“I recently decided to take the next step in my career and further education. … My choice was the Elephant & Cross educational center and I am very happy with my choice. … High standards and professional team, they are always there to help you and inform you about everything you need for your studies.”
Online Foundation Diploma in Accounting, Level 4.
A UK foundation diploma in accounting, studied completely online around your job. No exams, no deadlines. €220 a month for twelve months, and Malta refunds up to 70% of it when you finish.
Check if I qualify5.0 on GoogleMost finish in about 10 monthsRecognised in Malta and the EU
Delivered byOnline Business School, UKAwarded by OTHM · Regulated by Ofqual · Recognised by MQRIC
Our students love studying this diploma online.
“I had a very positive experience with Elephant & Cross from start to finish. … Their support and guidance throughout the entire process were excellent, and I always felt well informed at every step. … I never encountered any problems along the way and their professionalism really stood out. … I also look forward to continuing my studies with Elephant & Cross in the future.”
“Incredible service from Elephant & Cross, they have been assisting me wherever needed and giving me instant support when requested. … I highly recommend them if you want flexibility in your studies!”
€220 a month. Then most of it back.
€220 a month, interest free, for twelve months. Finish, and Malta’s Get Qualified Scheme refunds up to 70% of it.
- The diploma, tutoring, materials and certification
- No sign-up fee, no interest, nothing hidden
- Stop future payments whenever you need to
- Malta’s Get Qualified Scheme, Malta Enterprise
- Claimed once you hold your certificate
- We support you with the application
A minute on how the refund works.
What the Get Qualified Scheme is, who qualifies, and what you send when you finish.
Study anytime. Completely online.
Built so you can keep your job while you do it.

“When I look at the data, most of our students are studying at 6pm and on Sunday mornings. I don’t see that as a problem to fix, it’s the whole point. This course was built for working professionals, parents, busy people.”
Three modules. Three assignments. No exams.
The three things every accounts role starts with: recording transactions, keeping the books, and understanding what management information is for. Each module ends in one written assignment, marked by a tutor with feedback.
Level 4Modules 1 to 33 modules
01Recording Financial Transactions
Source documents, and how income and expenditure are classified and recorded accurately.
02Management Information
Cost and management accounting, what management information is for, and the ICT used to record it.
03Maintaining Financial Records
Double-entry bookkeeping, a three-column cash book, and a bank reconciliation statement.
Then, if you want it: the Level 5.
Delivered by Online Business School
Your 30 credits are the entry to the Diploma in Accounting and Finance, Level 5: 120 credits, online, no exams, same portal and tutors. From there, the final year of the BA (Hons) Accounting & Finance.
About the Level 5 diploma- Later, if you want itBA (Hons) Accounting & FinanceFinal year only. One year, online, at Arden University.
- Next, if you want itDiploma in Accounting and Finance, Level 5120 credits, online, no exams. Gets you into the final year of a degree.
- You are hereFoundation Diploma in AccountingLevel 4, this course. The equivalent of A-levels. Gets you into the Level 5 above.

“Most people who start with the foundation didn’t finish school the way they wanted to. A year later they’ve got a Level 4 diploma and they’re ready to progress to Level 5. It’s so rewarding.”
Yes, it is a real qualification.
Before you pay anything, you get a recognition statement from MQRIC, Malta’s recognition centre. It says what the diploma is worth here.
The diploma is awarded by OTHM, a UK awarding organisation, and regulated by Ofqual, the UK government’s qualifications regulator. Level 4 on Malta’s framework and the EU framework, the equivalent of A-levels. Level 5 in Ireland. An employer anywhere in the EU reads it the same way.
Check if I qualifyEvery course at this level: Diplomas in Malta · Diplomas in Ireland
- Qualification
- Foundation Diploma in Accounting
- Awarding body
- OTHM, United Kingdom
- Regulated by
- Ofqual
- Level
- MQF Level 4 · EQF Level 4
- Credits
- 30 credits
Issued to you before you start. Illustration; the wording on the real statement is MQRIC’s.
Still not sure?
The four questions we get asked most, in two minutes each.
Do you qualify?
The formal entry is a Level 3 qualification or equivalent, and you must be 16 or over. Good written English and a computer with internet. Choose the one that fits.
Who you are dealing with.
Online Business School delivers the course. Elephant & Cross enrols you and supports you from Malta.
Tuition centreOnline Business School
A UK online school delivering OTHM diplomas, Level 3 to Level 7, to students in more than 100 countries. Every module is taught through its online portal: recorded lectures, notes, and a tutor for the assignments. It offers Ofqual regulated qualifications.
Your support in MaltaElephant & Cross
Online UK qualifications for working adults in Malta, based in Sliema since 2021. Founded by Andrew Critien and Luca Cachia. About 95% of our students work full time. We tell you if you qualify before you pay, handle the enrolment and the paperwork, and support you with the Get Qualified application when you finish.
5.0 on Google148 Tower Road, Sliema
“Their tutors were always there to support me whenever necessary, even on evenings and weekends.”
Still wondering?
Anything else, ask us. We reply within one working day.
What do I need to get in?
You must be 16 or over, with a Level 3 qualification such as O-levels or an MCAST Level 3 diploma, or equivalent. If you do not have one but have solid experience in an accounts or admin role, an exemption is usually granted. Good written English and a computer with internet.
Is the diploma recognised in Malta?
Yes. OTHM, a UK awarding body regulated by Ofqual, awards it. MQRIC recognises it in Malta at MQF Level 4, the same level as A-levels, and that level is read the same way across the EU.
Are there exams?
No. You are assessed through three written assignments, one per module, marked by a tutor with feedback. You can resubmit until you pass.
How long does it take?
Most students finish in about ten months around a full-time job. There are no deadlines, and you can pause for up to 90 days.
How does the 70% refund work?
Malta’s Get Qualified Scheme refunds up to 70% of your fees as a tax credit once you finish. All Malta residents are eligible. We support you with the application.
What happens if I stop paying?
You can stop future instalments whenever you need to, and nothing more is charged. Payments already made are not refunded.
What comes after this?
Your 30 credits are the entry to the Level 5 Diploma in Accounting and Finance: 120 credits, online, no exams, €220 a month. The Level 5 then takes you into the final year of a bachelor’s degree.
When can I start?
Intakes run throughout the year. Send your details and we tell you the next start date.
Check if you qualify.
Fifteen minutes. A straight yes or no. Nothing to pay before the call.
5.0 on Google15-minute callNo obligation
“Highly recommended for anyone wishing to get a degree or diploma with an accredited University while studying at their own pace and having tutor support when requested. … The team at E&C are very helpful, professional and supportive.”