Finance for Non-Financial Managers

SC3309

Understand & interpret the financial performance of your business

Duration

12 weeks

Next start date

September 2025

NFQ

Level 8

ECTS

5 Credits

Mode of Study

Online

Apply By

Aug 22, 2025, 5PM

Fee

€550

Overview

The module aims to equip you with the necessary knowledge to be able to understand and interpret financial performance, understand the financial implications of decisions and be acutely aware of the importance of cost control and develop practices to aid cost control.

Entry Requirements

Applicants should be over 21 years. 

What you will Learn

On successful completion of this micro-credential, you will have more confidence in engaging with financial aspects of your business, understand and interpret the financial performance of your business and be aware of the implications of your financial decisions.

Course Outcomes
On successful completion of this micro-credential, you will receive credits as per the European Credit and Transfer System. These credits are recognised by the awarding institution as credits aligned to learning completed at undergraduate level 8.

Learning Outcomes

  1. Develop an understanding of the importance of financial accounting and the ability to prepare/interpret business accounts.
  2. Develop an understanding of the basic principles/concepts of costing and an appreciation of good cost control practices and consequent implications for the financial performance of a business.
  3. Understand the need for forecasting/budgeting and the tools required to prepare budgets.
  4. Understand the financial implications of decision making in an organisation and the ability to input into same.
  5. Have an appreciation of the various sources of finance available to an organisation and their respective advantages/disadvantages.
  6. Have an understanding of techniques available to assist in evaluating potential capital investments.

Assessments

  • Department-based Assessment (100%)

Contact

If you have any questions about this course, please contact:

Micro-credentials Team,
University of Galway

Email: Micro-credentials

How to Apply

From the 1st October 2025, you can apply for this micro-credential through our Online Application Portal.

Learn more about our application process.

Apply here: Online Application Portal

College/Interest Type: Business & Management

Academic Programme: Select your micro-credential from the drop-down list

Academic Term: Select the academic term Autumn 2025 (Semester 1) or Spring 2026 (Semester2)

On Page 2 of the application for please select the following Course Instance: Business & Management Micro-credentials CPB13 

Brian

Brian Walsh |   Manager - Site Manager at MSL Engineering Ltd.

The course was delivered weekly using slides and only the first lecture was live. This method suited me as I could login at anytime to watch the prerecordings as I need flexibility with my work and life. The course was a benefit to me as I am involved in commercials of a company business and need to be able to get an understanding of calculations and formulas. I find commercials difficult and this course definitely gave me a better understanding of finance. A special thank you to the course lecturer Mr. David O’ Donovan who presented and issued the micro-credential content online, he was very professional and helpful.
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Emer

Emer Hennessy |   Cancer Centre Manager | University of Galway

As a research manager I deal with large programme budgets and regularly interact with financial accountants. I had been looking for a short course to expand my knowledge of financial management. This micro-credential was perfect to get fundamental understanding of financial & management accounts and business investment – even just to learn accountancy terminology! I would recommend this course to anyone who deals with financial planning & reporting but is outside the finance or business career pathway. The workload was manageable. The course was delivered online via Canvas; the lectures, notes and assignments were well presented and pitched at the right level.
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