Financial Management Diploma KNEC Notes

Introduction to the Module Unit

Financial Management is a unit offered to diploma students in business related courses to equip them with the right attitudes, knowledge and skills to apply financial management concepts in running an organization.

General Objectives

By the end of this module unit, the learner should be able to:

  • Recognize the nature and scope of different types of financial institutions
  • Identify the sources of finance and their usefulness in managing a business
  • Recognize the role of financial institutions in the economy
  • Apply basic financial models in assessing viable investment business project
  • Carry out capital budgeting for an organisation

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