Extended Diploma in Finance and Risk Management
In Partnership with Qualifications Scotland
About Extended Diploma in Finance and Risk Management
The Extended Diploma in Finance and Risk Management is designed to develop advanced knowledge and understanding across strategic management, international marketing management, strategic leadership and HR practices, accounting, sustainability, and financial risk management. The programme brings together strategic business knowledge and financial management capabilities, enabling learners to explore organisational strategy, competitive advantage, international business environments, leadership, financial information, sustainability, and the management of financial risk.
Fee Details
- Program Fee: $6000
- Payment Options: Flexible instalments available
Eligibility
- Completion of higher secondary education or equivalent qualification preferred
- OR
- Relevant professional background subject to eligibility review
- (Advisor guidance available for eligibility assessment.)
- Minimum age: 21 years
- Educational/Professional Requirement: Applicants must have either:
- A Bachelor’s Degree, or 3 years of relevant work experience
Why Westford Learn?
- Globally Recognised Qualifications Scotland Qualification
- Flexible, Self Paced Learning for Working Professionals
- Industry Relevant, Practical Business Skills
- Study Anytime, from Anywhere with 24/7 Access
- Dedicated Academic Support Throughout
- Strong Career Progression Opportunities
Course Curriculum
Module 1: Strategic Management Develop strategic management knowledge by examining internal and external business environments, competitive advantage, organisational capabilities, strategy, innovation, change, and international business.Duration: 4–6 weeks | SCQF Credits: 20
This module explores the strategic environment in which organisations operate. Learners examine internal and external environmental dynamics, strategic capabilities, sources of competitive advantage, organisational culture, innovation, change, and different approaches to business level, corporate, diversification, and international strategies.
Learning Outcome
- Understand the external and internal environment dynamics and assess a business organisation’s strategic capabilities.
- Understand the nature and sources of competitive advantage to gain a strategic advantage.
- Analyse the strategic purpose, culture, inter organisational relationships, innovation and change abilities, which can increase the strategic capabilities of an organisation.
- Understand business level strategies, corporate strategies, diversification, and international strategies.
Key Topics
- Internal and external business environments
- Strategic capabilities
- Competitive advantage
- Organisational culture
- Inter organisational relationships
- Innovation and change
- Business level strategies
- Corporate strategies
- Diversification strategies
- International strategies
Assessment
- Assignment / Case analysis
Prerequisites
- None
Module 2: International Marketing Management Explore international business and marketing environments, emerging economies, global expansion, responsible decision making, and the development of appropriate international marketing plans.Duration: 4–6 weeks | SCQF Credits: 20
This module examines the complexities of the global business environment and the changing geo economic landscape. Learners analyse international business environments, managerial decision-making, governance, international expansion, and marketing planning while considering social and ethical responsibility.
Learning Outcome
- Analyse and assess the peculiarities of the global business environment and shifts in the geo economic situation, putting particular emphasis on emerging economies and their role in an international business environment.
- Formulate judgments and take socially and ethically responsible decisions in a global business environment.
- Analyse and assess internal and external international business environments and derive managerial decisions on the company’s governance and international expansion.
- Develop appropriate marketing plans with marketing techniques and be creative and innovative while launching products/services.
Key Topics
- Global business environment
- Geo economic shifts
- Emerging economies
- International business environments
- Socially and ethically responsible decision-making
- Corporate governance
- International expansion
- International marketing planning
- Marketing techniques
- Product and service launches
Assessment
- Assignment / Case analysis
Prerequisites
- None
Module 3: Strategic Leadership and Hr Practices in Organisations Develop strategic leadership and human resource management capabilities by examining HR practices, organisational performance, leadership styles, and organisational change.Duration: 4–6 weeks | SCQF Credits: 20
This module examines the significance of Strategic Human Resources Management, the changing HR landscape, the impact of HR activities on organisational performance, leadership practices, and approaches to implementing organisational change.
Learning Outcome
- Critically analyse the significance of Strategic Human Resources Management and its changing landscape in organisations.
- Critically discuss the impact of Human Resources Management activities on Organizational Performance.
- Evaluate various leadership styles and practices in organisations.
- Plan how to implement change in an organisation.
Key Topics
- Strategic Human Resources Management
- Changing HR landscape
- Human Resource Management activities
- Organisational performance
- Leadership styles
- Leadership practices
- Organisational change
- Change implementation
Assessment
- Assignment / Case analysis
Prerequisites
- None
Module 4:Accounting For Next Generation Leaders Develop an understanding of financial and management accounting, financial analysis, budgeting, forecasting, cash flow, capital allocation, business models, and working capital requirements.Duration: 4–6 weeks | SCQF Credits: 20
This module focuses on the use and analysis of financial information for management decision making. Learners explore management reporting, financial analysis, budgeting, forecasting, cash flow, capital allocation, business models, growth and exit strategies, and working capital.
Learning Outcome
- Understand management control and analysis of financial information that includes management reporting, financial analysis, budgeting, and forecasting.
- Understand the activities where finance and accounting departments have high responsibility, visibility, and the potential to significantly impact organisational performance.
