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PRIVATE COURSE

  • 365 Days
  • Course Certificate
  • Awarded by 'ABC Awards'
  • 80Guided Learning Hours
  • Course Material
  • 08 Number of Modules
  • Assessment Included
  • Course Code QLS-4527

What Will I Learn?

Gain a clear understanding of your job role in cost analysis and what it entails within a working environment.
Become an expert at identifying cost behaviour and cost behaviour analysis.
Learn about breaking even and target incomes.
Learn techniques to measure profitability.
Learn how to calculate overall costs in any given situation.
Gain an understanding of cost analysis and return on investment.

Overview

Do you want to learn about cost behaviour analysis? The Diploma in Cost Analysis – Level 3 course will go in-depth and give learners a comprehensive understanding of how to apply cost analysis techniques within their daily tasks. It is a systematic approach to calculating and comparing the costs of an action in a given situation. Businesses use cost benefit analysis to analyse decisions. It is the process of estimating all possible costs involved and the profits that are derived from these decisions.

The course offers learners an overview of break even and target income, cost behaviour and cost behaviour analysis and sensitivity analysis. It is an in-depth course that offers learners a comprehensive look at cost analysis and how the strategies can be applied within their work environment.

The Diploma in Cost Analysis – Level 3 course will give insight into the decision-making tools to prioritise and evaluate resources required on cost estimates and the expected return on investment. Become competent in cost analysis and cost analysis behaviour and take your skills to the next level. It is an accredited course that is internationally recognised and will give learners the opportunity to grow in their career.

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

Why study at Global Edulink?

Global Edulink offers the most convenient path to gain recognised skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Who is this Course aimed at?
  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Students in the Accounting field
Entry Requirement
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A recognised qualification at level 2 or above in any discipline.
Method of Assessment

In order to complete the Diploma in Cost Analysis – Level 3 successfully and gain your professional qualification, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

Certification

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Course Code: QLS-4527

Awarding Body

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

Progression and Career Path

 

Once you successfully completed the Level 3 Diploma in Cost Analysis you will gain an accredited qualification that will give your career the jumpstart you have always wanted. With this qualification you can further expand your education or go onto work in numerous positions that will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com is given below.

  • Accountant – £28,498 per annum
  • Cost Analyst – £24,368 per annum
  • Accounts Assistant – £18,806 per annum
  • Accounts Executive – £22,224 per annum
  • Staff Accountant – £24,115 per annum

Others jobs you can get

  • Accounting Assistant
  • Accounting Clerk
  • Accounts Payable Clerk
Common Career Paths For Accountant
  
Other Benefits
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Gain access to quality video tutorials
  • Unlimited 12 months access from anywhere, anytime
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a NUS discount card
  • Free Career Support Service
  • 25% Discount on personal Statement and covering letter writing service
  • Free Access to Over 150 courses for 2 days (48 hours)
  • Free access to course before you purchase (For selected courses only)

 

 

Course Curriculum

1: cost behaviour
Cost Behaviour 00:00:00
2: cost behaviour analysis
Cost Behaviour Analysis 00:00:00
3: break even and target income 1
Break Even And Target Income 1 00:00:00
☑ assignment
Assignment Brief I – Cost Analysis Level 3 00:00:00
☑ submit your assignment
4: break even and target income 2
Break Even And Target Income 2 00:00:00
5: sensitivity analysis 1
Sensitivity Analysis 1 00:00:00
6: sensitivity analysis 2
Sensitivity Analysis 2 00:00:00
☑ assignment
Assignment Brief II – Cost Analysis Level 3 00:00:00
☑ submit your assignment
7: cvp for multiple products
CVP For Multiple Products 00:00:00
8: assumptions of cvp
Assumptions Of CVP 00:00:00
☑ assignment
Assignment Brief III – Cost Analysis Level 3 00:00:00
☑ submit your assignment
PRIVATE
PRIVATE COURSE

  • 365 Days
  • Course Certificate
  • Awarded by 'ABC Awards'
  • 80Guided Learning Hours
  • Course Material
  • 08 Number of Modules
  • Assessment Included
  • Course Code QLS-4527

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cv All students enrolled with Global Edulink are entitled to a CV Writing and Interview Skills Pack, which includes CV templates, cover letter guidance, and advice for interviews. MORE INFO
cv If you need career support Global Edulink is here for you. We provide excellent career support through our Career Support Service.
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TOTUM Card

NUS Extra Card Every student of Global Edulink is eligible to apply for a TOTUM card powered byNUS Extra, allowing you to enjoy great saving by top brands on the high-street and online.

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