60 Credits
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This course is equivalent to 24 UCAS Tariff Points.
This 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 in Accountancy is made up of 3 modules and 3 written assignments; each module consists of approximately 40 guided learning hours. While completing the diploma, students can access 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 Finance and then complete an undergraduate top-up at a range of UK universities.
This course is eligible for ELCAS funding.
Students on our Accounting course can complete a Level 3 (60 credits) OTHM diploma, designed to provide students with the skills needed to succeed in the finance industry.
The course is completed online and you can start at any time, it’s completely flexible. Each module consists of 40 hours of guided online learning, with an additional 30-50 hours worth of optional materials that include recommended exercises, readings, digital resources and self-test tasks.
To complete the course you’ll submit 3 online assignments at each level, and assignments are approximately 2,000-3,000 words each. Once you’ve passed your course, you’ll be awarded with an OTHM diploma and you’ll be able to top up your qualification to a bachelor’s degree at a range of UK universities.
During the Accounting course you’ll have access to 1-2-1 tutor support and webinars, social learning forums and additional materials to complete your diploma with ease. You can find out more about the support you’ll have available on our Student Resources page. You can also read about the academic credentials we meet and associations we’re part of to make sure you have the best learning experience.
The Level 3 foundation diploma in accountancy has 3 modules:
Recording financial transactions
This module aims 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 are classified and managed.
Management information
This module aims 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
This module aims 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.
This 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:
1. Recording financial transactions
2. Management information
3. Maintaining financial records
During this Accountancy course, you’ll have access to 1-2-1 tutor support and webinars, social learning forums and additional materials to complete your diploma with ease. You can find out more about the support you’ll have available on our Student Resources page.
You can also read about the academic credentials we meet and associations we’re part of to make sure you have the best learning experience.
The fee for enrolling onto the level 3 course is £8,000.
Students can make payment using one of the following methods:
Studying accounting 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:
1. 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.
2. 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.
3. Government and Nonprofit Accounting:
• Government Accountant: Manage public funds, audit government agencies, and ensure financial compliance with regulations.
• Nonprofit Accountant: Handle financial reporting, budgeting, and grant management for nonprofit organisations.
4. Specialised 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.
5. 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.
Obtain a globally recognized and accredited online degree through our online course.
You have the flexibility to customize your payment plan, allowing you to pay in convenient, manageable instalments.
Mark your achievement with an on-campus graduation celebration.
Enjoy up to a 50% discount on tuition
All module assessments are based on submitted assignments; no exams are required.
Get access to online study materials. All courses are 100% online and self-paced.
You will be awarded a degree certificate from MBS as well as the Partner University.
Attain a degree without the need to relocate from your home country.
Explore practical business modules designed for hands-on learning.
It’s really simple to enrol on our Accountancy course, it only takes a few moments and you can either enrol online or over the phone, it’s entirely up to you:
Simply register online
Call our friendly team directly at: +447832618475
Email us at: info@mbsedu.co.uk
No, we like to keep things simple here at MasterMinds Business School, London UK., so you won’t need to go to an interview to enrol on our Accountancy course. All you’ll need to do is complete a short application form to make sure you meet the criteria for the course, for example, you must have a full secondary education.
The duration of our diploma in Accountancy is completely flexible and entirely up to you – we allow 5 years to complete the course, which means you can work at a pace that suits you and your life. You can also study the modules in any order at any time so you have complete control of your learning.
Our Accountancy course includes some great added extras to help you succeed, from 1-2-1 tutoring support and online learning resources, and Student Membership card.
You don’t need any previous work experience to enrol on our Level 3 Accountancy course, however, to meet the criteria to enrol in our Level 3 Accountancy course, you must be at least 16 years old and have a full secondary education.
