The level 4 (diploma in accounting and finance) and level 5 (diploma in business management) are a 240 credit course designed to fast track students to the final year of an associated undergraduate degree in accounting and finance, which can either be completed at a UK university on campus or via distance learning.
The level 4 modules and assignments of this course are equivalent to the first year of a university degree. The level 5 modules and assignments are equivalent to the second year of a university degree.
This course is made up of 10 level 4 modules (120 credits) and 10 level 5 modules (120 credits); each level also includes 6 written assignments. If a student decides to only study at level 4, they will receive 120 credits and can apply for an exemption from the first year of a university degree course.
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.
This course is eligible for ELCAS funding.
Progress onto university final year
- Anglia Ruskin University
- University of Derby
- Northampton University
- Qualification Numbers: Qualifi Level 4 Diploma in Accounting and Finance- 610/0796/1
- Qualification Numbers 2: Qualifi Level 5 Diploma in Business Management - 601/6049/4
The fee for enrolling onto the level 4 and level 5 courses together is $4940. Alternatively students can enrol onto a single level (level 4 or 5) for $2470 each.
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
If you decide to top up to a full undergraduate degree through an accredited UK university, the costs are listed below.
Coventry University
Business Management and Leadership BA (Hons)- online- £6,000
Business Management and Leadership BA (Hons)– London Campus – £10,000
Business Management and Leadership BA (Hons)– Coventry Campus- £10,000
Anglia Ruskin University
BSc (Hons) Management (Top-Up) – £4,850
Northampton University
BSc (Hons) in International Accounting -£9,250
University of Derby
BSc (Hons) Business and Management– £5,200
Westcliff University
Business Administration – £11,655 (online) / £15,600 (on campus)
University of Hertfordshire
BA (Hons) Business Administration – £6,400
University of Central Lancashire (UCLAN)
BA (Hons) Business Management – £9,240
University of Hertfordshire
BA (Hons) Business Administration (top-up) (Online)
Edinburgh Napier University
BA in Business Management – £4,600
BA in Business and Enterprise – £4,600
BA in Sales Management – £4,600
University of Sunderland – On Campus
BA (Hons) Business and Management – £9,250
University of Bolton
BA (Hons) Top-up, fee £10,250
University of Cumbria
BA (Hons) Global Business Management – ON CAMPUS– £9,250 UK/ £13,250 International
BA (Hons) International Business Management – ON CAMPUS– £9,250 UK/ £13,250 International
University of Nicosia, Cyprus
Undergraduate Top up to BA – €6,000
NOTE: UK/EU students may be eligible for student loans for the top-up portion of their studies. Visit www.slc.co.uk for more information.
Assignment marking and feedback
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*excluding ELCAS funded learners
To enrol onto the level 4 course, you must be at least 18 and have a full secondary education. Before enrolling onto the level 5 course, you must have attained a level 4 or equivalent.
The business environment
Explore issues outside of the business that may affect the business and its operations. Looking into economics, international dimensions, nature and competition.
Managing and using finance
This module covers key areas of accounting, as seen from a business perspective. It explains how accountancy can inform and guide management decisions.
Maximising resources to achieve business success
An organisation that fails to dedicate sufficient attention to its use of resources will prove to be unprofitable over time. By being observant and prudent, any organisation can achieve significant gains from the management of its resources.
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.
Basic accounting
On completion of this module, learners will understand accounts and how they can be used to give insight into the health of the organisation.
Budgetary control
This module aims to explain methods of financial control using budgets. This includes development and implementation of departmental budgets, which are combined to form a master budget.
Financial performance
This module aims to demonstrate how financial performance can be assessed in organisations. This includes the use of financial statements, and accounting standards. It also examines ways for raising finance over different periods of time.
Financial ratios
This module aims to demonstrate the application and meaning of the commonly used financial ratio. This includes examining liquidity, solvency, gearing and profitability.
Financial statements
This module aims to describe the preparation and presentation of the three financial statements. This includes the accounting concepts used.
Further ratios
This module aims to demonstrate how to determine financial efficiency. This includes understanding debt repayment capacity and investment appraisal. Using this knowledge, learners will be able to assess the likely of future financial success.
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.
The level 4/5 diploma in accounting and management has 10 modules and 6 written assignments at each level. 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 for the level 4 course are:
- Accounting in a business context
- Economics for business mathematical
- Accounting methods
- Financial accounting
- Management accounting
- Leadership and management in accounting
More information about the level 4 units can be found here: Qualifi Level 4 Diploma in Accounting and Finance – Qualifi
The assignment unit titles for the level 5 course are:
- Business development
- Business models and growing organisations
- Customer management
- Responding to the changing business environment
- Risk management and organisations
- Effective decision making
More information about the level 5 units can be found here: Qualifi level 5 diploma in business management
Level 4 sample certificate
Level 5 sample certificate
Successful completion of the undergraduate level 4 (accounting and finance) and level 5 (business management) and final year of an accredited undergraduate degree programme will give students the right credentials to go on and apply for a job in marketing, accounting, human resources, management or business consultancy.
