statement
  • Unit 8: Understanding Budgets
  • Unit 9: Managing Budgets
  • Unit 10: Wrapping-up

COURSE 2: BUDGETARY PLANNING AND CONTROL (3 credits)

  • Unit 1: Getting Started
  • Unit 2: Understanding Budgets
  • Unit 3: The Budgeting Process
  • Unit 4: Budgeting and Business Strategy
  • Unit 5: Budgeting – The Manager’s Role
  • Unit 6: Effective Budget Planning
  • Unit 7: Implementing the Budget
  • Unit 8: Monitoring the Budget
  • Unit 9: Review the Effectiveness of Financial Management Processes
  • Unit 10: Wrapping up

ADMISSION REQUIREMENTS

There are no formal entry requirements but participants will normally be practising supervisors or managers with the opportunity to analyse their business environment and their personal leadership experiences.

PROGRAM DURATION

Learners are free to complete the program at their own pace. Each course in the program will take approximately 20 hours to complete. Learners will have 8 months from the date of enrolment to complete the program.

LEARNING FORMAT

The program is delivered through:

  • Online Learning through the Global E-Learning Portal (participants have access to the portal for 12 months from the date of registration).
  • Assessment comprising short on-line quizzes for each course. No formal written assessment is required.
  • Participants must complete all 4 of the courses in the program to qualify for the certificate.
  • Each course takes approximately 20 hours to complete.
  • Tutor Support is available through email, web conferencing and phone, throughout your program.

LEARNING RESOURCES

When you enrol in a Global course, you get immediate access to our E-Learning Portal. Online courses contain:

  • Online presentations
  • Online quizzes
  • Online self-assessments
  • Online Case Studies
  • Online videos
  • Downloadable learning manual (100 pages +) / workbooks / additional articles and Excel worksheets

ASSESSMENT

Candidates are required to complete written assignments of approximately 2500 words for each course. Assignments are practical and require candidates to apply the theory in the course to their work context. The pass mark for each assignment is 50%. Comprehensive assessment guides are provided for each course, and your Global tutor provides continuous guidance and feedback on your assignment drafts to help you meet the pass criteria.

ILM CERTIFICATION

On successful completion of the program, participants receive the LEVEL 5 AWARD IN LEADERSHIP AND MANAGEMENT from the City and Guilds ILM (OFQUAL accredited).

INCLUDED
In addition, enrollment in the ILM is included in your course fee (at a cost of £92), which gives you access to an extensive online library of learning resources.