Finance (QQI Level 6)

374.00 229.00

  • Course Fee: Special Offer price Now only: €229
  • Award: QQI Level 6 component Certificate in Finance (6N4165).
  • NFQ Credit Value: 15 Credits.
  • Format: Distance Learning course supported with fully qualified tutors & accredited by QQI.
  • Students can complete this course within 3 months which is ample time and can start it at any time of the year that is convenient. If students need to extend this period for any reason during or near the end of the course they can request an extension through the college.
  • No classes to attend.


Course Description

The Purpose of this module:

The module is designed to provide the learner with understanding, knowledge and practical skills required to understand the basics of finance and how money works.

Learners who successfully complete this course will:

  • understand financial jargon
  • develop an awareness of the key elements to good financial management
  • demonstrate their ability to read financial statements
  • be able to assess financial viability and performance
  • develop their confidence in communicating regarding financial matters
  • appreciate the importance and the elements of monetary control within an organisation
  • be familiar with the time value of money.

This distance learning, QQI accredited course means that Students can study flexibly at home, or at any convenient place and time, and can gain a nationally accredited Qualification.

Students receive a comprehensive Course Manual, Assignments, Efficient Studyguide, and unlimited one-to-one Tutor Support for the course duration. The course documentation for this FETAC certified course is detailed and easy to read. If students require extra time to complete the course they can apply for an extension.

Course Details

Topics covered include:

  • Unit 1: Understanding Financial Statements
  • Unit 2: Budgeting and Cashflow Management
  • Unit 3: Costing & Pricing
  • Unit 4: Capital Budgeting


Preferred entry level:

  • Leaving Certificate or equivalent and /or relevant life and work Experience.
  • Learners are expected to be proficient at reading, drafting, preparing and understanding information across a broad range of topics, including quantitative information for a Level 5 award and more complex information for Level 6 award.
  • As this programme is delivered through distance learning, students must be capable of studying on their own initiative.


Programme Entry Requirements:

If you take this course by distance learning the course material will be posted to you. You can complete and return assignments/projects which must be typed rather than handwritten either by post or by email.


Progression to further Studies:

This course leads to a level 6 award on the National Framework of Qualifications. You can use this credit towards completing a major award in any of the following Major awards:

  • 6M5013 Administration
  • 6M4985 Business
  • 6M4587 Management



This course is assessed through a combination of assignments and a supervised exam. Students taking this module will have to sit an examination (€50.00) that is normally held in Dublin but arrangements can be made in outside centres around the country. This can be paid before exam dates and is not required upon enrolment.


Examination 60%
Assignment 40%


Examination:The candidates will take a theory examination that will assess the candidates’ ability to recall and apply theory and understanding, requiring responses to a range of question types, short answer and structured. Exam duration – 1.5hrs.

The format of the examination will be as follows:

Section A – 7 short questions.
Candidates are required to answer 7 (5 marks each). Students will be asked to answer a range of definitions, do some short calculations or draw a diagram based on the course content.

Section B – 2 structured questions.
Candidates are required to answer 2 (12.5 marks each).

Students may be asked to do a final accounts question, do some cost and management calculations, do some business structure questions or performed some performance related calculations in relation to funding and gearing profile.



1. Students will be given a Trading, Profit and Loss and Balance Sheet or cashflow statement for a Company and be asked to calculate and comment on a series of ratios to assess the financial performance of the Company.

2. Students may then be asked to do any or all of the following:

  • Outline how the regulatory framework impacts on the presentation of the information in the financial statements
  • State the difference between the  profit and cash of the Company and comment therein
  • List and comment on non-financial factors which may impact on the Company
  • Make recommendations on liquidity, operational efficiency, profitability and return on investment
  • Explain financial terminology relating to the financial statements.



  • Following successful completion you will receive a QQI Level 6 component Certificate in Finance (6N4165).
  • QQI (Quality & Qualifications Ireland) is the national awarding body for further education and training in Ireland. The Open College is registered with QQI to offer programmes leading to QQI awards in the National Framework of Qualifications in Ireland. Click here for details of the National Framework of Qualifications.
  • Click here for more detailed Accreditation information.
  • There is a €85.00 registration fee payable to include administration, moderation and QQI accreditation.

QQI Distance Learning Courses

Location & Dates

This QQI Finance 6N4165 course is completed through Distance Learning Course and there are no lectures to attend.

Students can complete this course within 3 months which is ample time and can start it at any time of the year that is convenient. If students need to extend this period for any reason during or near the end of the course they can request an extension through the college.