MQF/EQF LEVEL 5

Award in Fundamentals of Management Accounting

Table of Contents

The Award in Fundamentals of Management Accounting provide learners with an in-depth understanding of the fundamental principles and techniques of management accounting. These principles and techniques serve as essential tools in businesses, aiding in insightful planning, effective control, and informed decision-making processes. Learners will gain practical skills to navigate and contribute effectively to organisational success.

Learners will learn how to:

  • Apply cost accounting techniques to facilitate informed decision-making
  • Create traditional and flexible budgets and correlate them with their behavioral implications
  • Measure and calculate costs across various elements, types, and behaviours
  • Apply cost-volume-profit (CVP) analysis to conduct break-even analysis in business
  • Develop forecasts and budgets to strategise and oversee cost management and contribution

 

Awarding Body

This qualification is awarded by Central Mediterranean Business School (CMBS).

Accrediting Body

This qualification is accredited by the Malta Further and Higher Education Authority. MFHEA deems the Award in Fundamentals of Management Accountingto be at Level 5 in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.

Entry Requirements

To be eligible for the programme, candidates must hold any one of the following requirements:

  • Diploma pegged at MQF Level 4 or equivalent in a relevant field
  • Matriculation certificate with at least 2 A-levels and 3 Intermediates
  • Matsec certificates with 4 passes at Grade 5 or better
  • Relevant work experience

Non-native English speakers must also have an English qualification such as CEFR or IELTS 5.5.

To determine your eligibility, at CMBS, we assess many factors including your education, career progression, and leadership and entrepreneurship qualities. If you do not meet the standard entry requirements and are adequately prepared to succeed in this programme, we welcome and encourage you to contact us for an interview.

Mode of Assessment

The Award in Fundamentals of Management Accounting will be assessed through the use of an exam, an individual project and a reflective journal. 

Who is this course for?

This course is intended for those who are aged 18+ and aspire to work or are already working in the finance field.

Delivery

Face-to-face

Language

This programme will be delivered in English.

Tutor

Location

Key Info

Duration

2 Months

Starting

May 2024

Credits

12 ECTS/ECVET

Full Price (EU Students)

€995
Up to €697 refunded via the Get Qualified Scheme.

Have questions?

Email us at admissions@cmbs.edu.mt or call on +356 9912 1110 to learn more.

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