Level 6 Award in Managing Finance in the Public Sector

Credits:10  |  Course code:L6-AMFPS-ATHE

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The Level 6 Award in Managing Finance in the Public Sector equips professionals with the skills to effectively manage finances in government organizations. This qualification covers budgeting, financial reporting, and risk management specific to the public sector. Gain the expertise needed to make informed financial decisions and drive efficiency in public sector finance management. Advance your career with this specialized award. About Level 6 Award in Managing Finance in the Public Sector
Are you looking to advance your career in finance within the public sector? Enroll in our Level 6 Award in Managing Finance in the Public Sector course to gain the essential skills and knowledge needed to excel in this specialized field. This comprehensive program covers topics such as budgeting, financial reporting, risk management, and compliance within the public sector. Our expert instructors will guide you through real-world case studies and practical exercises to ensure you are well-equipped to handle the financial challenges unique to government organizations. By completing this course, you will be prepared to take on leadership roles in public sector finance and make a positive impact on your organization's financial health. Don't miss this opportunity to enhance your career prospects - enroll today!

Keywords: finance, public sector, managing finance, budgeting, financial reporting, risk management, compliance, leadership, government organizations, career advancement. Who is this course for?:
The Level 6 Award in Managing Finance in the Public Sector is designed for individuals working in the public sector who are responsible for managing finances within their organizations. This qualification provides learners with the knowledge and skills needed to effectively manage financial resources in a public sector setting. The target audience for this award includes: 1. Finance Managers: Individuals who are responsible for overseeing the financial operations of public sector organizations. 2. Budget Analysts: Professionals who are involved in developing, analyzing, and monitoring budgets in the public sector. 3. Accountants: Those who are responsible for preparing financial statements, conducting audits, and ensuring compliance with financial regulations. 4. Financial Controllers: Individuals who are responsible for managing financial reporting, budgeting, and financial analysis in the public sector. 5. Public Sector Managers: Professionals who are responsible for making financial decisions and managing financial resources within public sector organizations. Below is a table highlighting the key target audience for the Level 6 Award in Managing Finance in the Public Sector:

Finance Managers	Budget Analysts	Accountants	Financial Controllers	Public Sector Managers
Oversee financial operations	Develop and analyze budgets	Prepare financial statements	Manage financial reporting	Make financial decisions
Ensure financial compliance	Monitor budget performance	Conduct audits	Budgeting	Manage financial resources

Career path:
Career Roles for Level 6 Award in Managing Finance in the Public Sector: Upon completion of the Level 6 Award in Managing Finance in the Public Sector, individuals will be equipped with the knowledge and skills necessary to pursue various career roles in finance within the public sector. Some potential career roles include: 1. Financial Manager: - Responsible for overseeing financial operations, budgeting, and financial reporting within a public sector organization. - Average Salary: | Currency | Average Salary | |----------|---------------| | GBP £ | £50,000 | | EUR € | €55,000 | | USD $ | $60,000 | 2. Budget Analyst: - Analyze financial data, prepare budget reports, and monitor spending to ensure efficient use of funds in the public sector. - Average Salary: | Currency | Average Salary | |----------|---------------| | GBP £ | £40,000 | | EUR € | €45,000 | | USD $ | $50,000 | 3. Financial Controller: - Manage financial activities, develop financial strategies, and ensure compliance with regulations in a public sector organization. - Average Salary: | Currency | Average Salary | |----------|---------------| | GBP £ | £55,000 | | EUR € | €60,000 | | USD $ | $65,000 | 4. Auditor: - Conduct financial audits, assess financial controls, and provide recommendations for improvement in the public sector. - Average Salary: | Currency | Average Salary | |----------|---------------| | GBP £ | £45,000 | | EUR € | €50,000 | | USD $ | $55,000 | 5. Finance Director: - Lead financial planning, budgeting, and financial analysis efforts in a public sector organization. - Average Salary: | Currency | Average Salary | |----------|---------------| | GBP £ | £60,000 | | EUR € | €65,000 | | USD $ | $70,000 | These career roles offer opportunities for growth and advancement in the field of finance within the public sector. Duration

