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Introduction

The Ofqual-regulated Level 4 Diploma in Accounting and Finance is a 120-credit certificate that is equivalent to the equivalent to an HNC (Higher National Certificates) qualification and the equivalent to a 1st year of a 3-year bachelor’s program. The goals of this Level 4 Accounting and Business is for students to learn and gain essential knowledge of the chosen subject through a variety of modules that will be included in the course, as the units will provide an in-depth understanding of the topics covered in the Accounting and Business environment such as financial accounting, management and business economics as examples giving them a taste of what is to come from a professional aspect with the practical, industry-focused skills learned in which would be required to run businesses, budgets and playing a major role in the developing growth of business. 

Course structure layout

For this specific level, there will be several mandatory units which will need to be passed in order to gain full qualification and the total amount of hours in terms of TQT (Total Qualification Time) and GLH (Guided Learning Hours) for the course. Below, a brief explanation will be broken down:

  • Total amount of credits: 120
  • Total amount of TQT: 1200 hours
  • Total amount of GLH: 480 hours
  • Mandatory units: 6

Assessment

All diploma programs are Ofqual regulated and verified by the awarding body, students will need to complete and submit all assignments through Turnitin then submit these assignments through the portal. All the units within the module aspect will be assessed and verified by the governing board of this subject based upon the achievements of units passed and specific outcomes which could enhance the information learned.

For example, in order to gain a Pass, the student must have established a basic knowledge towards the subject and what has been taught in terms of demonstrations in either practical or written work that will be requested in the assignment criteria until fulfilled to either the lecturer’s demands or the student willing to upgrade the grade to Merit. After assessment is done, feedback will be given early if submitted before deadline as notes within the feedback will help improve that process.

Examples of University Progression
Arden University
Middlesex University
University of Sunderland
University of Chichester
London Graduate School
Coventry University
University of Portsmouth
Awarding Body
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