OTHM
The Level 3 OTHM qualifications help improve subject knowledge and study skills, and prepare learners for variety of undergraduate course at UK universities.
OTHM qualifications are made up of the Regulated Qualification Framework (RQF) rules which provides flexible ways to get a qualification.
OTHM
60 ECT
3- 6 Months
Distance/Blended (Online)
6 Units (10 credits each)
Assignment Based
The OTHM Level 3 Diploma in Business Management is available to students as young as 16. Although OTHM does not set entrance criteria for these certificates, delivery centres must make sure that students enrolled to the programme are capable of completing the learning and assessment at the appropriate level.
The OTHM Centre must make sure that it will accommodate students’ requirements, promote learning, and allow for advancement. The certification is made available in English. Therefore, if a student is not from a nation where English is the primary language, they must show proof of English language proficiency.
OTHM qualifications at RQF Level 3 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to GCE AS/A Levels.
Qualification structure
The OTHM Level 3 Foundation Diploma in Accountancy consists of 3 mandatory units for a combined total of 60 credits, 600 hours Total Qualification Time (TQT) and 240 Guided Learning Hours (GLH) for the completed qualification.
Mandatory units
The certificate is flexible enough to allow for part-time and remote learning in addition to being designed to be given over the course of 6 months for full-time study. Only authorised centres are permitted to provide the degree in person, via lectures, tutorials, seminars, distance learning, and online.
The OTHM Level 3 basis Diploma in Accountancy is designed to give students a basis for a career in financial management and accountancy in a variety of enterprises. Its goal is to guarantee that every student has a working understanding of accounting as well as the ability to alter quickly and advance in their study.
Learners who complete the Level 3 Foundation Diploma in Accountancy successfully have the option of continuing their education or finding work.\
The centre conducts internal assessments of each unit for this qualification, and OTHM does an external verification. The credentials are based on the accomplishment of all the predetermined learning outcomes and are criterion referenced.
Learners must present proof that they have satisfied all learning outcomes and complete all assessment criteria requirements in order to receive a “pass” for a unit. The Assessor decides whether or not the Learners successfully met the assessment requirements.
An audit trail should be provided by the assessor to demonstrate the decision-making process used to determine the learners’ overall success.
Students who successfully complete the OTHM Level 3 Foundation Diploma in Accounting have the chance to advance academically into a variety of undergraduate programmes, such as the OTHM Level 4 Diploma in Accounting and Business.
The OTHM Level 3 Foundation Diploma in Accountancy is designed for individuals who are interested in pursuing a career in accounting or for those who wish to enhance their existing knowledge and skills in this field. This diploma is suitable for:
It is important to note that the OTHM Level 3 Foundation Diploma in Accountancy is an entry-level qualification and is not suitable for individuals who have already completed a higher-level accounting qualification such as a degree or professional accounting qualification.
After completing the OTHM Level 3 Foundation Diploma in Accountancy, you will have acquired foundational knowledge and skills in accounting, financial management, and related fields. With this qualification, you can pursue various job opportunities in the accounting and finance sector. Some of the job roles that you may be eligible for include:
Accounts Assistant
As an Accounts Assistant, you will be responsible for maintaining financial records, preparing reports, and managing invoices.
Payroll Administrator
A Payroll Administrator is responsible for managing employee salaries, calculating deductions, and ensuring compliance with tax regulations.
Bookkeeper
A Bookkeeper manages financial records for businesses, including maintaining ledgers, reconciling bank statements, and preparing financial reports.
Accounts Payable/Receivable Clerk
An Accounts Payable/Receivable Clerk is responsible for managing the payment and receipt of invoices and ensuring that all financial transactions are accurately recorded.
Financial Analyst
A Financial Analyst analyzes financial data to provide insights and recommendations to senior management, investors, and stakeholders.
Tax Accountant
A Tax Accountant specializes in tax law and regulations, providing advice and guidance to businesses and individuals on tax-related issues.
Audit Associate
An Audit Associate performs audits of financial statements and ensures that financial records are accurate and compliant with regulations.
OTHM stands for Organisation for Tourism and Hospitality Management (UK). IT is a UK based Awarding Organisation regulated by Ofqual (Office of the Qualifications and Examinations Regulation). It was launched in 2003 as a not-for-profit organisation.
It is also a full member of FAB, which is the trade association for vocational awarding bodies in the UK.
It delivers qualifications in below mentioned subjects via its numerous global delivery centres
OTHM Level 3 Foundation Diploma in Accountancy is a qualification designed to provide learners with a foundation in accounting principles and practices. It covers basic accounting concepts, financial statements, bookkeeping, and taxation.
This qualification is suitable for those who are new to accounting and wish to gain a basic understanding of accounting principles and practices. It is also suitable for those who work in accounting and finance but have no formal qualifications.
The OTHM Level 3 Diploma in Business Management qualification can be offered to learners from age 16. OTHM does not specify entry requirements for these qualifications, but delivery centres are required to ensure that learners admitted to the programme have sufficient capability at the right level to undertake the learning and assessment.
If a learner is not from a majority English-speaking country must provide evidence of English language competency.
The course duration is typically 6 months to 1 year, depending on the mode of study.
All units within this qualification are internally assessed by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the Assessor.The Assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.
This qualification provides a foundation for learners who wish to progress to higher level accounting qualifications or pursue careers in accounting and finance. It may lead to entry-level roles such as accounts assistant, bookkeeper, or payroll administrator.
OTHM Level 3 Foundation Diploma in Accountancy is a qualification designed to provide learners with a foundation in accounting principles and practices. It covers basic accounting concepts, financial statements, bookkeeping, and taxation.
This qualification is suitable for those who are new to accounting and wish to gain a basic understanding of accounting principles and practices. It is also suitable for those who work in accounting and finance but have no formal qualifications.
The OTHM Level 3 Diploma in Business Management qualification can be offered to learners from age 16. OTHM does not specify entry requirements for these qualifications, but delivery centres are required to ensure that learners admitted to the programme have sufficient capability at the right level to undertake the learning and assessment.
If a learner is not from a majority English-speaking country must provide evidence of English language competency.
The course duration is typically 6 months to 1 year, depending on the mode of study.
All units within this qualification are internally assessed by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the Assessor.The Assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.
This qualification provides a foundation for learners who wish to progress to higher level accounting qualifications or pursue careers in accounting and finance. It may lead to entry-level roles such as accounts assistant, bookkeeper, or payroll administrator.
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