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OTHM Level 5 Diploma in Accounting and Business

Distance learning


Course 4 U

Summary

Price
£1,500 inc VAT
Or £125.00/mo. for 12 months...
Study method
Distance learning
Duration
24 weeks · Self-paced
Qualification
Level 5 Diploma
Regulated qualification What's this?
Certificates
  • OTHM Level 5 Diploma in Accounting and Business - Free
Additional info
  • Exam(s) / assessment(s) is included in price

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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. Many accountants occupy key managerial positions in business, yet few are qualified managers. In the increasingly complex modern business environment, there is a high demand for skilled professionals who can work flexibly in teams across business boundaries.

The objective of the OTHM Level 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 cash flow effectively, and to play a key role in business growth. Learners will build the knowledge and skills required for a career in a wide range of businesses, where accounting and business literacy are key skills for managers at all levels. Learners have the opportunity to progress and apply key skills and techniques to a variety of relevant subject areas through the Level 5 units.

The course will provide learners with knowledge and skills in the areas of business strategy, financial management, planning, reporting and human resource management. Learners will also integrate their knowledge and skills from these disciplines and produce a viable business plan. The OTHM Level 5 Diploma qualifications provide learners with industry-specific and practical skills, enabling them to successfully apply their knowledge in the workplace, enhance their career prospects and allow progression to further study.

Qualification

Level 5 Diploma

Awarded by OTHM Qualifications
Regulated by Ofqual

Certificates

OTHM Level 5 Diploma in Accounting and Business

Digital certificate - Included

The certificate will be sent once you have completed all the units and met all the assessment of the course. Hard copy can be ordered from OTHM Qualification, as they have stopped using any hard prints since 1st Feb 2023, under the government e-certificate and digital certification initiative.

Course media

Resources

Description

Modules
There are 6 units to study and the assessment are done using assignments. There are no examinations in this course. The modules are
• Principles and Concepts of Business Strategy
• Financial Management
• Financial Planning and Control
• Financial Reporting
• The Management of Human Resources
• Business Start-up: Conception to Market

Requirements

Entry Requirements
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 4 Diploma qualification or equivalent qualification
• GCE Advanced level in 3 subjects or equivalent qualification
• Mature learners (over 21) with relevant management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)

Career path

Progressions
Successful completion of the OTHM Level 5 Diploma in Accounting and Business qualification provides learners with the opportunity for a wide range of academic progressions including the OTHM Level 6 Diploma in Accounting and Business qualification.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.