Course Description
All businesses need to manage their finances correctly in order to ensure their stability and their potential for future growth. Knowledge of finance is one of the core skills of running a profitable operation and is integral to all areas of the business. The Association of Business Executives (ABE) now offers a Financial Management (FM) pathway within the Business Management programme. The new pathway system allows greater flexibility for students who now have the option to complete multiple qualifications simultaneously.

This course introduces the students into the world of business and management. It highlights some of the common concepts of business – the different sectors of organizational theory, human resource management, marketing, finance and accounting, operations management, etc – and also pushes important skills such as business communication, bookkeeping, and statistics. For specialization students will have to follow the subject “Accounting for Financial Managers” which takes an in-depth look into the accounting and financial management aspects of operating a business.

This course may have been referred to as ABE Diploma in Business Management (Financial Management Pathway) in some of the promotional materials.

Course Code: ABE-303-3

Awarding Body
Certificate for this course will be awarded by the Association of Business Executives (ABE).

MNQF Level
Level 3 Certificate (view Approval)

Academic Requirements
Applicant must meet one of the following minimum entry requirements:

  • Completion of the 7th year of School or
  • MNQF Level 2 qualification or
  • 18 years old and work experience of 1 year in a job that requires reading, writing and communication in English

Course Structure
Compulsory Subjects:

  • ABEL4-301-1: Introduction to Business (IB)
  • ABEL4-302-2: Introduction to Business Communication (IBC)
  • ABEL4-304-4: Introduction to Quantitative Methods (IQM)
  • ABEL4-307-7: Accounting for Financial Managers (AFM)

There are no Optional Subjects.

For other pathways of the Business Management Course, see Management of Information Systems Courses and Business Management Courses.

Duration: 5 months (1 semester)

Intakes: January and June

Course Assessments
All subjects will be assessed by time constrained paper based exams that are set and marked by ABE, UK. The exams will be conducted and invigilated by the Department of Public Examinations in the Maldives.

Course Fee and Payment Plan
Payments can be made in installments. Please see Course Fees and Payment Plan for information.

Students who achieve the ABE Level 4 Diploma may use it to apply for a place at a university in lieu of A Levels for entry (see ABE Website for details). Alternatively, students can continue to work through to the ABE Level 5 Diploma in Business Management with specialism in Financial Management. The following image shows the pathway.

How to Apply?
Candidates may apply online or download and complete application, which can be submitted to College Reception on the First Floor of H. Vaifilaa-age, Janavaree Magu. Applicants are requested to read the Terms and Conditions for Studying at MAPS College before applying.