OTHM Level 3 Foundation Diploma in Accountancy

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International Students can apply

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OTHM Level 3 Foundation Diploma in Accountancy

Overview

The OTHM Level 3 Foundation Diploma in Accountancy is designed for individuals seeking a solid foundation in accounting principles and practices. This qualification is ideal for aspiring accountants, finance professionals, and business students looking to kickstart their career in the field of accountancy.


Through a comprehensive curriculum, students will gain essential knowledge in financial accounting, management accounting, and business mathematics. They will also develop key skills in financial reporting, budgeting, and analysis.


Take the first step towards a successful career in accountancy with OTHM Level 3 Foundation Diploma in Accountancy!

Embark on a rewarding journey in the world of finance with the OTHM Level 3 Foundation Diploma in Accountancy. This comprehensive course equips you with essential skills in financial management, taxation, and auditing, setting a strong foundation for a successful career in accounting. Gain practical knowledge through real-world case studies and hands-on training, preparing you for the challenges of the industry. Upon completion, you can pursue roles as an accountant, auditor, or financial analyst, with ample opportunities for career growth and advancement. Stand out in the competitive job market with this accredited qualification that demonstrates your expertise in accounting principles and practices. (91)

Entry requirements

Educational Background:

  • Previous Qualification: Applicants should have successfully completed a Level 2 qualification (e.g., GCSEs, Level 2 Certificate, Diploma) or hold an equivalent credential. Higher qualifications are also accepted.

    OR
  • Relevant Experience: Candidates with over 1 year of professional experience in their respective industry are encouraged to apply, as their practical knowledge is highly valued.

Age Requirement:

  • Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those with some professional experience in advancing their careers.


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

• Financial Accounting
• Management Accounting
• Business Economics
• Business Mathematics
• Business Communication
• Principles of Marketing
• Business Law
• Organisational Behaviour
• Business Ethics

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:

6 months: GBP £1250
9 months: GBP £950
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

6 months - GBP £1250

● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months - GBP £950

● Payment option (c): GBP £190 x 5 monthly instalments
● Payment option (d): GBP £475 x 2 quarterly instalments
● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

40% Cheaper

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

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Accreditation

 OTHM, UK - an Awarding body by the UK Government’s regulator - OfQual.

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  • 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

Accounting Assistant Assist in preparing financial statements, maintaining records, and processing invoices.
Junior Auditor Conduct audits to ensure compliance with regulations and identify financial discrepancies.
Tax Preparer Prepare and file tax returns for individuals and businesses, ensuring compliance with tax laws.
Financial Analyst Analyze financial data, trends, and performance to provide insights for decision-making.
Payroll Administrator Manage payroll processes, including calculating wages, deductions, and ensuring timely payments.

Key facts about OTHM Level 3 Foundation Diploma in Accountancy

The OTHM Level 3 Foundation Diploma in Accountancy is designed to provide students with a solid foundation in accounting principles and practices. The course covers topics such as financial accounting, management accounting, and business mathematics, equipping students with the necessary skills to pursue a career in the field of accountancy.
Upon completion of the program, students will be able to prepare financial statements, analyze financial data, and make informed business decisions based on accounting information. They will also develop critical thinking and problem-solving skills that are essential for success in the accounting profession.
The duration of the OTHM Level 3 Foundation Diploma in Accountancy is typically one year, with students completing a total of 120 credits. The course is delivered through a combination of lectures, tutorials, and practical exercises, allowing students to apply their knowledge in real-world scenarios.
The qualification is recognized by employers in the accounting industry, making graduates of the program highly sought after. With the skills and knowledge gained from the course, students can pursue various career opportunities in accounting firms, financial institutions, and other organizations that require accounting expertise.

Why this course?

The OTHM Level 3 Foundation Diploma in Accountancy holds significant importance in today's market, especially in the UK where the demand for skilled accountants is on the rise. According to recent statistics, the UK accounting sector is expected to grow by 10% in the next five years, creating over 50,000 new job opportunities. This growth is fueled by the increasing complexity of financial regulations, the rise of digital technologies, and the need for accurate financial reporting. The OTHM Level 3 Foundation Diploma in Accountancy equips learners with essential skills and knowledge required to excel in the accounting field. From understanding financial statements to mastering tax laws and regulations, this diploma provides a solid foundation for aspiring accountants. Employers in the UK are actively seeking candidates with relevant qualifications and practical experience, making this diploma a valuable asset for individuals looking to kickstart their career in accounting. By completing the OTHM Level 3 Foundation Diploma in Accountancy, learners can enhance their employability, increase their earning potential, and stay competitive in the ever-evolving accounting industry. With a strong focus on practical skills and industry-relevant knowledge, this diploma prepares individuals to meet the demands of today's market and excel in their accounting careers.
UK Accounting Sector Growth 10%
New Job Opportunities 50,000

Who should enrol in OTHM Level 3 Foundation Diploma in Accountancy?

The ideal audience for the OTHM Level 3 Foundation Diploma in Accountancy are individuals who are looking to kickstart their career in accounting. This diploma is perfect for school leavers, career changers, or those seeking to upskill in the finance sector.

According to recent statistics, the demand for accountants in the UK is on the rise, with an estimated 1.5 million accountants currently employed in various industries. This diploma provides a solid foundation in accounting principles, preparing students for entry-level roles in the field.

Whether you are a recent graduate or someone looking to switch careers, the OTHM Level 3 Foundation Diploma in Accountancy offers the necessary skills and knowledge to succeed in the competitive world of finance.