Level 7 BSc (Hons) Management Accounting

Request more information Apply Now

Level 7 BSc (Hons) Management Accounting

Management Accounting is a vital component of business decision-making, providing insights into an organization's financial performance and guiding strategic choices.

Designed for students seeking a career in management accounting, this Level 7 BSc (Hons) degree equips learners with the skills and knowledge to analyze financial data, develop management accounting systems, and drive business growth.

Through a combination of theoretical foundations and practical applications, students will explore topics such as financial reporting, budgeting, and performance measurement, as well as the role of management accounting in driving organizational success.

Whether you're looking to advance your career or transition into a new field, this degree will provide you with the expertise and confidence to succeed in management accounting.

Explore the world of management accounting and discover how you can make a real impact on business performance. Apply now to take the first step towards a rewarding career in management accounting.

Management Accounting is at the heart of this Level 7 BSc (Hons) course, equipping you with the skills to drive business success. By mastering key concepts such as financial analysis, budgeting, and performance measurement, you'll gain a deep understanding of how to add value to organizations. With a strong focus on practical application, you'll develop expertise in financial reporting, decision-making, and strategic planning. Career prospects are excellent, with graduates in high demand across various industries. Unique features include a choice of specialisms, such as finance and investment, and a chance to work on real-world projects with industry partners.



Benefits of studying Level 7 BSc (Hons) Management Accounting

Management Accounting plays a vital role in today's market, particularly in the UK. The demand for skilled management accountants is high, with the Institute of Chartered Accountants in England and Wales (ICAEW) reporting a 10% increase in demand for management accountants in 2020.

Year Number of Management Accountants
2020 34,400
2019 31,200
2018 28,800
According to a report by the Chartered Institute of Management Accountants (CIMA), the demand for management accountants is expected to grow by 10% by 2025, driven by the increasing need for businesses to make data-driven decisions. The Level 7 BSc (Hons) Management Accounting degree provides learners with the skills and knowledge required to succeed in this field, including financial analysis, budgeting, and performance management. With the increasing use of data analytics and artificial intelligence, management accountants are in high demand, and this degree provides learners with the skills to stay ahead of the curve.

Career path

Learn keyfacts about Level 7 BSc (Hons) Management Accounting

The Level 7 BSc (Hons) Management Accounting is a postgraduate degree that focuses on the application of accounting principles to drive business success. This course is designed for individuals who want to develop advanced knowledge and skills in management accounting, including financial management, cost accounting, and performance measurement.

Learning outcomes of the course include the ability to analyze complex financial data, develop and implement effective management accounting systems, and make informed decisions that drive business growth. Students will also gain expertise in areas such as financial planning, budgeting, and forecasting, as well as the ability to communicate complex financial information to non-financial stakeholders.

The duration of the course is typically one year full-time, although part-time students may take up to two years to complete the degree. The course is designed to be flexible and accommodating, with a range of study modes and learning styles to suit different learners.

The Level 7 BSc (Hons) Management Accounting is highly relevant to the industry, with many employers seeking graduates with advanced knowledge and skills in management accounting. The course is designed to equip students with the skills and knowledge required to succeed in senior management roles, including financial management, strategy development, and performance measurement.

Graduates of the course can expect to pursue careers in senior management roles, such as financial director, controller, or chief financial officer. They may also work in industries such as finance, industry, and public sector, where management accounting skills are highly valued.

The course is taught by experienced academics with industry experience, and students have access to a range of resources, including state-of-the-art facilities, online learning platforms, and industry connections. The course is also accredited by relevant professional bodies, such as the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA).

Who is Level 7 BSc (Hons) Management Accounting for?

Ideal Audience for Level 7 BSc (Hons) Management Accounting

Management accounting is a vital skill for aspiring finance professionals, particularly those in the UK, where the profession is in high demand.

According to the Institute of Chartered Accountants in England and Wales (ICAEW), the demand for management accountants is expected to increase by 10% by 2025, driven by the need for businesses to make informed decisions.

Our Level 7 BSc (Hons) Management Accounting degree is designed for individuals who want to develop a deep understanding of management accounting principles and practices, with a focus on strategic decision-making and business performance analysis.

Typically, our ideal students are career changers or those looking to progress in their current roles, with a strong interest in finance, accounting, or business. They may have a background in a related field, such as business, economics, or finance, and are eager to develop their management accounting skills.

Our students come from a variety of backgrounds, including those in the public, private, and non-profit sectors, and are motivated by the desire to enhance their career prospects and contribute to the success of their organizations.

Request free information

Captcha: What is 9+7 ?


The fastest way to get answers from us.

Course content


Financial Reporting and Analysis: This unit focuses on the preparation and interpretation of financial statements, including balance sheets, income statements, and cash flow statements. It also covers financial ratio analysis and trend analysis. •
Cost Accounting: This unit explores the principles and practices of cost accounting, including cost classification, cost estimation, and cost control. It also covers the application of cost accounting in different industries. •
Management Accounting: This unit introduces the fundamental concepts and techniques of management accounting, including financial reporting, budgeting, and performance measurement. It also covers the role of management accounting in decision-making. •
Financial Management: This unit covers the principles and practices of financial management, including financial planning, budgeting, and financial control. It also explores the role of financial management in achieving organizational objectives. •
Strategic Management Accounting: This unit applies management accounting techniques to support strategic decision-making, including the use of financial ratios, benchmarking, and performance measurement. It also covers the role of management accounting in driving organizational change. •
International Financial Management: This unit explores the principles and practices of international financial management, including foreign exchange management, transfer pricing, and cross-border investments. It also covers the impact of globalization on financial management. •
Business Finance: This unit covers the principles and practices of business finance, including financial planning, budgeting, and financial control. It also explores the role of finance in achieving organizational objectives. •
Entrepreneurship and Small Business Management: This unit introduces the principles and practices of entrepreneurship and small business management, including business planning, finance, and marketing. It also covers the challenges and opportunities faced by small businesses. •
Business Law and Ethics: This unit explores the legal and ethical issues faced by businesses, including contract law, employment law, and corporate governance. It also covers the importance of ethics in business decision-making. •
Organizational Behaviour and Human Resource Management: This unit introduces the principles and practices of organizational behaviour and human resource management, including leadership, motivation, and team management. It also covers the role of HRM in achieving organizational objectives.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


Duration


Course fee

The fee for the programme is as follows:

-
- * 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

-


-

Accreditation

Discover further details about the Level 7 BSc (Hons) Management Accounting

Why choose LSPM ?

  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

Getting started

earth

To start your course, click the button Apply Now

Select the course and fill your personal details

bubble-text

Use your credit/Debit card and pay enrolment fee

Enter the required details

network

Start your course

View course details, upload / download assignments, view payment history etc.

Apply Now



present_to_all   PURSUE YOUR DREAMS - GAIN A RESPECTED QUALIFICATION STUDYING ONLINE

The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

Request more information

Please fill the form below to get instant information from LSPM

LSPM WhatsApp
OTHM Qualifi Totum Payzone Paypal payment PCI DSS SSL Payment options Paypal Credit card