Level 3
Diploma in Accountancy

• Fully Online Delivery: The program is designed with an automated training model, allowing students to study anywhere using a proprietary pedagogical approach.
• Module Structure: Each module includes 40 hours of guided online learning and 30-50 hours of optional materials (exercises, readings, digital resources, and self-assessment tasks).
• Assignments: Submit three online assignments (2,000–3,000 words each).
• Dual Diplomas: Earn a diploma from the Swiss Information and Management Institute (SIMI) and an OTHM diploma accredited by the Ofqual UK Government.
• Career & Academic Pathways: Aligns with Level 3 EQF career pathways Accounting and Finance and can be topped up to a bachelor’s degree at universities across Europe and the UK.
• Professional Certification: Accumulate three Level 3 Professional Certificates to demonstrate competency in the workplace.

Modules:

1. Recording Financial Transactions (R/617/3339): This course is worth 20 UK Credits/10 ECTS Credits
   • Learn to record financial transactions accurately using source documents.
   • Understand how income and expenditure are classified and managed.
2. Management Information (L/617/3338): This course is worth 20 UK Credits/10 ECTS Credits
   • Develop awareness of cost and management accounting.
   • Explore the purpose and use of ICT in recording management information, including its advantages and disadvantages.
3. Maintaining Financial Records (J/617/3337): This course is worth 20 UK Credits/10 ECTS Credits
   • Understand the importance of maintaining financial records.
   • Learn the double-entry bookkeeping system, three-column cash books, and bank reconciliation statements.

Assignments:

• Complete 3 written assignments (2,000–3,000 words each) based on the module titles.

The program is implemented using a combined automated training model that includes:

1. Optimized Online Learning System: Designed to enhance the self-study process.
2. Bite-Sized Lectures: Lessons are structured in short, manageable modules, enabling students to grasp the content immediately after completing each module.
3. Comprehensive Support System: Provides students with the necessary tools and support to efficiently fulfill course requirements.

Admission Requirements for Level 3 Program:

1. Age Requirement: Applicants must be at least 16 years old.
2. Education: Completion of full secondary education is required.
3. English Language Proficiency:
   • Applicants must demonstrate English language skills equivalent to:
     • IELTS: Overall score of 5.5, with Reading and Writing at 5.5.
     • CEFR: Level B2.
     • Pearson Test of English Academic (PTE Academic): Score of 51.

Students can choose to pursue a single diploma program from SIMI Swiss or the Ofqual UK Government awarding body, or opt for a dual diploma from both systems. Tuition fees can be paid in 3 installments or 12 installments, with details provided in the Tuition Fee section below.

Students can make payment using one of the following methods:

• Bank transfer to the Swiss Information and Management Institute, the owner of Polytechnic Institute of Switzerland.
• Credit or debit card
• PayPal
• Western Union

The program aligns with the Level 3 EQF competency framework, equivalent to 60 UK credits/30 ECTS credits, and is recognized in most countries and territories, ensuring immediate employability.

• Learn more about What is Level 3 EQF.
• Discover more about the Accounting and Finance career.

Upon completing this course, students can choose to pursue a Level 4/5 Diploma at the Polytechnic Institute of Switzerland or a Bachelor's Program at the Swiss Information and Management Institute (SIMI). Additionally, students will have the opportunity to apply for admission to a full BA degree program at a range of universities in the EU and the UK.

The Ofqual UK.Gov Awarding Body OTHM

• Recognized as an organization by the educational authority of the United Kingdom, Ofqual (UK.Gov). Recognition Number: RN5284. Refer to the recognition information CLICK HERE
• OTHM Level 3 Foundation Diploma in Accountancy is accredited with the Ofqual UK.Gov code 603/3811/8. Refer to the accreditation information CLICK HERE

Reference:

The Swiss Information and Management Institute (SIMI) is the owner of the Polytechnic Institute of Switzerland (PIS), which is the first higher education institute in Zug, Switzerland. SIMI Swiss also holds international accreditation at all levels:

• Accredited by the Accreditation Service for International Schools, Colleges and Universities (ASIC) at the highest level (Premier Institution); Read more [HERE]
• A full member of SVEB (Swiss Federation for Adult Learning); Read more [HERE]
• Accreditation of the management system compatible with the European Quality Assurance Framework for Vocational Education and Training (EQAVET) and Standards and Guidelines for Quality Assurance in the European Higher Education Area, awarded by the HEAD – Higher Education Accreditation Division;  Read more [HERE]
• Achieve ISO 21001:2018, complying with the European Quality Assurance Framework for Vocational Education and Training (EQAVET) and the Quality Assurance in the Higher Education Area Requirements (EGS); Read more [HERE]
• Programs is recognized by Ofqual UK.Gov Awarding Bodies; OTHM Read more [HERE]; Qualifi Read more [HERE]
• Learning outcomes are mapped to the UK national occupational standards. Read more [HERE]

Reference:

• Guidelines of how to check the accreditation of SIMI Swiss: CLICK HERE
• All the Quality Assurance and Quality Control (QAQC) of SIMI Swiss: CLICK HERE