Diploma

Overview

Please note that in light of COVID-19 physical distancing measures, this course is now being developed to be delivered online where required. Please submit an application as normal and you will be advised of updates as things develop. 

This unique 6 month part-time diploma course, delivered in partnership with the Production Guild, aims to equip students with the skills required for a career as a film or television Production Accountant.

Production Accountants calculate finances, work out the cost of a production, communicate with financiers (companies or individuals who provide the funding) and control the cash flow, or spending. This is a demanding role that requires a level head, self-confidence and strong communication skills.

In pre-production, Production Accountants help the Producers and Production Managers to prepare budgets and Estimated Final Cost Reports. 

During production, they oversee all payments, manage payroll, petty cash and foreign currency and keep accurate financial records. They help monitor budgets, analyse spending and provide daily or weekly cost reports. They also produce cost forecasts to evaluate the impact of any production changes.

The National Film and Television School Production Accounting Diploma is ideally suited for those already working in a finance / accountancy role and who are keen to move into the film and television sector.  It is also suitable for those in more junior roles within Film & TV Production Accounts departments looking to move up.

COURSE CONTENT

This course will cover:

  • Production set up and implementation of systems
  • Budgeting
  • Sources of finance and treatment of funds
  • Completion guarantors
  • Cash flow, forecasting and cost reporting
  • Working with inherited budgets
  • Working with multi-currency
  • Running the project
  • Contract and employment law
  • Copyright and licences
  • Taxation and insurance
  • Pre production, production and post-production
  • Production audits
  • Management skills

PLACEMENT

To graduate, each student will complete a minimum of 10 days work experience/production shadowing before the completion of the course, which we will work with you to secure. 

COURSE DATES

This course is scheduled to run on 20th June, 4th July, 18th July, 1st August, 15th August, 29th August, 12th September, 26th September, 10th October, 24th October, 7th November and 21st November 2020. 

Fees and funding options

Fees for this course are as follows:

£5950

NFTS Scotland is delighted to be able to offer this Diploma at a special rate. We can do this thanks to Scottish Government support and a different delivery structure which is less costly, so we are very pleased to be able to pass on these savings to participants.   

Bursaries, supported by the Scottish Government, are also available.

The bursary process and criteria for Diplomas are different from those for Short Courses so please refer to the Diploma Application Funding document and do contact us at scotland@nfts.co.uk if you have any queries.

To apply for a bursary, please download the Bursary Application Form to submit via email with your course application.

Entry requirements

A proven interest in film and television production and an ability to work as part of a team are essential.

We would expect those applying to have academic or vocational qualifications in accounting or be able to demonstrate competency through work experience. Previous experience of working in an Accounts environment will be taken into account when considering applications.

If you are not an EEA National, you must already be in possession of a UK visa valid for the duration of this course.  We are unable to accept your application if you do not.

How to apply

Application deadline: 20 May 2020

Please note that in light of COVID-19 physical distancing measures, this course is now being developed to be delivered online where required. Please submit an application as normal and you will be advised of updates as things develop. 

Complete an Application Form now!