Award in Fundamentals of Accounting and Finance
| Program start date | Application deadline |
| 2025-06-01 | - |
Program Overview
This Level 5 program provides a thorough grounding in accounting and finance principles. Students will develop skills to create financial accounts, communicate financial data, and prepare basic profit and loss statements. The program prepares individuals for entry-level roles in accounting and finance and is offered through a blended approach of face-to-face and work-based learning.
Program Outline
Degree Overview:
This program, the MQF Level 5 Award in Fundamentals of Accounting and Finance, is designed to equip learners with a comprehensive understanding of the fundamental principles of accounting and finance. The program emphasizes the significance of these principles in a business setting and how they contribute to improved organizational performance.
Objectives:
Learners will gain the ability to:
- Draw up simple general ledger accounts and simple journal entries.
- Communicate effectively with various users of financial information, both internally and externally.
- Monitor changes that need to be reflected in various financial statements.
- Define in detail and exemplify financial accounting and the techniques which govern the accounting world.
- Identify the use of simple journal entries and general ledger accounts.
- Prepare basic profit and loss sheets.
Careers:
This course is intended for those who aspire to work in the accounting and finance world. While specific career paths are not outlined, the program provides a foundation for entry-level positions in these fields.
Other:
- Awarding Body: Central Mediterranean Business School (CMBS)
- Accrediting Body: Malta Further and Higher Education Authority (MFHEA)
- Level: Level 5 in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
- Delivery: Face-to-face & Work-based Learning
- Language: English
- Location: Central Mediterranean Business School, The Brewhouse, Mdina Road, Zone 2, Central Business District, Birkirkara CBD 2010, Malta
- Duration: 2 Months
- Starting: Jun 2024/2025
- Credits: 10 ECTS/ECVET
- Full Price (EU Students): €995 (Up to €697 refunded via the Get Qualified Scheme)
Central Mediterranean Business School (CMBS)
Overview:
Central Mediterranean Business School (CMBS) is a further and higher education institution located in Malta. It offers a range of undergraduate and postgraduate programs, as well as sixth-form programs, designed to prepare students for the workplace. CMBS emphasizes a practical, industry-driven approach to education, with a focus on developing students' leadership and management skills.
Services Offered:
Courses:
- CMBS offers a wide variety of courses across various fields, including business management, leadership, finance, human resources, healthcare, sports, hospitality, technology, real estate, culture, transport, and construction.
Faculty:
- CMBS boasts a team of experienced and passionate lecturers who bring real-world experience to the classroom.
Funding:
- CMBS offers funding opportunities through the Get Qualified Scheme, which can cover up to 70% of course fees.
Flexible Payment Terms:
- CMBS provides a "study now, pay later" option to make its courses more affordable.
Childcare:
- CMBS offers a free on-campus childcare service for student parents during lecture hours.
Student Life and Campus Experience:
The provided context does not offer details about student life and campus experience at CMBS.
Key Reasons to Study There:
Industry-Driven Curriculum:
- CMBS focuses on practical, industry-relevant skills, preparing students for real-world challenges.
Experienced Faculty:
- CMBS boasts a team of experienced and passionate lecturers who bring real-world experience to the classroom.
Flexible Learning Options:
- CMBS offers flexible learning options, including part-time and online courses, to accommodate students' busy schedules.
Funding Opportunities:
- CMBS offers funding opportunities through the Get Qualified Scheme, making its courses more accessible.
Free Childcare:
- CMBS provides a free on-campus childcare service for student parents, offering peace of mind and support.
Academic Programs:
CMBS offers a range of academic programs, including:
Undergraduate Diplomas:
- CMBS offers undergraduate diplomas in various fields, such as HR Management.
Master of Business Administration (MBA):
- CMBS offers MBA programs in various specializations, including HR Management and Educational Leadership.
Awards:
- CMBS offers various awards in areas such as Basic Economics for Managers, Operations Management, Information Management in Business, Essentials for Managing People, Advanced Employment Law, Organisational Behaviour, Performance Management, and Mental Health at the Place of Work.
Advanced Diplomas:
- CMBS offers advanced diplomas in fields such as Accounting Finance, and Computer Science.
Other:
CMBS is licensed as a further and higher education institution with the Malta Further and Higher Education Authority. It is a learning partner with Coventry University, ACCA, and Learners University College organisations.
Entry Requirements:
- Diploma pegged at MQF Level 4 or equivalent in a relevant field: This means that applicants must have a diploma that is recognized as being equivalent to the Malta Qualifications Framework (MQF) Level 4, or a similar diploma from another country. The diploma must be in a relevant field, which means that it should be related to accounting and finance.
- Matriculation certificate with at least 2 A-levels and 3 Intermediates: This means that applicants must have a Matriculation certificate, which is a qualification that is awarded to students who have completed secondary education in Malta. The certificate must include at least two A-levels and three Intermediates.
- Matsec certificates with 4 passes at Grade 5 or better: This means that applicants must have Matsec certificates, which are qualifications that are awarded to students who have completed secondary education in Malta. The certificates must include four passes at Grade 5 or better.
- Relevant work experience: This means that applicants may be considered for admission if they have relevant work experience in accounting and finance, even if they do not meet the other entry requirements.
Language Proficiency Requirements:
- Non-native English speakers must also have an English qualification such as CEFR or IELTS 5.5: This means that applicants who are not native English speakers must provide evidence of their English proficiency. They can do this by providing a certificate from the Common European Framework of Reference for Languages (CEFR) or by achieving a score of 5.5 on the International English Language Testing System (IELTS).
