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Accounting and Business Level 5
Qualification Number: 610/1479/5

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 the areas of business strategy, financial management, financial reporting, financial planning/control and human resource management. Learners will also integrate their knowledge and skills and learn about the world of Business start-ups and how to develop a business plan.

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

  • Relevant 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)

OTHM qualifications at 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.

Mandatory units:

  • 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)

    Successful completion of Level 5 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to Level 6 Diploma in Accounting and Business, and other relevant OTHM Level 6 Diplomas.

    The Level 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 the final year of a three-year UK Bachelor’s degree.

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