ILM Certificate in Leadership and Management course (Finance option)


Course Details

This ILM Certificate in Leadership and Management – Finance course provides existing managers (or those considering a career in management) with an excellent knowledge of Budgets and Budgeting and analysing and interpreting financial statements in an organisation setting. The course includes a Management and Leadership module which covers key Management and leadership Theory along with a unit exploring the organisation environment.

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 Leadership and Management – Finance course?
  • People considering a career in financial management.
  • Non-financial Managers in businesses who wish to gain an understanding of financial aspects of business.
Entry Requirements / Prerequisites
  • Level 5 certificate or equivalent qualification and/or relevant life and work experiences.
  • As this is a Level 5 (UK) professional qualification, learners will be expected to reference their assignment work to a high academic standard.
  • Candidates 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 course draw on candidates own practical experience and as such candidates 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, students must be capable of studying on their own initiative.
  • A basic working knowledge of computers and access to a computer with internet access is required to do the course.
  • For technical requirements required to access CMIT eLearning click here>
  • For more details on the suitability of this course click here>
How CMIT eLearning Works…

Topics covered in this ILM Certificate in Leadership and Management – 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: Understanding the Organisational Environment

  • Uses of PESTLE Analysis
  • Components of a PESTLE Analysis
  • Information Gathering
  • Political and Government Influences
  • Economic Influences
  • Social and Technological
  • Social Trends
  • Industry and Market Analysis
  • Technology Trends
  • Legal and Regulatory Environment
  • Environmental Influences
  • Ethics
  • Key Drivers of Change
  • PESTLE Impact Assessment

Unit 3: Interpreting Financial Statements

  • Key Concepts in Finance
  • Main Financial Statements
  • Financial Principles and Standards
  • Interpreting Financial Statements
  • Use of Financial Statements
  • Interpreting Balance Sheets
  • P&L Statements
  • Horizontal Analysis
  • Trend Analysis
  • Vertical Analysis
  • Ratio Analysis

Unit 4: 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
  • This course is assessed through a series of tutor-marked assignments.
  • All work submitted must be your own work. There is no exam with 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 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.
  • Following successful completion you will receive an ILM Certificate in Leadership and Management (Level 5 UK) from the Institute of Leadership and Management.  This is an award on the UK Regulated Qualification Framework (RQF) and is comparable to an award at level 6 on the Irish National Framework of Qualifications.  CMIT is an approved ILM centre.
  • Please note that there is a Eur60 fee payable for administration, moderation and certification.
  • Click here for Accreditation Details
Student Reviews of this Course

Read Reviews (9)
) based on

by Student July 2017 on Jul 3 2017 10:17

Very good course - very detailed.

by Student June 2016 on Dec 19 2016 11:51

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

by Student March 2016 on Dec 19 2016 11:43

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.

by Student May 2016 on Jun 19 2016 12:02

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.

by Student March 2016 on Mar 19 2016 12:01

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.

by Student February 2016 on Feb 17 2016 14:41

For a non finance person I think that the course was outlined and explained well.

by Student September 2015 on Sep 22 2015 16:06

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.

by Student January 2015 on Feb 27 2015 12:55

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

by Student April 2014 on Feb 27 2015 12:51

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.
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