OTHM Level 4 Foundation Diploma in Accounting and 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.

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.

Qualification structure

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.

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)

Progressions

Successful completion of the Level 4 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to relevant OTHM Level 5 Diplomas, including the Level 5 Diploma in Accounting and Business qualification. The Level 4 Diploma in Accounting and Business has been developed with career progression and professional recognition in mind. 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 2 of a three-year UK Bachelor’s degree programme.

ASSESSMENTS AND AWARD

  • Time-constrained scenario-based assignments
  • No examinations
  • 6-9 Month duration
  • Online method
  • Assignment submission only
  • No Exams Fee

OTHM Level 4 Foundation Diploma in Accounting and Business

 

Option 1: One off payment

Fee

£750

 

Option 2: Instalment Plan

Instalment Plan:

£150 deposit

4 monthly instalments of £175

Total= £850

All prices subject to VAT 20%