The unit aim is to develop the financial management skills for those who manage or seek to manage the performance, risk, and financial decision- making needs of small and medium enterprises (SMEs), and small and medium practices (SMPs). The unit will give an understanding, application, and analysis of the funding and management of capital within an organisation. In particular, it will focus on the management and evaluation of investment appraisal decisions. Organisational performance and recommendations for its improvement and growth will also be analysed.

Learners will be able to apply investment appraisal techniques to investment decisions and make recommendations. They will also be able to use valuation models and cost of capital models to determine the value of an organisation and its capital structure cost and manage foreign exchange risk, credit, and gearing. They will be able to apply techniques to evaluate and make recommendations for the management of performance, resources, capital structure, and risk.