Overview
Designed for managers, entrepreneurs, and business professionals, this course helps you understand financial statements, budgets, and essential financial terms. You will learn how to analyse business finances, interpret cash flow, set and control budgets, and make smarter financial decisions.
Outcomes
By the end of the Financial Management of a Business Operation course at the University of the Witwatersrand, Johannesburg, the student should be able to:
- explain the differences between the various types of businesses.
- describe the link between strategy and finances.
- define the various key financial terms.
- interpret financial statements and explain how they impact on the analysis of a business's finance.
- set a budget in line with the business strategy.
- take corrective actions and measures to control a budget.
- report on budgetary issues.
- interpret a break-even analysis and explain its significance as an indicator.
- analyse financial year-end statements.
- explain the role of auditing.
- describe the legal requirements for proper financial year-end closure.
Programme Structure
Courses include:
- Types of business operations
- The link between strategy and finances
- Key financial terminology
- Financial statements
- Setting and controlling the budget
- Analysing a business's finances
- Financial year-end statements and legal compliance
Key information
Duration
- Part-time
- 2 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
Delivered
Campus Location
- Johannesburg, South Africa
Disciplines
Business Administration Financial Management View 7 other Short Courses in Business Administration in South AfricaWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- National Senior Certificate or equivalent (NQF 4)
- 1 year's experience controlling a budget
Student Insurance via Studyportals Partner
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Tuition Fees
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International Applies to you
Applies to youNon-residents19854 ZAR / full≈ 19854 ZAR / full -
Domestic Applies to you
Applies to youCitizens or residents19854 ZAR / full≈ 19854 ZAR / full
Living costs
Johannesburg
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.