The Level 7 Diploma in Accounting and Finance is at the very heart of business operations, from banking to manufacturing, from huge service industries to microbusinesses. The ability to manage, plan, and account for money is still the ultimate measure of business success and the key driver of growth. Many accountants occupy key managerial positions in business, yet few are qualified managers. In the increasingly complex modern business environment, there is a high demand for skilled professionals who can work flexibly in teams across business boundaries.
The objective of the Level 7 Diploma in Accounting and Finance qualification is to provide learners with an understanding of:
- Contemporary and specialised approaches to accounting and finance
- Key practical, theoretical, and empirical issues, and academic research
- The complexity of the ever-changing legal framework in which the financial sector operates
- The latest developments in accounting and reporting required by local, national, and European governments
The Level 7 Diploma in Accounting and Finance qualification also provides learners with the opportunity to work towards a relevant Master’s programme with advanced standing.
Delivery Methods
WDC provides various flexible delivery methods to its learners, which include blended learning, online learning, distance learning, and in-class learning. The learners can choose the mode of study for their convenience.
Learners are able to:
- Access all course materials, including online modules and written assignments
- Gain teacher support
- Access the WDC online portal (24/7 access to our user-friendly learning portal)
- Acquire assignments briefing
- Receive excellent quality study notes
- Obtain assignment marking and feedback
- Gain fully accredited UK courses
- Receive dedicated customer support via chat, telephone, and email (Monday to Friday)
- Gain full support until the completion of the course
Duration
The Level 7 Diploma in Accounting and Finance is available in two duration modes:
- 6 Months
- 9 Months
Accreditation
This Level 7 Diploma in Accounting and Finance is accredited by the Ofqual Awarding Body (OTHM).
Course Delivery
The programme is delivered:
- Online
- Blended Learning
Entry Requirements
For entry into the OTHM Diploma in Accounting and Finance qualification, learners must possess:
- An honours degree in a related subject, a UK Level 6 diploma, or an equivalent overseas qualification
Module Structure
The Level 7 Diploma in Accounting and Finance qualification consists of six mandatory units.
| Unit Ref. No. | Mandatory Units | Credit | GLH | TQT |
|---|---|---|---|---|
| R/615/3236 | Investment Analysis | 20 | 100 | 200 |
| Y/615/3237 | Corporate Social Responsibility and Governance | 20 | 100 | 200 |
| D/615/3238 | Global Finance and Strategy | 20 | 100 | 200 |
| H/615/3242 | Strategic Financial Management | 20 | 100 | 200 |
| Y/615/3240 | Strategic Audit | 20 | 100 | 200 |
| D/615/3241 | Corporate Reporting | 20 | 100 | 200 |
Assessment
Assessment is via assignment submission.
No Exams
What Could This Qualification Lead To?
A Level 7 Diploma in Accounting and Finance typically indicates an advanced level of education in the field of accounting and finance. Here are some potential outcomes and career paths that individuals with a Level 7 Diploma in Accounting and Finance might pursue:
- Professional Certification: Individuals may pursue professional certifications such as Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), Chartered Institute of Management Accountants (CIMA), or Association of Chartered Certified Accountants (ACCA).
- Career Advancement: The diploma could facilitate career advancement within an organisation. With advanced knowledge and skills in accounting and finance, individuals may qualify for managerial or executive positions, such as financial manager, finance director, or chief financial officer (CFO).
- Entrepreneurship: The diploma can be beneficial for individuals aspiring to start their own business. Understanding advanced accounting and finance principles is crucial for managing the financial aspects of a business effectively.
- Consultancy Roles: Graduates may choose to work as financial consultants, providing specialised advice to businesses, organisations, or individuals on financial matters, investment strategies, and risk management.
- Academic and Research Positions: Some individuals may pursue a career in academia, teaching accounting and finance at the university level. They may also engage in research activities, contributing to the advancement of knowledge in the field.
Progression
The OTHM Level 7 Diploma in Accounting and Finance qualification enables learners to progress into or within employment and/or continue with further study. Learners are eligible to progress to a Master’s Top-up programme at many universities in the UK and overseas with advanced standing.