OTHM Level 4 Diploma in Accounting and Business, 120 credits (Online)

OTHM Level 4 Diploma in Accounting and Business is to provide learners with an understanding of accounting and business in the broader business context and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth. The learner will build the knowledge and skills required for a career in a wide range of businesses, where accounting and business literacy are key skills for managers at all levels.

Equivalence

OTHM qualifications at Level 4 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Higher National Certificates (HNC) and Year 1 of a three-year UK Bachelor’s degree programme.

Qualification Structure and Content

OTHM Level 4 Diploma n Accounting and Business consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 480 Guided Learning Hours (GLH) for the completed qualification.

6 Mandatory Units:

• The Accountant’s Environment (20 credits)
• Quantitative Methods (20 credits)
• Financial Accounting (20 credits)
• Management Accounting (20 credits)
• Management Concepts and Practice (20 credits)
• Business Economics (20 credits)

Progression

• OTHM Level 5 Diploma in Accounting and Business
• Direct entry into Year 2 of a three-year UK Bachelor’s degree programme.