header logo

Diploma in Accounting and Finance

Undergraduate - Level 5

Programme Overview

The Level 5 Diploma in Accounting and Finance builds on foundational knowledge by delving into more advanced areas, such as financial management, corporate governance, and taxation. Learners gain the skills to manage financial operations, understand global financial risks, and handle taxation and reporting responsibilities. This diploma prepares students for progression to Level 6 studies or management roles in finance-related sectors, equipping them with both theoretical knowledge and practical skills required for effective financial decision-making in a complex business environment.

Correspondence

Equivalent to the second year of a 3-year Bachelor’s degree in the UK and comparable to the second year of undergraduate studies internationally (US, Canada, Asia, and Europe).

Aims of the Diploma

The qualification aims to:

  • Develop a comprehensive understanding of financial theories and corporate governance.
  • Equip learners with advanced skills in financial planning, control, and risk management.
  • Provide insights into the taxation processes affecting individuals and businesses.
  • Foster ethical practices in corporate governance and social responsibility.

Learning Outcomes

Upon successful completion, learners will be able to:

  • Analyze financial theories and manage organizational capital.
  • Apply corporate governance and strategic financial planning.
  • Manage financial reporting and business assets effectively.
  • Understand and apply taxation principles for individuals and businesses.
  • Implement human resource management practices within financial settings.
  • Evaluate the role of ethics and corporate social responsibility in finance.
Duration
  • Full-Time: 1 Year
  • Part-Time: 2 Years
  • Maximum Completion: 5 Years from Enrolment
Mode of Delivery
  • Distance Education
  • Self-Paced Learning
  • Course Materials: Video and Text Resources

Admission Requirements

  • Typical Age: 18+
  • Entry Requirements: Completion of a Level 4 qualification in accounting, finance, or a related field, or relevant managerial work experience.
  • International Qualifications: Equivalent qualifications may include:
    • A high school diploma or recognised pre-university certification, plus at least one year of post-secondary study or additional course credits(e.g., Grade 12 followed by college-level course in Asia, Senior Certificate with further post-secondary education in Africa, Advanced Certificate or EQF Level 4 plus additional academic credits in Europe, or a high school diploma plus college-level or Advanced Placement(AP) 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, focusing on advanced finance and accounting concepts.

Core Modules

  1. Financial Management (20 Credits): Covers advanced financial theories, working capital management, and techniques for managing global financial risks.
  2. Financial Planning and Control (20 Credits): Examines corporate governance and financial planning, addressing economic and global strategies.
  3. Financial Reporting (20 Credits): Focuses on asset management and preparation of financial reports that accurately reflect an organisation’s position.
  4. Principles and Practices of Taxation (20 Credits): Provides an in-depth look at personal and business taxation, covering income tax, VAT, and corporate tax obligations.
  5. Management of People (20 Credits): Explores HR practices across the employee lifecycle, emphasising recruitment, performance management, and training.
  6. Ethics and Corporate Responsibility in Business (20 Credits): Discusses CSR, ethical considerations in finance, and the impact of corporate governance on business 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.

View Curriculum

Assessment and  Regulations 

Assessment Approach

The qualification is assessed through written assignments, practical tasks, and case studies:

  • Written Assignments: Assess theoretical understanding and application of key concepts.
  • Practical Tasks: Require hands-on demonstrations of financial planning and reporting.
  • Case Studies: Provide context for ethical decision-making, corporate governance, and financial control.
Grading System

Grades are awarded as Pass, Merit, or Distinction:

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

All modules require a minimum pass mark of 40%. Assessment quality is assured through internal and external review by Awarding Body.

Professional Development and Progression

Progress to Higher-Level Study:
  • Advance to our progression course, the Level 6 in Business Administration
  • Final year of a Bachelor’s degree in a business-related field at a partner university, subject to acceptance.
Employment Opportunities:

Graduates may pursue roles such as:

  • Financial Manager
  • Corporate Tax Specialist
  • Compliance Officer
  • Senior Financial Analyst
Work-Based Learning:
  • Assignments simulate industry challenges, allowing learners to build competencies directly applicable in financial management and reporting roles.
Video

£6,950

  • Category

    Undergraduate

  • Level

    Level 5

  • Code

    610/0797/3

  • Credits

    120 ECTS
Enroll Now