NCFE Level 3 Diploma in Skills for Business: Finance

NCFE Level 3 Diploma in Skills for Business: Finance

*With Up to 84 UCAS points*

Develop the capacity to modify financial plans and budgets and provide financial support and vision in the completion of commercial agreements with the guidance of our NCFE Level 3 Diploma in Skills for Business: Finance qualification. Obtain the knowledge you need to understand the legal and financial issues that might affect your business activities.

Ofqual regulates the NCFE Level 3 Diploma in Skills for Business: Finance, allowing you to get high-quality education online. In this course, you will study business structures, responsibilities, communication, and the environment, as well as how to provide excellent customer service, problem-solving, management, and performance abilities. After finishing this NCFE Level 3 Diploma in Skills for Business: Finance course, you will earn UCAS points, which will help you get admission to a university for future study.

This NCFE Level 3 Diploma in Skills for Business: Finance will enhance your abilities and knowledge in financial tasks such as producing final accounts for sole proprietors and partnerships, comparing and reporting actual expenses to projected costs, and dealing with VAT.

Without further ado, enrol right now to enhance your experiences in finance!

Kingston Open College is the affiliate partner of One Education. Under the affiliate partnership/program this Qualification will be delivered and assessed by One Education.

Benefits of studying NCFE Level 3 Diploma in Skills for Business: Finance with KOC

• Comprehensive study materials and study links available at no additional cost
• Students will be eligible for TOTUM Pro Discount Card
• Gain an Ofqual Regulated Certificate accepted by employers worldwide
• Study 100% online at your own pace, whenever and wherever you like
• Teaching Support from a dedicated tutor throughout your course
• Progression opportunity to UK’s top Universities
• Assignments will be accessed via online learning portal when they are to be completed and returned to the course tutor for assessment
• You will receive timely feedback in order to improve your work
• Dedicated customer support for any technical help.

Learning outcomes of the NCFE Level 3 Diploma in Skills for Business: Finance

• Acknowledge the business culture and responsibilities.
• Know the procedure of delivering customer service and producing documents.
• Get extensive skills in problem-solving, communication and working with others.
• Gain an in-depth understanding of the contribution to a running business.
• Enhance your innovation, management and performance skills.
• Discover accounts preparation, indirect tax, costs and revenues for a business.
• Obtain outstanding skills in professional ethics and respond to change in a business environment.

NCFE Level 3 Diploma in Skills for Business: Finance

This NCFE Level 3 Diploma in Skills for Business: Finance course is delivered online and you can access the course 24/7 at your convenient time. This course covers the following mandatory units:

• Unit 01: Business culture and responsibilities
• Unit 02: Deliver customer service in a business environment
• Unit 03: Produce documents in a business environment
• Unit 04: Solve problems in a business environment
• Unit 05: Work with others in a business environment
• Unit 06: Communicate in a business environment
• Unit 11: Accounts preparation
• Unit 12: Prepare final accounts for sole traders and partnerships
• Unit 13: Costs and revenues
• Unit 14: Indirect tax

Study Time

Total Qualification Time

Total Qualification Time comprises of the Guided Learning Hours for the qualification and an estimate of the number of hours a learner will reasonably be likely to spend in preparation, study or any other form of participation in education or training, including assessment, which takes place as directed by – but not under the immediate guidance or supervision of – a lecturer, supervisor, Tutor or other appropriate providers of education or training.

TQT for this qualification is 820 Hours.

The total credit for this qualification is 82.

Guided Learning Hours

Guided Learning Hours estimate how much time a mentor, classroom facilitator, or other professional educator spends on average consulting with a student, either face to face or in real-time, to help the student achieve the course's learning outcomes at a satisfactory level.

Guided Learning Hours for this qualification is 545 hours.

Method of Assessment

Each learner must create a portfolio of evidence generated from appropriate assessment tasks, which demonstrates achievement of all the learning outcomes associated with each unit. Upon completing each unit, learners must declare that the work produced is their own, and the Assessor will countersign this.

The learner will complete internally assessed work in accordance with the qualification specification.

Progression

NCFE Level 3 Diploma in Skills for Business: Finance Qualified students can advance to equivalent levels of education, such as:

• NCFE Level 3 Diploma in Skills for Business
• NCFE Levels 3 and 4 Diplomas in Business Administration
• NCFE Levels 3 and 4 Diplomas in Customer Service
• NCFE Levels 3 and 4 Diplomas in Management
• Level 3 or 4 Diploma in ICT Professional Competence
• Level 4 NVQ Certificate in Business and Administration
• Level 4 IT-related qualification
• Level 4 finance or accounting related qualification

NCFE Level 3 Diploma in Skills for Business: Finance

This NCFE Level 3 Diploma in Skills for Business: Finance is suitable for:

• Students who wish to develop skills and qualities valued by the industry.
• Individuals who want to prepare themselves for a better career opportunity
• Individuals who wish to obtain an education at a higher level

NCFE Level 3 Diploma in Skills for Business: Finance

This NCFE Level 3 Diploma in Skills for Business: Finance qualification is intended for students who want to concede the skills required to perform effectively, financial strategies and responsibilities in a business context. There are no specific requirements for this qualification. However,

• This qualification is intended for learners aged 16 and above.
• Learners who have previously completed a Level 2 certification may find it helpful.

NCFE Level 3 Diploma in Skills for Business: Finance

This NCFE Level 3 Diploma in Skills for Business: Finance qualification will improve your prospects in:

• Accounts Assistant: £18,000 - £25,000 per year
• Payroll Administrator: £20,000 - £28,000 per year
• Credit Control Clerk: £20,000 - £30,000 per year
• Finance Assistant: £20,000 - £30,000 per year
• Bookkeeper: £22,000 - £32,000 per year

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