The programme awards three qualifications:

• Level 5 Extended Diploma in Accounting and Business – awarded by OTHM (United Kingdom)
• Level 6 Diploma in Accounting and Business – awarded by OTHM (United Kingdom)
• Bachelor of Finance and Banking – awarded by SIMI Swiss (Switzerland)

These three qualifications are completely independent, creating maximum strength and value for graduates upon completion.

Yes.

• The OTHM qualification is regulated by Ofqual (UK Government), ensuring national standards of quality, transparency, and compliance in the United Kingdom.
• SIMI Swiss is an international higher education institute operating under the Swiss Private HEI model, registered and governed in the Canton of Zug. It is responsible for the academic value of its Private Degree programmes in accordance with Swiss law.

Yes.

• The OTHM qualification is part of the RQF and regulated by Ofqual, and recognised as equivalent to the second year of a Bachelor’s degree within the UK education system.

References:

• Official UK Government recognition assessment: HERE
• Recognition of equivalency to a Master’s degree in the UK and across Europe: HERE

The UK Qualification Reference Statement issued by an authorised representative of the UK Department for Education is the highest-level document confirming the status of a graduate’s qualification, serving to authenticate and recognise:

• Verification that the qualification is recognised in the United Kingdom.
• Recognition of the qualification’s level and position within the UK national qualification frameworks, including all three frameworks:
  • The Regulated Qualifications Framework of England, Wales, and Northern Ireland (RQF)
  • The Scottish Credit and Qualifications Framework (SCQF)
  • The Credit and Qualifications Framework for Wales (CQFW)

Example: A qualification recognised by the UK Department for Education with the notation UK Framework Levels – RQF Level 6 / SCQF Level 9 / CQFW Level 6 means that the qualification is classified at the BACHELOR’S level across the entire United Kingdom and holds academic validity in England, Scotland, Wales, and Northern Ireland.

• Confirmation that the awarding institution is recognised by the UK Government.
• Confirmation of the entry requirements for obtaining the qualification.
• Confirmation of the assessment and examination procedures.
• Confirmation of the graduate’s competency and employability.
• Confirmation of progression opportunities for further study within the UK National Education System after completing the qualification.

Yes.
The SwissUK degree awarded by SIMI is recognised for employment in Switzerland without any additional procedures, as the position of Specialist in Finance and Accounting belongs to the group of occupations that do not require a professional licence.

The Governments of Switzerland and the United Kingdom have signed a Mutual Recognition Agreement on Professional Qualifications, effective from 01/01/2025. Under this agreement, professional qualifications issued in either country may be submitted for recognition when applying for a professional licence in the other country, including professions that fall under the professionally regulated category—those requiring a licence to practise.

As a result, qualifications within the SwissUK™ education system—particularly programmes awarded by Ofqual Awarding Bodies—are eligible to be submitted as part of the initial application for recognition or for obtaining a new professional licence in Switzerland, in accordance with the mechanisms defined in the agreement.

References:

• Swiss–UK Mutual Recognition Agreement on Professional Qualifications from the UK Government: HERE
• Swiss–UK Mutual Recognition Agreement on Professional Qualifications from the Swiss Government: HERE
• List of approximately 200 regulated professions requiring a professional licence under the Swiss–UK Mutual Recognition Agreement (qualifications within the SwissUK™ system—including those from Ofqual Awarding Bodies—are eligible for initial assessment according to the agreement): HERE

UK ENIC benchmarks RQF Level 6 at Band 9, which is equivalent to a Bachelor’s degree. See more details HERE

Yes.

According to the European Qualifications Framework (EQF), RQF Level 6 is aligned with EQF Level 6. See more details HERE

Yes. It may be evaluated as equivalent to a Bachelor’s degree or Bachelor-level, depending on the individual application, through:

• CICIC (Canada)
• WES (USA/Canada)

The final outcome depends on the purpose of the evaluation and the independent assessment conducted by these agencies. See more details HERE

Yes.

The qualification integrates the competency standards for the Accounting Finance Manager role – Occupational Code LAR402 under the UK occupational framework. See more details HERE

According to labor market data from the United Kingdom, the average annual salary for the Professional Accountant group (which includes manager roles aligned with this programme) is £46,678 per year. See more details HERE

Yes.

According to the Statement of Changes to the UK Immigration Rules (effective 2025), the minimum qualification level for the Skilled Worker Visa has been raised to RQF Level 6.

A qualification at RQF Level 6 meets the mandatory academic requirement.

• See more details HERE

Yes. Learners are eligible to apply for postgraduate programs such as:

• MBA (Master of Business Administration)
• MSc in Finance / Banking & Risk Management / Investment Management
• MSc in Management / Financial Economics

Reference: Recognition of RQF/EQF Level 6 as a Bachelor’s degree under international education standards. See more details: HERE

All qualification recognitions, top-ups, or transfers under the Swiss and UK education systems are subject to the specific policies of the receiving institution or relevant authority — verification should be conducted in advance where applicable.

Yes.

• SIMI Swiss provides consular legalization services for its qualifications. See more HERE.
• OTHM offers an online qualification verification system via QR Code. See more HERE.
• The UK Department for Education confirms that OTHM qualifications (including those bearing the SIMI name) are officially recognised by the UK Government and mapped to RQF Level 6 / SCQF Level 9 / CQFW Level 6 (Bachelor’s Level).

Information relating to the programme, the qualification, its accreditation status, and any associated recognition frameworks is derived from official publications issued by the UK Government, statutory regulatory authorities, and other competent bodies. All information is accurate as of the date of publication; however, it may be amended, revised, or withdrawn at any time without prior notice, pursuant to updates in applicable policies, regulations, or statutory instruments.

Although recognition, cross-recognition, and equivalency frameworks are established on transparent, objective, and verifiable criteria, each country, ministry, governmental department, professional body, or receiving institution retains sole discretion and full adjudicatory authority to determine whether a qualification is recognised, accepted, or deemed equivalent under its internal regulations and legal jurisdiction. Accordingly, learners bear full responsibility for verifying recognition requirements directly with the relevant authority or institution before relying on the qualification for any legal, academic, or professional purpose.

In accordance with principles of transparency and jurisdictional compliance, SIMI Swiss, UKeU®, OTHM, and all related parties do not make any commitment or representation regarding qualification recognition, equivalency, immigration status, or professional licensing in any country, ministry, department, or regulatory body.

This information is provided to ensure accuracy and transparency in public communication, consistent with international standards and best practices in academic disclosure.