The level 3 university foundation programme is a 60 credit qualification (equivalent to one A level). The objective of the course is to provide learners with a foundation for a career in a range of organisations in relation to financial management and accountancy. It is designed to ensure that each learner is equipped with knowledge of accountancy, and the skills to adapt rapidly to change and progress with their learning.
The level 3 diploma business management is made up of 3 modules and 3 written assignments; each module consists of approximately 40 guided learning hours. While completing the diploma, students will have access to various study resources, such as tutor support and webinars, a social learning forum, and additional materials to complete their graduate business course.
Upon completion of this course, students receive an OTHM level 3 accountancy qualification which is fully regulated by Ofqual. Students will then have the opportunity to apply for admission onto a full undergraduate degree programme from a range of UK universities. Alternatively, students can opt to study our level 4/5 diploma in accounting and business and then complete a undergraduate top up at a range of UK universities.
Programme Requirements
- Candidates are required to have a minimum of Five (5) O’ Level credit passes including English Language, Mathematics, Economics and any other two (2) other subjects
- University progression - On completion of this course, students will have the opportunity to apply for admission onto a full degree programme from a range of UK universities.
This course is eligible for ELCAS funding.
On completion of this course, students will have the opportunity to apply for admission onto a full BA degree programme from a range of UK universities. Progress onto university first year
Qualification Numbers: OTHM Level 3 Foundation Diploma in Accountancy- 603/3811/8
The fee for enrolling onto the level 3 course is $2340.
Students can make payment using one of the following methods:
- Credit or debit card
All course material, including online modules and written assignments
Personal tutor support with 1-2-1 Zoom sessions
Dedicated student support
Access to an online social learning forum
Assignment marking and feedback
FREE TOTUM student discount card
FREE access to our Hubs
University progression
On completion of this course, students will have the opportunity to apply for admission onto a full BA degree programme from a range of UK universities.
The level 3 course is made up of 3 modules and 3 written assignments. Each module consists of 40 guided learning hours of material with an additional 30-50 hours worth of optional materials that comprise of recommended exercises, recommended readings, Internet resources, and self-testing exercises.
This course is most suited to individuals who are at least 16 years old, have a high school education and wish to progress onto a degree at university.
The level 3 foundation diploma in accountancy has 3 modules:
- Recording financial transactions
The aim of this module is to give learners a basic understanding of how to record financial transactions. The unit covers what is needed to record financial transactions accurately and completely, for example source documents. Finally, the module explores how income and expenditure is classified and managed.
- Management information
The aim of this module is to develop learners’ awareness of aspects of cost and management accounting, including the purpose of management information. The unit introduces the use of ICT in the recording of management information, including its advantages and disadvantages.
- Maintaining financial records
The aim of this module is to provide learners with an understanding of why financial records need to be kept. The learner will develop the ability to use the double-entry system of bookkeeping and to prepare a three-column cash book and a bank reconciliation statement.
Written assignments
The level 3 foundation diploma in accountancy has 3 written assignments. The assignments are approximately 2,000-3,000 words each. Students are provided support on the modules and assignments via the ‘Tutor’ section of the learning platform.
The assignment unit titles that students need to complete for the level 3 course are:
- Recording financial transactions
- Management information
- Maintaining financial records
More information about the level 3 units can be found here: OTHM_L3_FDip_Acc_spec_2020_03.pdf
Sample certificate
