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OBJECTIVE
The objective of this course is to prepare students how to formulate financial strategy and manage strategic relationships while managing risk, using the competencies gained at operational and management levels. |
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Learning outcome
Upon completion of this course, students will be able to:
- evaluate the influence of key external factors on an organisation’s strategy.
- evaluate the process of strategy formulation.
- evaluate the types of risk facing an organisation and recommend appropriate responses.
- evaluate the tools and processes required for strategy implementation.
- evaluate strategic financial and non-financial objectives of different types of entities.
- evaluate the financing requirements of an entity and recommend a strategy for meeting those requirements.
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ADMISSION REQUIREMENTS
The minimum entry requirement is either one of the following criteria:
- Student who have completed CITECH Postgraduate Diploma in Financial Services (Financial Management)
- Students who have completed the CIMA Diploma in Management Accounting
- Students who have completed the CIMA Advanced Diploma in Management Accounting
- Students who have a Master degree or MBA holder, passed finalists and affiliates of other professional bodies are eligible to enter by sitting a gateway assessment. On successful completion of the assessment, the CIMA student will be granted 11 exemptions and awarded the CIMA Advanced Diploma in Management Accounting and be granted exemptions from all certificate, operational and management level exams in CIMA Professional Qualification.
- Other qualifications will be evaluated on a case-by-case basis.
Duration
6 Months (Full Time)
12 Months (Part Time)
Intakes
September
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| Certificate Awarding Body |
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| This certificate is awarded by Chartered Institute of Management Accountants. |
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| Name of Award |
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| Upon completion and passing of external exams, students will be awarded a transcript from CIMA. |
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| Course Structure |
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| Modules Synopsis |
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E3 Strategic Management
This module builds on the insights gained from E1 and E2 about how organisations effectively implement their strategies by aligning their structures, people, process, projects and relationships. E3 aims to develop the skills and abilities of the strategic leaders of organisations, enabling them to create the vision and direction for the growth and long-term sustainable success of the organisation. This involves successfully managing and leading change within the process of strategy formulation and implementation.
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P3 Risk Management
This module shows how to identify, evaluate and manage various risks that could adversely affect the implementation of the organisation’s strategy. It provides the competencies required to analyse, evaluate and apply the techniques, processes and internal control systems required to manage risk. This insight is then used to manage the risks associated with both cash flows and capital investment decisions – two important areas of organisational life for which the finance function is responsible.
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F3 Financial Strategy
This module focuses on the formulation and implementation of financial strategy to support the overall strategy of the organisation. Using insights gained from F1 and F2, it provides the competencies to evaluate the financing requirements of organisations and the relative merits of alternative sources of finance to meet these requirements. Finally, it develops the competencies required to value investment opportunities including the valuation of corporate entities for mergers, acquisitions and divestments.
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| Mode of Assessment |
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| This course will prepare students to sit for external exam set by Chartered Institute of Management Accountant. Students will be required to complete the three individual modules' objective tests. Upon passing the three individual modules' objective tests, the students will be required to sit for the integrated case study. Upon passing both objective tests and integrated case study, students will be awarded the certificate for the respective level from CIMA. |
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| Learning and Teaching Strategies |
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| Every modules are delivered via lectures, PowerPoint presentations, tutorials, and individual assistance as required. |
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| Our courses are generally conducted on a modular basis. Our average contact hours for the Strategic Level program are 50 hours per module which comprise of lectures and tutorials.
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| Graduation Requirements |
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Students will be required to complete the three online individual modules' objective tests set by CIMA. Upon passing the three individual modules' objective tests, the students will be required to sit for the integrated case study. Upon passing both objective tests and integrated case study, students will be awarded the certificate for the respective level from CIMA. |
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| Articulation Pathway |
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Upon successful completion of this Strategic level, students will be able to progress to the Test Of Professional Competence in Management Accounting level. |
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