Qualifi Level 3 Diploma in Accounting and Finance

Programme Overview

The BSMS Level 3 Diploma in Accounting and Finance is designed to equip learners with a solid foundation in financial management and accountancy. The programme prepares students to work effectively within a variety of organisations while also creating a pathway for further academic progression in the field of accounting and finance.

On successful completion of the BSMS Level 3 Diploma in Accounting and Finance, learners will be well-positioned to continue their studies at a higher level or to pursue entry-level opportunities in employment within finance-related sectors.

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Why choose this programme?

  • Strong Foundation in Finance – Gain essential knowledge and skills in accounting and financial management, setting the stage for both academic and professional growth.

  • Pathway to Progression – The qualification enables smooth progression to higher-level diplomas or degree programmes in accounting, finance, and business.

  • Practical and Career-Focused – Developed to reflect real-world practices, the programme prepares learners for the workplace as well as further study.

  • Recognised Qualification – A well-structured diploma that enhances employability and builds credibility in the finance sector.

  • Delivered by BSMS – At the British School of Management and Science, students benefit from quality teaching, supportive learning, and a professional environment that encourages success.

Key Facts

The Qualifi Level 3 Diploma in Accounting and Finance at BSMS (British School of Management and Science) provides learners with a strong foundation in financial management and accountancy. Accredited as a Vocational Related Qualification (Higher Education) at Level 3, this diploma carries a credit value of 60. It is recognised both in the UK and internationally, supporting learners in progressing to higher-level study or entry-level roles within the finance sector.
Qualification Title Qualifi Level 3 Diploma in Accounting and Finance
Qualification Type Vocational Related Qualification (Higher Education)
Level 3
Accreditation Status Accredited
Credit Equivalency 60
Qualification Number (RQF) 610/0795/X
Availability UK and international

Entry Requirements

Approved centres — including BSMS (British School of Management and Science) — are responsible for assessing each applicant’s suitability for the programme and confirming they can meet the demands of the qualification. As part of the enrolment process, centres must carry out an initial assessment that considers existing support and any additional reasonable adjustments that may be needed to help the learner succeed.

  • Minimum age: Applicants must be at least 16 years old.
  • English language: Where English is not the applicant’s first language, a minimum of IELTS 6.0 (or an equivalent qualification) is required.
  • International qualifications: International awards will be reviewed to ensure applicants are suitable for UK higher education entry where relevant.
  • References: Applicants are normally asked to provide two supporting references, with at least one preferably being academic.
  • Access and inclusion: The qualification is designed to avoid artificial barriers to entry. Centres should consider and arrange appropriate support to meet individual learner needs.
Centres (including BSMS) must retain records of the initial assessment and any agreed support measures to ensure each learner receives the assistance needed to complete the programme.

Progression Route

Successful completion of the Qualifi Level 3 Diploma in Accounting and Finance at BSMS (British School of Management and Science) opens up multiple opportunities for learners to continue their academic journey or move directly into professional roles.
  • QUALIFI Level 4 Diploma in Accounting and Finance
  • QUALIFI Level 4 Diploma in a related area
  • Employment in an associated profession

Programme Modules

The Qualifi Level 3 Diploma in Accounting and Finance at BSMS (British School of Management and Science) is structured around key modules that build a strong foundation in accounting and financial practices. Learners will cover the following areas:

  • Financial Transactions Record-Keeping
  • Cost and Management Information
  • Financial Records Maintenance

Learning Outcomes

  • Recognize the importance of accurately recording financial transactions.
  • Explain the principles and scope of cost and management accounting.
  • Identify the purpose and application of ICT in recording management information.
  • Describe the role of financial records and the application of key accounting concepts.

Assessment

The assessment strategy for the Qualifi Level 3 Diploma in Accounting and Finance at BSMS (British School of Management and Science) is designed to measure both theoretical understanding and practical application of knowledge.

Learners are assessed through a combination of written assignments, practical tasks, and case study analyses. Each unit requires evidence that demonstrates achievement of the specified learning outcomes. Assessments are internally marked and externally verified to ensure quality and consistency.

There are no formal written examinations; instead, the emphasis is on coursework and applied learning, allowing students to showcase their ability to apply financial concepts to real-world situations.