Qualification Structure

The OTHM Level 7 Diploma in Accounting and Finance is an Ofqual-regulated qualification accredited on the Regulated Qualifications Framework (RQF). The qualification consists of six mandatory units, carrying a combined total of 120 credits, with a Total Qualification Time (TQT) of 1200 hours and 600 Guided Learning Hours (GLH).

Assessment for the OTHM Level 7 Diploma in Accounting and Finance is conducted on a Pass/Fail basis. Learner work is internally assessed and verified by the approved centre, with external quality assurance provided by OTHM-appointed External Quality Assurers to ensure compliance with OTHM quality standards.

To achieve the qualification, learners must successfully complete all six mandatory units.

Core Study Units

Unit 1: Investment Analysis

1. Understand different types of securities.
2. Understand the regulation of security trading and new issues in world markets.
3. Be able to apply principles of investment theory, securities and market analysis.
4. Understand the principles of taxation.
5. Understand the laws and regulations controlling the financial services industry.
6. Be able to plan, manage and review client portfolios.

Unit 2: Corporate Social Responsibility and Governance

1. Understand laws and practices in a national and international context.
2. Understand the nature and importance of corporate governance and ethical behaviour.
3. Be able to assess the impact of financial reporting on a business organisation’s stakeholders.
4. Understand the principal approaches of governance and assessment of risk.
5. Be able to communicate complex issues in CSR and governance.

Unit 3: Global Finance and Strategy

1. Understand the concept of globalisation.
2. Understand the impact of the global business environment on national and multinational business organisations.
3. Be able to construct strategies that will result in the enhancement of organisational value.
4. Be able to evaluate the financial consequences of strategic decisions.
5. Understand appropriate sources of finance.
6. Be able to review techniques to manage global risk.
7. Be able to assess potential investment decisions and global strategies.

Unit 4: Strategic Financial Management

1. Understand the significance of strategic management and decision making to the performance of a business organisation.
2. Understand key financial theories.
3. Be able to apply stakeholder analysis and corporate valuation techniques.
4. Understand the role of culture in strategic decision making.
5. Understand performance measurement systems.

Unit 5: Strategic Audit

1. Understand historic and current auditing processes and procedures.
2. Understand the importance of legal and professional requirements when completing an audit.
3. Understand audit strategy.
4. Understand the risk involved in the audit process.
5. Understand current developments in auditing.

Unit 6: Corporate Reporting

1. Understand the accounting and finance regulatory framework.
2. Understand accounting concepts, principles and theories.
3. Be able to prepare and interpret accounting information.
4. Be able to review specific policies, practices and regulations within corporate accounting.

Who Is This Qualification For?

The OTHM Level 7 Diploma in Accounting and Finance is designed for professionals and qualified individuals seeking advanced knowledge and career progression in accounting, finance and related sectors. According to the official OTHM specification, it is particularly suitable for individuals aiming to pursue high-level careers in financial services, professional accountancy, banking, finance and management.

• Accounting and finance professionals seeking advanced specialist knowledge
• Finance managers and senior accounting professionals preparing for strategic roles
• Banking and financial services professionals seeking career progression
• Accountants looking to strengthen expertise in corporate reporting, audit and financial management
• Investment and portfolio management professionals developing advanced analytical skills
• Finance graduates progressing towards senior professional responsibilities
• Business managers responsible for financial strategy and decision-making
• Professionals working in corporate finance and financial planning
• Individuals seeking expertise in global finance and investment analysis
• Experienced managers progressing into senior leadership positions
• Professionals seeking a qualification aligned with advanced accounting and finance practice
• Individuals planning progression to relevant Master's-level study, subject to university requirements

Career Opportunities

The OTHM Level 7 Diploma in Accounting and Finance prepares learners for senior and strategic roles in accounting, finance, banking and business across a wide range of industries. The qualification develops advanced expertise in financial management, investment analysis, corporate reporting, strategic audit, global finance, corporate governance and financial decision-making, enabling graduates to analyse complex financial information, support strategic business decisions, manage financial risks and contribute to effective organisational performance. It is highly relevant to sectors such as banking, financial services, accountancy, investment management, corporate finance, insurance, professional services, manufacturing, retail, healthcare, government and consultancy.

Future Progression

The OTHM Level 7 Diploma in Accounting and Finance provides learners with a strong foundation for career advancement into senior accounting, finance and strategic management roles. The qualification supports progression across industries such as banking, financial services, accountancy, investment, insurance, manufacturing, retail, healthcare, government, professional services and consultancy, where advanced accounting and financial expertise is highly valued.

Academically, learners may progress to relevant postgraduate qualifications, including a Master's degree or other advanced study in accounting, finance, business, or related disciplines, subject to the entry requirements of the receiving institution. The Level 7 qualification also supports continuous professional development (CPD) and further specialist learning in areas such as financial management, investment analysis, corporate reporting, auditing, governance and risk management.

Professionally, this diploma can support progression into roles such as Financial Manager, Financial Analyst, Investment Analyst, Financial Controller, Audit Manager, Corporate Reporting Manager, Risk and Compliance Manager, Management Accountant, Treasury Manager and Corporate Finance Manager. The advanced knowledge and strategic skills developed through this qualification enable learners to interpret complex financial information, support informed business decisions, strengthen financial governance and contribute to organisational performance across UK and international markets.