Accounting and Finance

University 1st and 2nd Year (Level 4 and 5)


Accounting and Finance L4 L5



The Undergraduate Level 4 (Accounting and Finance) and Level 5 (Extended Diploma in Management) are a 240 credit course designed to fast track students to the final year of an associated Undergraduate degree in Finance and Accounting, which can either be completed at a UK university on campus or via distance learning.

The Level 4 modules and assignments of this course are equivalent to the first year of a University Degree and the Level 5 modules and assignments are equivalent to the second year of a University Degree.

This course is made up of 10 Level 4 modules (120 credits) and 10 level 5 modules (120 credits), each level also includes 10 written assignments. If a student decides to only study at Level 4 they will receive 120 credits and can apply for an exemption from the first year of a university Degree course.

Each module consists of approximately 40 guided learning hours of material with an additional 30-50 hours of optional learning material.These materials comprise recommended exercises, recommended readings and internet resources. A full explanation of how you will be assessed can be found here.


Students can make payment using one of the following methods:
  • Credit or debit card
  • Bank transfer
  • Paypal (preferred method of payment)
All course material, including online modules and written assignments
Personal tutor support with 1-2-1 Skype sessions
Dedicated student support
Assignment marking and feedback

If you decide to top up to a full undergraduate degree through an accredited UK university, the costs are listed below. Please note, the below costs are for distance learning/online only. You have the option of finishing on campus, costs will vary depending on which university you chose to complete the final year at.

Northampton University

  • BA (Hons) in Business and Management Top up
  • BSc (Hons) in International Accounting Top up

University of Derby

  • Undergraduate Top up to BA

University of Worcester

  • BA (Hons) Business Administration Final Year Top up

University of Lincoln

  • BA (Hons) Business Studies Top-Up

University of Portsmouth

  • BA (Hons) Business
  • BA (Hons) Business and Computer Studies
  • BA (Hons) Professional Studies
  • BSc (Hons) Professional Studies
  • BSc (Hons) Engineering and Management Studies
  • BSc (Hons) Engineering Project Management

University of Sunderland – On Campus

  • BA (Hons) Business and Management (Year 3 )

University of Bolton

  • BA (Hons) Top-up, duration 2 semesters

Anglia Ruskin University

  • BSc (Hons) Business Management (Final Year)
  • BA (Hons) Management (Top-Up)

University of West Scotland

  • BA (Hons) International Business & Finance

Edinburgh Napier University

  • BA in Business Management (Top-Up)
  • BA in Business and Enterprise (Top-Up)
  • BA in Sales Management (Top-Up)

University of Lincoln

  • BA Top-up

Buckinghamshire New University

  • BA (Hons) Top-up

Coventry University

  • BA (Hons) Top-up – progression from ATHE Level 5 Extended Diploma in Management

Southern Cross University

  • Bachelor of Business
  • Bachelor of Business Administration
  • Bachelor of Business in Convention and Event Management
  • Bachelor of Business in Hotel Management
  • Bachelor of Business in Tourism and Hospitality Management

University of Nicosia, Cyprus

  • Undergraduate Top up to BA

To enrol onto the level 4 course, you must be at least 18 and have a full secondary education. Before enrolling onto the level 5 course, you must have attained a level 4 or equivalent.

The business environment
Explore issues outside of the business that may affect the business and its operations. Looking into economics, international dimensions, nature and competition.

Managing and using finance
This module covers key areas of accounting, as seen from a business perspective. It explains how accountancy can inform and guide management decisions.

Maximising resources to achieve business success
An organisation that fails to dedicate sufficient attention to its use of resources will prove to be unprofitable over time. By being observant and prudent, any organisation can achieve significant gains from the management of its resources.

Quantitative skills
On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.

Basic accounting
On completion of this module, learners will understand accounts and how they can be used to give insight into the health of the organisation.

Budgetary control
This module aims to explain methods of financial control using budgets. This includes development and implementation of departmental budgets, which are combined to form a master budget.

Financial performance
This module aims to demonstrate how financial performance can be assessed in organisations. This includes the use of financial statements, and accounting standards. It also examines ways for raising finance over different periods of time.

Financial ratios
This module aims to demonstrate the application and meaning of the commonly used financial ratio. This includes examining liquidity, solvency, gearing and profitability.

Financial statements
This module aims to describe the preparation and presentation of the three financial statements. This includes the accounting concepts used.

Further ratios
This module aims to demonstrate how to determine financial efficiency. This includes understanding debt repayment capacity and investment appraisal. Using this knowledge, learners will be able to assess the likely of future financial success.

The entrepreneurial manager
What is an entrepreneur? Examine the skills and qualities of entrepreneurship.

Organisation structures
Why are organisations structured in the way they are? What determines the optimum structure and how does it differ between organisations? In this module, learners will look at the numerous models and theories that make up organisational structure.

Practical accounting analysis
Learners will complete exercises in accounts throughout this module to understand what they are telling us and the actions that analysis can precipitate.

Business planning and goal setting
What is the business trying to achieve? What will it do? How will it do it? This module focuses on the creation of clear goals and clear plans to achieve a clear objective.

Politics and business
Impact of politics on business and how it may help or hinder business. This module will educate learners on economic impact, exports and government support.

Business law
Explore the statutory responsibilities of managers as learners look into the legalities of business and business executives.

Managing in today’s world
Business in the modern world. This module focuses on governance and equality as a means to do right in business.

Performance management
Understanding how your people and your business can continually improve together, learners will review reward structures, CPD, training and development to ensure high performance in business.

Marketing and sales planning
Learners will analyse how markets, customers, competitors and products can come together in a cohesive plan.

Quantitative skills
On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.

Successful completion of the undergraduate level 4 (Accounting and Finance) and level 5 (Extended Diploma in Management) and final year of an accredited undergraduate degree programme will give students the right credentials to go on and apply for a job in marketing, accounting, human resources,management or business consultancy.

Examples of University progression:
Northampton University
University of Derby
University of Worcester
University of Lincoln
University of Portsmouth
University of Sunderland – On Campus
University of Bolton
Anglia Ruskin University
University of West Scotland
Edinburgh Napier University
Buckinghamshire New University
Coventry University
Southern Cross University
University of Nicosia, Cyprus


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