Course Description
Business management is important as almost every aspect of a business depends on good management. In order to ensure stability of the business and potential for future growth, all businesses need to manage their finances correctly. Knowledge of finance is one of the core skills of running a profitable operation and is integral to all areas of the business. The 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.

In addition to the business management core subjects that cover concepts such as marketing, human resource management, organizational psychology, law, and managerial finance, student will have to study “Managerial Accounting” and “Systems Management and Internal Financial Controls” subjects to become specialised in the Financial Management Pathway. This course provides the foundation for advanced studies and is ideal for those students who wish to manage or start their own business.

The ABE Level 5 Diploma in Business Management with specialism in Financial Management is accepted at many universities (see ABE Website for details) and can be used as a pre-requisite for entry into second year of University or the ABE Level 6 Diploma. See Pathway below for more details.

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

Course Code: ABE-503-9

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

MNQF Level
Level 5 Diploma (view Approval)

Academic Requirements
Applicants must have completed ONE of the following:

  • ABE Certificate or ABE Level 4 Diploma in any field
  • 2 A’ Levels pass (E or above)
  • 3 O’ Levels including SSC passes (C or above) and 2 years work experience
  • 20 years old and 1 pass (C and above) in O Level and 2 years work experience

Course Structure
Compulsory Subjects:

  • ABEL5-501-12: Financial Accounting (FA)
  • ABEL5-502-13: Human Resource Management (HRM)
  • ABEL5-503-14: Marketing Policy, Planning and Communication (MPPC)
  • ABEL5-504-15: Organizational Behavior (OB)
  • ABEL5-505-16: Quantitative Methods for Business Management (QMBM)
  • ABEL5-506-17: The Business Environment (TBE)
  • ABEL5-510-21: Managerial Accounting (MA)
  • ABEL5-511-22: Systems Management and Internal Financial Controls (SMIFC)

There are no Optional Subjects.

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

Duration: 16 months (3 semesters)

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.

Pathway
Students who complete the ABE Level 5 Diploma may use it as professional qualification, or as an entry requirement into either the ABE Level 6 Diploma in Business Management with specialism in Financial Management or second year of a degree at one of many universities in the UK or abroad (see ABE Website for details).