Management of Finance, Resources and Business Planning in Health and Social Care Settings

Module delivery dates

Lancaster - 17 January, 14 February, 07 March 2014; 10:00 - 16:00 hours

You will need to attend one of the induction days prior to commencing your first module; these are running in Lancaster on 18 or 19 September 2013 (you only need to attend one date), 08 January 2014 and 26 March 2014 and in Carlisle on 20 September 2013, 07 January 2014 and 25 March 2014. If you have studied at the University of Cumbria in the past two years the requirement to attend the induction day may be waived.

Closing date for applications

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.

Why study with us?

The aim of this module is to provide you with the opportunity to synthesise and critically apply financial, resource management and business planning knowledge and skills in order to enhance and develop your service.

Finance

If you are employed within NHS North West and this module is to be funded by your employing Trust, please contact your Line Manager and CPD Lead for advice relating to funding and the funding application process.

What can this course lead to? This module can be taken on a stand-alone basis or as a module within the MSc/PgD/C Management and Leadership in Health and Social Care. The module can also be taken as part of our MSc Practice Development award. 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. Student work

Summative assessment - 3,500 word written assignment

Formative assessment - 1,000 word equivalent participation in online threads with group discussion

Entry requirements

Evidence of prior successful study at underpinning level.

More information about levels and credits.

Credit and UCAS requirements Credit: 20 credits Modules

HLLG7051 Management of Finance, Resources and Business Planning in Health and Social Care Settings (20 credits at level 7)

Intended Learning Outcomes

On successful completion, you will be able to:

• Demonstrate coherent and comprehensive knowledge and understanding of the complex nature of financial and resource management and expenditure including the use of management and related income streams to assess financial performance.
• Provide an in depth critical analysis of the implications of changes in service user activity on your own service budget and how this affects the financial viability of the organisation.
• Demonstrate conceptual knowledge and application of 'payments by results/tariffs' in terms of delivering efficiency gains and their effects on the financial stability of your commissioners and providers.
• Demonstrate coherent and comprehensive knowledge and critical application of cost benefits analysis for capital projects, business planning and decision making in relation to development of your service.
• Critically discuss the financial and resource management information systems required in order to support effective finance and resource management in health & social care settings.

Course summary

The indicative module content includes budget planning and management, complex costing interpretation: fixed; variable; marginal direct and indirect; interpretation of financial statements; information systems to support financial and resource management; payment by results/tariffs - importance in delivering efficiency gains; effects of changes in service user activity on financial viability.