Qualifi Level 5 Diploma in Accounting and Finance
Programme Overview
The QUALIFI Level 5 Diploma in Accounting and Finance is designed to deepen learners’ knowledge of management accounting and finance, emphasising their strategic role in modern business. The programme develops advanced practical skills to prepare learners for successful careers in managing and leading financial operations.
Upon successful completion, learners will be well-positioned to progress to higher-level study or to pursue a wide range of professional opportunities in accounting and finance.
Apply Now Register your InterestWhy choose this programme?
Choosing the QUALIFI Level 5 Diploma in Accounting and Finance at BSMS enables you to build on your existing knowledge while developing more advanced skills in financial management and accounting. This programme focuses on strategic and practical aspects of finance, giving you the expertise to tackle complex business challenges. With clear progression routes to higher-level qualifications and enhanced career opportunities, it is an excellent choice for learners aiming to strengthen their professional profile and excel in the competitive field of accounting and finance.Key Facts
| Qualification Title | Qualifi Level 5 Diploma in Accounting and Finance |
|---|---|
| Qualification Type | Vocational Related Qualification (Higher Education) |
| Level | 5 |
| Accreditation Status | Accredited |
| Credit Equivalency | 120 |
| Qualification Number (RQF) | 610/0797/3 |
| Availability | UK and international |
Entry Requirements
Approved Centres are responsible for assessing each applicant’s ability to successfully complete the programme and meet its academic and practical demands. Centres must also consider the availability of any additional support required to meet individual learner needs.
- This qualification is designed to be accessible without unnecessary barriers. Applicants must be 18 years or older and normally hold a Level 4 qualification in a related subject, such as the QUALIFI Level 4 Diploma in Accounting and Finance. In some cases, learners with substantial professional experience but no formal qualifications may also be accepted, provided the Approved Centre is confident in their ability to manage the demands of the course.
- For applicants whose first language is not English, an IELTS score of 6.0 (or equivalent) is required. International qualifications will be assessed for their suitability for entry to UK higher education pathways, where relevant. Applicants are usually expected to provide two references, with at least one being academic.
Progression Route
Upon successful completion of the QUALIFI Level 5 Diploma in Accounting and Finance, learners can progress to:
- A QUALIFI Level 6 Diploma in a related field.
- The final year of a Higher Education degree programme in a relevant discipline (subject to acceptance by the awarding institution).
- Employment opportunities in accounting, finance, and related professional sectors.
Programme Modules
The Qualifi Level 5 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 Management
- Financial Planning and Control
- Financial Reporting
- Principles and Practices of Taxation
- Management of People
- Ethics and Corporate Responsibility in Business
Learning Outcomes
By the end of this programme, learners will be able to:
- Apply financial theories to working capital management and manage an organisation’s global financial risk.
- Evaluate corporate governance practices in relation to financial planning, control, and investment appraisal within the wider economic and financial environment.
- Manage business assets effectively and prepare accurate and comprehensive financial reports.
- Demonstrate knowledge of taxation principles, including the requirements of both personal and business tax.
- Understand and apply effective people management strategies across the full Human Resources (HR) cycle.
- Analyse and integrate Corporate Social Responsibility (CSR) principles into business practice.
Assessment
The assessment strategy for the QUALIFI Level 5 Diploma in Accounting and Finance at BSMS (British School of Management and Science) is designed to evaluate both advanced theoretical knowledge and practical application of accounting and finance principles.
Learners are assessed through a combination of written assignments, practical exercises, research projects, and case study analyses. Each unit requires learners to produce evidence that demonstrates achievement of the specified learning outcomes.
All assessments are internally marked and externally verified to maintain academic standards and consistency. There are no formal written examinations; instead, the focus is on coursework and applied learning, enabling learners to apply advanced accounting and financial concepts to real-world business situations.
