The objective of the Level 3 Foundation Diploma in Accountancy 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. Successful completion of the Level 3 Foundation Diploma in Accountancy provides learners with the opportunity to progress to further study or employment.
Qualifications you can earn on this course
Students may opt for any one following awards on this course. Please see the fees page for the relevant fees for each award.
1. Foundation Diploma in Accountancy internally awarded by Stratford College of Business and Management. The grading system for this award is A** – F
2. OTHM Level 3 Foundation Diploma in Accountancy (RQF) externally awarded by OTHM. The grading system is for this award is PASS / FAIL
3. Dual award (1 &2)
Qualifications at RQF Level 3 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to GCE AS/A Levels.
The Level 3 Foundation Diploma in Accountancy consists of 3 mandatory units for a combined total of 60 credits, 600 hours Total Qualification Time (TQT) and 240 Guided Learning Hours (GLH) for the completed qualification.
- Recording Financial Transactions (20 credits)
- Management Information (20 credits)
- Maintaining Financial Records (20 credits)
Successful completion of the Level 3 Diploma in Business Studies qualification enables learners’ direct entry into Year 1 of a three-year UK Bachelor’s degree or pursue Level 4 Diplomas. The OTHM qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), many universities acknowledge the ability of learners after studying Level 3 Diploma in Business Studies and consider for direct entry into a range of their Bachelor’s degree programmes. For more information visit University Progressions page in this website.
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