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Accounting and Finance Level-5

OTHM Level 5 Diploma In Accounting And Business

Awarding Body: OTHM 8-10 Months 120 Credits 100% Online

The OTHM Level 5 Diploma in Accounting and Business course aims to provide you with the knowledge and skills required by a middle manager in an organisation that may be involved in business strategy, financial management, financial reporting, financial planning/control and human resource management. This course equips you to integrate knowledge and skills, learn about the world of business start-ups, and learn how to develop a business plan.

The course covers several modules, which give you a solid understanding of various topics. The course provides you with an overview of the understanding of accounting and business in the broader business context and provides you with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively and to play a key role in business growth. You will be able to 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.

The successful completion of this course equips you with the underpinning knowledge and skills required to succeed in employment or further studies.

At a Glance
Who is it for?
Individuals who want to build the knowledge and practical skills needed to take on greater responsibility across accounting and business functions.
Avg. Completion Time
8-10 Months, studying at your own flexible pace.
Support Period
12 Months full access to the course and support.
All-Inclusive Fees
Course fees cover all costs including assessment and registration.
Course Materials
Learning resources and study guides developed by approved tutors.
Elevate Grade
Comprehensive assessment feedback from your tutor to elevate your knowledge.
Personal Tutor Meeting
Schedule online personal tutor meetings whenever you want.
Flexible Learning
Study from anywhere at your own pace, 100% online.
Study Method
Study 100% online, at your own pace, from anywhere in the world.
Dedicated Tutor Support
Unlimited support from subject matter-expert tutors.
Dedicated Support Desk
Raise queries, request tutor support and ask for a callback.
Unlimited Live Classes
Schedule on-demand live online classes for each module.
Why study OTHM Level 5 Diploma In Accounting And Business?

The Level 5 Diploma in Accounting and Business equips you with the knowledge and understanding of the knowledge that constitutes the accounting and business discipline. As accounting and finance are at the heart of business operations, you will be introduced to the various modules, giving you a solid understanding of the related topics. You will understand the theories, principles, and concepts of business strategy. This course equips you with knowledge of financial management, planning, and control.

Upon completing this course, you will be able to:

  • Gain a recognised qualification from an internationally recognised awarding organisation.
  • Develop new skills and knowledge that can be immediately applied.
  • Prepare for higher-level positions in management through personal and professional develop as a leader who thrives in complex and globally diverse environments.
  • Progress to a wide range of undergraduate programmes, including OTHM Level 6 Diploma in Accounting and Business. 
  • Gain direct entry into the final year of a three-year UK Bachelor’s degree.
What is included in OTHM Level 5 Diploma In Accounting And Business?
Learning Resources
Comprehensive learning resources and study guides developed by expert tutors, covering all key aspects of the syllabus.
Dedicated Tutor Support
Unlimited dedicated support from subject matter-expert tutors throughout the duration of your studies.
Personal Tutor Meetings
Schedule online personal tutor meetings whenever you want for guidance, support and encouragement.
Dedicated Support Desk Portal
Raise queries, request tutor support and ask for a callback whenever you need guidance and assistance.
Elevate Grade
Your tutors will provide formative assessment feedback for each module, helping you improve your achievements throughout the course.
All-Inclusive Fees
All assessment and registration fees are included in the course fee. No hidden costs.
24-Hour Portal Access
24-hour access to the MyLearnDirect online learning portal for studying at your convenience.
12-Month Support Period

 Full access for 12 months from enrolment.

Who is it for?

 The OTHM Level 5 Diploma in Accounting and Business is designed for individuals seeking to develop the intermediate knowledge and practical skills needed to take on more technical and supervisory responsibility within accounting and business.

  • Accounts and business support staff looking to progress into more technical roles.
  • Individuals with foundational accounting knowledge who want to deepen their expertise.
  • People considering a move into financial analysis or business management.
  • Employees seeking a recognised qualification to support career progression in accounting and business.
Experienced Accounts Staff Aspiring Financial Analysts Middle-Level Business Professionals Career-Progressing Finance Staff
Course Benefits

By completing this certification course, you will be able to:

  • Develop knowledge and skills to contribute to an organisation’s strategy development and implementation.
  • Develop knowledge of key financial theories, working capital management, and the skills to review techniques for managing an organisation’s global financial risk.
  • Develop the skills to assess the potential investment opportunities and the associated risks of implementing global financial strategies.
  • Develop skills in managing an organisation’s business assets and preparing a range of standard financial reports required to present the financial position of an organisation.
  • Understand modern development in human resource management function in a business.
  • Understand sources of support available to new businesses.

