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Undergraduate diplomaOfqual UK recognised body

Level 5 Extended Diploma in Accounting and Business

Duration
10 Months, 15 Months
Credits
240 credits
Level
Level 5
Awarding body
Ofqual UK recognised body

Tuition from £1500£2300(fast track £2200)

Duration

10 Months, 15 Months

Credits

240 credits

Awarding body

Ofqual UK recognised body

Level

Level 5

Programme overview

The objective of the Level 5 Extended Diploma in Accounting and Business qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth. Learners will build the knowledge and skills required for a career in a wide range of businesses, where accounting and business literacy are key skills for managers at all levels.

Learners will study level 4 and 5 units, worth 120 credits per academic year with a total credit value of 240 credits (equivalent to the first 2 years of an honours degree).

The Level 4 units lay the foundation for subsequent learning by providing an introduction to relevant accounting and business topics. The units combine theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams.

Learners have the opportunity to progress and apply key skills and techniques to a variety of relevant subject areas through the Level 5 units. The course will provide learners with knowledge and skills in the areas of business strategy, financial management, planning, reporting and human resource management. Learners will also integrate their knowledge and skills from these disciplines and learn to produce a viable business plan.

Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their accounting and business and management skills and to progress to further study or employment.

Learning outcomes

On successful completion, you will be able to:

  1. Assess knowledge and practice related to academic writing and research skills (20 credits).
  2. Demonstrate knowledge and practice related to business and the economic environment (20 credits).
  3. Implement knowledge and practice related to principles of financial accounting (20 credits).
  4. Evaluate knowledge and practice related to quantitative methods in a business context (20 credits).
  5. Apply knowledge and practice related to management accounting (20 credits).
  6. Analyse knowledge and practice related to leading and managing teams (20 credits).
  7. Coordinate knowledge and practice related to principles and concepts of business strategy (20 credits).
  8. Develop knowledge and practice related to financial management (20 credits).

Who is this course for?

Ideal for: Assistant Accountant, Management Accountant (Entry Level), Financial Accountant (Entry Level). This qualification supports progression to Supply Chain Manager (Entry Level) and meets UK employers and professional bodies's training recommendations for accounting finance workers.

What you'll study

  • Academic Writing and Research Skills (20 credits)
  • Business and the Economic Environment (20 credits)
  • Principles of Financial Accounting (20 credits)
  • Quantitative Methods in a Business Context (20 credits)
  • Management Accounting (20 credits)
  • Leading and Managing Teams (20 credits)
  • Principles and Concepts of Business Strategy (20 credits)
  • Financial Management (20 credits)
  • Financial Planning and Control (20 credits)
  • Financial Reporting (20 credits)
  • The Management of Human Resources (20 credits)
  • Business Start-up; Conception to Market (20 credits)

Full module detail

To achieve the Level 5 Extended Diploma in Accounting and Business, learners must achieve 240 credits, of which 120 credits are at Level 4 (6 units) and 120 credits are at Level 5 (6 units).

Level 4: 6 Mandatory units:

  • Academic Writing and Research Skills (20 credits)
  • Business and the Economic Environment (20 credits)
  • Principles of Financial Accounting (20 credits)
  • Quantitative Methods in a Business Context (20 credits)
  • Management Accounting (20 credits)
  • Leading and Managing Teams (20 credits)

Level 5: 6 Mandatory units:

  • Principles and Concepts of Business Strategy (20 credits)
  • Financial Management (20 credits)
  • Financial Planning and Control (20 credits)
  • Financial Reporting (20 credits)
  • The Management of Human Resources (20 credits)
  • Business Start-up; Conception to Market (20 credits)

Learners who complete this qualification often progress to the Level 5 Extended Diploma in Logistics and Supply Chain Management.

Career outcomes

Graduates progress into roles such as Assistant Accountant, Management Accountant (Entry Level), Financial Accountant (Entry Level), and Accounts Manager. Assistant Accountant Management Accountant (Entry Level) Financial Accountant (Entry Level) Accounts Manager Finance Officer Senior Accounts Assistant Financial Analyst Audit Associate Tax Associate Payroll Manager Budget Analyst Cost Accounting Assistant Financial Reporting Assistant Business Finance Analyst Credit Control Manager Treasury Assistant Manager Internal Audit Assistant Commercial Finance Assistant Finance Operations Manager (Entry Level)

Entry requirements

  • Learners who have demonstrated some ability and possess Qualifications at Level 4 or an equivalent international qualification
  • learners may have a first degree in another discipline and want to develop their own business or shift careers
  • work experience in a business environment and demonstrate ambition with clear career goals;
  • Level 5 qualification in another discipline and want to develop their careers in management.

Assessment

The Level 5 Extended Diploma in Accounting and Business is assessed through assignment and coursework submission. You complete set tasks online, submit your work for marking, and build evidence of learning without sitting written exams.

  • Assessment is through written assignments and coursework submitted online.
  • There are no written examinations.
  • You receive tutor feedback on your submissions as you progress through the programme.

Awarding body

Ofqual UK recognised body

Fee and payment plans

Duration & course fee

Choose the study mode that fits your schedule and career goals.

Most popular

Standard mode

Study at your own pace with full tutor support

£1500

Complete fee

  • Duration: 15 months
  • Start dates: Flexible start dates
Qualify sooner

Fast track

Intensive schedule, ideal for working professionals

£2200

Complete fee

  • Duration: 10 months
  • Start dates: Fixed cohort intakes

Fees quoted above represent the full programme cost. There are no additional or hidden charges.

Payment plans

10 months @ GBP £2200

  • Payment option (a): GBP £275 x 8 monthly instalments
  • Payment option (b): GBP £1100 x 2 quarterly instalments
  • Payment option (c): GBP £2090 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

15 months @ GBP £1500

  • Payment option (d): GBP £125 x 12 monthly instalments
  • Payment option (e): GBP £500 x 3 quarterly instalments
  • Payment option (f): GBP £750 x 2 half instalments
  • Payment option (g): GBP £1425 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Frequently asked questions

Is this qualification recognised by UK employers?

Yes. The Level 5 Extended Diploma in Accounting and Business is quality-assured through Ofqual UK recognised body and is designed for recognition by UK employers, recruiters, and professional bodies. Qualifications on regulated pathways appear on the Ofqual register where applicable.

Can I study while working full-time?

Yes. Level 5 Extended Diploma in Accounting and Business is delivered fully online with flexible scheduling, assignment-based assessment, and tutor support — making it suitable for learners who are employed full-time.

How is this course assessed?

Assessment is through written assignments and coursework submitted online. There are no written exams. You complete set tasks, submit your work for marking, and receive tutor feedback as you progress.

What are the entry requirements?

Learners who have demonstrated some ability and possess Qualifications at Level 4 or an equivalent international qualification learners may have a first degree in another discipline and want to develop their own business or shift careers work experience in a business environment and demonstrate ambition with clear career goals; Level 5 qualification in another discipline and want to develop their careers in management.

How long does the course take to complete?

Most learners complete the Level 5 Extended Diploma in Accounting and Business in 10 Months, 15 Months. UKSM offers standard and, where available, fast-track study modes so you can choose a pace that fits your schedule.

Who accredits this qualification?

This programme is awarded or validated through Ofqual UK recognised body. UK School of Management (UKSM) delivers the qualification as an approved learning provider listed on the UK Register of Learning Providers (UKPRN: 10101873).

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