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
For entry onto the OTHM Level 5 Diploma in Accounting and Business qualification, learners must possess:
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.
The OTHM Level 5 Diploma in Accounting and Business consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 480 Guided Learning Hours (GLH) for the completed qualification.
Operations in the company are fundamentally centred on accounting and finance. The capacity to manage, plan, and account for money is still the gold standard of company success and the primary engine of development in all industries, from banking to manufacturing to large service sectors to small firms.
A middle manager in an organisation who may be involved in financial management, financial planning and control, financial reporting, taxation, and people management needs to have the knowledge and skills that the OTHM Level 5 Diploma in Accounting and Business qualification aims to give learners.
The certification is flexible in how it is delivered to allow for part-time and distance learning in addition to being designed to be completed over the course of one academic year 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 Level 5 Diploma in Accounting and Business degree offers graduates the chance to advance to the Level 6 Diploma in Accounting and Business and other pertinent OTHM Level 6 Diplomas, among other academic opportunities.
Career advancement and professional recognition are two goals that guided the development of the Level 5 Diploma in Accounting and Business. Learners are qualified to achieve direct entrance into the final year of a three-year UK Bachelor’s degree since this qualification is authorised and governed by Ofqual (Office of the Qualifications and Examinations Regulation).
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. 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.
BookKeepers
Bookkeepers oversee a company's financial data and compliance by maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations. They perform daily accounting tasks such as monthly financial reporting, general ledger entries, and record payments and adjustments.
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 is a vocational qualification that provides learners with the knowledge and skills needed to work in the accounting and business sectors. The diploma covers a range of topics, including financial accounting, management accounting, business law, and economics.
For entry onto the OTHM Level 5 Diploma in Accounting and Business qualification, learners must possess:
If a learner is not from a majority English-speaking country must provide evidence of English language competency.
The qualification is designed to be delivered over one academic year 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, online by approved centres only.
Graduates of the OTHM Diploma in Accounting and Business can pursue a range of career opportunities in the accounting and business sectors. Some examples of job titles include accountant, financial analyst, tax advisor, and business manager.
The OTHM Diploma in Accounting and Business is recognized in the UK and in other countries around the world. However, it is important to note that the recognition of vocational qualifications can vary depending on the country and the employer.
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 is a vocational qualification that provides learners with the knowledge and skills needed to work in the accounting and business sectors. The diploma covers a range of topics, including financial accounting, management accounting, business law, and economics.
For entry onto the OTHM Level 5 Diploma in Accounting and Business qualification, learners must possess:
If a learner is not from a majority English-speaking country must provide evidence of English language competency.
The qualification is designed to be delivered over one academic year 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, online by approved centres only.
Graduates of the OTHM Diploma in Accounting and Business can pursue a range of career opportunities in the accounting and business sectors. Some examples of job titles include accountant, financial analyst, tax advisor, and business manager.
The OTHM Diploma in Accounting and Business is recognized in the UK and in other countries around the world. However, it is important to note that the recognition of vocational qualifications can vary depending on the country and the employer.
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