Join an online project finance course that will help you manage projects with confidence.

Learn the basic accounting and finance skills you need to successfully manage projects of every scale.

With expert guidance from industry, you’ll explore the sources and complexity of project resourcing.

You’ll develop your knowledge and confidence in budgeting, cost control, project accounting and project appraisal.

You’ll learn to:

  • identify sources of funds used in projects
  • link company strategy to project financing
  • use effective investment appraisal techniques.

Study with us anywhere and set your own study hours on this flexible course that fits around full-time work.

Build credits towards a Masters degree

This online course is part of our accredited:

You can use the credits you earn on this short course towards this accredited MSc qualification.

What you’ll study

In this course, you’ll cover the following topics:

Accounting and finance concepts

  • The balance sheet and income statement.
  • Basic accounting information processing.
  • The difference between profit and cash.
  • Simple financial statement analysis.

Contrasting financial and management accounting

  • Management accounting techniques and concepts.

Project budget models

  • Constructing accounting forecasts.
  • The planner and the accountant.

Discounted cash flow and other appraisal methods

  • Relating investment performance to accounting measurement.
  • Depreciation, expenditure and income.
  • Cost allocation.

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

  • Describe and understand the role of accounting in project management.
  • Explain and apply accounting measurement and other methods of project measurement and appraisal.
  • Integrate planning, budgeting, cost control and financial information systems.
  • Use the language and concepts of finance and accountancy.
  • Explain the difference between profit and cash.
  • Identify different investment appraisal techniques.
  • Carry out simple investment appraisals of projects.

How you’ll study

Online learning

Our distance-learning Budgets and Financial Control course is delivered flexibly, 100% online. You can study with us anywhere in the world and manage your study hours to suit you.

Your teaching

This course is taught at Masters level.

Your teaching is delivered through MyAberdeen, our online Virtual Learning Environment (VLE). It holds all the materials, tools and support you’ll need in your studies. Take a look around MyAberdeen.

You can access your learning materials on computer, smartphone and laptop, 24 hours a day. You’ll find a range of resources at your fingertips, including:

  • recorded lectures
  • virtual classroom collaborative sessions
  • reading materials
  • discussion boards with colleagues and tutors
  • the online resources of our award-winning Sir Duncan Rice Library.

Your tutor

You’ll learn from experienced project director, Georgia Brown.

Your course tutor

Where this will take you

Towards a Masters

You’ll earn 15 credits at Masters level (SCQF Level 11) with this course. You can use these credits towards our:


This course will help you move into project management roles with confidence.

If you already work in a project-related environment, you’ll gain skills to move forward in your career, and expand your professional network.

Continuing Professional Development (CPD)

Your employer or professional institute may recognise this course for CPD hours. Talk to your employer or institute to find out more.

Free career support

Access our free careers service while you study.

  • 1:1 appointments
  • CV checks
  • Interview prep
  • Job opportunities

See how our careers service can help you.

Entry requirements

This course has no formal entry requirements. You decide if it’s suitable for you.

The course is delivered at Masters level. At this level, you’d usually have:

  • relevant experience that supports this level of learning, or
  • a 2:2 (second-class) degree.

You do not need to have a degree to join this course – you’re welcome to apply if you have relevant professional experience.

Apply for this course

Start date
22 May 2023
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