Level 7 Diploma in Accounting and Finance (RQF)

Level 7 Diploma in Accounting and Finance is designed to meet senior/middle managers and accountants' needs in running their businesses and facilitating their job progression. This qualification provides you with essential skills in Accounting and Finance needed to enhance your career progression in any public or private sector in the UK or abroad. Learners will gain specialist knowledge and analytical skills in advanced areas of accounting, corporate reporting, strategic finance, investment analysis and auditing.

This postgraduate qualification builds on core theoretical frameworks and focuses on practical applications in a global business environment. The programme is aligned to international accounting standards, corporate governance practices and financial management strategies used across industries. Graduates of this diploma are prepared for senior-level careers in accounting and finance or further study towards a Master’s or MBA degree.

By the end of the programme, learners will be able to:

• Apply advanced accounting principles and financial reporting practices in line with international standards.
• Evaluate global financial environments and formulate strategic responses.
• Analyse and interpret investment opportunities using modern financial theory.
• Critically assess auditing practices and apply them to real-world governance issues.
• Design and conduct independent research in accounting and finance.

International Recognition and Accreditation

Level 7 Diploma in Accounting and Finance is an internationally recognised qualification accredited to Regulated Qualification Framework (RQF) in England at Level 7,  and accredited to European Qualifications Framework (EQF) at Level 7.

• UK Regulated Qualification Framework (RQF) (England) - Level 7
• The qualification Accreditation Number is 603/5882/8 (Link - Ofqual.gov.uk)

At the end of the programme, the learner will be awarded Level 7 Diploma in Accounting and Finance by OTHM Awarding Organisation.

Qualification Structure

The qualification is made up of six mandatory units, each worth 20 credits, for a total of 120 credits:

Unit 1 - Investment Analysis

• Focus on evaluating securities, risk-return principles, and portfolio construction.
• Practical applications of capital market theory in investment decisions.

Unit 2 - Corporate Reporting

• Advanced financial reporting in line with IFRS and UK standards.
• Emphasis on transparency, compliance, and interpretation of published accounts.

Unit 3 - Global Finance and Strategy

• Understanding international finance, foreign exchange markets, and strategic corporate decisions.
• Analysis of globalisation and its impact on financial strategies.

Unit 4 - Strategic Financial Management

• Long-term financial decision-making including capital structure, cost of capital, and dividend policy.
• Advanced techniques for corporate valuation and risk management.

Unit 5 - Strategic Audit

• Theories and practices of auditing at strategic level.
• Evaluation of assurance services, ethical considerations, and corporate governance.

Unit 6 - Business Research Methods

• Development of postgraduate-level research skills.
• Application of research methodologies to solve business and financial problems.

How will you study?

You will study via our Virtual Learning Platform in a flexible way to study entirely online. 

Who is this course for? 

• Aspiring professionals who want to pursue careers in the financial services industry, professional accountancy, banking and finance, or financial management.
• Individuals aiming for senior or strategic roles in accounting, finance, auditing, or financial leadership.
• Learners preparing for high level positions in organisations - both in the public and private sectors, in the UK and internationally.
• Those intending to progress academically to a Master’s degree (with advanced standing toward the dissertation stage) and other postgraduate pathways.

Careers 

The qualification prepares learners for a wide range of roles, including:

• Financial Controller
• Senior Accountant
• Finance Manager
• Investment Analyst
• Strategic Auditor
• Risk Manager
• Corporate Treasurer

University Progression and Exemptions

Upon successful completion of the Level 7 Diploma in Accounting and Finance, learners can progress directly to the dissertation stage with credit exemptions to complete full MSC degree

Progression options include:

Aston University - MSc Professional Accounting & Finance (part/time) (top-up)
Arden University - MSc Accounting and Finance (top-up)
Northumbria University - Accounting and Finance MSc
Ulster University - MBA / Executive MBA
University of Northampton - MSc in Accounting and Finance (top-up)