Qualifi Level 6 Award Managing Finance Public Sector Course

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Qualifi Level 6 Award Managing Finance Public Sector Course

**Managing Finance** in the Public Sector

Qualifi's Level 6 Award in Managing Finance Public Sector is designed for finance professionals and public sector managers who want to develop their skills in financial management.

This course focuses on the principles and practices of financial management in the public sector, including budgeting, financial planning, and financial analysis.

It is ideal for those who want to progress in their careers or take on more senior roles, and is also suitable for those who want to gain a deeper understanding of financial management in the public sector.

By the end of the course, learners will be able to apply their knowledge and skills to manage finances effectively in the public sector.

Don't miss out on this opportunity to enhance your skills and career prospects. Explore the Qualifi Level 6 Award in Managing Finance Public Sector today and take the first step towards a successful career in financial management.

Managing Finance in the public sector is a vital skill, and the Qualifi Level 6 Award is designed to equip you with the knowledge and expertise to excel in this field. This comprehensive course covers the key aspects of financial management, including budgeting, forecasting, and financial analysis. By completing this award, you will gain a deep understanding of the public sector's financial landscape and develop the skills to manage finances effectively. You will also benefit from career prospects in senior financial roles, and the course's flexible learning approach ensures you can study at your own pace.



Benefits of studying Qualifi Level 6 Award Managing Finance Public Sector Course

Qualifi Level 6 Award Managing Finance Public Sector is a highly sought-after qualification in today's market, particularly in the public sector. According to the UK's Office for National Statistics, the public sector employs over 4.8 million people, with finance and accounting roles being a significant part of this workforce.

Year Public Sector Employment Finance and Accounting Roles
2020 4,800,000 220,000
2019 4,700,000 215,000
2018 4,650,000 210,000
Google Charts 3D Column Chart:
The Qualifi Level 6 Award Managing Finance Public Sector is highly relevant to learners and professionals in the public sector, as it provides the necessary skills and knowledge to manage finance effectively. With the increasing demand for finance and accounting professionals in the public sector, this qualification can provide a competitive edge in the job market.

Career path

**Career Role** Description Industry Relevance
Finance Analyst Responsible for financial planning, budgeting, and forecasting. Analyzes financial data to identify trends and areas for improvement. Relevant to the finance sector, with a focus on financial analysis and planning.
Financial Manager Oversees financial planning, budgeting, and forecasting. Develops and implements financial strategies to achieve organizational goals. Essential for senior finance roles, with a focus on financial management and strategy.
Accountant Responsible for financial record-keeping, budgeting, and forecasting. Prepares financial statements and reports. Relevant to the finance sector, with a focus on financial accounting and record-keeping.
Auditor Conducts financial audits to ensure compliance with financial regulations and standards. Identifies and addresses financial risks. Essential for finance roles, with a focus on financial auditing and risk management.
Financial Controller Oversees financial planning, budgeting, and forecasting. Develops and implements financial strategies to achieve organizational goals. Relevant to senior finance roles, with a focus on financial management and strategy.
Treasury Manager Responsible for managing the organization's cash flow and funding requirements. Develops and implements financial strategies to achieve organizational goals. Essential for finance roles, with a focus on cash flow management and funding.

Learn keyfacts about Qualifi Level 6 Award Managing Finance Public Sector Course

The Qualifi Level 6 Award Managing Finance Public Sector Course is a comprehensive qualification designed to equip learners with the necessary skills and knowledge to manage finance in the public sector.

Learning outcomes of this course include:

  • Developing an understanding of financial management principles and practices in the public sector
  • Analyzing and interpreting financial data to inform decision-making
  • Managing budgets and financial resources effectively
  • Developing financial plans and strategies to achieve organizational objectives

The duration of this course is typically 12 months, with learners required to complete 120 credits of study to achieve the award.

The Qualifi Level 6 Award Managing Finance Public Sector Course is highly relevant to the public sector, as it provides learners with the skills and knowledge required to manage finance in this sector effectively.

Industry relevance is also high, as this course is designed to meet the needs of employers in the public sector, and is recognized by a range of organizations, including local authorities, NHS trusts, and other public sector bodies.

By completing this course, learners can progress to senior roles in finance, such as financial manager or director of finance, and can also pursue further study in areas such as financial planning, accounting, and business management.

Who is Qualifi Level 6 Award Managing Finance Public Sector Course for?

Ideal Audience for Qualifi Level 6 Award Managing Finance Public Sector Course
Individuals working in the public sector, particularly those in finance roles, who wish to develop their skills in financial management and administration.
This course is particularly relevant for those in roles such as finance officers, accountants, and administrators, who are responsible for managing public sector finances and ensuring compliance with financial regulations.
In the UK, the public sector employs over 4.8 million people, with finance and administration roles accounting for a significant proportion of these positions. According to the Office for National Statistics, the public sector accounted for 21.1% of all employment in the UK in 2020.
Prospective learners should have a good understanding of financial principles and practices, as well as experience in a finance or administration role. The course is designed to be accessible to those with varying levels of experience, and is an excellent way to develop new skills and knowledge in a supportive and interactive learning environment.

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Course content


Financial Management in the Public Sector: This unit introduces students to the principles of financial management in the public sector, including financial planning, budgeting, and control. It covers the role of finance in achieving public sector objectives and the importance of effective financial management in delivering public services. •
Public Sector Finance: This unit explores the unique characteristics of public sector finance, including the role of government funding, taxation, and public-private partnerships. It also covers the challenges of managing public sector finances, including budget deficits and debt. •
Financial Planning and Budgeting: This unit provides students with the skills and knowledge needed to prepare financial plans and budgets for public sector organizations. It covers the principles of financial planning, budgeting, and forecasting, and the use of financial management software. •
Financial Management Information Systems: This unit introduces students to the role of financial management information systems (FMIS) in supporting public sector finance. It covers the design, implementation, and maintenance of FMIS, and the use of data analytics to support financial decision-making. •
Financial Governance and Accountability: This unit explores the principles of financial governance and accountability in the public sector, including the role of audit, risk management, and internal controls. It also covers the importance of transparency and accountability in public sector finance. •
Public Sector Financial Management Tools and Techniques: This unit provides students with the skills and knowledge needed to use financial management tools and techniques, including financial modeling, forecasting, and scenario planning. It covers the use of financial software and spreadsheets to support financial decision-making. •
Financial Management in the Public Sector: This unit provides an overview of the principles and practices of financial management in the public sector. It covers the role of finance in achieving public sector objectives, the importance of effective financial management, and the challenges of managing public sector finances. •
Financial Planning and Budgeting for Public Sector Organizations: This unit provides students with the skills and knowledge needed to prepare financial plans and budgets for public sector organizations. It covers the principles of financial planning, budgeting, and forecasting, and the use of financial management software. •
Financial Management in the Public Sector: This unit explores the role of finance in achieving public sector objectives, including the delivery of public services and the management of public sector finances. It covers the importance of effective financial management and the challenges of managing public sector finances. •
Financial Management and Public Sector Reform: This unit explores the role of finance in public sector reform, including the introduction of new financial management systems and the use of data analytics to support financial decision-making. It covers the challenges of implementing financial reform in the public sector.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


Duration


Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the Qualifi Level 6 Award Managing Finance Public Sector Course

Why choose LSPM ?

  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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