OTHM Level 5 Extended Diploma in Accounting and Business
The OTHM Level 5 Extended Diploma in Accounting and Business is an internationally recognized qualification regulated by Ofqual (UK Government body). Designed for aspiring professionals and business leaders, this program equips learners with essential knowledge and skills in accounting, finance, and business management. It provides a solid academic foundation while also offering practical insights, ensuring students are prepared for both higher education and real-world career opportunities.
Equivalent to the second year of a UK bachelor’s degree, the qualification covers a wide range of vital subjects such as financial reporting, business law, economics, organizational behavior, and strategic management. By combining theoretical learning with applied practice, learners gain a well-rounded understanding of both accounting principles and business operations. This makes the diploma a perfect choice for those looking to develop a strong professional profile in today’s competitive global market.
On successful completion, learners can progress directly into the final year of a university degree program or pursue higher-level qualifications like the OTHM Level 6 Diplomas. Graduates are also well-positioned for careers in accounting firms, corporate finance, auditing, consultancy, and management roles across multiple industries worldwide. With its international credibility and career-focused approach, the OTHM Level 5 Extended Diploma in Accounting and Business is a valuable step toward academic progression and professional success.
Why Choose this Qualification
The OTHM Level 5 Extended Diploma in Accounting and Business is an excellent choice for learners who want to build a strong career in finance, accounting, and business management while keeping academic progression routes open. This UK-recognized qualification ensures international credibility, making it a valuable credential for both higher education and employment opportunities worldwide.
- Globally Recognized – Regulated by Ofqual (UK), ensuring high academic and professional standards.
- Equivalent to the second year of a UK bachelor’s degree, offering clear progression to Level 6 Diplomas or direct entry into the final year of a university degree.
- Comprehensive Curriculum – Covers essential topics including financial reporting, business strategy, management, and economics.
- Flexible Career Pathways – Opens doors to careers in accounting firms, finance departments, auditing, consultancy, and business management.
- Practical and Academic Balance – Develops both technical knowledge and practical business skills, preparing learners for real-world challenges.
- International Career Opportunities – Recognized by employers and universities worldwide.
- Stepping Stone to Professional Success – Creates a pathway to further professional qualifications and higher-level studies.
Choosing the OTHM Level 5 Extended Diploma in Accounting and Business means gaining a qualification that combines academic value, professional skills, and international recognition. It is the perfect option for learners aiming to progress in their studies and secure successful careers in the fields of accounting, business, and finance.
Course Overview
Awarding body : OTHM
Course Level: 5
Credits : 120
Study Units: 6 Units
Evidence & Assignment Based
Qualification Structure
The OTHM Level 5 Diploma in Tourism and Hospitality Management consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 600 Guided Learning Hours (GLH) for the completed qualification.
Mandatory units
- Digital Marketing Management for Tourism and Hospitality (20 credits)
- Operations Management (20 credits)
- Management Accounting (20 credits)
- Management of Human Resources (20 credits)
- Customer Relationship Management (20 credits)
- Contemporary Issues in Tourism and Hospitality (20 credits)
Who Should Take This Course
The OTHM Level 5 Extended Diploma in Accounting and Business is ideal for individuals who want to strengthen their expertise in accounting, finance, and business management while keeping the option open for further academic progression. It is designed to suit a wide range of learners and professionals who are eager to advance their careers in today’s competitive global business environment.
- Students and graduates who wish to progress towards a UK university degree or higher-level professional qualifications.
- Aspiring accountants and finance professionals seeking the technical knowledge and practical skills to succeed in the accounting and finance industry.
- Business professionals and managers aiming to enhance their leadership, financial decision-making, and strategic management capabilities.
- Entrepreneurs and business owners who want to develop a deeper understanding of accounting, finance, and business operations to effectively manage and grow their enterprises.
- International learners who want an Ofqual-regulated UK qualification recognized by employers and universities worldwide.
Whether you are planning to continue your education or step into the professional world, this diploma provides the right mix of knowledge, skills, and recognition to achieve your goals in accounting and business. platform for success.ally recognized credentials to excel in accounting and business management.
Course Benefits
The OTHM Level 5 Extended Diploma in Accounting and Business offers a wide range of benefits for learners who want to strengthen their academic knowledge and professional skills in finance, accounting, and business management. Designed to meet international standards, this qualification provides both career growth opportunities and a clear pathway to higher education.
- International Recognition – Awarded by OTHM and regulated by Ofqual (UK), ensuring global acceptance.
- Academic Progression – Equivalent to the second year of a UK bachelor’s degree, allowing direct entry to Level 6 Diplomas or final year university programs.
- Comprehensive Skill Development – Covers accounting principles, financial reporting, business operations, economics, and strategic management.
- Career-Focused Learning – Equips learners with practical knowledge to excel in accounting firms, auditing, finance, consultancy, and managerial roles.
- Balance of Theory and Practice – Blends academic learning with real-world application for better problem-solving and decision-making.
- Flexible Learning Options – Can be pursued through full-time, part-time, or online study to suit different learner needs.
- Pathway to Professional Success – Builds a strong foundation for further professional qualifications such as ACCA, CIMA, or higher-level business diplomas.
By completing the OTHM Level 5 Extended Diploma in Accounting and Business, learners gain a qualification that not only enhances career opportunities but also opens doors to international higher education pathways. It is the perfect choice for individuals aiming for long-term professional success in the fields of accounting, finance, and business management.se to excel in both legal education and professional practice..
Eligibility Criteria
Candidates seeking to enrol in the OTHM Level 5 Extended Diploma in Accounting and Business should meet the following requirements:
Educational Background:A relevant Level 4 qualification or equivalent in accounting, business, or a related subject.
Work Experience:Applicants with suitable work experience in accounting, finance, or business administration may also be considered.
Language Proficiency:Learners must demonstrate English language competence, either through previous education in English or by holding a recognized English qualification.
Minimum Age:All applicants must be 18 years or older at the start of the course.
The Qualification Process
The OTHM Level 5 Extended Diploma in Accounting and Business is a UK-recognized and Ofqual-regulated qualification designed to provide learners with strong academic knowledge and practical skills in accounting, finance, and business management. It serves as an excellent pathway for both career growth and higher education progression.
- Awarding Body: OTHM (UK)
- Regulated By: Ofqual (Office of Qualifications and Examinations Regulation)
- Academic Level: Equivalent to the second year of a UK bachelor’s degree
- Progression Routes:
- OTHM Level 6 Diplomas
- Final year entry into a UK bachelor’s degree in accounting, business, or related fields
- Core Learning Areas:
- Financial reporting and accounting principles
- Business strategy and operations
- Economics and organizational management
- Leadership and decision-making skills
- Career Pathways:
- Accounting firms and audit practices
- Financial institutions and corporate finance departments
- Business consultancy and management roles
- International business and entrepreneurship
- Global Recognition: Accepted by employers and universities worldwide, opening international opportunities.
This qualification combines academic rigor with practical application, ensuring learners are fully prepared for both further studies and professional success in the global business and finance sectors.
