Award in Fundamentals of Accounting and Finance

Program Overview

This Level 5 program provides a thorough grounding in accounting and finance principles. Students will develop skills to create financial accounts, communicate financial data, and prepare basic profit and loss statements. The program prepares individuals for entry-level roles in accounting and finance and is offered through a blended approach of face-to-face and work-based learning.

Program Outline

Degree Overview:

This program, the MQF Level 5 Award in Fundamentals of Accounting and Finance, is designed to equip learners with a comprehensive understanding of the fundamental principles of accounting and finance. The program emphasizes the significance of these principles in a business setting and how they contribute to improved organizational performance.

Objectives:

Learners will gain the ability to:

• Draw up simple general ledger accounts and simple journal entries.
• Communicate effectively with various users of financial information, both internally and externally.
• Monitor changes that need to be reflected in various financial statements.
• Define in detail and exemplify financial accounting and the techniques which govern the accounting world.
• Identify the use of simple journal entries and general ledger accounts.
• Prepare basic profit and loss sheets.

Careers:

This course is intended for those who aspire to work in the accounting and finance world. While specific career paths are not outlined, the program provides a foundation for entry-level positions in these fields.

Other:

• Awarding Body: Central Mediterranean Business School (CMBS)
• Accrediting Body: Malta Further and Higher Education Authority (MFHEA)
• Level: Level 5 in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
• Delivery: Face-to-face & Work-based Learning
• Language: English
• Location: Central Mediterranean Business School, The Brewhouse, Mdina Road, Zone 2, Central Business District, Birkirkara CBD 2010, Malta
• Duration: 2 Months
• Starting: Jun 2024/2025
• Credits: 10 ECTS/ECVET
• Full Price (EU Students): €995 (Up to €697 refunded via the Get Qualified Scheme)