120 Credit Level 7 Diploma in Accounting & Finance
The Level 7 Diploma in Accounting and Finance is designed to meet the needs of senior/middle managers and accountants in the running of their businesses, and to facilitate their progression to higher levels within their organisation. It focuses on developing understanding, skills and abilities to equip the Learner with the awareness and aptitudes to be an effective accounting and finance manager.
The Level 7 Diploma in Accounting and Finance is accredited at Level 7 with a total equivalence of 120 credits. It is envisaged that learners completing the diploma will progress to the final year of a postgraduate degree.
This programme includes contemporary topics with cutting edge content, reflecting key issues within the 21st century business environment as well as the latest developments in management research.
The overall structure of the qualification is based on 6 units that cover a number of topics relating to learning outcomes. All 6 units are mandatory with the equivalency of 20 credits.
Upon completing this Level 7 diploma, learners can join a university partner to complete a dissertation to then receive a full master’s degree.
Learners can also step directly into employment in an associated profession or progress to the Level 8 Diploma inStrategic Management and Leadership.
ACC701 - Strategy and Global Finance (20 credits)
The aim of this unit is to ensure that the learner can exercise techniques and decide on decisions that add value in terms of corporate finance based on sound theoretical concepts.
ACC702 - Strategic Financial Management (20 credits)
The aim of this unit is to develop learner ability to exercise the techniques and to make value added decisions in terms of corporate strategy and finance based on sound theoretical concepts.
ACC703 - Strategic Auditing (20 credits)
The aim of this unit is to help learners understand the ability to choose and apply suitable investigative techniques to a variety of situations that are simple and non-simple in the accounting environment.
ACC704 - Ethical Behavior and Corporate Governance (20 credits)
The aim of this unit is to reveal the sequential development and guideline of accounting and the impact of accounting and finance on the environment, the various stakeholders and on society.
ACC705 - Corporate Reporting (20 credits)
The aim of this unit is to help learners in the preparation and interpretation of financial statements for a group of companies where they are prepared in accordance with generally accepted accounting principles and to understand and evaluate the key aspects of accounting theory.
ACC706 - Financial Analyst (20 credits)
The purpose of this unit is to develop understanding of market equilibrium models, bond valuation and performance evaluation.
Entry to Level 7 Diploma in Accounting and Finance
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Standard duration of the Level 7 programme is 8 months. The student is required to submit 6 assignments to complete Level 7.
Recognition of Prior Learning is the recognition of non-certified learning towards a full unit or a qualification. You are able to gain credits using your previous regulated or unregulated qualifications or work experience. You can submit your CV and supporting documents for an evaluation.
The academic courses at the London Institute of Business & Technology are delivered using a "Blended Learning" format, which allows students to pursue their desired qualifications at their own pace. Our feature-rich Learning Management System provides easy access to Virtual Class recordings, textbooks, multimedia content, and other resources, as well as unlimited on-demand tutoring free of charge. Our tutors can be reached via email, phone, Google Meet, or any other preferred channel of your choice.
Credits and Total Qualification Time (TQT)
Level 7 is made up of 120 credits which equates to 1200 hours of TQT and includes 480 hours of GLH.
Total Qualification Time (TQT): is an estimate of the total amount of time that could reasonably be expected to be required for a learner to achieve and demonstrate the achievement of the level of attainment necessary for the award of a qualification. Examples of activities that can contribute to Total Qualification Time include: guided learning, independent and unsupervised research/learning, unsupervised compilation of a portfolio of work experience, unsupervisede-learning, unsupervised e-assessment, unsupervised coursework, watching a prerecorded podcast or webinar, unsupervised work based learning.
Guided Learning Hours (GLH): are defined as the time when a tutor is present to give specific guidance towards the learning aim being studied on a programme. This definition includes lectures, tutorials, and supervised study in, for example, open learning centres and learning workshops, live webinars, telephone tutorials or other forms of e-learning supervised by a tutor in real time. Guided learning includes any supervised assessment activity; this includes invigilated examination and observed assessment and observed work based practice.
The Chartered Management Institute (CMI) is a professional institution for management based in the United Kingdom. CMI supports managers and leaders worldwide with the tools, resources and community support to take on any professional challenge. All student at The London Institute of Business and Technology receives free CMI membership. CMI membership empowers you with tailored support, opportunities and resources to help you reach your management and leadership potential.