Diploma in Accounting and Finance

Admission Requirements

• Typical Age: 18+
• Entry Requirements: Completion of a Level 3 qualification in a relevant field or equivalent work experience in accounting or finance.
• International Qualifications: Equivalent qualifications may include:
  • High school diploma or recognised pre-university certifications (e.g., Grade 12 in Asia, Senior Certificate in Africa, EQF Level 4 in Europe, or a high school diploma in the US/Canada).
• English Proficiency (for non-native speakers): IELTS 6.0, CEFR level B2, or equivalent.
• Additional Guidance: For assistance with qualification equivalency or language requirements, please contact our admissions office.

Structure of the Qualification

• Total Credits: 120 ECTS
• Modules: 6 mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.

Core Modules

1. Financial Accounting (20 Credits): Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.
2. Cost and Management Accounting (20 Credits): Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.
3. Budgeting (20 Credits): Introduces principles of budgeting and forecasting to support financial planning and resource allocation.
4. Working Capital Management (20 Credits): Examines cash flow management, credit control, and inventory management in business.
5. The Regulatory Framework of Accounting (20 Credits): Provides an overview of the laws, standards, and ethical guidelines governing financial practices.

Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. See the full curriculum below.

Assessment and  Regulations 

Assessment Approach

The assessment includes written assignments, case studies, and exams tailored to test both theoretical knowledge and practical skills:

• Written Assignments: Each unit includes assignments that require learners to apply financial theories to real-world contexts.
• Exams: Designed to evaluate understanding of core accounting and finance principles.
• Case Studies: Practical exercises that simulate real-world financial management scenarios.

Grading System

Grades are awarded as Pass, Merit, or Distinction:

• Pass: 40%-59%
• Merit: 60%-69%
• Distinction: 70% and above

Completion Requirements

Learners must achieve a minimum score of 40% in each unit. All assessments are subject to internal and external quality assurance by Awarding Body.

Professional Development and Progression

Progress to Higher-Level Study:

• Advance to our progression course, the Level 5 in Business Management**
• Advance to our progression course, the Level 5 in Hospitality and Tourism Management**
• Advance to our progression course, the Level 5 in Accounting and Finance **
• Entry to the second year of a Bachelor’s degree in accounting or finance, subject to university requirements.

Work-Based Learning:

Practical assessments provide direct applications of accounting and finance principles, supporting career readiness and professional growth.

**When you enrol in our Level 4+5 bundle, you’ll start on the same course pathway for both levels. The possible pathways shown here are for reference only. If you wish to change your Level 5 route after registration, just reach out to Student Services—we’re here to guide you toward the best fit.