OTHM
This Diploma is designed for students who are just starting out on their business education journeys, this programme is the ideal way to gain an understanding of how business finance works and to open up new career possibilities – both in finance and beyond.
OTHM
120 ECT
6 - 8 Months
Distance/Blended (Online)
6 Units (20 credits each)
Assignment Based
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:
OTHM qualifications at Level 4 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Higher National Certificates (HNC) and Year 1 of a three-year UK Bachelor’s degree programme.
The OTHM Level 4 Diploma in Accounting and Business qualification consists of 6 mandatory units, 120 credits, 1200 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 600 hours.
The OTHM Level 4 Diploma in Accounting and Business qualification’s main goal is to give students an understanding of accounting and business in the broader business context as well as the practical, industry-specific skills they need to effectively manage business finances, budgets, and cash flow and to play a significant role in the expansion of their companies.
In the Level 4 modules, academic and research skills, the business and economic environment, mathematical techniques, financial accounting, management accounting, and leading and managing teams are all combined with theoretical and practical knowledge.
In order to advance to further study or work, learners who successfully complete this certification will be given the specialised knowledge and technical terminology needed to enhance their accounting, business, and management abilities.
The qualification is flexible in how it is given to allow for part-time and remote learning in addition to being designed to be taught across two academic years for full-time study. Only authorised centres are permitted to provide the degree in person, via lectures, tutorials, seminars, distance learning, and online.
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 criteria 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.
The OTHM Level 4 Diploma in Accounting and Business qualification, when successfully completed, gives students the chance to advance to relevant OTHM Level 5 Diplomas, such as the OTHM Level 5 Extended Diploma in Accounting and Business qualification.
Career advancement and professional recognition are two goals that guided the development of the Level 4 Diploma in Accounting and Business. The Office of the Qualifications and Examinations Regulation (Ofqual) has recognised and regulated this qualification, making students eligible for direct entrance into Year 2 of a three-year UK Bachelor’s degree course.
Students who wish to get a solid knowledge of accounting and finance fundamentals as well as company management ideas may enrol in the OTHM Diploma in Accounting and company programme.
Some examples of individuals who may benefit from this diploma include:
An OTHM Diploma in Accounting and Business can provide you with a range of job opportunities in the accounting and finance industry. Some of the most common job roles you can consider after completing this diploma include:
Accountant
With an OTHM Diploma in Accounting and Business, they become trained financial professionals who provide support to businesses by managing daily accounting and financial tasks. They compile reports and prepare, maintain and reconcile financial statements and other financial documents.This role is suitable for individuals who are detail-oriented and have strong organizational skills.
Financial Analyst
Analyze financial data and provide forecasting support. Organize data into accessible reports and perform various types of analysis using key metrics such as yearly growth, return on assets, return on equity and earnings per share.
Tax Consultant
As a tax consultant, they will be advising clients in the areas of direct and indirect taxes; Executing tax analyses and advising on a varied number of local topics; Collaborating with colleagues from other disciplines; Embracing the use of technology.
Auditor
As an auditor, they typically perform a wide range of tasks related to auditing, including reviewing financial statements and other documents for accuracy and consistency. Junior auditors may also be responsible for identifying potential issues or problems with company procedures or policies.
Business Consultant
After this program they can be consultants who can play a support role to project managers and be taught through professional development the key skills for business development, project management, financial administration/project coordination and technical support to projects.
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 is an established and recognised Awarding Organisation (Certification Body) launched in 2003 as a not-for-profit organisation. It is a global provider that is awarding British qualifications and has a network of numerous delivery centres globally to deliver our qualifications.
The OTHM Diploma in Accounting and Business Level 4 units combine both theoretical and practical knowledge in academic and research skills, the business and economics, quantitative methods, financial accounting, management accounting, and leading and managing teams. It aims 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.
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:
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. The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, and online by approved centres only.
The accounting and business sectors provide a variety of professional prospects for OTHM Diploma in Accounting and Business graduates. Accountant, financial analyst, tax counsellor, and business manager are a few examples of work titles.
OTHM is an established and recognised Awarding Organisation (Certification Body) launched in 2003 as a not-for-profit organisation. It is a global provider that is awarding British qualifications and has a network of numerous delivery centres globally to deliver our qualifications.
The OTHM Diploma in Accounting and Business Level 4 units combine both theoretical and practical knowledge in academic and research skills, the business and economics, quantitative methods, financial accounting, management accounting, and leading and managing teams. It aims 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.
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:
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. The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, and online by approved centres only.
The accounting and business sectors provide a variety of professional prospects for OTHM Diploma in Accounting and Business graduates. Accountant, financial analyst, tax counsellor, and business manager are a few examples of work titles.
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