OTHM Level 5 Extended Diploma in Business Management

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Course Overview

What is this course

In today’s fast-paced business world, continuously developing your knowledge and skills is essential for career growth and making a meaningful impact within your organization. The OTHM Level 5 Extended Diploma in Business Management provides a comprehensive and practical pathway to mastering key management principles and practices, designed for individuals seeking to enhance their managerial expertise and drive business success.

The OTHM Level 5 Extended Diploma in Business Management is a leading qualification for aspiring managers and business professionals. It offers a strong foundation in core areas of business management, equipping participants with the strategic and operational skills needed to thrive in a competitive business environment. This diploma is ideal for those looking to progress their careers, pursue further studies, or gain a deeper understanding of effective business management.

The program emphasizes practical learning through case studies, real-world scenarios, and project-based work, ensuring participants can apply theoretical concepts to real business challenges. Its flexible structure allows professionals to balance their studies with work and other commitments, making it a practical choice for career-focused individuals aiming to strengthen their managerial capabilities.

Prerequisites

Course Entry Requirements

Applicants for the OTHM Level 5 Extended Diploma in Business Management should meet the following entry criteria to ensure they have the foundational knowledge and practical background required for this advanced qualification:

  • Applicants should be at least 18 years old.
  • A Level 3 qualification in Business, Management, or a related subject is preferred.
  • While not mandatory, candidates with practical experience in management, administration, or business operations will benefit from contextual learning.
  • Proficiency in English is required to engage with course materials, complete assignments, and participate in discussions.

Course Content

Detailed Curriculum Structure

The OTHM Level 5 Extended Diploma in Business Management 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.

Learning Outcomes:

  • Understand the concept and purpose of academic research and writing.
  • Understand how to conduct academic research.
  • Be able to demonstrate critical thinking skills
  • Understand how to construct a reliable and valid academic argument.

Learning Outcomes:

  • Understand different types of businesses.
  • Understand the relationships between business functions.
  • Be able to measure a business’s internal environment
  • Be able to measure a business’s external environment.

Learning Outcomes:

  • Understand the concept and purpose of communication in a business context.
  • Be able to effectively communicate in a business context.
  • Understand how a business communicates internally.
  • Understand how a business communicates externally.

Learning Outcomes:

  • Understand the context and purpose of finance and accounting.
  • Be able to prepare financial statements for different types of businesses.
  • Be able to interpret financial statements.
  • Be able to prepare a budget.

Learning Outcomes:

  • Understand leadership and management theories.
  • Understand how teams are developed.
  • Understand how to improve individual and team performance.
  • Be able to determine your own capacity to be an effective leader and manager.

Learning Outcomes:

  • Understand the context of globalisation.
  • Understand the factors which drive globalisation.
  • Understand how and why a business would want to operate in global markets.
  • Understand how operating in a global market impacts a business.

Learning Outcomes:

  • Understand the principles of business strategy.
  • Understand key business strategy theories and concepts.
  • Be able to measure a business’s micro and macro environment.
  • Understand a business’s strategic options

Learning Outcomes:

  • Understand the purpose and objectives of human resource management.
  • Understand the functions of human resource management.
  • Understand how internal and external factors impact the human resource management function.
  • Understand modern development in human resource management function in a business

Learning Outcomes:

  • Understand the context and concept of marketing.
  • Understand the functions of marketing.
  • Understand how internal and external factors impact the marketing function.
  • Understand how a business uses its marketing function.

Learning Outcomes:

  • Undertsnadgeneric business law
  • Understand legal and justice systems within a business context.
  • Understandkey businessrelated laws.
  • Understand how laws impact on businesses.

Learning Outcomes:

  • Understand management accounting and decision making.
  • Understand technical procedures used in management accounting.
  • Be able to use management accounting to solve problems and inform decision-making.

Learning Outcomes:

  • Understand the fundamental requirements for starting a new business
  • Understand sources of support available to new businesses.
  • Be able to create a business plan for a new business to gain stakeholder support.

Course Features

6-18 Months

12 Mandatory Units

Online Learning

Assessment Based

Get in Touch

+44 2035 764371

+44 7441 396751

info@inspirecollege.co.uk

www.inspirecollege.co.uk

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