Level 5 Diploma in Accounting and Business

Overview

An organization’s accounting and financial operations are managed by a financial accountant. They assess the firm’s financial viability and give other departments financial data so they can plan their budgets and make investment decisions.

 

VIBE Education offers a variety of Accounting and Business diploma with all the skills needed for increased employment opportunities. After completion of this, students will have a specific set of abilities that will be helpful in the future.

 

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Why Accounting and Business?

The Level 5 Diploma in Accounting and Business’s main goal is to give students the skills necessary to start a career in financial management and accounting in a variety of organizations. Every student will be given the tools they need to understand accounting, adjust quickly, and advance in their learning, according to the program’s design.

Benefits of Accounting and Finance

Accounting and finance are important as a subject simply because it is essential to the functioning of every organization. Accountancy experts’ skills are necessary for any business that depends on revenue to survive.

 

The great accounting can have a very favorable impact on business performance. More than ever, the financial activities of businesses of all types and sizes are being closely examined. For this reason, qualified and competent accountants are in highly high demand throughout practically every modern industry.

Job Opportunities

  • Chartered Accountant
  • Audit manager
  • Chief Account
  • Fund Accountant
  • Key Accounts executive
  • Account assistant Payroll
  • Business Development Executive/Manager
  • Business Analyst
  • Sales & Business Development Manager
  • Business setup advisor
  • Marketing Manager
  • Policy Management Executive
  • Human Resource Manage

Level 4 Diploma in Accounting and Business (Year 1)

Overview

The objective of the Level 4 Diploma in Accounting and Business qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth.

The Level 4 units combine both theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams.

Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their accounting and business and management skills and to progress to further study or employment.

Program Details

 The UK Qualifications certifications are geared toward every student above 18 years old.

 

Learners’ entry profiles are likely to have at least one of the following:

 

  • A Level 3 program in the relevant field or a comparable program
  • GCE Advanced level in two disciplines or a comparable program.

What are covered in Level 4 diploma in Accounting and Finance

The UK Qualifications Level 4 certification in Accounting and Finance requires the completion of 6 obligatory modules for a total of 120 credits, 1200 hours of Total Qualification Time (TQT), and 600 hours of guided learning (GLH).

  • Principles of Financial Accounting (20 credits)
  • Business and the Economic Environment (20 credits)
  • Academic Writing and Research Skills (20 credits)
  • Management Accounting (20 credits)
  • Leading and Managing Teams (20 credits)
  • Quantitative Methods in a Business Context (20 credits)

Successful completion of the  Level 4 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to relevant Level 5 in Accounting and Business qualification.

 

The Level 4 Diploma in Accounting and Business has been developed with career progression and professional recognition in mind. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into Year 2 of a three-year UK Bachelor’s degree programme.

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Level 5 Diploma in Accounting & Business (Year 2 )

Overview

Accounting and finance are at the very heart of business operations. From banking to manufacturing, from huge service industries to micro businesses, the ability to manage, plan and account for money is still the ultimate measure of business success and the key driver of growth.

The objective of the Level 5 Diploma in Accounting and Business qualification is to provide learners with the knowledge and skills required by a middle manager in an organisation that may be involved in the areas of business strategy, financial management, financial reporting, financial planning/control and human resource management. Learners will also integrate their knowledge and skills and learn about the world of Business start-ups and how to develop a business plan.

Who are Eligible to enroll in the Vocational diploma course L-5

The UK Qualification certifications are geared toward every student above 18 years old.

Learners’ entry profiles are likely to have at least one of the following:

  • A Level 4 program in the relevant field or a comparable degree
  • Learner needs to be 18 years old or above while joining the course.

What are covered in Level 5 Diploma in Accounting and Finance

The UK Qualification Level 5 certifications in Accounting and Finance requires the completion of 6 obligatory modules for a total of 120 credits, 1200 hours of Total Qualification Time (TQT), and 600 hours of guided learning (GLH).

  • Business Start-up: Conception to Market (20 credits)
  • Financial Management (20 credits)
  • Principles and Concepts of Business Strategy (20 credits)
  • The Management of Human Resources (20 credits)
  • Financial Planning and Control (20 credits)
  • Financial Reporting (20 credits)

Successful completion of Level 5 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to Level 6 Diploma in Accounting and Business, and other relevant Level 6 Diplomas.

The Level 5 Diploma in Accounting and Business has been developed with career progression and professional recognition in mind. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into the final year of a three-year UK Bachelor’s degree.

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