The aim of this Level 7 certified is to develop learners’ ability to enable learners to apply financial principles relevant to management in an organisational context, including analytical techniques and theories/models of management accounting, evaluation of budgetary processes, recommending funding sources and appraising investment options.
Level 7 is equivalent to Master’s level and could transfer 20 credits and full tuition fees to Master programs of Paris-U.
1. Be able to apply the tools and techniques of cost accounting.
1.1 Critically analyse the concepts, features and importance of cost accounting in an organisation.
1.2 Apply tools of costing design and costing systems to an organisation.
1.3 Recommend improvements to the costing and pricing systems of an organisation.
2. Be able to critically analyse the financial performance of businesses.
2.1 Analyse financial statements to assess the financial position of an organisation.
2.2 Recommend organisational decisions based on evaluation of financial statements using financial ratios.
2.3 Propose managerial recommendations on the strategic portfolio of an organisation based on financial analysis.
3. Be able to evaluate the budgetary processes of organisations
3.1 Evaluate budgetary targets for an organisation.
3.2 Develop a master budget for an organisation.
3.3 Critically evaluate budget and budgetary processes in an organisation.
4. Be able to recommend effective long term and short-term sources of funding.
4.1 Assess the need for short term working capital and long- term funds for an organisation.
4.2 Appraise appropriate sources of short term and funds for an organisation.
4.3 Justify choices of sources of funds using a range of criteria related to cost and risk.
5. Be able to critically appraise investment options.
5.1 Apply financial appraisal methods to analyse competing investment projects in different kinds of organisations.
5.2 Justify strategic investment decision for an organisation using relevant financial information.
5.3 Critically analyse strategic investment decisions using information.
Introduction to financial and managerial accounting its purposes and financial strategy formulation. Cost systems:
Cost control of systems:
Financial ratios analysis, interpretation, decisions and limitations:
Budgets monitoring and evaluations
Sources of financial resources; types of funds:
Managing working capitals and appraisal of investment options
Capital and revenue expenditure, risk, cost and controls; cash flow statements; time value of money; different methods of project appraisal like: accounting rate of return; payback period and cash flows; discounted cash flow – net present value and internal rate of return; and allowance for inflation in money and real rates of discount, taxation and project appraisal.
Impacts of information and communication technology; global financial management; using excel sheets in financial analysis, MIS and financial resource plaining and control.
Other indicative reading:
To enroll in the Micro Master program, the learner must possess:
Université Libérale de Paris reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, SIMI shall not be accepted.
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
After graduating from Micro Master programs, students receive all certified documents from Université Libérale de Paris.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a university degree, students can convert all credits and the full tuition fee when participating in the program Paris-U.
Paris-U Micro Master Degree is the certified at the master level and is equivalent to:
Students can convert all credits and the full tuition fee when participating in the Paris-U academic programs if they want to study for an academic degree.
Learners can accumulate 20 credits from the Micro Master program when participating in the Master of Arts in Education Management and Innovation Pedagogy (MAEMIP) of Paris-U. Please see the credit transfer policy HERE
When participating in the MAEMIP program, students who have graduated the Micro Master program will receive a discount equivalent with short courses tuition fee each certified. Please see the tuition fee transfer HERE
As a crucial component of Liberal Education, Paris-U is the first university in the world to fully implement the APEL.Q approach to acknowledge past experience and knowledge. Assist students in becoming rapidly recognized and entering the labor market.
Short Courses Certified programs are completely approved and recognized, according to the same rigorous standards as academic degree programs. Learners might include this qualification in their portfolios when submitting for the APEL.Q examination.
Please note that, the APEL.Q process will lead to only MLSCM degree of Paris-U, not dual degree. For more information, read more HERE
Université Libérale de Paris (Paris-U) Certified program is not-for-profit, so the tuition fees are fully supported by Paris-U its partners. Université Libérale de Paris reserves the right not to accept more students if the number exceeds the quotas.
The Short Courses Certified program is a fully online program. You can study anytime, anywhere. The final exam will be uploaded to the system and marked by the academic panel of Paris-U. Students must submit assignments on time. Otherwise, the student is considered not to continue the program.
Tuition policies are in keeping with the provisions of the Paris-U policy and subject to change without notice. In some case, Paris-U offer variety of Scholarships for International Students.
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