Level 5 Extended Diploma in Accounting and Business
OTHM Level 5 Extended Diploma in Accounting and Business, Ofqual Regulated Qualification, Assignment based Assessment
Inspire London College Ltd
Summary
- Exam(s) / assessment(s) is included in price
- Tutor is available to students
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Overview
Level 5 Extended Diploma in Accounting and Business, RQF Level 5, Ofqual Regulated Qualification, OTHM Qualification, Online Self paced, Assignment based Assessment included.
Are you ready to elevate your career in accounting and business to new heights? If yes, then you have come to the right place.
With our Level 5 Extended Diploma in Accounting and Business, set out on a life-changing journey. The goal of this extensive course is to expand your knowledge of strategic business management and advanced accounting principles. This diploma offers the ideal balance of academic content and real-world application. It is ideal for experienced professionals trying to improve their skills and aspiring accountants looking to advance in their careers.
The objective of the OTHM Level 5 Extended 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 will study level 4 and 5 units, worth 120 credits per academic year with a total credit value of 240 credits (equivalent to the first 2 years of an honours degree).
The Level 4 units lay the foundation for subsequent learning by introducing relevant accounting and business topics. The units combine theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams.
Learners can progress and apply key skills and techniques to various relevant subject areas through the Level 5 units. The course will provide learners with knowledge and skills in business strategy, financial management, planning, reporting and human resource management. Learners will also integrate their knowledge and skills from these disciplines and learn to produce a viable business plan.
Completing this qualification will equip learners with specialist skills and technical terminology to develop their accounting, business, and management skills and progress to further study or employment.
Upon completion, you will possess a well-rounded skill set, enabling you to navigate the complexities of modern accounting and contribute strategically to business success. Join us in this educational venture, where you will unlock new opportunities and advance your career in accounting and business.
Qualification
Level 4 Diploma in Accounting and Business
Level 5 Diploma in Accounting and Business
Description
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
Who is this course for?
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.
Requirements
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.
Career path
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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