In a rapidly evolving business environment, advancing your knowledge and skills is crucial for career progression and organizational impact. The OTHM Level 5 Extended Diploma in Business Management offers a comprehensive and practical approach to mastering key management principles and practices. This qualification is specifically designed for individuals aiming to enhance their managerial capabilities and drive business success.
The OTHM Level 5 Extended Diploma in Business Management stands out as a premier qualification for aspiring managers and business professionals. It provides a robust foundation in core business management areas, equipping participants with the strategic and operational skills necessary to excel in today’s competitive business landscape. The diploma is ideal for those looking to advance their careers, pursue higher education, or develop a deeper understanding of business management.
The OTHM Level 5 Extended Diploma emphasizes practical application through case studies, real-world scenarios, and project work. This hands-on approach ensures that participants can apply theoretical knowledge to practical situations, enhancing their problem-solving and decision-making skills. The program is designed with flexibility in mind, allowing professionals to balance their studies with work and other commitments.
Flexibility is key to balancing your educational aspirations with your personal and professional commitments. With our range of flexible learning options, including online courses and part-time study programs, you have the freedom to tailor your learning journey to suit your lifestyle. Seize the opportunity to embark on a transformative educational experience that will propel your career to new heights. Enroll in the OTHM Level 5 Extended Diploma in Business Management and unlock the door to a world of endless possibilities. Your journey to success begins here.
The OTHM Level 5 Extended Diploma in Business Management is a distinguished qualification designed for individuals seeking to advance their managerial skills and business acumen. This comprehensive program provides an in-depth exploration of core business management principles, offering a strategic perspective on effectively managing and leading within contemporary business environments.
The curriculum covers a wide range of essential topics, including strategic management, organizational behavior, financial management, and marketing. Participants will develop a robust understanding of how to craft and implement effective business strategies, manage organizational dynamics, and apply financial and marketing principles to drive business success. The diploma also addresses critical areas such as human resource management, operations management, and corporate social responsibility, equipping learners with a holistic view of business management.
Emphasizing practical application, the course integrates real-world case studies and project work to bridge theoretical knowledge with hands-on experience. This approach ensures that participants can effectively apply learned concepts to real-life business scenarios. The program is designed with flexibility to accommodate working professionals, enabling them to enhance their expertise while managing their career and personal commitments.
By completing the OTHM Level 5 Extended Diploma in Business Management, participants will gain the advanced skills and strategic insights necessary to excel in senior management roles and contribute significantly to their organizations’ growth and success.
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.
To achieve the OTHM Level 5 Extended Diploma in Business Management, learners must achieve 240 credits, of which 120 credits are at Level 4 (6 units) and 120 credits are at Level 5 (6 units).
Level 4:6 Units
| Sr# | Unit Title | Credit Hours |
|---|---|---|
| 1 | Academic Writing and Research Skills | 20 |
| 2 | Business Operations | 20 |
| 3 | Communication in Business | 20 |
| 4 | Finance and Accounting | 20 |
| 5 | Leading and Managing Teams | 20 |
| 6 | Operating in a Global Context | 20 |
Level 5:6 Units
| Sr# | Unit Title | Credit Hours |
|---|---|---|
| 1 | Principals and Concepts of Strategy | 20 |
| 2 | The Management of Human Resources | 20 |
| 3 | Marketing for Managers | 20 |
| 4 | Business Law for Managers | 20 |
| 5 | Management Accounting for Decision Making | 20 |
| 6 | Business Start-up; Conception to Market | 20 |
The OTHM Level 5 Extended Diploma in Business Management is ideally suited for individuals from diverse backgrounds and career stages who aspire to excel in the field of business management. This course is tailored for:
- Aspiring Business Leaders: Individuals with a keen interest in business management who aspire to pursue leadership roles within organizations.
- Graduates and Professionals: Recent graduates and working professionals seeking to enhance their knowledge and skills in business management to advance their careers.
- Entrepreneurs: Business owners and aspiring entrepreneurs looking to develop a strong foundation in business management to effectively lead and grow their ventures.
- Career Changers: Individuals considering a career change into the field of business management who wish to acquire the necessary qualifications and expertise.
- Managers and Supervisors: Current managers, supervisors, and team leaders aiming to enhance their managerial abilities and broaden their understanding of business operations.
- Those Seeking Professional Development: Professionals in various industries who wish to expand their skill set and improve their career prospects by gaining expertise in business management principles and practices.
- Individuals Interested in Further Education: Those interested in pursuing further studies in business-related disciplines, including bachelor’s or master’s degrees, upon completion of the diploma program.
The OTHM Level 5 Extended Diploma in Business Management caters to individuals who are passionate about business and management and are eager to acquire the knowledge, skills, and qualifications necessary to succeed in today’s competitive business environment.
Learning outcomes of the OTHM Level 5 Extended Diploma in Business Management
Academic Writing and Research Skills
- 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.
Business Operations
- 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.
Communication in Business
- 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.
Finance and Accounting
- 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.
Leading and Managing Teams
- 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.
Operating in a Global Context
- 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.
Principles and Concepts of Strategy
- 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
The Management of Human Resources
- 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
Marketing for Managers
- 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.
Business Law for Managers
- Undertsnadgeneric business law
- Understand legal and justice systems within a business context.
- Understandkey businessrelated laws.
- Understand how laws impact on businesses.
Management Accounting and Decision Making
- 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.
Business Start-up: Conception to Market
- 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.
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Fee Structure for OTHM Level 5 Extended Diploma in Business Management
Future Progression
Successful completion of the OTHM Level 5 Extended Diploma in Business Management provides learners the opportunity for a wide range of academic progressions including the OTHM Level 6 Diploma in Business Management qualification.
As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into Year 3 of a three-year UK Bachelor’s degree programme.
