OTHM Level 6 Diploma in Accounting and Business
Are you ready to unlock the door to limitless career possibilities in the dynamic realms of accounting and business management? Look no further than the OTHM Level 6 Diploma in Accounting and Business, your gateway to success in the ever-evolving world of finance and commerce.
In today’s competitive business landscape, organizations demand skilled professionals who possess advanced knowledge and expertise in accounting principles and broader business management strategies. The OTHM Level 6 Diploma is meticulously designed to equip you with the comprehensive skills and competencies needed to thrive in diverse roles within the financial and business sectors.
What sets the OTHM Level 6 Diploma apart? It’s more than just a qualification – it’s a transformative learning experience that empowers you to excel in accounting and business management roles with confidence and proficiency. Our cutting-edge curriculum covers a wide range of essential topics, including financial accounting, management accounting, financial management, business law and ethics, strategic business planning, corporate governance, auditing and assurance, and taxation.
Through immersive case studies, practical projects, and interactive learning experiences, you’ll gain valuable insights into real-world accounting and business scenarios. Our experienced faculty members, who are industry experts, provide personalized guidance and mentorship to ensure you acquire practical skills that are highly relevant and applicable in today’s competitive business environment.
But the benefits of the OTHM Level 6 Diploma extend beyond the classroom. With your newfound knowledge and skills, you’ll be prepared to pursue a variety of rewarding career opportunities in accounting, finance, and business management roles across diverse industries and sectors. Whether you aspire to become a financial analyst, management accountant, auditor, tax consultant, or business manager, the OTHM Level 6 Diploma provides you with the tools and expertise to succeed.
But don’t just take our word for it – join the ranks of our successful graduates who have gone on to secure prestigious positions and make significant contributions to the financial and business sectors. With the OTHM Level 6 Diploma in Accounting and Business, the possibilities are endless. So why wait? Seize the opportunity to elevate your career and embark on a journey to success with OTHM today!
For entry onto the OTHM Level 6 Diploma in Accounting and Business qualification, learners must possess:
- Relevant NQF/QCF/RQF Level 5 diploma or equivalent recognised 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.
Mandatory Units
The OTHM Level 6 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
Learning outcomes for OTHM Level 6 Diploma in Accounting and Business
Corporate and Business Law
- Understand key elements of the English legal system.
- Understand English legislation relating to anticompetitive practices.
- Understand intellectual property rights.
- Understand the legal relationship between business organisations and their consumers.
- Understand the legal background relating to limited companies.
Business Performance Measurement
- Understand the principles of performance measurement.
- Understand performance analysis in for profit and notfor-profit organisations
- Understand specialist cost and management accounting techniques.
- Understand performance measurement reporting.
Financial Securities Markets
- Understand different types and trading of securities.
- Understand principles of investment theory, securities and market analysis.
- Understand the legislation and regulation controlling the financial services industry.
Audit and Assurance
- Understand internal audit principles.
- Understand current external audit legal and professional requirements. Understand the risk involved in the external audit process.
- Understand current external auditing practice.
Business Research Project
- Be able to propose a research project in a business and management context.
- Be able to prepare a research plan and conduct a literature review.
- Be able to carry out research according to the chosen research specification.
- Be able to evaluate research and present results and conclusion.
Investment and Risk Management
- Understand the principles of financial market trading and investment
- Understand the theory of financial market trading and investment
- Understand risks associated with market trading and investment
The OTHM Level 6 Diploma in Accounting and Business is ideally suited for a diverse range of individuals who are seeking to advance their careers and excel in the fields of accounting, finance, and business management. This course is tailored for:
- Aspiring Accountants: Individuals who aspire to pursue careers as professional accountants and financial analysts, and seek to acquire the necessary knowledge and skills to succeed in the accounting and finance sectors.
- Business Professionals: Experienced professionals working in various business sectors who wish to enhance their understanding of accounting principles, financial management techniques, and business strategies to advance their careers and contribute more effectively to their organizations.
- Graduates with Accounting Background: Recent graduates with degrees in accounting or related fields who wish to further their education and obtain specialized qualifications in accounting, finance, and business management to enhance their employability and career prospects.
- Career Changers: Individuals from diverse backgrounds who are considering a career transition into the fields of accounting, finance, or business management, and seek comprehensive training and qualifications to support their career aspirations.
- Entrepreneurs and Business Owners: Entrepreneurs and small business owners who aim to strengthen their financial management skills, understand business performance metrics, and make informed decisions to drive the growth and success of their ventures.
- Professionals Seeking Professional Development: Professionals committed to continuous learning and professional development who recognize the importance of acquiring advanced accounting, finance, and business management knowledge and skills to remain competitive and adaptable in today’s dynamic business environment.
Future Progression
Upon successful completion of the Level 6 Diploma in Accounting and Business, learners unlock a plethora of academic opportunities, including advancement to relevant OTHM Level 7 Diplomas. Crafted with a focus on career advancement and professional recognition, this qualification serves as a springboard for learners’ professional growth. Recognized and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), the Level 6 Diploma in Accounting and Business enables learners to seamlessly transition into relevant Master’s degree programs, solidifying their academic credentials and opening doors to future career prospects.
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FAQs for OTHM Level 6 Diploma in Accounting and Business
