Level 7 Diploma in Accounting and Finance
Level 7 Diploma in Accounting and Finance
The Level 7 Diploma in Accounting and Finance aims to equip learners with:
- Modern and specialised approaches to accountancy and finance
- Key practical, theoretical, and empirical issues, along with academic research
- An understanding of the complex and evolving legal framework in the financial sector
- Insights into the latest developments in accountancy and reporting required by local, national, and European governments
This qualification is ideal for those aspiring to careers in the financial services industry, professional accountancy, banking and finance, or management. It provides the essential skills and knowledge needed for high-level roles in various sectors, both in the UK and internationally.
Additionally, the Level 7 Diploma offers a pathway to further academic progression, allowing learners to work towards a relevant master’s program with advanced standing.
To enroll in the Level 7 Diploma in Accounting and Finance, learners must meet the following criteria:
- Educational Qualifications: An honours degree in a related subject, a UK Level 6 diploma, or an equivalent overseas qualification.
- Experience: Mature learners with management experience should verify their eligibility with the delivery centre before registering.
- Age Requirement: Learners must be at least 21 years old at the start of the course.
- English Proficiency: Learners from non-majority English-speaking countries must provide evidence of English language competency. For more details, please visit the English Language Expectations page on this website.
The Level 7 Diplomas on the Regulated Qualifications Framework (RQF) are equivalent to master’s degrees in terms of level. However, they are shorter, comprising 120 credits. To achieve a full master’s degree, learners must complete an additional 60-credit dissertation stage at a university.
The Level 7 Diploma in Accounting and Finance includes six mandatory units, totaling 120 credits, 1200 hours of Total Qualification Time (TQT), and 600 Guided Learning Hours (GLH). The units are:
- Investment Analysis (20 credits)
- Corporate Reporting (20 credits)
- Global Finance and Strategy (20 credits)
- Strategic Financial Management (20 credits)
- Strategic Audit (20 credits)
- Business Research Methods (20 credits)
The qualification is designed to be completed within one academic year for full-time students. However, it offers flexibility to accommodate part-time and distance learning.
Delivery methods include face-to-face lectures, tutorials, seminars, and online learning, exclusively through approved centres.
Assessment: All units are internally assessed and externally verified. The qualifications are criterion-referenced, based on achieving all specified learning outcomes.
Evidence: Learners must provide evidence to demonstrate they have met all learning outcomes and assessment criteria.
Judgement: Assessors will judge whether learners have successfully met the criteria and provide an audit trail of their decisions.
The Level 7 Diploma in Accounting and Finance qualification helps learners advance in their careers or continue their education. Approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), this qualification allows learners to progress to master’s top-up programs at various universities in the UK and internationally, with advanced standing.
Course info
Duration: 12 Months
Language: English
Skill Level: Beginner
Mandatory Units: 6
Certificates: Yes
Access: Lifetime
Delivered by: LCHS UK
Mode of Study: Online
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