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OTHM Level 5 Diploma In Accounting And Business

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What you'll learn

The OTHM Level 5 Diploma in Accounting and Business equips learners with industry-specific and hands-on skills, enabling them to effectively apply their knowledge in professional settings. This achievement not only enhances career opportunities but also facilitates further educational advancement.

  • OTHM Level 5 Diploma in Accounting and Business imparts a broader understanding of accounting and business in the business world context.
  • Equips learners with industry-focused skills for effective financial management, budgeting, and driving business growth.
  • Prepares learners for careers in diverse businesses where accounting and business literacy are essential managerial skills.
  • Progression opportunities with key skills applicable to relevant subject areas through Level 5 units.
  • Covers business strategy, financial management, planning, reporting, and human resource management.
  • Encourages learners to integrate knowledge and skills from these disciplines to create a practical business plan.


Key Benefits

  • Grasp the fundamentals of business strategy principles.
  • Comprehend the strategic choices available to a business.
  • Recognise the roles within financial management.
  • Understand the roles of financial planning and control.
  • Gain insight into the significance of financial reporting and budgeting.

About Awarding Body

OTHM Qualifications are approved and regulated by Ofqual (Office of Qualifications and Examinations Regulation) and recognised by Qualifications Wales. OTHM qualifications have achieved a reputation for maintaining significant skills in various job roles and industries like Business Studies, Leadership, Tourism and Hospitality Management, Health and Social Care, Information Technology, Accounting and Finance, Logistics and Supply Chain Management. OTHM serves the progression option with several UK universities that acknowledges the ability of learners after studying Level 3-7 qualifications to be considered for advanced entry into corresponding degree year/top-up and Master's/top-up programmes.

  • Regulated by ofqual.gov.uk
  • Recognised by World Education Services (WES)

What is Included?

  • Outstanding Tutor Support: EDVORO provides consistent and helpful guidance throughout the course. Learners can seek assistance through the EDVORO Support Desk Portal.
  • Cutting-Edge Learning Management Platform: Access to a modern platform that contains essential learning resources and facilitates communication with the support desk team.
  • Quality Learning Materials include well-structured lecture notes, study guides, and practical applications. Real-world examples and case studies are integrated to help learners apply their knowledge effectively. These materials are available in well-structured pathway books, letter notes, PDF, PowerPoint, or Interactive Text Content formats on the learning portal.
  • Formative Assessment Feedback: Tutors provide feedback on formative assessments, helping learners improve their achievements throughout the program.
  • Summative Assessment feedback: Tutors provide feedback on summative assessments; this kind of feedback can be instrumental in helping students achieve their academic goals.  
  • Accessible Assessment Materials: All assessment materials are conveniently accessible through the online learning platform.
  • Supervision for All Modules: This suggests that oversight and guidance are provided for every module of the course.
  • Multiplatform Accessibility: Learners can access course materials through various devices such as smartphones, laptops, tablets, or desktops. This flexibility allows students to study at their convenience.
  • Limitless Learning Opportunities: EDVORO offers a range of innovative online and blended learning experiences to help learners expand their knowledge.
  • Blended Learning Approach: A blend of online and classroom study for convenience.
  • Convenience, Flexibility, Support, and User-Friendliness: Core principles of online learning at EDVORO


  • Time-constrained scenario-based assignments
  • No examinations

Entry Requirements

These qualifications are intended for learners typically 18 years and older. Learners entry profiles are expected to encompass at least one of the following criteria: 

  • A relevant Level 4 Diploma qualification or its equivalent credential.
  • Completion of GCE Advanced level courses in 2 subjects or an equivalent qualification.
  • Mature learners aged over 21 with pertinent management experience (prior experience verification required from the delivery centre before registration)
  • International students whose first language is not English must score 5.5 or above in IELTS (International English Language Testing System).


