Accounting: Accounting and Business - OTHM Level 5 Extended Diploma

Inspire London College Ltd

Quiz based assessment

Included in course price

Level 5 Extended Diploma in Accounting and Business

Course Outline

The OTHM Level 5 Extended Diploma in Accounting and Business qualification consists of 12 mandatory units, 240 credits, 2400 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 1200 hours.

To achieve the OTHM Level 5 Extended Diploma in Accounting and Business, learners must achieve 240 credits, of which 120 credits are at Level 4 (6 units) and 120 credits are at Level 5 (6 units).

Qualification Accreditation Number (QAN): (610/0728/6)

• Delivered 100% online
• Program available to UK, EU and International students

Mandatory Units

Level 4 Units

H/650/1099 - Academic Writing and Research Skills

T/650/1760 - Business and the Economic Environment

R/650/1912 - Principles of Financial Accounting

M/650/1911 - Quantitative Methods in a Business Context

Y/650/1914 - Management Accounting

T/650/1148 - Leading and Managing Teams

Level 5 Units

A/650/2356 - Principles and Concepts of Business Strategy

F/650/1917 - Financial Management

H/650/1918 - Financial Planning and Control

J/650/1919 - Financial Reporting

H/650/1151 - The Management of Human Resources

M/650/1155 - Business Start-up: Conception to Market

Each unit carries 20 credit value, 100 Guided Learning Hours (GLH) and Total Quality Time (TQT) of 200 hours.

• The Level 4 units lay the foundations of learning by providing an introduction to relevant topics.
• The Level 5 units allow learners to specialise and progress into specific occupational areas.

Key features of OTHM Level 5 Extended Diploma qualifications:

• A stimulating and challenging programme of study that will be both engaging and informative for learners
• Learners can gain the essential subject knowledge needed to progress successfully into further study or the world of work
• A simplified structure: learners undertake a core of learning in the Level 4 units and build on this knowledge in the Level 5 units
• Refreshed content that is closely aligned with the employer and higher education needs
• Assessments that consider cognitive skills along with affective and applied skills
• OTHM set unit assignments and a varied approach to assessment that supports progression to Level 6
• Learners will develop knowledge and academic study skills, including active research skills, effective writing skills, analytical skills, critical thinking, and creative problem-solving, decision-making and digital literacy.

Assessment

All units within accountancy courses UK online are internally assessed by Inspire London College 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.

The Assessor judges that the learners have successfully fulfilled the assessment criteria.

Accreditation

OTHM Qualifications are approved and regulated by Ofqual (Office of Qualifications and Examinations Regulation). Visit the Ofqual Register of Regulated Qualifications.

OTHM has a progression arrangement with several UK universities that acknowledges learners’ ability after studying Level 3-7 qualifications to be considered for advanced entry into corresponding degree year/top-up and Master’s/top-up programmes.

Certification

OTHM Qualifications (Awarding Body) only issues verifiable certificates and Transcripts electronically and securely in PDF format (without additional charges).

If you want a hard copy of the Certificate and Transcript, you can claim it by paying an extra fee:

• Certificate and Transcript + Standard postage charges local = £60
• Certificate and Transcript + Standard postage charges International = £70
• Certificate and Transcript + Courier Services charges International = £100

Level 5 Extended Diploma in Accounting and Business

The diploma in business management is suitable for anyone seeking a qualification to develop their skills in Business Management. This qualification will improve your understanding of the management of organisations and their businesses. This could be a good starting point for anyone wishing to gain knowledge about Business Management or those looking for a new career path.

Progression

Successful completion of the OTHM Level 5 Extended 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.

As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners may be eligible to gain direct entry into the final year of a three-year UK Bachelor’s degree.

Level 5 Extended Diploma in Accounting and Business

For entry to the accountancy training course, learners will be expected to hold the following:

• Learner must be aged 18 or above.
• Qualifications at Level 3 and/or;
• For learners wishing to study and are non-native English speakers, they must have a minimum level of English language competency.
• Sufficient capability at the right level to undertake the learning and assessment criteria.
• Work experience in a business environment and demonstrate ambition with clear career goals;
• Level 4 qualification in another discipline and want to develop their careers in financial management.

Level 5 Extended Diploma in Accounting and Business

Upon successfully completing this Level 5 Extended Diploma in Accounting and Business, graduates can explore a range of rewarding career paths that demand advanced knowledge and skills in accounting and business management.

• Senior Accountant
• Financial Analyst
• Management Accountant
• Business Consultant
• Chief Financial officer

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