Fast-track your financial career with LCCI...CIMA: • Certificate in Business Accounting (2011): C03 Fundamentals of Business Mathematics • Accounts Assistant, • Finance Assistant,

Fast-track your financial career with LCCIA learner's guide to Pearson's LCCI Financial and Quantitative qualifications

3 What is a Pearson LCCI qualification?

5 Why choose Pearson LCCI Financial and Quantitative qualifications?

7 What does an LCCI qualification mean for you?

8 Where are our LCCI Learners?

10 Find the right qualification for you

18 More LCCI qualifications

21 Which diploma is best for me?

28 What support can you expect?

28 Why wait any longer?

LCCI qualifications enable learners to progress into Finance Manager Roles; bringing their skills to the forefront by developing and implementing strategies to support key business initiatives.*Source Jobstreet.com

ARE YOU A STRATEGIC

THINKER?

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What is a Pearson LCCI qualification? Relevant, work readyqualifications Whether you're looking to land your first job, progress in an existing career or find employment locally or overseas, our popular and flexible LCCI qualifications will give you the knowledge and skills to actually do the job. That's why they're trusted and valued by employers worldwide.

Where it all began…LCCI qualifications have been offered internationally for over 100 years. They were originally developed by the London Chamber of Commerce and Industry (LCCI) to address the need for reliable, high quality standards across international workforces. That need is even more present today, and LCCI qualifications continue to meet it – providing internationally recognised standards in a range of professions to learners across the globe.

“In 5 years time I will be opening my business with the skills and knowledge from my LCCI qualification, it will definitely help me with the setting up and running of my business”.Muhamad Nur Rafiq bin Roslan, Kuala Lumpur Account Finance Assistant, LCCI Graduate

DO YOU DREAM OF RUNNING

YOUR OWN BUSINESS?

Why choose Pearson LCCI Financial and Quantitative qualifications?LCCI financial and quantitative qualifications offer learners a chance to develop financial and accounting skills, whatever their existing knowledge. They can begin from Level 1, moving up to the cusp of University entry level at Level 3, and even on to Level 4 towards professional development. Some qualifications at Levels 2, 3 and 4 also carry specific exemptions from some modules of the ACCA, CIMA and ICAEW professional qualifications.

LCCI qualifications help create skilled Finance professionals, many of whom develop successful careers in Account Management*Source Jobstreet.com

DO YOU HAVE A KEEN EYE FOR

DETAIL AND ASPIRE TO LEAD

A TEAM?

What does an LCCI qualification mean for you?Flexible learning:LCCI Financial and Quantitative qualifications are individual vocational qualifications and are assessed in a single exam with sittings throughout the year. There is the flexibility to study part-time, alongside other qualifications or full - time work or, via distance learning. There is also the option to study an individual qualification or Diploma – both of which are certificated.

Practical Focus:All our assessments focus on developing your practical skills, which is why we use real life examples, to help prepare you for real life situations, which is why employers around the world value these qualifications. The skills you will acquire will equip you will the skills needed to actually do the job, these include report writing, making recommendations, analysing and interpreting data.

Qualifications that travel:LCCI qualifications are delivered and assessed in English allowing you to develop both your English speaking and writing skills as well as global industry-specific technical terms.

Where are our LCCI Learners?

I chose this qualification because it was an international qualification, plus it is a great platform for me to develop my career and financial knowledge."Muhamad Nur Rafiq bin Roslan, Kuala Lumpur

Account Finance Assistant, LCCI Graduate

I was an economics major from school and I wanted to enter the accounting sector, so I was looking for a course that was practical in nature. At that point in time LCCI was the only course that had what I was looking for in terms of giving me the practical edge in the working world.”Ranjan Radakrishnan, Singapore

LCCI Level 3 Group Diploma in Accounting

Progressing into employment

Progressing into employment

My LCCI qualifications helped me to better understand the accounting and finance-based subjects I studied at university and in my ACA professional qualification. LCCI qualifications enable an individual to grasp the basic rules of accounting which most companies

require. They also act as a stepping stone for pursuing a professional degree in accountancy, namely ACA /ACCA or even CFA.”

Gabriel Ioannou, Cyprus

Audit and Tax Manager

Progressing into further education studying Professional Body qualifications

Every year, more than 250,000 students choose

LCCI qualifications to further their professional and

academic qualifications.