Why Choose OTHM Qualifications at SBTL?

OTHM is a UK awarding organisation approved and regulated by Ofqual, and it holds full membership of the Federation of Awarding Bodies (FAB). Through a network of delivery centres spanning multiple countries, OTHM provides internationally recognised qualifications across a wide spread of professional and vocational fields. Through its academic partnerships in the UK and abroad, OTHM helps graduates boost their career prospects and move on to degree and Master's top-up study at universities around the world.

Key reasons to choose OTHM Qualifications:

  • Ofqual Regulated — As a qualification regulated by Ofqual, OTHM awards are held to the highest national standards set for England.
  • FAB Member — Membership of the Federation of Awarding Bodies reflects OTHM's ongoing commitment to quality and credibility within vocational education.
  • University Progression — Graduates can use OTHM qualifications to gain entry onto degree and Master's top-up courses at universities internationally.
  • Globally Recognised — A network of academic partnerships across the UK and overseas means OTHM qualifications hold weight with employers and institutions alike.
  • Broad Subject Coverage — Programmes span areas such as Business Management, Health and Social Care, HR, IT, Logistics, Project Management, and Strategic Leadership.
  • Rigorous Quality Standards — Every qualification is built and awarded to consistently high standards of integrity and academic rigour.
  • WES Recognised — Recognition by World Education Services (WES) supports international credit transfer and graduate mobility.
Pathways & Progression
Academic Pathway
Progress to Level 7
  • OTHM Level 7 Diploma in Accounting and Business
  • Direct progression on successful completion
Professional Recognition
Ofqual-regulated UK qualification
  • RQF-aligned recognised internationally.
  • Progression opportunities to UK and international university top-up degrees.
  • Supports career and academic advancement.
Career Growth
Career Pathways
  • Financial Analyst
  • Business Finance Manager
  • A stepping stone towards senior finance and business leadership roles.
Industry Recognition
Professional Certification
  • Ofqual-regulated RQF Level 5 qualification
  • Awarded by Ofqual Recognised Awarding Body OTHM Qualifications
  • Valued by employers across the UK and internationally
Career Paths
Financial Analyst
Middle-Level Management Role
Analyse financial data and provide insight to support business decision-making.
Business Finance Manager
Middle-Level Management Role
Manage financial planning and reporting to support wider business strategy.
Accounts Team Leader
Middle-Level Management Role
Oversee a small accounts team and support accurate financial reporting.
Entry Requirements

 To enrol in the OTHM Level 5 Diploma in Accounting and Business, learners must meet the following entry requirements.

  • Age Requirement

    Be 18 years of age and over.

  • Prior Qualification & Experience

    A previous Level 4 qualification or relevant management experience is required.

  • Course Capability

    Possess the ability to complete the Level 5 course.

  • English Language

    The course is offered in English. You must possess considerable competency in English.

Assessment

For each module you study, you will complete a written assignment of approximately 1,000-2,000 words and submit it online via your MyLearnDirect learning portal. The guideline word count for units within this qualification varies depending on the size and content of the unit, thus we kindly ask you to refer to your assessment brief and guidelines for each unit.

Written Assignment
Per Module
1,000-2,000 Words
Per assignment
Online Submission
Via MyLearnDirect
Tutor Assessed
Expert assessment
Syllabus

This course consists of 6 mandatory units for a combined total of 120 credits.

Learners must request before enrolment to interchange unit(s) other than the preselected units shown in the SBTL website because we need to make sure the availability of learning materials for the requested unit(s). SBTL will reject an application if the learning materials for the requested interchange unit(s) are unavailable.

Click on each unit below to read a summary of the learning outcomes.
1
A/650/2356
Principles and Concepts of Business Strategy
200 TQT 20 Credits

Aims of unit

Simply put, strategy is about putting a business in the best place possible to gain competitive advantage in its target market. However, to achieve competitive advantage requires research, analysis, interpretation and strategic decision making. The aim of this unit is to develop learner’s knowledge and skills so they are in a strong position to contribute to an organisation’s strategy development and implementation.

