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An Introduction to Financial Management in Construction

Explore financial management and accounting conventions and their importance in the construction industry and other sectors.

7,216 enrolled on this course

An Introduction to Financial Management in Construction
This course is part of the program Financial and Asset Management, which is one of the building blocks that leads to a degree in MSc Construction Project and Cost Management and MSc Construction Management with BIM. Find out more.

Understand the need for financial management in the construction industry

Which projects should a firm or individual invest their money in? How can you find out a company’s profit at the end of the year? How should this investment be financed? How can you tell how healthy a company is?

This course introduces you to the key concepts of financial management and will prepare you for more advanced study of managing finance. You will be encouraged to develop a critical understanding of the key financial questions which are faced by directors, construction and project managers of firms.

What topics will you cover?

  • Overview of financial management in construction
  • Overview of accounting conventions
  • Interpretation of financial statements

When would you like to start?

Start straight away and learn at your own pace. If the course hasn’t started yet you’ll see the future date listed below.

  • Available now

Learning on this course

You can take this self-guided course and learn at your own pace. On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Evaluate the importance of financial management in the construction industry
  • Identify the role of construction and project managers in managing project finances
  • Evaluate basic accounting conventions and principles which guide the preparation of financial statements

Who is the course for?

This course is for people working in or studying the built environment. This might be students, recent graduates or construction professionals engaged in construction cost and project management, civil and structural engineering, architectural technology, surveying and building services engineering.

Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.

Who will you learn with?

Senior Lecturer Quantity Surveying/Project Management
Course Director BSc (HON) Quantity Surveying/Commercial Management
Faculty of Engineering & Computing Coventry University

Who developed the course?

Coventry University

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.

  • Established

    1992
  • Location

    Coventry
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Billed annually at $189.99/year

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  • All of the above for ALL eligible short courses, for a year*

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  • Limited access to course content for 4 weeks

Find out more about certificates, Upgrades or Unlimited.

Available until 22 November 2021 at 23:59 (UTC). T&Cs apply.

Find out more about certificates, Upgrades or Unlimited.

Available until 22 November 2021 at 23:59 (UTC). T&Cs apply.

Learning on FutureLearn

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  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

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  • Complete 90% of course steps and all of the assessments to earn your certificate

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Since 2017 you have been able to take a degree on FutureLearn. This free course is a bit like a starter course for a degree — it should give you a flavour of the degree subject but can also be your first step towards a degree qualification.

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This course is part of the program Financial and Asset Management, which is one of the building blocks that leads to a degree in MSc Construction Project and Cost Management and MSc Construction Management with BIM.

Develop your ability to apply financial methods for decision-making, asset management and control within construction organisations.

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