OTHM Level 5 Diploma in Accounting and Business

Build advanced accounting and business management skills for career progression in the financial sector and further academic study.

  • Level 5 Diploma
  • Accounting and Business
  • AccountingAndBusiness
  • Duration: 6 Months
  • Admission open 2026

Overview

The OTHM Level 5 Diploma in Accounting and Business is a comprehensive qualification designed to provide learners with essential knowledge and skills in accounting and business management. This 120-credit programme builds upon foundational knowledge and develops advanced understanding of financial principles, business operations, and strategic management.

Throughout this course, students will explore key areas including Financial Accounting, Management Accounting, Business Finance, and Strategic Management. The curriculum is structured to develop both technical accounting expertise and broader business acumen, ensuring graduates are well-prepared for diverse roles in the financial sector.

Learners will develop practical skills in financial reporting, budget management, cost analysis, and business decision-making. The programme emphasises the application of accounting principles in real-world business contexts, preparing students to handle complex financial challenges in modern organisations.

Upon completion, graduates will possess the analytical skills, technical knowledge, and strategic thinking abilities required for progression to senior roles or further academic study at Level 6 or undergraduate degree programmes.

Career opportunities

As a graduate of the OTHM Level 5 Diploma in Accounting and Business, you'll have excellent career prospects in the financial and business sectors. The practical skills and theoretical knowledge gained will make you a valuable candidate for various professional roles, including:

Management Accountant

Provide financial analysis and business insights

Financial Controller

Manage accounting operations and financial reporting

Business Analyst

Analyse business performance and recommend improvements

Finance Manager

Lead financial planning and budget management

Tax Consultant & Advisor

Navigate complex tax laws

Financial Planner & Advisor

Help clients plan financial future

Business Development Manager & Financial Controller

Drive business growth and oversee operations

What will you learn

  • Financial Accounting Principles: Master the preparation and analysis of financial statements including balance sheets, income statements, and cash flow statements.
  • Management Accounting: Learn to use financial information for internal decision-making, budgeting, cost control, and performance evaluation.
  • Business Finance: Understand capital structure, investment decisions, financial planning, and strategies for maximizing business value.
  • Financial Reporting Standards: Apply international accounting standards and ensure compliance with regulatory requirements.
  • Strategic Financial Management: Develop skills in financial analysis, risk management, and strategic planning for business growth.
  • Business Operations: Gain understanding of how financial decisions impact overall business operations and organizational success.
  • Professional Ethics: Learn ethical considerations and professional standards in accounting and business practices.
  • Analytical Skills: Develop the ability to analyze complex financial data and provide actionable business insights.

Key Facts

Awarding Body OTHM
Qualification Level Level 5
Total Credits 120 Credits
Total Qualification Time 1200 Hours
Guided Learning Hours 480 Hours
Study Mode 100% Online — Assignment Based
Duration 6 Months (Fast-track) / 9 Months (Standard)

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:

18 Months (Accelerated mode / Fast-track):GBP £8700

24 Months (Standard mode): GBP £7700

This programme does not have any additional costs.

The fee is payable in monthly or quarterly instalments.

You can avail 5% discount if you pay the full fee upfront in 1 instalment


Payment plans

24 Months - GBP £7700
Stage 1 Fee GBP £2800
  • Payment option (a) - GBP £280 x 10 monthly instalments
  • Payment option (b) - GBP £933 x 3 quarterly instalments
  • Payment option (c) - GBP £1400 x 2 half yearly instalments
  • Payment option (d) - GBP £2660 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Stage Fee GBP £4900 is payable directly to the university

18 Months - GBP £8700
Stage 1 Fee GBP £3800
  • Payment option (a) - GBP £633 x 6 monthly instalments
  • Payment option (b) - GBP £1900 x 2 quarterly instalments
  • Payment option (c) - GBP £3610 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Stage 2 Fee GBP £4900 is payable directly to the university

Entry Requirements

Educational Background

Open Entry: This program is open to all applicants, regardless of previous qualifications. Whether you're starting fresh or seeking to build on existing knowledge, everyone is encouraged to apply. Higher qualifications and relevant experience are also welcomed but not required.

Age Requirement

Applicants must be 16 years or older. This program is designed to support both recent school leavers and those beginning their professional journey.

International applicants and their qualifications are accepted.

Step into a transformative journey at HealthSocial.Care, where you'll become part of a vibrant community of students from over 157 nationalities.

At HealthSocial.Care, we are a global family. When you join us, your qualifications are recognised and accepted, making you a valued member of our diverse, internationally connected community.

Modules

Mandatory Units

6 Units

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