CMI Unit 706 Finance for Strategic Leaders

Practicing leaders must have an understanding of the Finance function to be an effective decision maker within their role. Finance impacts on all aspects of an organisation and has a profound influence on the development and achievement of strategic objectives.

About this course

The aim of this unit is to provide leaders with an understanding of the scope, complexity and role of Finance within an organisational context. Leaders will know how to critically assess methods for analysing financial data and information required to make strategic decisions. Ultimately, the aim of this unit is to equip leaders to be more confident in their understanding of the Finance function.

Learning outcomes

  1. Understand the scope of the Finance function within an organisational context
  2. Understand the role of Finance in strategic decision making

Course content

1.1  Critically appraise how the Finance function supports organisational success

1.2  Discuss the scope, boundaries and governance of Finance within an organisational context

1.3  Critically assess current and emerging technological factors which impact on Finance

2.1 Critically assess how strategic decision making is informed by financial and cost analysis

2.2 Discuss approaches for legal and ethical financial reporting

Key Features

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Time-efficient learning that fits around your other commitments

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Apply the learning directly to your current or future work setting

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Expert tutors with real-world senior management experience

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Become a Chartered Manager (CMgr) and Fellow of the CMI (FCMI)

CMI Unit 706 Finance for Strategic Leaders

Course Summary

Guided Learning

32 Hours

Course / Unit Credit Value

Unit 706: 90 TUT

Qualification 1

CMI Level 7 Strategic Management and Leadership Practice

Qualification 1 Credit Value

Award: 70 TUT; Certificate: 140 TUT; Diploma: 370 TUT
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