The objective of the OTHM Level 4 & 5 Diploma in Accounting and Business qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cas
The Level 4 & 5 units combine both theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams.
Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their accounting and business and management skills and to progress to further study or employment.
These qualifications are designed for learners who are typically aged 18 and above.
The entry profile for learners is likely to include at least one of the following:
Relevant Level 3 Diploma qualification or equivalent qualification
GCE Advanced level in 2 subjects or equivalent qualification
Mature learners (over 21) with relevant management experience
OTHM qualifications at Level 4 & 5 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Higher National Certificates (HNC) and Year 2 of a three-year UK Bachelor's degree programme.
The OTHM Level 4 & 5 Diploma in Accounting and Business qualification consists of 12 mandatory units, 240 credits, 2400 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 1200 hours.
Academic Writing and Research Skills (20 credits)
Business and the Economic Environment (20 credits)
Principles of Financial Accounting (20 credits)
Quantitative Methods in a Business Context (20 credits)
Management Accounting (20 credits)
Leading and Managing Teams (20 credits)
Principles and Concepts of Business Strategy (20 credits)
Financial Management (20 credits)
Financial Planning and Control (20 credits)
Financial Reporting (20 credits)
The Management of Human Resources (20 credits
Business Start-up: Conception to Market (20 credits)
The qualification is designed to be delivered over two academic years for full-time study but it is also flexible in its delivery in order to accommodate part-time and distance learning..
Successful completion of the OTHM Level 4 & 5 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to relevant OTHM Level 6 Diplomas or do Topup Bachelor degree.
The Level 4 & 5 Diploma in Accounting and Business has been developed with career progression and professional recognition in mind. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into Year 3 of a three-year UK Bachelor’s degree programme
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