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DIPLOMA IN ACCOUNTING & BUSINESS 

Overview

Accounting and finance are at the very heart of business operations. From banking to manufacturing, from huge service industries to micro businesses, the ability to manage, plan and account for money is still the ultimate measure of business success and the key driver of growth.

 

The objective of the OTHM Level 4 Diploma in Accounting and Business qualification 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

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Entry requirements

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  • Relevant NQF/QCF/RQF Level 3 Award/Diploma or at the level of GCE/GCSE or equivalent qualification

  • Mature learners (over 21) with management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)

  • Learner must be 18 years or older at the beginning of the course

  • English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency.

 
Equivalences

OTHM qualifications at RQF 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.

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Qualification structure
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The OTHM Level 4 Diploma in 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.

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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)

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Duration and delivery

The qualification is designed to be delivered over 6 months for full-time study, but it is also flexible in its delivery in order to accommodate part-time and distance learning. The qualification is delivered face-to-face, through lectures, tutorials, seminars, and distance/online learning

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