Find the right qualification for you

LEVEL 1 LEVEL 2

LEVEL 1

CERTIFICATE

in Bookkeeping (VRQ)

LEVEL 2

AWARD

in Computerised Bookkeeping (VRQ)

LEVEL 2

CERTIFICATE

in Bookkeeping & Accounting (VRQ)

LEVEL 2

CERTIFICATE

in Cost Accounting (VRQ)

LEVEL 2

CERTIFICATE

in Business Statistics (VRQ)

LEVEL 3 LEVEL 4

LEVEL 3

CERTIFICATE

in Financial Accounting (VRQ)

LEVEL 4

CERTIFICATE

in Financial Accounting (VRQ)

LEVEL 3

CERTIFICATE

in Cost and Management Accounting (VRQ)

LEVEL 4

CERTIFICATE

in Management Accounting (VRQ)

LEVEL 3

CERTIFICATE

in Business Statistics (VRQ)

LEVEL 4

CERTIFICATE

in Organisational Behaviour and Performance (VRQ)

LEVEL 3

CERTIFICATE

in Accounting (VRQ)

UCAS points available*




Assessment Assessment for all of our qualifications is a written paper that is externally set and marked. Assessments range from 2 to 3 hours in duration and contribute 100% of the overall grade for the qualification.

Brief Description

Focusing on increasing employability skills for our students, this qualification provides the key knowledge and understanding of the role of cost accounting in business; costs relating to labour, material and overheads; marginal costing; coding systems and the role of management information systems in organisations. The qualification will also introduce students to the principle of decision making for Management Accounting.

Who is this for?

Recognition & Exemptions from Professional Bodies

Job benchmark

Helps learners to build good knowledge and understanding of a subject or job area. A Level 2 qualification is usually the recommended minimum entry requirements for jobs.

ACCA:

Foundation in Accountancy: MA1 Managemnent Information

• Accounts Assistant,• Finance Assistant,

Banking Assistant

LCCI LEVEL 2 CERTIFICATE

in Cost Accounting (VRQ) ASE20093

Brief Description

Students will be provided with an introductory course where they will acquire the essential skills and knowledge for maintaining business records, using books of original entry and double-entry bookkeeping. It is ideal for those who are working, or preparing to work, in areas of business that will involve the recording of financial transactions.

Who is this for?


Job benchmark

Helps learners to build their confidence, basic knowledge and essential skills in a particular area.

• Accounts Clerk,• Accounts Payable• Assistant, Assistant

Bookkeeper, Payroll Assitant


in Bookkeeping (VRQ) ASE20091

Brief Description

Students will gain the knowledge, understanding and skills needed to ensure that routine transactions made by the business are accurately recorded using computerised accounting software.

It is also useful for those running their own business or working in a finance department.

Who is this for?


Job benchmark



Banking Assistant

LCCI LEVEL 2 AWARD

in Computerised Bookkeeping (VRQ) ASE20095

Brief Description

Students will gain a thorough foundation in bookkeeping and accounting practices, including double-entry bookkeeping, in accordance with the International Accounting Standards (IAS). It is an ideal qualification for those working, or who are preparing to work, in an accounting environment, maintaining financial records and preparing accounts.

Who is this for?


Job benchmark


ACCA:

• FA1: Recording Financial Transactions


Banking Assistant


in Bookkeeping & Accounting (VRQ) ASE20093

Brief Description

Students will gain the key knowledge and understanding needed around accounting principles and concepts underlying all financial accounting. Students will be able to produce financial records, summarising an organisation’s financial transactions over a specific accounting period, and its current financial position in terms of assets, liabilities and capital. Aimed at students who work in, or want to work in, accounting environments.

Who is this for?


Job benchmark

Helps learners to develop their abilities and apply a range of knowledge, understanding and skills at a detailed level in a range of complex tasks and situations.

ACCA• FA1: Recording Financial

Transactions FA2: Maintaining Financial Records

• CIMA Certificate in Business Accounting (2011): C02 Fundamentals of Financial Accounting

• Accounts Executive,

• Accounts Officer


in Financial Accounting (VRQ) ASE20097

Brief Description

Students will be able to present, understand and interpret business data graphically and diagrammatically, understand basic statistical methodology, assess the suitability of statistical methods and models and apply statistical methods to real world and commercial situations.

Who is this for?


Job benchmark


CIMA:• Certificate in Business

Accounting (2011): C03 Fundamentals of Business Mathematics


Banking Assistant


in Business Statistics (VRQ) ASE20096

UCAS points

available*

Brief Description

Students will be able to to apply statistical techniques to business data in order to plan and control business operations, evaluate and manage risk and support the decision-making process.

