Offering funded places for the HFMA qualification

The Midlands Finance Academy is providing NHS finance staff in the Midlands with the opportunity to further their knowledge, enhance career opportunities and gain professional training by enrolling in the HFMA qualification in healthcare business and finance with fully funded places.

What is on offer?

There are 12 places available for the HFMA qualification in healthcare, business and finance on offer. This is one place per ICS and one regional place which can be taken by the NHS England regional team or a CSU.

These places are for the October 2024 cohort or the March 2025 cohort.

How do I find out more about the qualification?

  • Contact Nick (nick.passmore@hfma.org.uk) for an informal discussion on the qualification and your suitability to apply.
  • Watch the videos at the bottom of this page.
  • Visit the HFMA website page where you can learn about the tutors, specific modules and view the prospectus.

Who can apply?

If you are in an NHS Finance team and employed by the NHS in the Midlands region, this opportunity is open to you.

HFMA’s masters level qualification in healthcare business and finance is designed specifically for individuals working within the UK healthcare sector. It will help you to broaden your understanding of strategic management and business in the health service to help address the financial and operational challenges facing the system.

To be accepted to study on the HFMA qualifications programme you will need to demonstrate through your application that you can study at masters-level. We recommend that candidates with less than two years of professional experience in healthcare should complete the module ‘Making finance work in the NHS’ as part of their HFMA diploma.

There are no other prerequisites required, and applications from finance professionals in a range of roles and bandings are welcome.

How are applications assessed? 

All applications are taken to the Midlands Finance Academy for approval.

In the instance that there is more than one suitable application per ICS for the same intake, the Midlands Finance Academy will approach the finance directors in the system to discuss the applications further. If a place has already been filled for your ICS you will be added to a waiting list and notified of any future funding opportunities.

Please note, all funding is subject to strength of application, the number of applications we receive per ICS and is dependent on approval through the various governing bodies of the Midlands Finance Academy. 

How do I apply?

Complete this application form

For the October 2024 cohort, please submit your application by Monday 9 September 2024. You will receive feedback on your application by Friday 20 September.

For the March 2025 cohort, please submit your application by Monday 13 January 2025. You will receive feedback on your application by Friday 24 January.

What support will I get as a learner?

The Academy will support learners throughout the application process, and once you are enrolled the HFMA qualification team provides:

  • Support from expert tutors
  • 24/7 accessible learning environment
  • Weekly live evening sessions
  • Guidance on academic study skills
  • Study breaks to allow catch-up

For any queries or for more information please contact becky.vine@hfma.org.uk 

Testimonials

‘I applied for the bursary last year. Since qualifying in 2009 I haven’t done any formal qualification, I had my son in 2011 and my whole life was work and childcare. Now he’s 12 any almost a teenager, I was finding that I really wanted to explore qualifications that would enhance my career.

I was watching a webinar and the HFMA Diploma qualification was mentioned. I booked on the next ‘learn all about it’ talk and I knew I had found that bit of extra learning. I opened dialogue with my employer and HFMA told me that I could apply for a bursary to complete the 2 modules. So I wrote a business case (accountant habits!) and submitted it to my employer. I was then selected to receive the bursary. It was a very simple process.

I am nearing the end of the 2nd module now and I have learnt so much these past 7 months. The selling point for me is the focus on healthcare, it directly relates to the day jobs. It has definitely enhanced my knowledge and that my employer has benefitted. If anyone is interested in going for it, do it! The time commitment is roughly 10 hours a week, part of that is your weekly tutorial and I have found it hard at times juggling everything but it’s been worth it.’

Elouise Pitchford, Finance Lead  – Health and Care Transformation, NHS Arden and Greater East Midlands Commissioning Support Unit

What is your experience of the qualification?

‘A great opportunity to learn from the experts and to network and share experiences with ambitious like-minded individuals; all driven in the pursuit of excellence in healthcare.’

Louis White, Senior Finance Manager, University Hospitals Coventry & Warwickshire NHS Trust

Apply now

Why did you apply for the bursary?

‘I applied for the bursary because I wanted to have a recognised and reputable NHS qualification that also helps me to stand out when developing my career. I’m finding the course very informative and I am hoping to use the tools that I’m studying within my role and in the future to help me to make informed decisions which should be in the best interest of the public and the NHS.’

Gemma Rochelle, Deputy Finance Manager – Primary Care, Staffordshire and Stoke-on-Trent Integrated Care Board

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Midlands Finance Academy spotlight session: qualification bursary

Qualification overview