The aim of this module is to provide you with the opportunity to enhance your knowledge of finance and resource management in relation to your role and the improvement of services.
You will need to complete an induction prior to commencement of your first module. We have a comprehensive online induction package to welcome you to both the University and your programme of study. Alternatively classroom-based induction days take place at our Lancaster and Carlisle campuses and are usually scheduled for the first week of each semester.
Graduate destinations
This module can be taken on a stand-alone basis or as part of the UAD and BSc (Hons) Management and Leadership in Health and Social Care award. It can also be incorporated into an appropriate Practice Development programme.
Course outline
Course summary
The indicative module content includes links between financial resources and service users; importance of accurate record keeping in relation to finance/resource management; interpreting costings - fixed, variable, direct, indirect and marginal; budgeting and managing a budget; payment by results/tariffs and links to service user information requirement; cost benefit analysis.
On successful completion you will be able to:
- Demonstrate a critical understanding of the principles and practices of budgeting and resource management and how this impacts upon and links to service user activity
- Critically reflect upon your role in relation to finance and resources
- Critically reflect upon how 'payments by results/tariffs' impacts on your organisation/department and demonstrate a critical understanding of the service user information requirements linked to this
- Demonstrate a critical understanding of business planning for quality improvement in relation to your role and service
- Demonstrate an understanding of costings and critically apply this to the cost benefits analysis process.
Indicative Core Bibliography
- Chartered Institute of Public Finance & Accounting (2011) A brief guide to local Government finance for Councillors CIFPA, London
- Drury C (2004) Management and Cost Accounting 6th Ed., Thompson, London
- Dwyer J, Stanton P & Thiessen V (2004) Project Management in Health & Community Services: getting good ideas to work. Sage, London
- Healthcare Financial Management Association (2011) Introductory Guide to NHS Finance in the UK 10th Ed., HFMA, London
- NHS Institute for Innovation & Improvement (2005) Improvement Learners' Guides - available at:
- http://www.institute.nhs.uk/building_capability/building_improvement_ capability/improvement_leaders%27_guides%3a_introduction.html
Modules
Programme Specification
Assessment, Feedback, and Teaching and Learning methods
Full details are available in the programme specification.
Timetables
The teaching timetable should be available from the end of August. Access to the timetable is through the Student Hub – you will be able to access the Student Hub after you have completed online registration. The teaching day is 9am to 6pm, Monday to Friday; please keep your other commitments open until confirmation of your teaching timetable, and bear in mind that many courses will offer placements or fieldwork which sometimes extends into the evenings and weekends.
Entry requirements
Have a question about our entry requirements?
Entry Requirements
Evidence of prior successful study at underpinning level.
Selection criteria
To be eligible to study this module you should be able to apply it to your practice.
Application information
The closing date for applications is 5 working days prior to the module start date or, if this is your first module, 5 working days prior to the induction date.
Please note that the direct entry application system will not recognise your current Student IT Network login. Please select the New User option from the Apply Now button.
Student finance
We have a wide range of scholarships, bursaries, grants and funds available to support you throughout your studies with us. This includes the Cumbria Bursary - a non-repayable bursary designed to support first year students with a household income of less than £25,000.
Student FinanceAdditional costs
All students will need to purchase stationery, course books and personal equipment. Extra costs may also be applicable to cover field trips, membership fees etc.
Resources and facilities
We are amongst the UK's leading health and wellbeing faculties and are proud of the high level of support we are able to offer to our students.
We provide a wide range of high-quality courses supported by expert academic and clinical practice staff. If you join us you will enjoy great facilities and learn alongside caring, committed and experienced professionals. Our employment record is excellent.
