Qualifi Level 7 Diploma in Accounting and Finance

Qualifi : Awarding Body

Average Completion Time:
6-12 Months

Course Level: 7

Study Method: Online

Study Units:6 Units

Assessment Based

The Qualifi Level 7 Diploma in Accounting and Finance is a specialized postgraduate qualification designed to elevate your skills and knowledge in the dynamic world of accounting and finance. Whether you are aiming for career progression or preparing for senior roles in financial management, this course equips you with the expertise needed to succeed in today’s competitive financial landscape.

The Qualifi Level 7 Diploma in Accounting and Finance is aimed at individuals seeking to enhance their understanding of advanced financial concepts, improve strategic decision-making, and gain deeper insights into accounting practices. This course offers a comprehensive exploration of financial management, accounting principles, taxation, and financial reporting.

Designed to provide a practical understanding of accounting and finance, the qualification is ideal for professionals in finance or related sectors looking to develop their skills and knowledge to a higher level. It also serves as a solid foundation for those pursuing CIMA, ACCA, or ACA qualifications.

The Qualifi Level 7 Diploma in Accounting and Finance is an excellent choice for professionals looking to enhance their financial expertise, take on more senior roles, and expand their career opportunities within the finance and accounting sectors. Whether you’re already working in finance or looking to switch to the field, this qualification will provide the knowledge and skills needed to succeed in today’s competitive business environment.

Entry Requirements

The Qualifi Level 7 Diploma in Accounting and Finance is designed for individuals who have met specific academic qualifications. The entry requirements ensure that students are well-prepared to tackle the challenges of advanced financial studies. Key requirements include:
Level 6 Qualification: Applicants should hold a Level 6 qualification, which is typically equivalent to a bachelor’s degree. This includes undergraduate degrees in business, finance, accounting, or related fields.
First Degree: Alternatively, candidates who have completed a first degree (typically a Bachelor’s degree) from a recognized university or institution are also eligible for enrollment.
Relevant Work Experience: In some cases, relevant work experience in finance or accounting may be considered if an applicant does not meet the formal academic requirements. This could include experience in roles such as accountant, financial analyst, or finance manager.
Other Qualifications: Applicants with other equivalent qualifications or professional certifications (such as ACCA, CIMA, or AAT) may also be considered for entry, provided their previous studies or experience align with the demands of the course.
Interview or Additional Assessment: Depending on the applicant’s qualifications and experience, an interview or assessment may be required to assess their readiness for the program.
These flexible entry requirements ensure accessibility to a wide range of candidates, supporting diverse career backgrounds and academic paths.

Qualification structure

The Qualifi Level 7 Diploma in Accounting and Finance qualification consists of 6 mandatory units of 120 credits for the completed qualification.

Mandatory Units

Sr#	Unit Title
1	Strategy and Global Finance
2	Strategic Financial Management
3	Strategic Auditing
4	Ethical Behaviour and Corporate Governance
5	Corporate Reporting
6	Financial Analyst

Who is this Course For

The Qualifi Level 7 Diploma in Accounting and Finance is designed for professionals looking to advance their careers in accounting, finance, or related sectors. This qualification is ideal for:
Finance and Accounting Professionals: Individuals already working in finance or accounting roles who want to enhance their expertise in advanced financial management, reporting, and strategic decision-making.
Aspiring Senior Finance Managers: Those aiming for senior management positions such as Financial Manager, Finance Director, Chief Financial Officer (CFO), or Head of Finance, looking to formalize and deepen their knowledge.
Accountants: Professionals holding an accounting qualification (e.g., AAT, ACCA) who wish to gain advanced skills and prepare for higher-level roles in corporate finance, tax, or auditing.
Tax Consultants and Advisors: Individuals working in taxation who want to enhance their knowledge of corporate tax, compliance, and tax planning strategies.
Business Owners and Entrepreneurs: Entrepreneurs who want to gain comprehensive financial skills to manage business finances, create strategic plans, and ensure long-term financial stability.
Professionals Seeking Career Transition: Those with a background in business or other fields who wish to transition into accounting or financial management roles.
Graduates: Recent graduates with a Level 6 qualification (e.g., a first degree) who wish to specialize in finance and accounting and take on leadership roles.

