Welcome to Open Learning College – Change your career, Increase your salary, and Improve your life.
Course Overview
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Business Finance (Level 2) course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Business Finance.
This programme offers a comprehensive introduction to the principles and practices of business finance, catering to individuals seeking to enhance their understanding of financial concepts and their application in real-world scenarios. With no prior knowledge required, this course is accessible to beginners who are eager to delve into the world of finance and develop essential skills that are invaluable in various professional settings.
The course content is structured into four modules, each covering essential aspects of business finance. In Module 1, participants are introduced to bookkeeping, a fundamental skill in financial management. They learn how to accurately record financial transactions, maintain ledgers, and prepare financial statements, laying the groundwork for effective financial reporting and analysis.
Module 2 focuses on credit control, a critical function in ensuring the financial health of businesses. Participants learn strategies for managing credit risk, assessing creditworthiness, and implementing effective credit control procedures. By understanding how to monitor and collect outstanding debts, participants gain insights into optimising cash flow and minimising bad debt losses.
Costing and pricing are the focal points of Module 3, where participants explore methodologies for determining the costs of products or services and setting appropriate prices. They learn about various costing methods, such as absorption costing and marginal costing, and how to calculate the cost of goods sold (COGS) to inform pricing decisions. Additionally, participants gain an understanding of pricing strategies and the factors influencing pricing in competitive markets.
In Module 4, participants delve into management accounting, a vital tool for internal decision-making and performance evaluation. They learn how management accountants analyse financial data to support strategic planning, budgeting, and performance measurement. Topics covered include budgeting techniques, variance analysis, and the use of key performance indicators (KPIs) to assess business performance and drive improvements. Through this comprehensive curriculum, participants acquire the knowledge and skills needed to navigate the financial aspects of business operations effectively.
Course Key Topics
the Business Finance (Level 2) course is divided into 4 modules.
Module 1: Book-keeping
Module 2: Credit Control
Module 3: Costing & Pricing
Module 4: Management Accounting
(Please click on the curriculum tab above to see a detailed view of each module)
Course Content
Business Finance (Level 2) – FREE Starter Pack
How to…. (a series of explainer videos)
Module 1 – Book-keeping
Module 2 – Credit Control
Module 3 – Costing & Pricing
Module 4 – Management Accounting
Course Resources
Final Exam
College Announcements
🔍 Explore the World of Business Finance and Save £50 on Your Course! 📊💰
Ready to dive into the realm of business finance?
For a limited time, grab the opportunity to enrol in our Business Finance (Level 2) course with an exclusive £50 discount!
Use code BIZFIN50 at checkout before the month ends!
🌟 Why Choose Our Business Finance Course
Presented by Open Learning College, this course is your pathway to understanding the fundamentals of business finance. Delve into comprehensive modules covering crucial topics—from financial statements and budgeting to investment strategies. Gain practical insights and analytical skills essential for effective financial management in business.
💡 What Makes Our Course Stand Out
Expert Tuition: Learn from seasoned professionals with extensive experience in finance and accounting.
Practical Applications: Apply theoretical concepts to real-world scenarios through interactive exercises and case studies.
Career Advancement: Enhance your employability and open doors to diverse opportunities in the finance industry.
Don't miss out on this chance to elevate your knowledge in business finance at a discounted rate! Enrol now, use code BIZFIN50* at checkout, and kickstart your journey towards financial expertise. 📊💼✨
*This discount code cannot be used in conjunction with any other offer.
Emily Ward