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Frec 5 cost diploma

Course title: 

Frec 5 cost diploma


Course code:  F5CDF5C-ST/6

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About Frec 5 cost diploma

Embark on a transformative journey with our Frec 5 Cost Diploma program. Dive deep into the world of cost management and financial analysis, equipping yourself with the skills and knowledge needed to excel in today's competitive business landscape. Our comprehensive curriculum covers a range of topics, from budgeting and forecasting to cost control and variance analysis. Taught by industry experts, this program offers a blend of theoretical learning and practical application, ensuring you are well-prepared for real-world challenges. Join us and take the next step towards a successful career in finance. Enroll now and unlock your potential!

Career positions & opportunities
Career Role Estimated Salary (£)
Cost Accountant £30,000 - £50,000
Cost Analyst £25,000 - £40,000
Cost Estimator £20,000 - £35,000
Cost Controller £35,000 - £60,000
* Disclaimer: Salary figures provided are for informational purposes only and may vary depending on factors such as experience, location, and industry standards. Actual salaries may differ from the figures displayed here. It is recommended to conduct additional research and consult with relevant professionals before making any career-related decisions based on the information provided.

Duration

The programme is available in 2 duration modes:

    • 6 months
    • 9 months
Entry requirements

In order to apply you should have either:

    • This qualification is designed for learners who are typically aged 18 and above. OR;
Course content
    ● Financial Management
    ● Cost Accounting
    ● Business Law and Ethics
    ● Managerial Economics
    ● Strategic Management
    ● Business Communication
    ● Operations Management
    ● Business Research Methods
    ● Entrepreneurship and Innovation
    ● Project Management
Assessment

Assessment is via assignment submission

Fee structure

The fee for the programme is as follows:

    • 6 months - Accelerated mode @ GBP £1250
    • 9 months - Standard mode @ GBP £950
Fee payment plans

The programme offers following fee payment plans:

    6 months programme
    ● Payment option (a): GBP £416 x 3 monthly instalments
    ● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

    9 months programme
    ● Payment option (c): GBP £190 x 5 monthly instalments
    ● Payment option (d): GBP £475 x 2 quarterly instalments
    ● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
Accreditation

The qualification is delivered by London School of International Business (LSIB) and it is awarded by an ofqual-regulated awarding body.

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Target Audience Percentage
Students pursuing a career in finance 40%
Professionals looking to enhance their knowledge in cost accounting 30%
Business owners seeking to improve cost management in their organizations 20%
Individuals interested in pursuing a career in management accounting 10%
Key facts
● The Frec 5 Cost Diploma is a comprehensive course designed to equip students with advanced knowledge and skills in cost management and analysis.
● Upon completion of the course, students will be able to effectively analyze costs, develop cost management strategies, and make informed decisions to optimize financial performance.
● The curriculum is carefully crafted to meet the demands of the industry, ensuring that graduates are well-prepared to excel in various roles related to cost management in both public and private sectors.
● The course covers a wide range of topics including cost estimation, cost control, budgeting, variance analysis, and cost-volume-profit analysis, providing students with a solid foundation in cost accounting principles.
● One of the unique features of the Frec 5 Cost Diploma is its practical approach, which includes case studies, simulations, and real-world projects to help students apply their knowledge in a hands-on setting.
● The course is taught by industry experts with years of experience in cost management, ensuring that students receive relevant and up-to-date information that is directly applicable to their future careers.
● Graduates of the Frec 5 Cost Diploma can expect to pursue careers as cost accountants, financial analysts, budget analysts, or management accountants, among other roles in the field of finance and accounting.

Why this course?

Unlock new career opportunities with the Frec 5 Cost Diploma. This course equips you with essential skills in cost management, giving you a competitive edge in the job market. By mastering cost analysis and control techniques, you can drive business growth and profitability. Employers value professionals who can effectively manage expenses and maximize resources. Stand out from the crowd and position yourself for career advancement by enrolling in this comprehensive program. Invest in your future success today!


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