Students will gain an understanding of the basic concepts of statistical problem solving in business situations, whilst developing knowledge, understanding and skills in probability and of statistical methods and concepts.

Who is this for?


Job benchmark


CIMA• Certificate in Business

Accounting (2011) C03 Fundamentals of Business Mathematics




in Business Statistics (VRQ) ASE20100

Brief Description

Provides students with the skills, knowledge and understanding of cost and management accounting, which are the keys skills required in business for short and long-term decision making, inventory control, accounting for overheads, working capital management, standard costing and the preparation and control of budgets.

Who is this for?


Job benchmark


CIMA:• Certificate in Business Accounting

(2011): C01 Fundamentals of Management Accounting

ICAEW paper: Management Information

ACCA: Foundation in Accountancy: MA2 Managing Cost and Finance




in Cost and Management Accounting (VRQ) ASE20098

UCAS points

available*

UCAS points

available*

*UCAS points are available for some of our Level 3 qualifications: Distinction 24 points / Merit 18 points / Pass 16 points.

Brief Description

Students will be able to to interpret complex financial statements for reporting and assist in decision making by providing clear analysis of the financial statements. Students will also gain an understanding of applicable International Financial Reporting Standards (IFRS) which underpin the preparation of company financial statements.

Who is this for?


Job benchmark

Helps students to become specialists in their area of learning or work. Learning at this level is appropriate for students working or hoping to work in a technical and professional job, and/or manage and develop others.

ACCA:• Foundation paper F1:

Accountant in Business• Foundation paper F2:

Management Accounting • Foundation Paper F3:

Financial Accounting

ICAEW paper: Accounting

• Accounts Manager,

• Senior Accounts Executive,

• Assistant Accountant,

• Audit Supervisor


in Financial Accounting (VRQ) ASE20101

Brief Description

Develops learner’s ability to apply the key principles of decision making, whilst building students confidence in preparing and interpreting accounts for different types of businesses, in accordance with UK accounting practice and basic accounting conventions.

Who is this for?


Job benchmark

Helps students to gain an overview of the fundamental accounting principles and concepts that underlie all financial accounting.

Learning at this level is suitable for those working or intending to work in advanced accounting roles with a high level of autonomy.

ACCA: • Foundation Paper F3:

Financial Accounting

• Accounts Assistant,

• Finance Assistant, Banking Assistant


in Accounting (VRQ) ASE20104

UCAS points

available*

Brief Description

Enables learners to understand how changes in both the internal and external environment impact on an organisation and how different management practices can help shape its response to these changes. With this qualification students will be able to better understand how motivation, leadership and teamworking influence an organisation’s performance.

Who is this for?


Job benchmark


ACCA: • Foundation Paper F1:

Accountant in Business

ICAEW paper: Business and Finance






in Organisational Behaviour and Performance (VRQ) ASE20103

Brief Description

Gives students advanced knowledge and understanding of management accounting techniques in business, variance analysis and business performance, budget setting and monitoring. Students will be able to construct budgets, apply contribution theory and also analyse financial performance and evaluate information for management to support decision making and planning.

Who is this for?


Job benchmark


ACCA:• F1 Accountant in Business• Foundation Paper F2:

Management Accounting• F3 Financial Accounting

CIMA Chartered Accounting Qualification (2015):

• P1 Management Accounting

ICAEW paper: Management Information






in Management Accounting (VRQ) ASE20102

Brief Description

Introduces learners to the importance of an accounting professional’s ethical duties, the framework and principles of ethical behaviour in accounting, and how these are applied in the work environment. It develops learners ability to recognise the significance of ethical duties within the accounting profession and understand how and when to take action.

Who is this for?


This qualification is suitable for people pursuing a career in accounting or those who currently work in accounting and finance related roles.

CIMA Certificate in Business Accounting (2011):

• C05 Fundamentals of Ethics, Corporate Governance and Business Law*

Pearson LCCI in Professional Ethics in Accounting and Finance (QCF)

LEVEL 3 AWARD

Brief Description

Helps learners develop their ability to manage a computerised accounting system to provide management information. Students will learn to process non-routine accounting transactions and print and analyse reports such as the profit and loss and balance sheet.

Who is this for?


The aim of the qualification is to develop students’ competence in using computerised accounting software and to develop their practical skills. This qualification is suitable for those working or intending to work in advanced accounting roles.

