Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time

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Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time

Overview

The Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time course builds senior financial expertise for UK professionals. This accelerated pathway leads to strategic roles in corporate finance and audit without requiring university attendance.

You study core units including Management Accounting, Financial Reporting, Auditing and Business Strategy. The curriculum covers practical skills essential for modern financial leadership roles.

Level: 5, 6 and 7 RQF
Duration: 24 to 36 months part time
Mode: 100% online self-paced
Entry: A Level 4 qualification

You complete written assignments and case studies rather than sitting formal exams. This assessment method allows deep analysis of complex financial scenarios. You manage your own schedule while receiving expert tutor guidance throughout the process.

Study Structure

This programme is regulated by a UK Ofqual awarding body ensuring quality standards. Experienced tutors provide feedback on your progress and professional development. Graduates often gain ACCA exemptions and progress to roles like Financial Controller or Finance Director. This part time accounting and finance qualification suits career changers and busy finance managers seeking advancement.

Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time course offers a structured route to senior finance roles. Working professionals and career changers use this flexible programme to gain accredited expertise and secure ACCA exemptions efficiently.

LevelLevels 5, 6 and 7 (RQF)
DurationTypically 24 to 36 months part time
Study mode100% online, self-paced with tutor support
AssessmentWritten assignments and case studies; no exams
Entry requirementsA Level 4 qualification or relevant professional experience
Awarding bodyUK Ofqual-regulated awarding organisation

What You Will Learn

This diploma stack builds deep financial knowledge across three critical levels of complexity. You master management accounting, financial reporting and strategic decision-making through practical application. The curriculum aligns with professional accounting standards used across the UK and globally.

You will develop the ability to:

  • Prepare complex financial statements for stakeholders
  • Analyse business performance using ratio analysis
  • Audit internal controls and compliance frameworks
  • Formulate high-level corporate strategy plans
  • Evaluate investment opportunities and capital structure

Course Structure and Modules

The programme progresses logically from operational finance to strategic leadership. Each level unlocks further professional recognition and advanced theoretical understanding. Students study core units that mirror real-world financial challenges in diverse organisations.

Key study areas include:

  • Management Accounting
  • Financial Reporting
  • Auditing
  • Business Strategy

Delivery and Duration

You study entirely online at a pace that fits your professional commitments. Flexible scheduling allows you to balance work, family and study without conflict. Dedicated tutors provide feedback and guidance throughout your academic journey.

You benefit from:

  • Access to digital learning resources
  • Regular tutor feedback loops
  • Peer discussion forums for support
  • Self-paced module completion options

Assessment

Your progress is measured through written assignments and detailed case studies. This approach tests your ability to apply theory to practical business scenarios. There are no formal written exams in this qualification pathway.

Assessment methods include:

  • Critical evaluation of financial data
  • Strategic business plan development
  • Audit report writing exercises
  • Individual written research projects

Entry Requirements

Admissions teams review each application based on academic or professional background. You need a recognised Level 4 qualification or significant relevant work experience. International qualifications are assessed for equivalency before acceptance.

Requirements typically involve:

  • Level 4 academic qualification
  • Relevant professional finance experience
  • Strong written communication skills
  • Basic understanding of accounting principles

Progression

Graduates often progress to senior roles such as Financial Controller or Audit Manager. The Level 7 diploma provides substantial exemptions from ACCA professional papers. Many alumni advance to Finance Director positions within large corporations.

Career paths include:

  • Financial Controller
  • Audit Manager
  • Finance Director
  • Management Accountant

Is this qualification recognised in the UK?

Yes, this programme is awarded by a UK Ofqual-regulated awarding organisation. It meets the regulatory standards for higher education qualifications in England, Wales and Northern Ireland.

Explore further details about module content and tutor support in the sections below.

Where the learning focuses
Relative emphasis across the Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time programme (indicative score out of 100)
Applied practical skills
88
Leadership and communication
88
Core subject knowledge
84
Professional practice
80
Analysis and research
73
Career readiness
73
What graduates typically go on to do
Indicative share of learners by next step after completing the course
Move into a new sector
73%
Further study or research
72%
Start or grow a business
57%
Specialist or consultant role
33%
Progress into a senior role
31%

Figures are indicative and shown for illustration. Source: LSIB course insights.

