Key Facts

Module Title: Following the Money: Finance in the National Health Service
Mode of Study:This module can be taken independently or as part of the Masters in Medical Science
Contact Details:01782 734933
Faculty: Faculty of Medicine and Health Sciences
Fees: Click for details

In a largely free-at-the-point-of delivery health service, an understanding of the financial and political imperatives governing health and social care in the NHS are crucial. This module will explain how the NHS is funded, consider alternatives used in other systems and develop a series of financial management techniques that will enable participants to better understand the processes and strengthen their ability to make the case for their particular interest. The course will also give students the opportunity to discuss openly current issues with very senior current NHS Directors who present and contribute to a significant proportion of the course. Participants will feel better placed to influence and develop service provision and employers will feel confident that staff develop the knowledge they need to carry out the financial responsibilities associated with their role with probity and efficiency.

To develop a practical insight into how money flows in the NHS, from Government to NHS England, onto Clinical Commissioning Groups and other purchasers of care and to consider alternative ways of financing the NHS.

Open to all health and social care professionals in active practice, including those in non-clinical healthcare leadership or management roles.

A range of teaching and learning opportunities will be used including key note talks from influential leaders within healthcare finance, small group discussions, seminars and independent study. The module will be supported by on-line materials from the Healthcare Financial Management Association which will also lead to a professional certificate and opportunities for further networking and study with the HFMA. Resources for the course will include the HFMA text ‘Introductory Guide - NHS Finance' which will be included in the module fee.

Learning Outcomes

Students who successfully complete this module will be able to:

  • describe their critical awareness of current financial challenges facing health and social care at a local and wider level
  • show originality in the application of knowledge and theory about how the NHS is financed to current NHS priorities
  • defend, from a position of insight into current and developing financial management techniques, their arguments to secure resources for their services
  • formulate sound economic arguements to support recommendations for improvements in process or policy
  • demonstrate competence in manipulation of online media and data



A 2500-word written essay together with successful completion of the online HFMA Introductory Certificate in Healthcare Finance.

Module Session Dates

For module session dates please contact administrator.