Pearson LCCI in Computerised Accounting Skills (QCF)

LEVEL 3 AWARD

*Exemption applied when both Pearson LCCI Level 3 Award in Professional Ethics in Accounting and Finance and LCCI Level 4 Certificate in The Legal Environment have been achieved

More LCCI qualifications We also offer the following qualifications, which allow you to specialise in niche areas of Finance:

Brief Description

Introduces learners to the fundamental principles underlying Islamic finance, the main Shariah-compliant financial instruments, the main operations of Islamic banking, and Islamic contracts and bonds. Their study will include practical applications of Islamic financial principles including those involving calculations. This qualification is suitable for those working in a financial environment who want to specialise in Islamic banking or finance products.

Who is this for?


This qualification would suit a student working in a financial environment, who wishes to progress into a specialised role within Islamic banking or other Islamic finance products.

Pearson LCCI in Islamic Finance and Banking (QCF)

AWARDLEVEL 4

Brief Description

Introduces learners to micro and macro-economic theory, helping them to develop their knowledge of economic concepts and theory that can be applied to business activity, and their understanding of the market mechanism and its failings, market structure, costs, revenues and profits.

Who is this for?


This qualification would suit students who wish to work in a role that requires critical decision making within the context of business and accounting, or for those students who wish to pursue their academic development into higher education.

This level of learning is suitable for those working or intending to work in roles requiring a significant level of business decision-making.

CIMA Certificate in Business Accounting (2011):

• C04 Fundamentals of Business Economics

Pearson LCCI in Applied Business Economics

CERTIFICATELEVEL 4

Take your LCCI qualification to the next level with an LCCI Financial and Quantitative diploma LCCI Diplomas are a recognised, effective way of combining the subjects, outlined in the Qualifications section, in related fields to create a unique comprehensive demonstration of ability, practical skills and knowledge.

Here is a list of our Financial and Quantitative qualification combination.

Which diploma is best for me?

LEVEL 2 DIPLOMA

in Bookkeeping and Accounting 6 MONTHS

LEVEL 4 DIPLOMA

in Accounting and Finance 18 MONTHS

LEVEL 3

DIPLOMA

in Accounting and Finance

12 MONTHS

LEVEL 3

GROUP

DIPLOMA

in Accounting

12 MONTHS

LEVEL 3

GROUP

DIPLOMA

in Cost and Management Accounting

12 MONTHS

PROFESSIONAL BODY QUALIFICATIONS

EMPLOYMENT

Best preparation for learners who want to progress to Professional Body qualifications or Higher Education

Best preparation for learners who

need to develop the technical competencies

needed to progress in employment

in Bookkeeping & AccountingSTRUCTURE

Core subject Optional subject

• Pearson LCCI Level 2 Certificate in Bookkeeping and Accounts (VRQ) (2015 version)

(at least two from the following)

• Pearson LCCI Level 2 Award in Computerised Bookkeeping (VRQ) (2015 version)

• Pearson LCCI Level 2 Certificate in Cost Accounting (VRQ) (2015 version)

• Pearson LCCI Level 2 Certificate in Business Statistics (VRQ) (2015)

• Pearson LCCI Level 2 in Business Calculations (Legacy)

QUALIFYING PERIOD

RECOGNITIONS AND EXEMPTIONS

JOB BENCHMARK

6 months

ACCA:

FA1: Recording Financial Transactions*

Bookkeeping and Accounting role in a Finance department, e.g. Full Charge Bookkeepers, Banking/ Finance Assistant

LCCI LEVEL 2 DIPLOMA

in Accounting & FinanceSTRUCTURE


• Pearson LCCI Level 3 Certificate in Financial Accounting (VRQ) (2015 version) or Level 3 Certificate in Accounting (2015 version)

• Pearson LCCI Level 3 Certificate in Cost & Management Accounting (VRQ) (2015 version)

(at least one from the following)

• Pearson LCCI Level 3 Award in Computerised Accounting Skills (Legacy)

• Pearson LCCI Level 3 Certificate in Business Statistics (VRQ) (2015 version)

• Pearson LCCI Level 3 Advanced Business Calculations (Legacy)

