ILM Award (Finance)

Leadership and Management Level 5 (UK) / comparable to Level 6 (Ireland).

Students have 6 months to complete the course, at their own pace, and may commence at any time of year.

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Accredited
Qualification on RQF (UK).

Tutor-supported
eLearning course with Tutor Support.

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Start any time and work at your own pace.

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ILM Award (Finance)

€395

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Course Details

This ILM Award in Leadership and Management – Finance course provides existing managers (or those considering a career in management) with excellent knowledge of budgets and budgeting, cash flow statements, costing techniques, breakeven analysis, payback periods, net present values and capital appraisal techniques. The course includes a Management and Leadership module which covers key management and leadership theory.

By choosing to study this course with CMIT, Students have 24×7 access to CMIT eLearning for the duration of the course. This includes a comprehensive Course Manual, Video, Quizzes and personalised Tutor Support. The ILM Certificate in Leadership and Management – Finance documentation for this course is detailed and easy to read. You will also be able to upload assessments online and receive online feedback. You can use the eLearning system from any computer that has internet access.

Who should complete this ILM Certificate in Finance course?
  • People Considering a Career in Financial Management: This course is an excellent starting point for those aspiring to enter the field of financial management. It covers essential topics such as budgeting, cash flow statements, and capital appraisal techniques.
  • Non-financial Managers: Managers in businesses who lack a financial background but wish to gain an understanding of the financial aspects of a business will find this course beneficial.
  • Professionals with a Level 5 Certificate or Equivalent: Those who already hold a Level 5 (Ireland) certificate or an equivalent qualification and/or relevant life and work experience would meet the entry requirements for this course.
  • Experienced Managers Seeking Advanced Skills: Managers who have substantial experience in their field but seek to enhance their financial management skills will benefit from this course. It’s particularly useful for those looking to integrate financial considerations into their decision-making processes.
  • Individuals with Degrees in Non-Financial Disciplines: The course is also apt for those who have academic backgrounds in non-financial areas but wish to expand their expertise into financial management. This includes professionals from fields like engineering, healthcare, education, or the arts, who are looking to develop a comprehensive understanding of financial principles to enhance their career prospects or managerial capabilities.
Entry Requirements / Prerequisites
  • Level 5 (Ireland) certificate or equivalent qualification and/or relevant life and work experience.
  • Learners must be fluent in English with excellent written English Skills in order to achieve the assessment criteria. Queries on the standard required can be directed to the college.
  • The assessments for this ILM Certificate in Finance course draw on learners own practical experience and as such learners need to be working or have access to an organisation in which they can plan, execute and reflect on a number of management activities.
  • As this programme is delivered through distance learning, learners must be capable of studying on their own initiative.
  • Basic working knowledge of computers and access to a computer with internet access is required to do the course.
  • View the technical requirements for accessing CMIT eLearning.
  • Learn more about the suitability of this course.

How CMIT eLearning Works…

Play
Topics covered in this ILM Certificate in Finance course
Unit 1: Assessing Your Own Leadership Capability and Performance
  • Management and Leadership
  • Theories of Management and Leadership
  • Personal Competencies: Delegation, Motivation, Influencing, Conflict Management, Teamwork and Collaboration
  • Professional Competencies: Developing and Coaching
  • Leadership Competencies: Initiative, Transparency, Inspiration, Change, Self-control and Adaptability
  • Management Development Options
  • Skills Audit and Development Plan
Unit 2: Making a Financial Case
  • Short and Long-term Planning
  • Budgets and Budgeting
  • Capital and Revenue Expenditure
  • The Cashflow Statement
  • Costing Techniques
  • Cost Behaviour and Allocation
  • Marginal Costing
  • Breakeven Analysis
  • Margin of Safety
  • Capital Appraisal Techniques
  • Payback Period
  • Net Present Value
  • Internal Rate of Return
Assessment
  • This course is assessed through a series of tutor-marked assignments.
  • All work submitted must be your own work. There is no exam for this course.
  • As part of our quality assurance, learner assessment work will be marked by an Internal Assessor, then checked by an Internal Verifier and an External Verifier.
Transfer and Progression to Further Studies
  • Learners who successfully complete this ILM Certificate in Finance programme may build on the units achieved towards another recognised ILM qualification.
ILM Membership
  • All registered candidates automatically become studying members of the ILM for 6 months, free of charge, and can enjoy a range of member benefits.
Accreditation
  • CMIT is registered and approved with ILM to offer programmes leading to ILM qualifications.
  • On successful completion and certification of this course learners will receive (1) a physical certificate accompanied by a certificate of unit credit, (2) a digital credential issued by email which can be added to an email footer or shared on other online platforms, and (3) a Post-nominal digital credential showing the post-nominal letters a successful learner can use to showcase their qualified status.
  • UK: Following successful completion of this course, you will receive an ILM Award in Leadership and Management (Level 5 UK) from the Institute of Leadership and Management, awarded by City and Guilds of London Institute. This qualification is on the UK Regulated Qualification Framework (RQF). Once certified you may use the post-nominal letters AfCGI (Affiliate of the City and Guilds of London Institute)
  • Ireland: This qualification is comparable to an award at level 6 on the Irish National Framework of Qualifications (NFQ). The basis for this comparison is detailed in the following guide: Qualifications can cross boundaries – a guide to comparing qualifications in the UK and Ireland. Once certified you may use the post-nominal letters AfCGI (Affiliate of the City and Guilds of London Institute)
  • Europe: This qualification is fully recognised as the equivalent of a Level 5 on the European Qualifications Framework (EQF).

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Student Reviews of this course

5.0
5.0 out of 5 stars (based on 22 reviews)
Excellent95%
Very good5%
Average0%
Poor0%
Terrible0%

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April 15, 2025

Course has good content with good support.