The programme is available in 2 duration modes:

• 6 months
• 9 months

Course delivery: Online Entry requirements:

• This qualification is designed for learners who are typically aged 19 and above. OR;
• One or two years’ study of business, management or related qualifications at a Higher Education Institution or A level 5 qualification in business, management or related subjects for example Level 5 Diploma in Management or Other equivalent international qualifications

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Course content

Module	Description
Module 1: Introduction to Public Sector Finance	This module provides an overview of the financial management practices in the public sector, including budgeting, accounting, and reporting.
Module 2: Financial Planning and Analysis	Students will learn how to develop financial plans, analyze financial data, and make informed decisions based on financial analysis.
Module 3: Risk Management in the Public Sector	This module covers the principles of risk management in the public sector, including identifying, assessing, and mitigating financial risks.
Module 4: Financial Regulations and Compliance	Students will learn about the regulatory framework governing public sector finance and how to ensure compliance with financial regulations.
Module 5: Financial Reporting and Accountability	This module focuses on financial reporting requirements in the public sector and the importance of accountability in financial management.

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Assessment: Assessment is via assignment submission

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Fee structure

• 6 months - Accelerated mode @ GBP £1299
• 9 months - Standard mode @ GBP £999

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Fee payment plans
6 months programme
● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months programme
● Payment option (c): GBP £199 x 5 monthly instalments
● Payment option (d): GBP £499 x 2 quarterly instalments
● Payment option (e): GBP £949 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

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Accreditation
The qualification is delivered by London School of International Business (LSPM) and it is awarded by ATHE, an Ofqual-regulated Awarding Body. All of the qualifications are listed on the Ofqual register.

The Level 6 Award in Managing Finance in the Public Sector is a qualification designed for individuals working in finance roles within the public sector. This course provides essential knowledge and skills needed to effectively manage finances in a public sector organization. Some crucial facts about the Level 6 Award in Managing Finance in the Public Sector include: - It covers topics such as financial management principles, budgeting, financial reporting, and risk management specific to the public sector. - The qualification is accredited by a recognized awarding body and is widely recognized by employers in the public sector. - The course is typically delivered through a combination of online learning, workshops, and assessments. - Successful completion of the Level 6 Award in Managing Finance in the Public Sector can lead to career advancement opportunities and increased job prospects within the public sector. Below is a table highlighting some key modules covered in the Level 6 Award in Managing Finance in the Public Sector:

Module	Description
Financial Management Principles	Understanding the key principles of financial management in the public sector.
Budgeting	Learning how to create and manage budgets effectively within a public sector organization.
Financial Reporting	Exploring the requirements and best practices for financial reporting in the public sector.
Risk Management	Understanding how to identify and manage financial risks within a public sector organization.

The Level 6 Award in Managing Finance in the Public Sector is essential for individuals working in public sector organizations to effectively manage financial resources and ensure accountability and transparency in financial management practices. This qualification equips professionals with the necessary skills and knowledge to make informed financial decisions, comply with regulatory requirements, and optimize financial performance in the public sector. Below is a table highlighting the key benefits of obtaining the Level 6 Award in Managing Finance in the Public Sector:

Benefits	Description
Enhanced Financial Management Skills	Develop advanced financial management skills to effectively manage budgets, analyze financial data, and make strategic financial decisions.
Compliance with Regulatory Requirements	Understand and comply with regulatory requirements governing financial management in the public sector to ensure legal and ethical practices.
Improved Financial Performance	Optimize financial performance by implementing best practices in financial management, budgeting, and reporting.
Accountability and Transparency	Promote accountability and transparency in financial management practices to build trust with stakeholders and the public.

By completing the Level 6 Award in Managing Finance in the Public Sector, professionals can enhance their career prospects, contribute to the efficient use of public funds, and drive organizational success in the public sector.