The OTHM Level 5 Extended Diploma in Accounting and Business is a UK-recognised qualification designed to build strong foundations in accounting principles and business management practices. It is ideal for learners who want to develop essential financial and business skills for professional growth.

The programme covers key areas such as financial accounting, management accounting, business operations, economics, and organisational management. Learners gain practical knowledge of financial decision-making, budgeting, and business performance analysis, helping them understand how organisations operate effectively in competitive markets.

This qualification is suitable for students, aspiring accountants, and business professionals seeking career development in finance and management. The OTHM Level 5 Extended Diploma in Accounting and Business supports progression to higher educational levels such as Level 6 business or accounting degrees. It also opens pathways to careers in accounting, auditing, finance, banking, and business administration in both UK and international job markets.

To enroll in the OTHM Level 5 Extended Diploma in Accounting and Business , learners are generally expected to meet the following entry requirements:

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).

Study Units

Level 4:6 Units

1. Academic Writing and Research Skills
2. Business and the Economic Environment
3. Principles of Financial Accounting
4. Quantitative Methods in a Business Context
5. Management Accounting
6. Leading and Managing Teams

Level 5:6 Units

1. Principles and Concepts of Business Strategy
2. Financial Management
3. Financial Planning and Control
4. Financial Reporting
5. The Management of Human Resources
6. Business Start-up; Conception to Market