Diploma in Cost Analysis at QLS Level 3

Access Duration - 365 Days
Awarded By Endorsed by "Quality Licence Scheme"
Guided Learning Hour 80 Guided Learning Hours (80)
Course Material Course Material
Number of Modules 08 Number of Modules 08
Assessment Included Assessment Included
4.5( 4 REVIEWS )

Endorsed by

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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.


Do you want to learn about cost behaviour analysis? The Diploma in Cost Analysis at QLS 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 at QLS 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.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. 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 completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. 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 Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why Choose Global Edulink?

Global Edulink offers the most convenient path to gain 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.

Who is this Course aimed at?

  • Accounts Officer
  • Management Accountant, Accounts Executive
  • Students in the Accounting field
  • Access Duration
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path  
  • Other Benefits

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.

  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 2 or above in any discipline.

In order to complete the Diploma in Cost Analysis at QLS Level 3 successfully, 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.

While the submission of your assignment is compulsory for you to get your Quality Licence Scheme certification, you can also receive another CPD & iAP, free e-certificate if you take a 20 multiple choice exam.

Those who successfully complete the course will be issued the Diploma in Cost Analysis at QLS Level 3 by the Quality Licence Scheme.

Course Code: QLS-4527

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Once you successfully completed the Diploma in Cost Analysis at QLS Level 3, you will gain knowledge and skills that will give your career the jumpstart you have always wanted. With this completion 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/career-path-planner 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
  • 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
  • Unlimited 12 months access from anywhere, anytime
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for  TOTUM discount card

Course Curriculum

1: Cost Behaviour
Cost Behaviour
2: Cost Behaviour Analysis
Cost Behaviour Analysis
3: Break Even and Target Income 1
Break Even And Target Income 1
☑ Assignment
Assignment Brief I -Diploma in Cost Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission I – Diploma in Cost Analysis at QLS Level 3
4: Break Even and Target Income 2
Break Even And Target Income 2
5: Sensitivity Analysis 1
Sensitivity Analysis 1
6: Sensitivity Analysis 2
Sensitivity Analysis 2
☑ Assignment
Assignment Brief II – Diploma in Cost Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission II – Diploma in Cost Analysis at QLS Level 3
7: CVP for Multiple Products
CVP For Multiple Products
8: Assumptions of CVP
Assumptions Of CVP
☑ Assignment
Assignment Brief III – Diploma in Cost Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission III – Diploma in Cost Analysis at QLS Level 3
Exam Quiz

Students feedback


Average rating (4)
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    A P

    Anaya Poole

    April 26, 2019
    Very Helpful

    I work as an Accounting Assistant who aspires to further my career in the accounting field. The Diploma in Cost Analysis was the perfect fit for my aspirations and enhancement of my knowledge. The course was in-depth and I learned more than I anticipated. I was able to take my knowledge back to my job and perform effectively so that my employer recognised my contribution to the firm.

    G C

    Goodwin Cox

    April 16, 2019
    Very Helpful

    Being a distance learning course, I was initially reluctant to follow this, thinking that the attention given would be less. However I was proved wrong when considering the immense level of tutor support which was given to me.

    B A

    Bailey Anderson

    April 05, 2019
    Great Course

    Highly grateful to Global Edulink for this awesome course. I have now become an expert in identifying cost behaviour. Thank you for this knowledge given.

    T G

    Tiffany Gremmes

    December 04, 2018

    This course fully met my expectations and after completing the course I feel that I have a much better understanding of cost analysis. I found the course work challenging but enjoyable. I’m glad I chose Global Edulink and would certainly recommend it to others.

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