This unit introduces you to the foundations of financial management, including the terminology, principles, frameworks, and theoretical models that underpin the accounting and finance function of any organisation.
Faculty of Finance
Where individuals develop their knowledge of financial theory and practices and managers with little financial experience build the skills and confidence to interpret, discuss, and report on economics.
The Faculty of Finance offers a suite of Short Courses, Vocational Qualifications, and Higher Education programs that are designed to provide the precise training every manager needs, empowering them to make correct financial decisions based on provably accurate data.
Beginning with financial fundamentals, such as differentiating between profit and revenue, through to the specific practice of organising budgets, managing resources, and forecasting risks, these programs will provide you the cognitive skills needed to operate with fiscal responsibility as you advance through the management ranks.
39% of CFOs in Australia find it challenging to find qualified candidates with expertise in financial reporting
Source:
(ROBERT HALF 2018)
4% of Australian leaders believe they are specifically skilled in financial management
Source:
(AIM LEADERSHIP SURVEY 2020)
82% of small business failures are due to poor cash flow management or poor understanding of cash flow
Source:
(US BANK 2017)
$119,685 is the average salary for a Finance Manager
Source:
(Indeed)
Who should attend AIM's Finance courses?
BEGINNERS AND NEWCOMERS
wanting to start a career in the finance function
BUSINESS OWNERS
who need to understand how to correctly interpret and report on their finances
FINANCE PROFESSIONALS
seeking to refresh their knowledge of the fundamentals of their work
MANAGEMENT STAFF
who must engage in meaningful discussions around budgets and resource allocation
AIM FINANCE FACILITATORS
Download the Faculty of Finance Guide
“The facilitator brings the content to life with real life examples, keeping us involved and interested throughout the course.”
Cara Tobin,
Recent AIM Participant
"Learning with AIM is so practical and relevant to what I’m doing at work on a day-to-day basis."
Carole Collie,
Recent AIM Participant
Read more from the Faculty of Finance
When does the practice of finance begin? A harder and more subjective question to answer than you would think.
Before the invention of currency when all societies worked on a barter system, would the ownership and maintenance of goods that could potentially be traded count as primitive personal...
Creating a budget is guesswork.
This is in no way a critique of this particular financial practice or of the finance function as a whole, which requires significant expertise and knowledge from its practitioners. This is merely a recognition that budgeting requires forecasting what the future...
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