(50)

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

  • Management Accounting: analyse costs to drive profitable decisions
  • Financial Reporting: prepare statutory accounts for regulatory compliance
  • Business Strategy: align finance plans with corporate objectives
  • Corporate Governance: ensure ethical standards and legal compliance
  • Advanced Auditing: evaluate internal controls and financial risks
  • International Finance: manage currency risks in global markets
  • Performance Management: use KPIs to monitor business health
  • Taxation Principles: apply UK tax rules accurately
  • Research Project: solve complex finance problems independently

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

Fast-Track: 15 months: GBP £2850
Standard mode: 18 months: GBP £2100
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

Fast-Track: 15 months - GBP £2850

● Payment option (a): GBP £237.50 x 12 monthly instalments
● Payment option (b): GBP £950 x 3 quarterly instalments
● Payment option (c): GBP £1425 x 2 half instalments
● Payment option (d): GBP £2707.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Standard mode: 18 months - GBP £2100

● Payment option (a): GBP £150 x 14 monthly instalments
● Payment option (b): GBP £420 x 5 quarterly instalments
● Payment option (c): GBP £700 x 3 half instalments
● Payment option (d): GBP £1995 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Our course fee is up to 40% cheaper than most universities and colleges.

Apply Now

Accreditation

Awarded by an OfQual regulated awarding body

Apply Now

  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

A Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time course prepares you for Finance Manager, Audit Manager and Financial Controller roles. You gain strategic skills for corporate and public sector careers.

Roles you could step into

  • Financial Controller — Oversee financial reporting and budget compliance.
  • Audit Manager — Lead independent audits and risk assessments.
  • Management Accountant — Analyse data for internal decision making.
  • Finance Director — Drive high-level financial strategy and growth.
  • Tax Consultant — Advise clients on complex tax regulations.
  • Financial Analyst — Interpret financial trends to guide investments.

Where you could work

Graduates typically join large corporations, accounting firms, government departments, non-profit organisations and financial services providers. These sectors value rigorous financial oversight and strategic planning skills developed through your studies.

How your career can grow

  • First role: Secure a mid-level finance position.
  • Within a few years: Progress to team leadership roles.
  • Senior level: Aim for Director or C-suite appointments.
  • Further study: Gain ACCA exemptions through recognised credits.

Is this qualification recognised in the UK?

Yes, it is regulated by Ofqual and respected by employers.

Start your journey towards a senior finance career today.

Key facts about Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time

Level 5, 6 and 7 Accounting diplomas offer part time UK online study for finance managers seeking ACCA exemptions and senior career progression.
Course: Level 5, 6 and 7 Accounting and Finance Diplomas part time
Level: UK RQF Levels 5, 6 and 7
Duration: Typically 24 to 36 months
Study mode: 100% online self-paced with tutor support
Assessment: Written assignments and case studies; no exams
Entry requirements: Level 4 qualification or relevant experience
Awarding body: Ofqual-regulated UK awarding organisation
Progression: ACCA exemptions and senior finance roles

Why this course?

The Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time course accelerates your finance career without requiring you to quit work. This Ofqual-regulated qualification delivers RQF Levels 5 to 7 skills through flexible online study, making it the ideal route for UK professionals seeking senior roles.

Progression and Recognition

Why choose this pathway? It aligns directly with ACCA exemptions, reducing the time and cost needed to become a fully chartered accountant. You gain practical expertise in high-demand areas like financial reporting and business strategy.

  • Flexible study — learn online at your own pace with dedicated tutor support
  • Exam-free assessment — demonstrate knowledge through written assignments and case studies
  • ACCA alignment — gain substantial exemptions towards the Association of Chartered Certified Accountants qualification
  • Career acceleration — progress from A Level 4 to senior management roles in finance
  • Expert guidance — receive feedback from industry-experienced tutors throughout your journey
  • Real-world focus — master management accounting, auditing and strategic financial decision-making

Value and Progression

Is Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time worth it? Yes, because it provides a clear, cost-effective route to roles such as Financial Controller, Audit Manager and Finance Director. You build employability skills that employers value in competitive UK markets.

Who should enrol in Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time?

The Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time course targets career changers and finance managers. This programme leads to ACCA exemptions and senior roles.

Who should study Level 5 Diploma in Accounting and Finance + Level 6 Diploma in Accounting and Business + Level 7 Diploma in Accounting and Finance part time

Ideal for professionals in finance, audit, or business management seeking promotion.

  • Accountants aiming for senior finance roles
  • Managers moving into financial control positions
  • Career changers entering the accounting sector
  • Professionals seeking ACCA exemptions and recognition

The programme requires a Level 4 qualification or relevant experience.

Prerequisites and suitability

This course is not for those without prior study or professional background. Verify your fit by checking entry requirements directly.