Program Overview

Management of Finance, Resources and Business Planning in Health and Social Care Settings

Course Overview

This module aims to provide students with the opportunity to synthesise and critically apply financial, resource management, and business planning knowledge and skills in order to enhance and develop their service.

Key Course Details

• Location: Online
• Duration: Part-time, Single Module
• Start Date: January 2022
• Entry Requirements: Evidence of prior successful study at underpinning level
• Programme Specification: Available in PDF format

Course Outline

Course Summary

The indicative module content includes budget planning and management, complex costing interpretation, interpretation of financial statements, information systems to support financial and resource management, payment by results/tariffs, and the effects of changes in service user activity on financial viability.

On successful completion, students will be able to:

• Demonstrate coherent and comprehensive knowledge and understanding of the complex nature of financial and resource management and expenditure
• Provide an in-depth critical analysis of the implications of changes in service user activity on their own service budget and how this affects the financial viability of the organisation
• Demonstrate conceptual knowledge and application of 'payments by results/tariffs' in terms of delivering efficiency gains and their effects on the financial stability of commissioners and providers
• Demonstrate coherent and comprehensive knowledge and critical application of cost-benefit analysis for capital projects, business planning, and decision-making in relation to the development of their service
• Critically discuss the financial and resource management information systems required to support effective finance and resource management in health and social care settings

Assessment, Feedback, and Teaching and Learning Methods

Full details are available in the programme specification.

Timetables

The teaching timetable should be available from the end of August. Access to the timetable is through the Student Hub – students will be able to access the Student Hub after completing online registration. The teaching day is 9am to 6pm, Monday to Friday; please keep other commitments open until confirmation of the teaching timetable, and bear in mind that many courses will offer placements or fieldwork which sometimes extends into the evenings and weekends.

Entry Requirements

• Evidence of prior successful study at underpinning level

Application Information

The closing date for applications is 5 working days prior to the module start date or, if this is the first module, 5 working days prior to the induction date.

Student Finance

The university offers a wide range of scholarships, bursaries, grants, and funds to support students throughout their studies. This includes the Cumbria Bursary - a non-repayable bursary designed to support first-year students with a household income of less than £25,000.

Fees

The tuition fees for CPD and short courses vary based on the intensity and length of the course. Visit the finance page for more information.

Resources and Facilities

The university is amongst the UK's leading health and wellbeing faculties and is proud of the high level of support it is able to offer to its students. It provides a wide range of high-quality courses supported by expert academic and clinical practice staff. If students join, they will enjoy great facilities and learn alongside caring, committed, and experienced professionals. The university's employment record is excellent.

Meet the Staff

The academic staff are passionate about their field and have a wealth of real-world experience to back up their knowledge. Find out more about the tutors.

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