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OTHM Level 3 Foundation Diploma in Accountancy

Online Distance Learning


School of Business & Technology London

Summary

Price
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£729.21 inc VAT (was £1,458.42)
Offer ends 05 December 2023
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Study method
Distance learning, self-paced
Duration
12 months
Qualification
OTHM Level 3 Foundation Diploma in Accountancy
Regulated qualification What's this?
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

The objective of the OTHM 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.

Qualification

OTHM Level 3 Foundation Diploma in Accountancy

Awarded by OTHM Qualifications
Regulated by Ofqual

Description

The OTHM 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.

Mandatory Units

  • Recording Financial Transactions (20 credits)
  • Management Information (20 credits)
  • Maintaining Financial Records (20 credits)

KEY HIGHLIGHTS

  • Are you aspiring to have a career in a range of organisations in relation to financial management and accountancy? Then, OTHM Level 3 Foundation Diploma in Accountancy is the ideal starting point for your career journey.
  • Remember! The assessment for the qualification is done based on assignments only, and you do not need to worry about writing any exam.
  • With the School of Business and Technology London, you can complete the qualification at your own pace choosing online or blended learning from the comfort of your home.
  • Learning and pathway materials and study guides developed by our OTHM approved tutors who would be available around the clock in our cutting-edge learning management system.
  • Most importantly, at the School of Business and Technology London, we will provide you with comprehensive tutor support through our dedicated support desk.
  • If you choose your course with blended learning, you will also enjoy live sessions with an assigned tutor, which you can book at your convenience.

CAREER PATHWAYS

The OTHM Level 3 Foundation Diploma in Accountancy can open many career pathways including, but not limited to:

  • Budget analyst; with an estimated average salary of £42,100 per annum
  • Public accountant; with an estimated average salary of £20,265 per annum
  • Accounting assistant; with an estimated average salary of £23,250 per annum
  • Accounting clerk; with an estimated average salary of £30,566 per annum
  • Book keeping assistant; with an estimated average salary of £20,967 per annum

Who is this course for?

Learners who wishes to enter under graduate programme or career in accounting area.

Requirements

OTHM Level 3 qualifications can be offered to learners from age 16. OTHM does not specify entry requirements for these qualifications. OTHM ensures that learners admitted to the programme have sufficient capability at the right level to undertake the learning and assessment criteria.

Career path

Successful completion of OTHM Level 3 Foundation Diploma in Accountancy provides learners the opportunity for academic progressions to a wide range of undergraduate programmes including OTHM Level 4 Diploma in Accounting and Business.

Questions and answers

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.