2
F/650/1917
Financial Management
200 TQT 20 Credits

Aims of unit

The aim of this unit is to provide learners with knowledge of key financial theories and working capital management, and the skills to review techniques for managing an organisation’s global financial risk.

3
H/650/1151
The Management of Human Resources
200 TQT 20 Credits

Aims of unit

The ability to attract, develop and retain talented employees is a key factor in a business’s success. Human resource management has its focus on supporting and enhancing business success and performance through its strategic vision and operational functions. The aim of this unit is to introduce learners to the key human resource management principles and concepts so they can support a sustainable approach to people management through an understanding of the purpose and scope of the human resource management function.

4
H/650/1918
Financial Planning and Control
200 TQT 20 Credits

Aims of unit

The aim of this unit is to provide learners with knowledge of the financial planning and control function in business with reference to corporate financial planning, accessing sources of business finance and the risks of operating in global capital markets. The unit also considers the role of corporate governance in monitoring the financial management function in a business. Learners will develop the skills required to assess the potential investment opportunities and the associated risks of implementing global financial strategies.

5
J/650/1919
Financial Reporting
200 TQT 20 Credits

Aims of unit

The aim of this unit is to develop learners’ skills in managing an organisation’s business assets and preparing a range of standard financial reports required to present the financial position of an organisation. They will also explore the conceptual frameworks for financial reporting and how they are related to the reporting of financial information.

6
M/650/1155
Business Start-up: Conception to Market
200 TQT 20 Credits

Aims of unit

Many people dream of setting up their own business but are not aware of what is required, what support is available and what personal qualities are required. The aim of this unit, therefore, is to consolidate previous learning where learners employ the knowledge and skills of disciplines such as marketing and management to produce a viable business plan.

Study Mode

Our online learning gives you the flexibility to study when and where you want, with rich online learning resources and study guides developed by our expert tutors to provide structure, keep you motivated, and strengthen your understanding of the subject.

If you want a high level of structured guidance and support but can't attend scheduled live classes, then online learning is the perfect study method. You study at your own pace and set your own flexible schedule. We are dedicated to offering extensive learning support to simplify your learning journey, so we provide the option to schedule online personal meetings with your tutor at your convenience.

Our simplified online learning facilitates you to achieve high career growth without stress and dilemmas.

What's included in our online learning?
Learning Resources
Comprehensive learning resources and study guides developed by expert tutors which cover all the key aspects of the syllabus.
Tutor Support
Dedicated support from expert tutors throughout the duration of your studies.
Personal Tutor Meetings
Schedule online personal tutor meetings whenever you want, which will help you get the most out of your studies and provide guidance, support, and encouragement.
Dedicated Support Desk Portal
You can raise queries, request tutor support and ask for a callback whenever you need guidance and assistance.
Elevate Grade
Your tutors will provide formative assessment feedback for each module, helping you improve your achievements throughout the programme.
Quality Learning Resources
Quality learning resources developed by expert tutors, which include learning pathway materials, lecture notes, study guides, case studies, etc., enabling you to apply your knowledge.
Assessment Resources
We offer comprehensive assessment resources and assessment guidelines to support you through each module.
Resources & Support

We are committed to providing unwavering support throughout your educational journey. Our dedicated support team is a crucial link between tutors and learners, ensuring that guidance, assessment feedback, and additional study assistance are delivered promptly and effectively.

Induction
Online and flexible learning induction to help you settle in and prepare for your online studies.
Tutor Support
Dedicated support from expert tutors throughout the duration of your course.
Personal Tutor Meetings
Schedule online personal tutor meetings whenever you want for guidance, support and encouragement.
Dedicated Support Desk Portal
Raise queries, request tutor support and ask for a callback whenever you need guidance and assistance.
Elevate Knowledge
Your tutors will provide formative assessment feedback for each module, helping you improve throughout the course.
Quality Learning Resources
Learning pathway materials, lecture notes, study guides, case studies and more.
Assessment Resources
Comprehensive assessment resources and assessment guidelines provided.
Study Guides
Structured study guides for every unit, keeping you on track and strengthening your understanding as you progress.
Why should I choose SBTL?

We focus on providing a sophisticated, flexible learning experience. Our courses are designed with 100% online learning so your studies fit around your full-time work and other commitments, letting you study from anywhere, at your own pace.

