Offering funded places for the HFMA qualification and MBA

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

What’s on offer?

The South West Finance Academy has previously supported 35 colleagues in NHS Finance in the South West become enrolled onto the HFMA masters-level qualification in healthcare business and finance.

The South West Finance Academy is happy to announce there are now additional limited places now available for the HFMA qualification in healthcare business and finance. We are also supporting 25% of these students to progress onto Executive MBA top-up programme through the University of Northampton.

Who can apply and when?  

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. These funded places are only available to colleagues working in NHS finance in the South West. There are no other prerequisites required, and applications from finance professionals in a range of roles and bandings are welcome.

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. Qualified accountants with more than 2 years’ experience working in healthcare can gain exemption from the first 60 credits with HFMA if applying to study and wish to move onto the executive MBA.

If you’d like to discuss your suitability for the programme please contact nick.passmore@hfma.org.uk

How do I find out more about the qualification and MBA?

We have run six online informative sessions covering an introduction to the qualification, an overview of some of the modules, the MBA programme and reflections from some existing and former students.

The video recordings of these sessions can be found below. If you have any further queries please contact nick.passmore@hfma.org.uk

How do I apply?

Please complete this application form – https://www.smartsurvey.co.uk/s/SouthwestFinanceAcademy/

All initial applications will be taken to the South West Finance Leadership Executive as governing body of the South West Academy, who will approve the funded place. Once approved the HFMA qualifications team will be in touch to complete your formal entry. The funded place is dependent on strength of application and approval from the governing body. This funding is only available to colleagues who work in NHS finance in the South West.

Please note, all applications will be taken to the governing board at once to ensure each application is judged based on strength of application and fairness. It will be confirmed if you have a place for the funded qualification place one week after the deadline for applications close.

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

If you have been accepted onto the qualification, you will be expected to sign a contract which states the Terms and Conditions you must adhere to.

Informative session one – Introduction to the qualification

Informative session two – ‘Managing the Healthcare Business’ and ‘Creating and delivering value in UK healthcare’ modules

Informative session three – ‘Supporting quality care through patient-level costing’ and ‘Personal effectiveness and leadership’ modules

Informative session four – ‘Making finance work in the NHS’ and ‘Tools to support decision making’ modules

Informative session five – Next steps to MBA

Informative session six – Hear from former students