Successful completion of the OTHM Level 5 Diploma in Accounting and Business provides learners with the opportunity to:

  • Option for OTHM Level 6 Diploma in Accounting and Business or
  • Learners may be eligible to gain direct entry into the final year of a three-year UK Bachelor's degree

Why gain Qualification

  • OTHM diplomas offer international recognition, widening global career prospects.
  • They signify a high standard of education, boosting employability and income potential.
  • Programs reviewed by highly qualified experts in the relevant sector.
  • OTHM programs emphasise practical skills, ensuring graduates are job-ready.
  • Flexibility in learning options accommodates diverse schedules and commitments.
  • Industry-specific focus provides in-depth expertise, which is crucial in competitive job markets.
  • Networking opportunities foster valuable professional connections.
  • OTHM offers specialised business diplomas, ideal for aspiring entrepreneurs.
  • OTHM qualifications ease compliance with regulatory requirements in specific fields.
  • OTHM diplomas empower personal and professional growth in today's competitive landscape.
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Course Content

Reference No : J/650/1919

This unit aims to improve learners' competencies in efficiently overseeing an organisation's assets and creating various standard financial reports crucial for conveying the organisation's financial condition. Furthermore, learners will explore the conceptual foundations that underlie financial reporting and their association with the presentation of financial information.

Credit : 20 || TQT : 200

Reference No : H/650/1918

The primary objective of this unit is to convey knowledge to learners about financial planning and control functions within a business context. This encompasses corporate financial planning, securing business finance, and comprehending the risks of operating in global capital markets. Furthermore, the unit delves into corporate governance's significance in supervising a business's financial management function.

Credit : 20 || TQT : 200

Reference No : F/650/1917

This unit aims to provide learners with an insight into crucial financial theories and the control of working capital. Moreover, it seeks to equip learners with the expertise to assess strategies for efficiently overseeing a global organisation's financial risks.

Credit : 20 || TQT : 200

Reference No : A/650/2356

In straightforward terms, strategy strives to position a business most effectively to attain a competitive advantage in its chosen market. However, achieving this advantage requires research, analysis, interpretation, and strategic decision-making. This unit aims to provide learners with the knowledge and competencies to actively participate in an organisation's strategy development and ensure its successful execution.

Credit : 20 || TQT : 200

Reference No : H/650/1151

The primary objective of this unit is to introduce learners to the fundamental principles and concepts in human resource management. This understanding will empower them to promote a sustainable approach to people management by grasping the purpose and extent of the human resource management function.

Credit : 20 || TQT : 200

Reference No : M/650/1155

This unit aims to further leverage learners' prior learning, enabling them to employ the knowledge and skills they gained from various disciplines like business strategy, financial planning, accounting, and management to formulate a pragmatic and efficient business plan.

Credit : 20 || TQT : 200

Delivery Methods

The program is delivered by Edvoro, a flagship of the School of Business and Technology London, and awarded by OTHM; Edvoro offers a range of flexible delivery methods to cater to the diverse needs of its learners. These options include online and blended learning, allowing learners to select the mode of study that best suits their preferences and schedules. The program is designed to be self-paced and is facilitated through Edvoro's state-of-the-art Learning Management System.

Edvoro ensures learners can engage with their tutors through the Edvoro Support Desk Portal System. This platform enables learners to discuss course materials, seek guidance and assistance, and request feedback on their assignments, fostering a dynamic and interactive learning experience.

Edvoro stands out by providing exceptional support and infrastructure for online and blended learning formats. We have adopted an innovative approach to learning, replacing traditional classroom-based instruction with web-based learning while maintaining an exceptionally high level of support. Learners who enrol at Edvoro benefit from the dedicated guidance of a tutor throughout their learning journey, ensuring comprehensive support from beginning to end, whether they choose the online or blended learning option.

Resources and Support

Edvoro is committed to providing unwavering support throughout your educational journey. Our dedicated support team is a crucial link between tutors and learners, ensuring that guidance, assessment feedback, and additional study assistance are delivered promptly and effectively. When a learner submits a support request via the support desk portal for advice, assessment feedback, or any other service, one of the support team members assigns the request to an appropriate tutor. Once the support team receives a response from the allocated tutor, the information is promptly made accessible to the learner through the portal. This structured support system is designed to assist learners and streamline support processes efficiently.

Edvoro's competitive edge is enhanced by the high-quality learning materials crafted by industry experts. The learning materials encompass well-structured pathway books, letter notes, practical applications with real-world examples, and case studies that empower learners to apply their knowledge effectively. Learning materials are conveniently accessible in one of three formats, PDF, PowerPoint, or Interactive Text Content, through the learning portal, providing learners with versatile options for accessing and engaging with the content.

Study Options
  • Duration 12 Months
  • Credits 120
  • Accreditation Ofqual.Gov.UK
  • Intake Every Month
  • Study Mode Online / Blended
  • Course Materials: Well Structured
  • All Inclusive Cost Yes
  • Tutor Desk Yes
  • Support Desk Yes
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