Keystone logo
FutureLearn Business Management: Fundamentals of Management Accounting Course - The Open University
FutureLearn

Business Management: Fundamentals of Management Accounting Course - The Open University

10 Weeks

English

Part time

USD 639

Distance Learning

Scholarships

Explore scholarship opportunities to help fund your studies

Introduction

Develop your accounting skills and knowledge to help you make better business decisions and achieve your professional goals.

Gain the key accounting knowledge you need to level up your management career

Develop your understanding of how management accounting contributes to a successful business with this microcredential from the Open University.

Discover best-practice approaches to management accounting and inform your professional decision making. You’ll develop new skills to improve your effectiveness and ability to adapt your approach to solving business challenges.

Develop your management accounting skills

This microcredential will provide you with the skills to interpret information, calculate costs, prepare a budget for planning and control purposes, and evaluate costing methods to make financial decisions.

Designed for non-financial experts, it will give you confidence in understanding and using management accounting terminology.

You’ll study critical business problems from a wide range of sectors and contexts to help you prepare for challenges you may face. This can include determining how much your organisation should charge for a new product and analysing how much revenue a future product or service will generate.

By the end of this microcredential, you’ll be able to immediately apply what you have learnt to your work.

How is management accounting different from financial accounting?

Accounting consists of management and financial accounting. Management accounting is an internal process for business transactions and is aimed at helping decision-makers within the organisation make well-informed business decisions. Financial accounting involves collecting accounting data to create financial statements.

The Open University also has a microcredential in Financial Accounting for Non-Financial Roles. This is a complementary course that will give you the expertise you need to be able to confidently interpret and assess financial statements, rather than construct them, allowing you to make well-informed business decisions.

Why are management accounting skills important for career development?

Management accounting skills are critical in helping to plan for the future of a business. These skills can help you set objectives and provide valuable data-driven input to inform business decisions.

When would you like to start?

We aim to run our microcredentials every few months. Join on the date that suits you or register to hear from an enrolment advisor about future runs and updates.

  • 28 March 2022
  • 4 July 2022

What you will receive

10 UK credits at the Undergraduate level from The Open University.

You’ll receive an Open University certificate confirming that you have received 10 academic credits at the Undergraduate level. Credits are awarded on passing the final assessment.

Career-focused learning by

The Open University

The Open University (OU) is the largest academic institution in the UK and a world leader in flexible distance learning, with a mission to be open to people, places, methods and ideas.

What is a microcredential?

Microcredentials are designed to upskill you for work in rapidly-growing industries, without the time and cost commitment of a full degree. Your microcredential can stand alone as an independent credential, and some also offer academic credit to use towards a degree.

Learn Online With Expert Instructors

Complete online courses led by experts over 12-16 weeks with a dedicated group of professionals.

+

Complete Project-Based Assessments

Test your understanding with online tutor-marked assessments and exercises.

+

Earn A Professional Credential

Finish your learning and pass your assessments to gain an accredited credential.

=

Advance Further In Your Career

Use your microcredential as evidence of your specialised skills and progress further in your industry.

Ideal Students

Admissions

Program Outcome

Program Leaders

English Language Requirements

Certify your English proficiency with PTE. The faster, fairer, simpler English test, accepted by thousands of universities around the world. PTE, Do it worry-free!

About the School

Questions

Similar Courses