Managing Finance in Education - Level 4 (tutor-led)

Please note: This course is not currently being delivered. Please contact us for further details on financequalifications@norfolk.gov.uk.

In this Level 4 tutor-led national qualification you will gain detailed finance and accountancy knowledge to enable you to manage finance effectively in educational establishments. This qualification is ideal for anyone responsible for the management of finances in schools and academies. It is especially beneficial to those working within academies and those converting to academy, as it will provide the necessary business and accountancy skills needed to operate independently from the Local Authority.

Using the experience of our professional training team, we have developed a comprehensive learning package to help you quickly gain the knowledge and skills required to pass the Managing Finance in Education qualification.

Managing assets - How to manage fixed assets including the upkeep of the asset register and formulation of asset management plans
Managing budgets - How to set, profile, monitor, control and report on the school budget to contribute towards the achievement of educational objectives
Financial statements - How to produce the Statement of Financial Activities, Balance Sheet and Statement of Cash Flows along with supporting notes
Managing projects - How to plan and manage projects to ensure they are delivered in accordance with organisational needs
Managing cash - How to plan, forecast, monitor and control cash flow to ensure liquidity and make effective use of surplus cash
Generating income - How to maximise financial resilience through a range of income generating activities including bid writing and grant submissions
Managing procurement - How to ensure effective procurement processes are in place to drive efficiencies and ensure value for money

Each unit is published on the Regulated Qualification Framework and provides practical, real-world accounting and finance knowledge that you can put to use from day one.

Studying for any qualification is a commitment, both in terms of time and funding. We have developed this learning package to provide you with the training and support needed to pass the qualification, at the same time as providing value for money.

There are no entry requirements to take this qualification, although Level 3 Administering Finance in Education would be beneficial. Level 4 is suitable for those already working in, or aspiring to work in, a finance management role within an educational establishment.

Study time - 280 hours over one year

Assessment - Online exam and portfolio

The tutor-led package consists of:

Tutor-led sessions - Benefit from over 9 days of tutor-led courses delivered by our qualified trainers
Practice assessments - Develop your assessment technique with practice assessments
Online study resources - Get exclusive access to online study resources such as forums, videos and eLearning
Support helpline - Access our dedicated support line when you need extra support and guidance

The cost for purchasing the Managing Finance in Education tutor-led package is £2250.

For an informal chat about this qualification please call us on 01603 306407 or email financequalifications@norfolk.gov.uk.