Postgraduate certificate Economic and Financial Management of Creative Industries

The ultimate goal of any industry in the creative sector is to make an idea, invention or tangible or intangible process profitable and monetize it in an optimal way. In order to make this possible, it is crucial that the professional has a series of economic knowledge that enables them to manage the company's financial accounts. In this sense, this academic program aims to instruct and nurture the knowledge of professionals to be able to implement optimal processes at the financial level to properly manage important aspects such as cash flow, budget, profitability, income and expenses among other key processes to maintain a healthy economy within the company.

University certificate

duration

6 weeks

Modality

Online

Schedule

At your own pace

Exams

Online

start date

Credits

6 ECTS

financing up to

3 months

Price(first year)

See price

The world's largest school of business”

Syllabus

The structure and contents of the Postgraduate certificate in Economic and Financial Management of Creative Industries has been conceived and designed by a group of highly prestigious professionals in this area of knowledge, who pour the experience of their years of work into this up-to-date program. In this way, the syllabus TECH presents for this program is conceived in multimedia format, in order to help the student to internalize the knowledge in the most comfortable and easy way possible.

Study with the best professionals in the sector, and from the best content only in TECH"

Syllabus

Today, companies are fully aware that creativity and management have to coexist and work hand in hand to ensure the company's success. In this sense, and attached to the management section, the economic and financial management takes on a leading role, since it is the one that manages to generate profitability from the creative idea.

For all these reasons, this course focuses on helping students to acquire financial and economic skills. In this way, the professional will be able to manage important aspects such as cash flow, budget, costs and economic sustainability, among other key aspects.

Likewise, this program is designed to be studied with a methodology that promotes the acquisition of skills in the field of market research, strategic vision, digital tools and co-creation.

On the other hand, jobs in this sector are constantly evolving. Therefore, the program aims to provide students with the necessary skills to develop and evolve their professional profile in both business and entrepreneurial environments.

All of this, condensed into an academic program divided into ten didactic modules taught over six weeks, is intended to become a turning point in the student's professional career. In this way, and after completing the course, the student will be able to start working in companies in the creative industry with a higher success rate.

This Postgraduate certificate is developed over 6 week and is divided into 1 module:

Module 1. Economic and Financial Management of Creative Companies

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate certificate in Economic and Financial Management of Creative Industries completely online. During the 6 weeks of the specialization, the student will be able to access all the contents of this program at any time, which will allow them to manage their own study time.

Module 1. Economic and Financial Management of Creative Companies

1.1. The Necessary Economic Sustainability

1.1.1. The Financial Structure of a Creative Company
1.1.2. Accounting in a Creative Company
1.1.3. Triple Balance

1.2. Revenues and Expenses of today's Creative Businesses

1.2.1. Accounting of Costs
1.2.2. Type of Costs
1.2.3. Cost Allocation

1.3. Types of Profit in the Company

1.3.1. Contribution Margin
1.3.2. Break-even Point
1.3.3. Evaluation of Alternatives

1.4. Investment in the Creative Sector

1.4.1. Investment in the Creative Industry
1.4.2. Investment Appraisal
1.4.3. The NPV Method: Net Present Value

1.5. Profitability in the Creative Industry

1.5.1. Economic Profitability
1.5.2. Time Profitability
1.5.3. Financial Profitability

1.6. Cash Flow: Liquidity and Solvency

1.6.1. Cash Flow
1.6.2. Balance Sheet and Income Statement
1.6.3. Settlement and Leverage

1.7. Financing Formulas currently on the Creative Market

1.7.1. Venture Capital Funds
1.7.2. Business Angels
1.7.3. Calls for Proposals and Grants

1.8. Product Pricing in the Creative Industry

1.8.1. Pricing
1.8.2. Profit vs. Competition
1.8.3. Pricing Strategy

1.9. Pricing Strategy in the Creative Sector

1.9.1. Types of Pricing Strategies
1.9.2. Advantages
1.9.3. Disadvantages

1.10. Operational Budgets

1.10.1. Tools of Strategic Planning
1.10.2. Elements Included in the Operational Budget
1.10.3. Development and Execution of the Operational Budget

A unique, key and decisive program to foster your professional growth"

Teaching Objectives

The basic and fundamental objective of this Postgraduate certificate program in Economic and Financial Management of Creative Industries is to promote the acquisition of skills, tools and knowledge in the student based on the most complete and up-to-date syllabus in the academic market. These new skills that the professional will possess after completing the program will enable them to work in the creative industry with a higher degree of success, knowing in depth all the necessary aspects to successfully manage the financial and economic function.

Join TECH's select group of alumni and start seeing all your dreams and goals come true"

Your goals are our goals.
We work together to help you achieve them.

The Postgraduate certificate in Economic and Financial Management of Creative Industries will provide education:

Acquire and understand from knowledge useful for the education of students, providing them with skills for the development and application of original ideas in their personal and professional work
Understand how creativity and innovation have become the drivers of the economy
Problem solving in novel environments and in interdisciplinary contexts in the field of creativity management
Integrate one's own knowledge with that of others, making informed judgments and reasoning on the basis of the information available in each case
Know how to manage the process of creation and implementation of novel ideas on a given topic
Acquire specific knowledge for the management of companies and organizations in the new context of the creative industries
Progressive and constant updating in autonomous training environments
Possess the tools to analyze the economic, social and cultural realities in which the creative industries develop and transform today
Help students acquire the necessary skills to develop and evolve their professional profile in both business and entrepreneurial environments
Gain knowledge to manage companies and organizations in the new context of creative industries
Organize and plan tasks with the use of available resources in order to face them in precise time frames
Use new information and communication technologies such as tools for training and the exchange of experiences in the field of study
Develop communication skills, both written and oral, as well as the ability to make effective professional presentations in daily practice
Acquire market research skills, strategic vision, digital and co-creation methodologies

Postgraduate Certificate in Economic and Financial Management for Creative Industries

At TECH Global University, we present our Postgraduate Certificate in Economic and Financial Management of Creative Industries, a unique opportunity to acquire business management skills in the field of creative industries. If you are interested in boosting your career in sectors such as art, design, music or entertainment, this online Postgraduate Certificate is made for you. Our online classes offer you the convenience of learning from anywhere, anytime. Through our online platform, you will be able to access the course content and participate in interactive activities that will allow you to apply your knowledge in a practical way. You will not have to worry about traveling or adjust to rigid schedules, since you will be able to adapt your study to your needs and pace of life. In addition, you will become familiar with financing strategies and the most relevant sources of income in these industries. You will learn the peculiarities of the creative market, how to establish fair and competitive prices, and how to take advantage of public and private financing opportunities to boost your project.

Add a plus to your knowledge with this Postgraduate Certificate.

In TECH Global University's Postgraduate Certificate in Economic and Financial Management of Creative Industries, you will explore the economic and financial fundamentals specific to the creative industries. You will learn how to develop business plans, manage budgets, analyze costs and benefits, and evaluate the economic viability of creative projects. Upon completion of the Postgraduate Certificate in Economic and Financial Management of Creative Industries, you will have the skills necessary to efficiently manage the economic and financial aspects of your creative enterprise. You will be able to make informed and strategic decisions, minimizing risks and maximizing opportunities for growth and profitability in the creative sector. Update your knowledge and boost your career in the creative industries. Enroll today in our Postgraduate Certificate in Economic and Financial Management of Creative Industries and become a leading professional in the world of creativity and business.