The programme is available in 2 duration modes:

• 6 months
• 9 months

Online

In order to apply you should have either:

• Level 4 diploma or GCE/GCSE or equivalent overseas qualification. You are also eligible if you hold a higher qualifications such as a bachelors degree or masters degree or a post graduate diploma.

  OR;

1. **Cost Management Fundamentals**
   - Introduction to cost management principles
   - Cost classification and terminology
   - Cost behavior analysis

2. **Cost Estimation and Forecasting**
   - Methods for estimating future costs
   - Budgeting and financial forecasting
   - Variance analysis and performance evaluation

3. **Cost Control Techniques**
   - Cost control strategies and techniques
   - Budgetary control and variance analysis
   - Process optimization and continuous improvement

4. **Financial Reporting and Analysis**
   - Financial statements interpretation
   - Ratio analysis for cost management
   - Cost accounting for decision-making

5. **Strategic Cost Management**
   - Strategic cost analysis and competitive advantage
   - Activity-based costing (ABC) and process costing
   - Cost-volume-profit (CVP) analysis

6. **Cost Management in Projects**
   - Project cost planning and estimation
   - Cost tracking and control in project management
   - Risk assessment and contingency planning

7. **Cost Management Software and Tools**
   - Utilizing cost management software
   - Excel and financial modeling for cost analysis
   - ERP systems for cost control

8. **Ethics and Compliance in Cost Management**
   - Ethical considerations in cost accounting
   - Regulatory compliance and reporting standards
   - Corporate social responsibility (CSR) in cost management

9. **Strategic Financial Decision-Making**
   - Capital budgeting and investment analysis
   - Strategic financial planning
   - Financial risk management

10. **Case Studies and Practical Applications**
    - Real-world case studies and simulations
    - Applying cost management concepts to various industries
    - Problem-solving and decision-making exercises

These units provide a comprehensive understanding of cost management, equipping learners with the knowledge and skills needed to excel in finance and accounting roles.

Assessment is via assignment submission

The fee for the programme is as follows:

• 6 months - Accelerated mode @ GBP £1250
• 9 months - Standard mode @ GBP £950

The programme offers following fee payment plans:

6 months programme
● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months programme
● Payment option (c): GBP £190 x 5 monthly instalments
● Payment option (d): GBP £475 x 2 quarterly instalments
● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

For detailed information, we kindly advise you to chat with our admissions team.