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 2023 and March 2024 cohorts.

How do I find out more about the qualification?

  • Contact Nick ( 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.
  • Visit the South West Finance Academy qualification page to watch the recordings of some online informative sessions they ran.

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

Applications for the October 2023 intake have now passed and the following places have been filled:

  • Regional place
  • Black Country ICS
  • Coventry and Warwickshire ICS
  • Lincolnshire ICS
  • Shropshire, Telford and Wrekin ICS

Please submit applications for the March 2024 intake by Friday 23 February 2024. You will receive feedback on your application by Friday 1 March 2024.

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 

Midlands Finance Academy spotlight session: qualification bursary

Qualification overview