You'll also get dedicated tutor support, scheduled personal tutor meetings whenever you need them, and access to our Dedicated Support Desk portal to raise queries or request a call back.

How does online learning work at SBTL?

Our online learning gives you the flexibility to study when and where you want, with rich online learning resources and study guides developed by our expert tutors to provide structure, keep you motivated, and strengthen your understanding of the subject.

If you want a high level of structured guidance and support without attending scheduled classes, then online learning is the perfect study method for you. You study at your own pace and set your own flexible schedule. Our simplified online learning helps you achieve high career growth without stress and dilemmas.

You can schedule online personal tutor meetings whenever you want, which will help you get the most out of your studies and provide guidance, support and encouragement. When it comes to support, we have a dedicated support desk team so you can raise queries, request tutor support, and ask for a callback whenever you need guidance or assistance.

How will I get tutor support and other guidance?

You will have access to unlimited dedicated tutor support through our centralised Support Desk portal. You can schedule personal tutor meetings whenever needed and raise queries via the MyLearnDirect learning portal at any time.

  • Constructive formative feedback on every assignment to help you improve
  • Guidance on the proposed structure of your work
  • Regular discussion of your assignment progress throughout the course
  • Guidance on presentation — title page, contents, pagination, footnotes and Harvard referencing

What are the payment methods?

The fee can be paid in either of the following methods:

Debit Card/Credit Card

PayPal

Bank Transfer

Do you offer a monthly payment plan?

Yes. We offer flexible, low-cost and interest-free payment plans across all our courses and study methods, so you can spread the cost monthly and focus on learning.

Can I interchange the units?

As an approved centre, SBTL preselects the units for each course from those listed in the awarding body's specification, and the preselected units are shown on every course's details page.

If you'd like different units, you must request this before enrolment so we can confirm the learning resources are available. Once enrolment is complete, unit interchange requests can no longer be accommodated.

What are the steps I need to follow once I decide to join you?

              
1
Select your course — choose the course you want to pursue, making sure you meet the entry requirements.
              
2
Enrol — submit your order application via our website or by emailing admission@sbusinesslondon.ac.uk, then pay online or by bank transfer, as a single payment or in monthly instalments.
              
3
Get portal access — once payment and a compliance check (ID and eligibility) are complete, you'll receive your MyLearnDirect login, usually within 48 hours.
              
4
Induction — a comprehensive online induction helps you settle in and prepare for your studies.
              
5
Dedicated tutor — your allocated tutor and our academic support team assess your work and provide formative feedback before final submission.
              
6
Assessment — marks and grades are published via MyLearnDirect once your final submission is made.
              
7
Certification — receive your accredited certificate on successful completion, ready to progress your career or enrol on your next course with us.
            

What does the allocated tutor provide to me? 

  • Provide you with comprehensive guidance and support from start to finish of your course through the support desk portal.
  • Our tutors don't just provide academic support; throughout your learning journey, they strive to build confidence, foster aspiration, and encourage a love for learning
  • Offer constructive formative feedback on your assignments, which can help you to improve your assignments. 
  • Offer guidance on the proposed structure.
  • Discuss the progress of your assignments with you during the course.
  • Provide guidance on presentation, such as the title page, contents page, pagination, footnoting and Harvard Referencing.

Are OTHM courses accredited?

OTHM qualifications are Ofqual-regulated which combine academic credibility and international progression opportunities. OTHM is a UK-based Awarding Organisation and a full member of the Federation of Awarding Bodies (FAB), reflecting its established role within the UK vocational education sector.

OTHM qualifications can provide opportunities for progression to degree and Master's top-up programmes at universities in the UK and overseas, subject to the requirements of the receiving institution and the specific qualification. OTHM also offers qualifications across areas including Business Management, Health and Social Care, Human Resource Management, Information Technology, Logistics, Project Management and Strategic Management and Leadership.

Does my course have any deadlines?

It is a purely online course that allows you to complete the learning at your own pace. You are required to complete your course within the support duration specified for each course. You should inform the admissions advisor during enrolment if you need additional time. The course duration varies for each course depending on the credit requirement. Please see the duration below:

  • Courses with 60 credits – 10 months
  • Courses with 120 credits – 12 months
  • Courses with 240 credits – 18 months