Overview
This Diploma in Cost Analysis at QLS Level 3 (USA Standards) is a wonderful program that will equip you with the necessary knowledge and skills needed to perform effective cost benefit analysis activities. Packed with materials that will enlighten you on the latest cost analysis techniques and tools, this course is ideal for anyone wishing to get into or progress within the cost analysis or related industry. This esteemed qualification will certify you as a skilled cost benefit analyst, provided you have a qualification at level 2 or above in a related disciple to get started with this course.
One has be well versed with his/her job role, duties and responsibilities to make outstanding performance in a job. Therefore, this course will start off by briefing you on the role, duties and responsibilities of a cost analyst, followed up by modules that will guide you on how to identify cost behaviour and cost behaviour analysis. Topics such as break even, target income, sensitivity analysis, CVP and many more will also be amply covered through this course to further strengthen your knowledge on cost analysis.
Profitability is the driving force that motivates organisations to keep achieving more. Thus, the course curriculum will show you how to measure profitability by exposing you to the various techniques that might come in handy. This course is also a great guide that will teach you on how to calculate overall costs and return on investments in any given situation. By the end of this course, you will walk away with an qualification that will be highly beneficial in your cost analysis career.
The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Imperial Learning Ltd* 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.
The course itself has been designed by Imperial Learning Ltd* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme 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.
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.
*South London College is an approved reselling partner for Quality Licence Scheme courses under Imperial Learning Ltd
Please Note: This Course is Based on USA Standards
Why study at South London College ?
South London College 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 South London College and you will be provided with all the necessary material which includes Free CV writing pack to make your learning experience enriching and rewarding.
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.
Key Features
High quality e-learning study materials.
Tutorials/materials from the industry leading experts.
24/7 Access to the Learning Portal.
Benefit of applying TOTUM Discount Card.
Endorsed by Quality Licence Scheme.
Excellent customer service and administrative support.
| Who Is This Course Aimed at? |
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| Entry Requirements |
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| 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. |
| Method of Assessment |
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. |
| Certification |
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 |
| Endorsed by |
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. |
| Progression and Career Path |
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 PayScale is given below.
Others jobs you can get
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| Other benefits |
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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 – Cost Analysis Level 3 | |||
| ☑ Submit Your Assignment | |||
| Assignment Submission – Cost Analysis 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 – Cost Analysis Level 3 | |||
| ☑ Submit Your Assignment | |||
| Assignment Submission – Cost Analysis Level 3 | |||
| 7: CVP for Multiple Products | |||
| CVP For Multiple Products | |||
| 8: Assumptions of CVP | |||
| Assumptions Of CVP | |||
| ☑ Assignment | |||
| Assignment Brief III – Cost Analysis Level 3 | |||
| ☑ Submit Your Assignment | |||
| Assignment Submission – Cost Analysis Level 3 | |||
Diploma in Cost Analysis
More examples of the calculations and/or website addresses with examples to practise would have helped me as a Learner
Good resources
The course provided good resources that helped me during study time. Online learning requires that you study on your own. This is more effective when resources are provided like it was at SLC.
Easy navigation
As someone who was taking a course online for the first time, I must say that the interface was easy to navigate. I was provided with proper guidance which made learning at SLC more enjoyable.
Instructional
The course provided step by step instructions on the core subject of cost analysis. I also enjoyed watching the instructional videos on this training.
Strengthened my knowledge
I recently completed the course in cost analysis, and I must say it has strengthened my knowledge on the subject. As someone who aspires to become an Accountant, taking this course has put me closer to meeting my career goal.
Outstanding
The training provided by SLC for this cost analysis course was outstanding. I have nothing but positive things to say about my experience studying with them.
Enlightened
This course enlightened me with the necessary skills and knowledge to perform cost benefit and analysis activities. It was packed with a wealth of material, information and resources required to complete the course successfully.