Undergraduate Certificate in Management Accounting for Family Business

Tuesday, 09 September 2025 02:59:54

International applicants and their qualifications are accepted

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Overview

Overview

Management Accounting

is a vital component of family businesses, enabling them to make informed decisions and drive growth. This Undergraduate Certificate in Management Accounting for Family Business is designed specifically for family business owners, managers, and professionals who want to develop their skills in financial management and strategic planning.

By studying this program, learners will gain a deep understanding of management accounting principles, including financial analysis, budgeting, and forecasting. They will also learn how to apply these skills to drive business performance and achieve long-term success.

Some key topics covered in the program include financial planning and control, cost management, and performance measurement. Learners will also develop their skills in data analysis, decision-making, and communication.

Whether you're looking to take your family business to the next level or simply want to enhance your career prospects, this Undergraduate Certificate in Management Accounting for Family Business is an excellent choice. So why not explore further and discover how management accounting can help your family business thrive?

Management Accounting is the backbone of any successful family business. Our Undergraduate Certificate in Management Accounting for Family Business is designed to equip you with the essential skills to excel in this field. By studying management accounting, you'll gain a deep understanding of financial management, budgeting, forecasting, and performance analysis. This course offers management accounting students a unique opportunity to develop practical skills in financial analysis, decision-making, and problem-solving. With management accounting expertise, you'll be well-positioned for a career in family business management, finance, or entrepreneurship. Career prospects are excellent, with opportunities in various industries.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
Financial Management for Family Businesses •
Management Accounting Systems and Controls •
Cost Accounting and Cost Control •
Financial Reporting and Analysis for Decision Making •
Strategic Management Accounting for Family Businesses •
Performance Measurement and Evaluation •
Business Planning and Budgeting for Family Enterprises •
International Management Accounting and Taxation •
Family Business Governance and Ethics •
Management Accounting for Sustainability and Social Responsibility

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Undergraduate Certificate in Management Accounting for Family Business

The Undergraduate Certificate in Management Accounting for Family Business is a specialized program designed to equip students with the necessary skills and knowledge to manage financial aspects of family businesses effectively. This program focuses on teaching students how to apply management accounting principles to make informed business decisions, particularly in family-owned enterprises where the lines between personal and professional life can be blurred. Upon completion of the program, students will be able to demonstrate their understanding of management accounting concepts, including financial analysis, budgeting, and performance measurement, as well as their ability to apply these concepts in a family business context. The duration of the program is typically one year, with students typically studying two days a week. This allows for a balance between academic study and the demands of a family business, where time is often limited. The program is highly relevant to the family business industry, as many family-owned enterprises struggle with financial management and decision-making. By providing students with the skills and knowledge needed to manage financial aspects of a family business, this program can help to improve financial performance and support the long-term sustainability of the business. Graduates of the program can expect to secure roles such as management accountant, financial analyst, or business advisor, and can pursue careers in a variety of industries, including family-owned businesses, small and medium-sized enterprises, and larger corporations. Overall, the Undergraduate Certificate in Management Accounting for Family Business is an excellent choice for students who want to develop the skills and knowledge needed to succeed in this field, and who are passionate about supporting the financial success of family-owned enterprises.

Why this course?

Undergraduate Certificate in Management Accounting is highly significant for family businesses in today's market, particularly in the UK. According to a survey by the Institute of Chartered Accountants in England and Wales (ICAEW), 70% of family businesses in the UK have a family member involved in the business, and 60% of these family members are involved in financial decision-making (ICAEW, 2020).
Statistic Value
Number of family businesses in the UK 1.4 million
Percentage of family businesses with a family member involved in financial decision-making 60%
Percentage of family businesses with a family member involved in financial decision-making 70%

Who should enrol in Undergraduate Certificate in Management Accounting for Family Business?

Ideal Audience for Undergraduate Certificate in Management Accounting for Family Business Family business owners and managers seeking to upskill in management accounting, particularly those in the UK, where 70% of businesses are family-owned (Source: Family Business Commission, 2020)
Key Characteristics Typically, individuals with 2-5 years of work experience in a family business, holding a relevant degree in business or a related field, and looking to enhance their financial management skills to drive business growth and succession planning
Career Goals Upon completion, learners can expect to progress into senior management roles, such as finance director or controller, or take on more strategic responsibilities within the family business, with median salaries ranging from £40,000 to £60,000 per annum in the UK (Source: Chartered Institute of Management Accountants, 2022)
Learning Outcomes Develop a comprehensive understanding of management accounting principles, including financial planning, budgeting, and performance analysis, enabling learners to make informed business decisions and drive growth in their family business