OTHM Level 5 Diploma in Accounting and Business

OTHM Level 5 Diploma in Accounting and Business

Qualification Number: 603/3809/X

Overview

Accounting and finance are at the very heart of business operations. From banking to manufacturing, from huge service industries to micro businesses, the ability to manage, plan and account for money is still the ultimate measure of business success and the key driver of growth.

The objective of the OTHM Level 5 Diploma in Accounting and Business qualification is to provide learners with the knowledge and skills required by a middle manager in an organisation that may be involved in financial management, financial planning and control, financial reporting, taxation and people management.

 

Entry requirements

For entry onto the OTHM Level 5 Diploma in Accounting and Business qualification, learners must possess:

  • Relevant NQF/QCF/RQF Level 4 diploma or equivalent recognised qualification
  • Learner must be 18 years or older at the beginning of the course
  • Mature learners (over 21) with management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)
  • English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency.

 

Equivalences

OTHM qualifications at RQF Level 5 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Foundation Degrees, Higher National Diploma (HND) and Year 2 of a three-year UK Bachelor’s degree.

 

Qualification structure

The OTHM Level 4 Diploma in Accounting and Business consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 480 Guided Learning Hours (GLH) for the completed qualification.

 

Mandatory units

  • Financial Management (20 credits)
  • Financial Planning and Control (20 credits)
  • Financial Reporting (20 credits)
  • Taxation Principles and Practices (20 credits)
  • People Management (20 credits)
  • Business Ethics and Corporate Social Responsibility (20 credits)