Diploma in Cost Analysis – Level 3

Diploma in Cost Analysis at QLS Level 3

This course is endorsed under the Quality Licence Scheme.

Do you want to learn about cost behaviour analysis? The Diploma in Cost Analysis at QLS Level 3 course will go in-depth and give learners a comprehensive understanding of how to apply cost analysis techniques within their daily tasks. It is a systematic approach to calculating and comparing the costs of an action in a given situation. Businesses use cost benefit analysis to analyse decisions. It is the process of estimating all possible costs involved and the profits that are derived from these decisions.

The course offers learners an overview of break even and target income, cost behaviour and cost behaviour analysis and sensitivity analysis. It is an in-depth course that offers learners a comprehensive look at cost analysis and how the strategies can be applied within their work environment.

The Diploma in Cost Analysis at QLS Level 3 course will give insight into the decision-making tools to prioritise and evaluate resources required on cost estimates and the expected return on investment. Become competent in cost analysis and cost analysis behaviour and take your skills to the next level.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why Choose Global Edulink?

Global Edulink offers the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

COURSE CURRICULUM

Module 01 : Cost Behaviour

Module 02 : Cost Behaviour Analysis

Module 03 : Break Even and Target Income 1

Module 04 : Break Even and Target Income 2

Module 05 : Sensitivity Analysis 1

Module 06 : Sensitivity Analysis 2

Module 07 : CVP for Multiple Products

Module 08 : Assumptions of CVP

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Method of Assessment

In order to complete the Diploma in Cost Analysis at QLS Level 3 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

While the submission of your assignment is compulsory for you to get your Quality Licence Scheme certification, you can also receive another CPD & iAP, free e-certificate if you take a 20 multiple choice exam.

Certification

Those who successfully complete the course will be issued the Diploma in Cost Analysis at QLS Level 3 by the Quality Licence Scheme.

Course Code: QLS-4527

Endorsed by

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Other Benefits

• Written and designed by the industry’s finest expert instructors with over 15 years of experience
• Repeat and rewind all your lectures and enjoy a personalised learning experience
• Unlimited 12 months access from anywhere, anytime
• Save time and money on travel
• Learn at your convenience and leisure
• Eligible for TOTUM discount card

• Accounts Officer
• Management Accountant, Accounts Executive
• Students in the Accounting field

• Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
• A recognised qualification at level 2 or above in any discipline.

• Accountant - £28,498 per annum
• Cost Analyst - £24,368 per annum
• Accounts Assistant - £18,806 per annum
• Accounts Executive - £22,224 per annum
• Staff Accountant - £24,115 per annum

Others jobs you can get

• Accounting Assistant
• Accounting Clerk
• Accounts Payable Clerk