Student April 2025

So far the coursework has being laid out excellently and easy to understand.

September 11, 2024

So far the coursework has being laid out excellently and easy to understand.

Student September 2024
Verified

Very well laid out and informative content, the manual and the videos are a great structure for the self paced learning. Assessments and Quizzes are challenging enough to match the expected outcomes and encourage self research to find more information.

July 2, 2024

Very well laid out and informative content, the manual and the videos are a great structure for the self paced learning. Assessments and Quizzes are challenging enough to match the expected outcomes and encourage self research to find more information.

Student July 2024
Verified

I really enjoy CMIT, the material is easy to understand and follow, and the flexibility is perfect.

July 10, 2023

I really enjoy CMIT, the material is easy to understand and follow, and the flexibility is perfect.

Studeny July 2023
Verified

Good course, well explained and easy to learn

April 22, 2021

Good course, well explained and easy to learn

Student April 2021
Verified

I was very impressed with way the course was delivered. thank you to both my tutors as they were extremely helpful.

April 19, 2021

I was very impressed with way the course was delivered. thank you to both my tutors as they were extremely helpful.

Student April 2021
Verified

Very happy with how the tutor was quick with responses and turnaround on messages. Felt I was supported when needed.

February 17, 2020

Very happy with how the tutor was quick with responses and turnaround on messages. Felt I was supported when needed.

Student February 2020
Verified

Good course and provided me with the skills to help me in my job.

January 31, 2020

Good course and provided me with the skills to help me in my job.

Student January 2020
Verified

Very enjoyable content.

September 19, 2019

Very enjoyable content.

Student September 2019
Verified

I previously completed another course with CMIT and found it to be a very well organised. The course content was interesting and it contained a lot of information on a variety of different topics.

August 8, 2019

I previously completed another course with CMIT and found it to be a very well organised. The course content was interesting and it contained a lot of information on a variety of different topics.

Student August 2019
Verified

It is a very easy to follow course with very good leeway to take your time through your modules.

May 28, 2019

It is a very easy to follow course with very good leeway to take your time through your modules.

Student May 2019
Verified

I had a very enjoyable learning experience while doing a previous course with CMIT and decided to do another one.

April 30, 2019

I had a very enjoyable learning experience while doing a previous course with CMIT and decided to do another one.

Student April 2019
Verified

The online study option appealed to me as I have other commitments. I chose CMIT for the variety of reasonably priced accredited courses they offered. Having completed a course with CMIT last year, which proved to be a positive experience, I had not hesitation in signing up for another. Interesting and informative .

March 1, 2019

The online study option appealed to me as I have other commitments. I chose CMIT for the variety of reasonably priced accredited courses they offered. Having completed a course with CMIT last year, which proved to be a positive experience, I had not hesitation in signing up for another. Interesting and informative .

Student March 2019
Verified

I would recommend CMIT to anyone who is looking to improve their skills and qualifications as it is a very understandable to help you improve your skills.

February 5, 2019

I would recommend CMIT to anyone who is looking to improve their skills and qualifications as it is a very understandable to help you improve your skills.

Student February 2019
Verified

I looked at CMIT primarily as I needed a self directed course. Due to the distance between my home and office and having a young family, attending a night course was not realistic. CMITs set up is excellent with everything you need. I really enjoyed this course and felt it was more challenging than I expected.

October 15, 2017

I looked at CMIT primarily as I needed a self directed course. Due to the distance between my home and office and having a young family, attending a night course was not realistic. CMITs set up is excellent with everything you need. I really enjoyed this course and felt it was more challenging than I expected.

Student October 2017
Verified

Very good course - very detailed.

July 1, 2017

Very good course – very detailed.

Student July 2017
Verified

Course manuals were simple and easy to read and made the content interesting and understandable. There was no 'jargon' in the manuals as otherwise found in some text books. I found the course material easy to read and understand and I was able to complete the course on time despite a number of periods where I could not get to study. Tutor feedback and advice was helpful. I did not have any difficulties with this course so I can't see anything that could be improved.

June 6, 2017

Course manuals were simple and easy to read and made the content interesting and understandable. There was no ‘jargon’ in the manuals as otherwise found in some text books.

I found the course material easy to read and understand and I was able to complete the course on time despite a number of periods where I could not get to study. Tutor feedback and advice was helpful. I did not have any difficulties with this course so I can’t see anything that could be improved.

Student June 2017
Verified

It seemed like a professional institute and being able to do it from home was very handy. I am considering doing more courses through CMIT in the future.

May 1, 2017

It seemed like a professional institute and being able to do it from home was very handy. I am considering doing more courses through CMIT in the future.

Student May 2017
Verified

The course I was looking to study was available through distance learning by CMIT and I was confident from my research into the course and the college that it was the right course for me.

March 31, 2017

The course I was looking to study was available through distance learning by CMIT and I was confident from my research into the course and the college that it was the right course for me.

Student Mar 2017
Verified

Cmit is an easy way to learn and work at your own pace. Great online help from course tutor also.

January 3, 2017

Cmit is an easy way to learn and work at your own pace. Great online help from course tutor also.

Student Jan 2017
Verified

Studied before with CMIT, found tutors and courses both helpful and enjoyed both courses

December 31, 2016

Studied before with CMIT, found tutors and courses both helpful and enjoyed both courses

Student Dec 2016
Verified

The course I was looking to study was available through distance learning by CMIT and I was confident from my research into the course and the college that it was the right course for me.

March 1, 2016

The course I was looking to study was available through distance learning by CMIT and I was confident from my research into the course and the college that it was the right course for me.

Student March 2016
Verified
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