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Finance and Accounting V Level

Ormiston Victory Academy

Middleton Crescent, Costessey, Norwich, Norfolk, NR5 0PX

Vocationally-related Qualification (VRQ)
Level 3
Business, Administration and Law

Available start dates

Available start dates

Wednesday, 01 September 2027
Ormiston Victory Academy
2 Year(s)
Part of a full time programme
Daytime/working hours

Application Instructions

Thank you for your interest in Lord Nelson Sixth Form at Ormiston Victory Academy.

All of our applications are now made using Applicaa, which can be accessed through the following link:

https://victory.applicaa.com/


Course Summary

Finance & Accounting is a practical, future-focused qualification that explores how organisations manage money, make financial decisions and maintain accurate financial records. You'll learn how businesses measure performance, prepare financial information, manage budgets and assess financial risks. The course develops highly employable skills valued by universities, apprenticeships and employers across a wide range of industries.

Ideal for students who enjoy working with numbers, analysing information and understanding how organisations manage money. The course is particularly suited to those considering careers in finance, accounting, banking, business management or professional services.

Course Details

This qualification is new, with first teaching from September 2027. The exam board will release more information in November 2026. In the meantime, here is an estimate of what the course is likely to include:

Financial Accounting: Recording business transactions, Producing financial statements, Understanding assets, liabilities and equity, Maintaining accurate financial records

Management Accounting: Budgeting and forecasting, Costing and profit analysis, Financial planning and control, Supporting business decision-making

Business Finance: Sources of finance, Cash flow management, Investment appraisal, Financial risk and reward, Financial Performance Analysis

Interpreting financial statements: Using financial ratios, Measuring business success, Making recommendations based on financial data

Professional Finance Projects: Working on realistic business scenarios. Solving financial problems. Presenting financial recommendations, Developing professional workplace behaviours

Students won't just learn about finance and accounting. They'll develop skills in: Numerical analysis, Problem solving, Decision making, Financial planning, Attention to detail, Communication and presentation skills, Spreadsheet and digital finance tools, Professional judgement.

How will it be delivered and assessed?

Combination of internal coursework and external examinations.

Entry requirements

To study Vocational / Technical Qualifications: A minimum of 30 points. These points will be accumulated from your top 8 KS4 grades. For example a student who achieves the following grades would meet the entry criteria.

E.g 5+5+4+4+3+3+3+3 = 30 points (Average grade 3.75)

Some Vocational qualifications will require a Level 2 Merit or grade 4 to access them

Entry criteria is a guide and interviews will be conducted with candidates to confirm if they are suitable to follow their selected courses.





Your next steps...

Possible university courses:

  • Accounting
  • Finance
  • Banking and Financial Services
  • Economics
  • Business Management
  • Accounting and Finance

Possible careers:

  • Accountant
  • Auditor
  • Finance Assistant
  • Financial Analyst
  • Management Accountant
  • Tax Adviser
  • Banking Professional
  • Payroll Specialist
  • Finance and Accounting Apprenticeships

For more courses like this, check our courses page.