Future Progression

Completing the Qualifi Level 7 Diploma in Accounting and Finance opens up numerous career advancement opportunities and further study options. Here are the key progression routes after completing the qualification:
Advanced Academic Qualifications:
Progress to Master’s degrees (such as an MBA, MSc in Finance, or MSc in Accounting) to deepen your expertise in finance and business management.
Pursue professional accounting qualifications like ACCA, CIMA, or ACA to further enhance your credentials and become a certified accountant.
Senior Financial Management Roles:
Transition into high-level roles such as Financial Manager, Finance Director, or Chief Financial Officer (CFO) within organizations, leading financial strategy and decision-making.
Take on strategic leadership positions such as Financial Controller, Head of Finance, or Chief Risk Officer.
Specialized Career Paths:
Work as a Tax Consultant, Auditor, or Forensic Accountant, specializing in complex areas like tax planning, auditing, and financial investigations.
Consider consulting or advisory roles, where you can guide organizations on financial strategy, risk management, and corporate governance.
Global Career Opportunities:
The qualification’s international recognition makes you eligible for high-level positions in global finance markets, multinational corporations, or international accounting firms.
Entrepreneurship:
Use your financial expertise to start your own business or consultancy, offering accounting, financial management, or tax advisory services.

The Qualification Process

The qualification process for the Qualifi Level 7 Diploma in Accounting and Finance
involves several key steps designed to ensure that candidates gain the necessary skills and knowledge to succeed in health and safety roles. Here’s an overview of the process:

Continuing Professional Development (CPD): After obtaining the qualification, individuals are encouraged to engage in ongoing professional development to stay updated with changes in legislation and best practices in health and safety.

Eligibility Check: Before enrollment, candidates should ensure they meet the entry requirements, including age, relevant experience, and a basic understanding of health and safety principles.

Enrollment: Candidates can enroll through an accredited training provider. During this stage, they may need to complete an application form and provide evidence of their qualifications and experience.

Initial Assessment: Many training providers conduct an initial assessment to gauge the candidate’s existing knowledge and skills. This helps tailor the learning experience to better suit individual needs.

Learning and Development: Participants engage in the course, which typically includes a mix of theoretical learning and practical assessments. Candidates will study various topics, such as health and safety legislation, risk assessment, and safety management systems.

Workplace Evidence Collection: A significant aspect of the NVQ qualification involves gathering evidence from the workplace. Candidates are required to demonstrate their competence by completing tasks related to their job roles, such as conducting risk assessments or implementing safety procedures.

Assessment: Throughout the course, candidates will undergo various assessments to evaluate their understanding and application of the material. This may include practical assessments, written assignments, and project work.

Portfolio Submission: Candidates compile a portfolio of evidence that showcases their learning and practical application of health and safety practices. This portfolio is submitted for review as part of the assessment process.

Final Evaluation: Once the portfolio and assessments are complete, a qualified assessor reviews the submitted work. They evaluate whether the candidate meets the required standards for the qualification.

Certification: Upon successful completion of all assessments and submission of the portfolio, candidates are awarded the Qualifi Level 7 Diploma in Accounting and Finance
This certification is recognized nationally and signifies a competent understanding of health and safety principles.

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Have Queries? Find Solutions Here

The Qualifi Level 7 Diploma in Accounting and Finance is a postgraduate-level qualification designed to advance your skills and knowledge in financial management, accounting, taxation, financial reporting, and strategic decision-making. It’s ideal for professionals looking to progress in their careers within the finance and accounting sectors.

The Qualifi Level 7 Diploma in Accounting and Finance is typically delivered through online or blended learning, allowing flexibility for working professionals. This format includes access to course materials, video lessons, assignments, and online discussions.

The course can be completed in 6 to 12 months, depending on whether you choose to study full-time or part-time. The flexible delivery model allows students to balance studies with their professional commitments.

The course covers essential topics in accounting, financial management, taxation, corporate governance, risk management, auditing, and financial reporting. You’ll gain skills in analyzing financial data, making strategic decisions, and ensuring compliance with financial regulations.

Assessment is typically through a combination of assignments, case studies, and exams. The course is designed to test both theoretical knowledge and practical application of financial concepts.

Yes, the Qualifi Level 7 Diploma in Accounting and Finance is internationally recognized and provides valuable credentials for those seeking roles in finance, accounting, and business management globally.

Applicants are generally required to have:

A Level 6 qualification (e.g., a bachelor’s degree) in finance, accounting, or a related field, or
Relevant work experience in finance or business management.

In some cases, applicants with extensive professional experience but lacking formal qualifications may be considered based on an interview or assessment

Yes, after completing the Level 7 Diploma, you can pursue further qualifications such as an MBA, MSc in Finance, or professional certifications like ACCA, CIMA, or ACA to further specialize in finance or accounting.

You can apply online through the course provider’s website. The application process typically requires you to submit proof of your academic qualifications, work experience (if applicable), and references. Some providers may also conduct an interview as part of the application process.

The Global Training and Certification Service (TGTCS) Is Associate Training partner of Inspire College of Technologies (ICTQual UK) . TGTCS is offering all Qualifi qualifications in association with ICTQual.