Managing Finance and Resources in Health and Social Care Settings
| Program start date | Application deadline |
| 2022-01-01 | - |
Program Overview
Managing Finance and Resources in Health and Social Care Settings
Course Overview
The aim of this module is to provide students with the opportunity to enhance their knowledge of finance and resource management in relation to their role and the improvement of services.
Key Course Details
- Location: Online
- Duration: Part-time, Single Module
- Start date: January 2022
- Entry Requirements: Programme specification (PDF)
Course Outline
Course Summary
The indicative module content includes links between financial resources and service users; importance of accurate record keeping in relation to finance/resource management; interpreting costings - fixed, variable, direct, indirect and marginal; budgeting and managing a budget; payment by results/tariffs and links to service user information requirement; cost benefit analysis.
On successful completion, students will be able to:
- Demonstrate a critical understanding of the principles and practices of budgeting and resource management and how this impacts upon and links to service user activity
- Critically reflect upon their role in relation to finance and resources
- Critically reflect upon how 'payments by results/tariffs' impacts on their organisation/department and demonstrate a critical understanding of the service user information requirements linked to this
- Demonstrate a critical understanding of business planning for quality improvement in relation to their role and service
- Demonstrate an understanding of costings and critically apply this to the cost benefits analysis process.
Indicative Core Bibliography
- Chartered Institute of Public Finance & Accounting (2011) A brief guide to local Government finance for Councillors CIFPA, London
- Drury C (2004) Management and Cost Accounting 6th Ed., Thompson, London
- Dwyer J, Stanton P & Thiessen V (2004) Project Management in Health & Community Services: getting good ideas to work. Sage, London
- Healthcare Financial Management Association (2011) Introductory Guide to NHS Finance in the UK 10th Ed., HFMA, London
- NHS Institute for Innovation & Improvement (2005) Improvement Learners' Guides - available at: capability/improvementintroduction.html
Entry Requirements
- Evidence of prior successful study at underpinning level.
Selection Criteria
To be eligible to study this module, students should be able to apply it to their practice.
Application Information
The closing date for applications is 5 working days prior to the module start date or, if this is the student's first module, 5 working days prior to the induction date.
Student Finance
We have a wide range of scholarships, bursaries, grants and funds available to support students throughout their studies with us. 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 our finance page for more information.
Resources and Facilities
We are amongst the UK's leading health and wellbeing faculties and are proud of the high level of support we are able to offer to our students.
We provide a wide range of high-quality courses supported by expert academic and clinical practice staff. If you join us you will enjoy great facilities and learn alongside caring, committed and experienced professionals. Our employment record is excellent.
Meet the Staff
Our academic staff are passionate about their field and have a wealth of real-world experience to back up their knowledge. Find out more about your tutors.
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University of Cumbria
Overview:
University of Cumbria is a public university located in the northwest of England. It is known for its focus on practical learning and its commitment to supporting local communities. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including health, education, arts, science, and business.
Services Offered:
The university provides a comprehensive range of services to its students, including:
Academic Support:
Access to academic staff, student finance advice, and accommodation services.Student Life:
A vibrant campus experience with facilities, student support, and opportunities for extracurricular activities.International Student Support:
Dedicated services for international students, including visa guidance, fees and finance information, and cultural integration support.Research:
Opportunities for postgraduate study and engagement in research projects across various fields.Business & Employer Services:
Support for businesses and employers, including CPD training, apprenticeship programs, and recruitment services.Student Life and Campus Experience:
University of Cumbria offers a diverse campus experience with multiple locations across Cumbria and London. Students can expect:
Beautiful Campuses:
Campuses located in scenic areas, including the Lake District and historic Carlisle.Community Focus:
A strong sense of community with opportunities to engage in local initiatives and events.Facilities:
Access to modern facilities, including libraries, labs, studios, and sports centers.Student Support:
A dedicated student support team providing guidance and assistance with academic, personal, and financial matters.Key Reasons to Study There:
Practical Learning:
Emphasis on practical skills development and real-world experience through placements and internships.Strong Industry Links:
Close partnerships with local businesses and organizations, providing students with valuable networking opportunities.Focus on Employability:
High graduate employment rates, with a strong focus on preparing students for successful careers.Unique Locations:
Campuses located in inspiring and diverse settings, offering a unique learning experience.Academic Programs:
University of Cumbria offers a wide range of academic programs, with strengths in the following areas:
Health:
Nursing, Midwifery, Paramedic Science, Radiography, and Health and Social Care.Education:
Teacher Training, Early Years Education, and Special Educational Needs.Arts:
Film, Theatre, Photography, Fine Art, and Creative and Media Arts.Science and Environment:
Wildlife Conservation, Forestry, Outdoor Education, and Environmental Science.Business and Leadership:
Business Management, Tourism, Law, Forensics, and Policing.Sport and Rehabilitation:
Sports Science, Sports Coaching, and Rehabilitation.Other:
The university is committed to equality, diversity, and inclusion, and has received various accreditations for its commitment to these values. It also actively participates in the Research Excellence Framework (REF) and has a strong focus on knowledge exchange and impact.