QUALIFYING PERIOD


JOB BENCHMARK

12 months

CIMA Certificate in Business Accounting (2011):• CO1 Fundamentals of

Management Accounting

• C02 Fundamentals of Financial Accounting

• C03 Fundamentals of Business Mathematics*

ACCA: • FA1: Recording Financial

Transactions

• FA2: Maintaining Financial Records

Entry to: SAA-GE Advanced Diploma in Accounting and Finance SAA-GE Advanced Diploma in Business Management with exemptions for module 1

Accounting role in a Finance department or Accounting entity, e.g. Accounts Executive/Officer


in AccountingSTRUCTURE


• Level 3 Certificate in Accounting (at least two from the following)

• Level 3 Certificate in Cost and Management Accounting (2015 version)

• Level 3 Certificate in Business Statistics (2015 version)

• Level 3 Certificate in Advanced Business Calculations (Legacy)

• Level 3 Award in Computerised Accounting Skills (Legacy)

QUALIFYING PERIOD


JOB BENCHMARK

12 months

ACCA: Foundation Paper F3: Financial Accounting

Equivalent to Level 3 of Malaysian Qualifications Framework

CIMA Certificate in Business Accounting (2011): C01 Fundamentals of Management Accounting *

CIMA Certificate in Business Accounting (2011): C03 Fundamentals of Business Mathematics*

Accounting role in a Finance department or Accounting entity, e.g. Accounts Executive

LCCI LEVEL 3 GROUP DIPLOMA

in Cost and Management AccountingSTRUCTURE



(at least one from the following)

• Level 3 Certificate in Accounting (2015 version) or Level 3 Certificate in Financial Accounting (2015 version)


• Level 3 Certificate in Business Statistics (2015 version)

• Level 3 Certificate in Advanced Business Calculations (Legacy)

• Level 3 Award in Computerised Accounting Skills (Legacy)

QUALIFYING PERIOD


JOB BENCHMARK

12 months

CIMA Certificate in Business Accounting (2011): C01 Fundamentals of Management Accounting

Certificate in Business Accounting (2011): C03 Fundamentals of Business Mathematics

ACCA: Foundation Paper F3: Financial Accounting*

ACCA: FA1: Recording Financial Transactions*

FA2: Maintaining Financial Records*

Accounting role in a Finance department or Accounting entity, e.g. Accounts Executive / Officer

LCCI LEVEL 3 GROUP DIPLOMA

* Exemption dependent on optional subject chosen

in Accounting & FinanceSTRUCTURE

Core subject “Top ups - ideal to support progression into Professional Body study”

• Pearson LCCI Level 4 Certificate in Financial Accounting (VRQ) (2015 version)

• Pearson LCCI Level 4 Certificate in Management Accounting (VRQ) (2015 version)

• Pearson LCCI Level 4 Certificate in Organisational Behaviour and Performance (VRQ) (2015 version)

• Pearson LCCI Level 4 in Legal Environment (Legacy)

• Pearson LCCI Level 4 Certificate in Applied Business Economics (QCF) (Legacy)

QUALIFYING PERIOD


JOB BENCHMARK

18 months

ACCA:

• Foundation Paper F1: Accountant in Business

• Foundation Paper F2: Management Accounting

• Foundation Paper F3: Financial Accounting

ICAEW Paper: Accounting ICAEW Paper: Business and Finance AIA: Entry to AIA’s Certificate in Accountancy qualification (Level 5) Equivalent to Level 4 of Malaysian Qualifications Framework

Supervisory/Management roles in Finance, e.g. Accounts Manager, Assistant Accountant, Audit Supervisor


FAST-TRACK YOUR FINANCIAL

CAREER

All the support and guidance you would expect from the world’s largest learning company.Whether you’re interested in one subject or the full range, we provide everything needed to support you through the qualification and onto final assessment.

Kick start your dream career or pursue your ambitions of that promotion. For more information about our LCCI Financial and Quantitative qualifications, please contact your LCCI centre or visit our website at qualifications.pearson.com/lcci

What support can you expect?

Why wait any longer?

Recognised by the following international professional bodies:

Access to a global network of Pearson expertise providing personalised, local support.

When you become an LCCI student, you become part of a growing international network of over 5000 LCCI centres full of ambitious LCCI students and employers.

Tailored textbooks and resources, past papers and model answers.

Recognition – every year we award LCCI HQ medallions and certificates of excellence to our top scoring students.

NOVEMBER 2015

Documents

Fast-track your financial career with LCCI...CIMA: • Certificate in Business Accounting (2011): C03 Fundamentals of Business Mathematics • Accounts Assistant, • Finance Assistant,