Core Concepts in Finance & Economics: Financial Management & Basic Economics (Accredited)

NQF Level: 5 | Credits: 8 | Duration: 5 Days | Accredited by: Services SETA | Entry Requirements: Matric or equivalent, English proficiency, Computer Literacy

Build a solid foundation in financial management and economics. This accredited 5-day course equips learners with essential skills to manage unit finances, assess and mitigate risks, and apply mathematical analysis to economic and financial data for informed decision-making.

Description

Purpose and Rationale

Financial literacy is critical for effective management and organisational success. This course introduces learners to the core principles of financial management and basic economics, enabling them to monitor and manage financial performance, assess risks, and interpret data for strategic planning.

Participants will gain practical tools to improve financial decision-making and contribute to organisational sustainability.


📘 Course Content

Learners will be able to:

  • Monitor, assess, and manage financial risks
  • Manage the finances of a business unit effectively
  • Apply mathematical analysis to interpret economic and financial information
  • Understand the relationship between financial management and organisational performance

🧭 Who Should Enrol?

  • All staff involved in budgeting or financial decision-making
  • Managers and supervisors
  • Entrepreneurs and business owners
  • Anyone seeking to strengthen financial and economic understanding

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