

Introduction to Financial Management - Online

Cranfield School of Management
Cranfield School of Management, part of Cranfield University, was founded in 1967 on the site of a former Royal Air Force station in Cranfield, Bedfordshire, England. The university itself is unique in the UK higher education landscape: it is entirely postgraduate and research-focused, with no undergraduate programmes across any of its schools. This heritage shapes the School of Management's approach — programmes are designed for practitioners, and the default assumption is that participants arrive with substantial professional experience and want to use it, not set it aside. The school's academic philosophy centres on the integration of rigorous research with real-world application, and it has historically attracted strong ties with engineering, defence, aerospace, and manufacturing industries, giving it a distinctly applied, cross-functional character. Accreditations and Rankings Accreditations: AACSB accredited AMBA accredited EQUIS accredited (Triple Crown) Rankings: Financial Times Executive Education Open Programmes: ranked globally (consistently listed among the top 50 globally; most recently in 2023) Financial Times Executive Education Custom Programmes: ranked in the top 25 globally (2023) Financial Times Masters in Management: ranked in the top 50 globally (2023) Cranfield's Full-Time MBA is ranked among the top programmes in the UK by the Financial Times (2023) Executive Education at a Glance Cranfield's executive education offering is one of the most established in Europe, with a history stretching back to the 1970s. The school runs a substantial portfolio of open enrolment programmes alongside a well-regarded custom programme division that works with major corporations — including several FTSE 100 and global blue-chip clients — to design bespoke leadership and management interventions. Thematic strengths include leadership and organisational change, finance for non-financial managers, project and programme management, supply chain and logistics, manufacturing and operations, and strategic management. Programmes range from two-day intensive workshops to flagship multi-module offerings that run over several months, with delivery formats spanning fully residential, blended, and — since the acceleration of digital delivery post-2020 — live online options. Notable open programmes include the Cranfield General Management Programme, one of the school's longest-running offerings, designed for senior managers making the transition to general management responsibility. The Director Development Programme targets board-level and near-board executives. Open programme fees typically range from approximately £2,500 for shorter workshops to upwards of £10,000 for multi-module programmes, with some bespoke financing arrangements available for individuals and sponsored participants. Campus and Facilities Cranfield's campus is genuinely unlike any other business school environment in the UK. Situated on a 770-acre site that includes a working airport — Cranfield Airport, used for aerospace research — the campus has the feel of a self-contained, purposeful community rather than an urban commuter school. Executive participants are accommodated on-site in dedicated residential facilities, which reinforces the cohort dynamic and removes the distractions of city life during intensive programmes. The School of Management building provides modern seminar rooms, syndicate spaces, and social areas designed specifically for executive cohorts, and the proximity of Cranfield's engineering and aerospace faculties creates occasional but valuable cross-disciplinary encounters that are genuinely rare in business education. London is accessible within an hour, but the deliberate separation from the capital is, for many participants, precisely the point. Faculty and Research Cranfield's faculty numbers around 100 academic staff within the School of Management, drawn from the UK and internationally, with particular depth in operations and supply chain management, leadership, finance, and organisational behaviour. The school hosts several research centres with direct relevance to executive education participants, including the Cranfield School of Management's Centre for Customised Executive Development, the Bettany Centre for Entrepreneurship, and research groups focused on supply chain resilience, project leadership, and sustainable business. Faculty members are expected to bridge research and professional practice — many hold or have held senior advisory roles with corporates, government bodies, and the military — and the school's longstanding ties with the UK Ministry of Defence and major aerospace firms mean that complex, large-scale organisational challenges are a genuine area of academic depth, not a marketing claim. Student Body, Alumni, and Career Outcomes Cranfield's executive education cohorts are typically mid-career to senior professionals, with most open programme participants arriving with ten or more years of experience. The school attracts a notably strong representation from engineering-led industries, the public sector, defence, and increasingly from financial services and professional services firms. The broader Cranfield University alumni network exceeds 80,000 graduates across more than 140 countries, and the School of Management's alumni community has a particularly strong presence in operations, supply chain, and general management roles at multinational organisations. Employers who regularly sponsor participants include BAE Systems, Rolls-Royce, NHS organisations, and a range of global manufacturing and logistics businesses. For many participants, the value of the Cranfield network lies less in its size than in its density within specific sectors — it is common to find that a fellow participant already knows your industry, your competitors, or occasionally your CEO.
Available Cohorts
Select a program cohort
All-inclusive program fee
Duration
Anytime
Format
online
Topic
Finance
Language
English
About This Program
Why Cranfield School of Management?
Your Profile
- All non-financial executives who have an interest in the financial management and wish to understand the role this has in business.
Benefits
- Develop a practical finance toolkit for leadership decisions.
- Confidently read and explain numbers on three core financial statements to enable credible engagement with the finance function.
- Critically assess the objectives of financial management in an organisation and understand the role of a financial manager.
- Understand performance, liquidity, and financial health of an organisation using ratios.
- Gain insights into the role of financial markets and how companies operate within them.
- Make better financing and investment decisions.
- Evaluate and interpret key financial statements of a company.
- Interpret and discuss a company’s financial statements in real time to embed knowledge and understanding.
- Evaluate a set of comprehensive financial ratios to effectively analyze a company’s efficiency, liquidity, and profitability.
- Understand and apply time value of money concepts for personal and corporate financial decisions.
- Exchange ideas and insights with faculty and peers in relation to your organization’s financial context.
What You'll Learn
- The Bronze module, 'How the legal form of business affects their financial management,' is online self-paced learning (estimated four hours plus reflection activities). It covers the purpose and importance of financial management, different legal forms of business and their financial implications, financing options, the functioning of financial markets, the role of a financial manager, types of capital and financial instruments, and an overview of financial markets and organizations.
- The Silver module, 'Gaining business insight from three key financial statements,' is also online self-paced learning (estimated six hours plus reflection activities). This module focuses on the three key financial statements, providing knowledge and techniques to evaluate a business's financial performance and health. It includes insights and tools for assessing company strengths and weaknesses, evaluating business operations efficiency using financial ratios, assessing profitability and financial health with ratios, and understanding the time value of money for financial decisions.
- The Gold module, 'The role of transparency and time in decision making,' consists of live online workshops (two half days, five hours each, plus reflection activities). This module aims to embed and enhance learning from the Bronze and Silver modules by advancing understanding of financial management. Topics include insights into the role of financial markets and institutions, exploring, compiling, and interpreting a company’s financial statements, evaluating a company’s financial performance, and appreciating the importance of ‘time value of money’ (TVM) principles in financial decision-making.
Frequently Asked Questions
How to Apply
- 1
Check your eligibility
Review the entry requirements listed on this page. Most executive programs require 8–15 years of professional experience.
- 2
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Contact the school
Send a message directly to Cranfield School of Management via Gradia to request a brochure or speak with an admissions advisor.
- 4
Prepare your application
Gather your CV, reference letters, and any required test scores. Many EMBA programs waive standardised tests for senior candidates.
- 5
Submit your application
Apply directly through Cranfield School of Management's official application portal.
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