Description
BCS Certificate in Commercial Awareness
The era of autonomous organisations holding a monopoly position with their product or service is fading and increasingly organisations find themselves in ever more competitive environments where the key to success is not only through internal efficiency, but also by judicious collaboration with suppliers, outsourcing partners and competitors. In order that businesses can operate successfully in the current environment they are being forced to find new approaches to operating through restructuring, changing their organisational behaviour, modifying their internal and external boundaries, and establishing additional techniques for measuring performance.
For today’s business analyst to make a valuable contribution they need an awareness of all influences that affect an organisation. This course gives an understanding of those financial and management accounting techniques that are crucial to an organisation both from a legal and administrative perspective. It also explores the social science aspects that are often hidden or not given sufficient priority that will ultimately govern the flexibility and adaptability of an organisation, which determine its ability to survive in today’s competitive markets.
At the end of the course delegates may sit an examination to attain the BCS certificate in Commercial Awareness. The cost of the examination is included in the course fee. This course may be taken as part of the programme leading to the BCS Diploma in Business Analysis.
Target Audience
- Those wishing to acquire a basic level of understanding about business finance and behavioural influences.
- Those wishing to attain the BCS Certificate in the Commercial Awareness.
Prerequisites
There are no specific pre-requisites for this course.
If you are taking a BCS exam you must bring photographic identification with you (passport, driving licence or student card), as it is a BCS requirement to produce it for the invigilator prior to the exam. Failure to produce a valid form of photographic identification will result in a candidate not being able to sit the exam. For any questions about what form of identification is acceptable please contact our team.
BCS allow additional time for candidates who have a disability or whose native language differs to that of the examination paper. Full details are provided in the BCS Reasonable Adjustments Policy which is available to view on the BCS website. If you believe you qualify for this then please notify the Exam Administration team on the details below as early as possible. At least two weeks’ notice will be required for processing this request. Delegates failing to advise us and provide evidence when requested, may not be allowed the additional support offered via the BCS policy.
Delegates will learn how to
At the end of this course you will be able to:
- understand three techniques used to evaluate a financial case
- understand costing and pricing
- understand cash flow forecasting and budgeting
- describe the contents of financial accounting documents
- interpret financial accounts
- explain specified business performance ratios
- define the elements and usage of Porter’s Five Forces Framework and Value Chain
- define the elements and usage of the Boston Consulting Group’s matrix
- define the performance measures and usage of the Balanced Business Scorecard
- define the elements of specified cultural analysis approaches
- explain the different management structures and their characteristics
- define the different architectures that may be adopted by organisations
