Level 5 - Accounting and Finance
Course Overview
The Level 5 Diploma in Accounting and Finance is an advanced qualification that equates to the second year of an undergraduate degree. This diploma builds on the foundational knowledge acquired in Level 4, offering students a more in-depth understanding of essential accounting principles, financial management techniques, business finance, financial analysis, and financial reporting practices.
The course offers students a comprehensive education that builds on foundational knowledge while introducing advanced topics crucial for a career in finance. The curriculum is designed to equip students with the skills and knowledge needed to excel in the field. Once you’ve completed the online Level 4 & 5 accounting and finance courses you have the opportunity to complete a third-year accounting, business or finance degree programme, known as a ‘BA top-up’ from a wide range of UK universities. The course is made up of 10 Level 5 modules (120 credits) and each module consists of approximately 40 guided learning hours of material with an additional 30-50 hours of optional learning material. These materials comprise recommended exercises, recommended readings, and internet resources.
To complete the course, students are required to submit 6 online assignments, each assignment being approximately 2,000-3,000 words.
Once you’ve completed your course, you will be awarded a Qualifi diploma, allowing you to apply for an exemption from the second year of a university degree program.
Package Includes
- Full Course Materials and Assignments
- Personal Online Tutor support with 1-2-1 sessions
- Access to Eight Free Support HUBS
- 24/7 Student Networking Platform
- Access to FREE Social Learning Forums
- Recognised OFQUAL Qualification
Key Information
Course Information :
Diploma (Level 5)
Start Date :
Anytime
Study Mode :
Full-time- & Part-time
Duration :
6 to 24 months
Fees :
£2100
GEC Scholarship :
Up to 30%
Progression :
Diploma (Level 6)
Study Hours :
10 modules totalling 120 credits* each requiring an average of 40 hours of study per module.
Entry Requirements:
- 18 and Over either –
- High School Education
- Suitable Vocational Experience
- NVQ Level 3 Diploma
The Entrepreneurial Manager: What is an entrepreneur? Examine the skills and qualities of entrepreneurship.
Organisation Structures: Why are organisations structured in the way they are? What determines the optimum structure and how does it differ between organisations? In this module, learners will look at the numerous models and theories that make up organisational structure.
Practical Accounting Analysis: Learners will complete exercises in accounts throughout this module to understand what they are telling us and the actions that analysis can precipitate.
Business Planning and Goal Setting: What is the business trying to achieve? What will it do? How will it do it? This module focuses on the creation of clear goals and clear plans to achieve a clear objective.
Politics and Business: Impact of politics on business and how it may help or hinder business. This module will educate learners on economic impact, exports, and government support.
Business Law: Explore the statutory responsibilities of managers as learners look into the legalities of business and business executives.
Managing in Today’s World: Business in the modern world. This module focuses on governance and equality as a means to do right in business.
Performance Management: Understanding how your people and your business can continually improve together, learners will review reward structures, CPD, training and development to ensure high performance in business.
Marketing and Sales Planning: Learners will analyse how markets, customers, competitors and products can come together in a cohesive plan.
Quantitative Skills: On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.
Students have access to multiple support systems throughout their learning journey. All of these are accessible through the student dashboard. Students will have access to the following:
Blogs: We periodically create blogs relevant to our students and courses.
Webinars: Students have access to live webinars, covering lessons within the modules, as well as a bank of previously recorded lessons.
E-books: We provide students with an extensive library of online e-books covering a range of subjects.
Interactive Forums: Students are able to connect with their peers in order to ask questions or share resources they may find useful.
Tutors: A team of dedicated tutors are available for personal online tutoring sessions.
External Resources: A bank of links to relevant external resources is available and updated regularly.
Online Tests: Multiple choice tests are provided within the online modules to help students assess their own learning.
Student Advisors: Advisors are available via telephone, email, or the online chat option. They are available to answer queries relating to learning or any technical difficulties that students may encounter.
Studying Accounting and Finance opens a wide range of career opportunities across various industries. Here are some of the primary career paths you can pursue with an accounting degree:
Public Accounting:
Auditor: Conduct financial audits to ensure accuracy and compliance with regulations.
Tax Advisor: Prepare and file tax returns and provide tax planning and advice to individuals and businesses.
Corporate Accounting:
Financial Accountant: Prepare financial statements, manage ledgers, and ensure compliance with accounting standards.
Management Accountant: Focus on internal financial analysis, budgeting, and cost management to aid business decision-making.
Government and Non-profit Accounting:
Government Accountant: Manage public funds, audit government agencies, and ensure financial compliance with regulations.
Non-profit Accountant: Handle financial reporting, budgeting, and grant management for non-profit organisations.
Specialized Accounting Roles:
Forensic Accountant: Investigate financial fraud and disputes, often working with law enforcement agencies.
Environmental Accountant: Analyse the financial impact of environmental regulations and sustainability initiatives.
Financial Services:
Financial Analyst: Analyse financial data, develop investment strategies, and provide recommendations to businesses and investors.
Credit Analyst: Assess the creditworthiness of individuals and businesses to facilitate lending decisions.
Budget Analyst: Develop and manage budgets, forecast financial needs, and analyse spending patterns.
Overall, accounting is a versatile and in-demand field with opportunities in virtually every sector of the economy.
Once you’ve completed your online Level 4 & 5 Accounting and Finance course you have the opportunity to complete a third-year Accounting, Business, Finance or related degree programme, known as a ‘BA top up’, from a wide range of UK universities.
If you decide to complete your full undergraduate degree through one of our partner accredited UK universities, you can choose from the following institutions:
Coventry University:
Business Management and Leadership BA (Hons) – London Campus
Business Management and Leadership BA (Hons) – Coventry Campus
Northampton University:
BSc (Hons) in International Accounting
University of Derby:
BSc (Hons) Business and Management
University of Hertfordshire:
BA (Hons) Business Administration
University of Central Lancashire (UCLAN):
BA (Hons) Business Management
University of Hertfordshire:
BA (Hons) Business Administration (top-up) (Online)
Edinburgh Napier University:
BA in Business Management
BA in Business and Enterprise
BA in Sales Management
University of Bolton:
BSc Honours Business with Finance top-up
University of Cumbria:
BA (Hons) Global Business Management
BA (Hons) International Business Management
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