- Understand how to blend the relevant knowledge associated with financial and management accounting within performance standards and operational procedures of modern-day business.
- Understand how to control aspects of cash flows, bottom line, capital allocation strategies and processes, develop growth and exit strategies, design budgets, business models and forecasts, and strengthen working capital requirements.
Key Topics
- Financial information analysis
- Management reporting
- Financial analysis
- Budgeting
- Forecasting
- Financial and management accounting
- Organisational performance
- Cash flow management
Assessment
- Assignment / Case analysis
Prerequisites
- None
Module 5: Sustainability And Business Explore the multiple dimensions of sustainability, global challenges, organisational sustainability strategies, strategic alignment, and the contribution of businesses and individuals to global sustainability.Duration: 4–6 weeks | SCQF Credits: 20
This module examines sustainability within the context of business and global challenges. Learners evaluate sustainability strategies, assess the alignment of business functions with sustainability objectives, and consider organisational and individual contributions to global sustainability.
Learning Outcome
- Appraise the multiple dimensions of sustainability for businesses in the context of global challenges.
- Critically review, evaluate, and develop sustainability strategies for organisations.
- Critically analyse the strategic alignments of the business functions to sustainability.
- Critically analyse an organisation's global sustainability and individuals’ contribution to creating an impact on global sustainability.
Key Topics
- Dimensions of sustainability
- Global sustainability challenges
- Sustainability strategies
- Organisational sustainability
- Business functions and sustainability
- Global sustainability
- Individual contribution to sustainability
- Strategic alignment
Assessment
- Assignment / Case analysis
Prerequisites
- None
Module 6: Financial Risk Management Develop an advanced understanding of financial risk management, including risk management frameworks, financial risk within firms, governance, and financial portfolio valuation models.Duration: 4–6 weeks | SCQF Credits: 20
This module focuses on the building blocks of financial risk management and examines how firms identify and manage financial risk. Learners also explore risk management governance and models used for valuing financial portfolios.
Learning Outcome
- Critically discuss the building blocks of risk management.
- Critically assess how firms manage financial risk.
- Critically discuss the Governance of Risk Management.
- Critically analyse models for valuing financial portfolios.
Key Topics
- Risk management principles
- Financial risk
- Financial risk management within firms
- Governance of risk management
- Financial portfolio valuation
- Financial risk models
Assessment
- Assignment / Case analysis
Prerequisites
- None
Awarded by Qualifications Scotland
This qualification is credit-rated at SCQF Level 11 and aligned with the Scottish Credit and Qualifications Framework, ensuring international recognition, academic quality, and career progression opportunities.
Certified Financial Decision Making Programme
Awarded by Chartered Management Institute, UK 
Awarded by Chartered Management Institute, UK
The Chartered Management Institute (CMI) works with business and education to inspire people to become skilled, confident, and successful managers and leaders. Chartered Management Institute is the only chartered professional body dedicated to promoting the highest standards in management and leadership excellence.Â
Elevate Your Professional Credential
Take your professional development a step further with the option to claim a CMI Certificate alongside your programme.
Available as an optional certificate upgrade, this provides formal recognition of your learning through the Chartered Management Institute (CMI) and adds further value to your professional qualification.
$3600
$6000
40% OFF
40% OFF
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MBA with Finance & Risk Management (Top-up) The MBA in Finance & Risk Management from Westford Global Education, in collaboration with Abertay University, UK and Scottish Qualifications Authority (SQA), offers a comprehensive program designed to help professionals thrive in the ever-evolving field of Finance and Risk Management by developing current knowledge, practical skills, and strategic expertise. Duration: 6-8 Months | Total Credits: 120 | Price: $3600
The MBA with Finance and Risk Management, offered by Westford Global Education in partnership with Abertay University, UK, is designed to thrive in the ever-evolving field of Finance and Risk Management, professionals must stay updated with current knowledge and skills.Â
This program goes beyond traditional finance topics, exploring advanced subjects such as Accounting For Next Generation Leaders and Sustainability and Business. It also incorporates theories from other business segments like Human Resources and Digital Marketing, providing a holistic understanding of the industry. This enhances service delivery and strengthens management and decision-making abilities.
Delivered in a blended learning format, the program takes a research-centric approach, empowering learners to drive their own education. Access to recorded virtual classes and an extensive library of research journals allows for self-paced progress and practical application of theories. Learners can make informed conclusions based on real-world insights.
By combining academic rigor with practical application, the MBA in Finance & Risk Management equips professionals with the necessary tools to excel in their careers. Whether exploring growth opportunities or advancing within their current roles, learners benefit from a comprehensive and flexible program that caters to the evolving demands of the industry.
Credits for Part 2: 60 accumulating to a total of 180 to complete the MBA with Finance and Risk Management
SCQF Level: 11
Mode: Blended with onsite workshops and a dedicated supervisor for the Capstone Project
Part 2: Upon completion of the 3 modules of part 2, students will be eligible for receiving MBA with Finance and Risk Management degree, awarded by Abertay University, these modules contribute towards a total of 60 credits.
Modules
- Research Methods
- Research Proposal
- Management Investigation(Capstone Project)
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