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OTHM Level 4 Diploma in Accounting and Business (RQF)

Awarding Body: OTHM

OTHM is an Ofqual regulated Awarding Organisation. This guarantees that all of their qualifications confirm to a high standard.

Unit Structure

Overview

Finance and Accounting are considered by many to be at the heart of business operations. From finance to the manufacturing industry, from micro-business to the global conglomerates, the ability to manage, account, and plan for finances are still considered the key driver of growth and ultimate measure of business success.

The goal of the OTHM Level 4 Diploma in Accounting and Business is to provide students with a core understanding of business and accounting in a wider business context, and encourage practical experience with cash flow and budget maintenance, industry-focused skills to manage finances, as well as a solid understanding of business growth.

Duration and Delivery

The qualification is designed to be completed over one academic year of full-time study. However, we accommodate for completely flexible delivery, so that students can schedule their learning around other commitments such as work or family. The qualification is delivered online through our Virtual Learning Environment.

Assessment and Verification

All units within this course are internally verified by our assessors and externally verified by OTHM. This course is criterion-referenced, based on specific learning outcomes. To achieve a “PASS” for a unit, a student must complete the learning outcomes to meet the assessment criteria set by OTHM.

Equivalences

This qualification presents practical skills, knowledge, competences, and capabilities that are comparable in academic terms as being equivalent to Year 1 of a three-year UK Bachelor’s degree or to a Higher National Certificate (HNC).

Progression

This course enables learners to get direct entry into OTHM Level 5 Diplomas, including the Level 5 Diploma in Accounting and Business Studies. As this Diploma is regulated and approved by Ofqual (Office of the Qualifications and Examinations Regulations), Learners can also get direct entry into year 2 of a three-year UK Bachelor’s degree programmes at the University of Portsmouth.

Quick Enquiry

  • Eligibility Criteria

    You should meet the following requirements:
    • The student should have a relevant GCE/GCSE or NQF/QCF/RFQ Level 3 Diploma/Award or equivalent qualification.
    • The student must be 18 or older at the time of enrollment
    • Students over 21 years are also advised to have management experience

  • English language requirement

    Learners are expected to have an English language proficiency of CEFR Level B2, this can be met in any one of the following ways:
    • Being a native English language speaker
    • Having achieved an IELTS 5.5 or equivalent
    • Having done your last two years of schooling in English
    • Passing our online English language test

Full Payment
Monthly Instalment

Standard

£990
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    18 Months
  • Re-registration charges after Maximum Duration
    £60
  • Tutor Support
    Unlimited
  • Standard Assessment Decision and Feedback
    Within 3-5 Working Days*
    *Average time taken for assessment feedback is 2.5 working days
  • Suitable for
    Professionals studying alongside their jobs, who do not require fast tracking.
  • Not suitable if
    You are certain that you won’t be able to study regularly to complete in the maximum timeframe suggested.

Fast Track

£1,090
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    18 Months
  • Re-registration charges after Maximum Duration
    £40
  • Tutor Support
    Unlimited – Priority
  • Fast Track Assessment Decision and Feedback
    Within 1-3 Working Days*
    *Average time taken for assessment feedback is 1.8 working days
  • Suitable for
    Fast track completion, fast tutor support, prompt assessor feedback
  • Not suitable if
    You are not able to devote extra time on the course because of work or personal commitments, as fast tracking is largely reliant on your own efforts.

Flexi

£1,190
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    30 Months
  • Re-registration charges after Maximum Duration
    £20
  • Tutor Support
    Unlimited – Priority
  • Flexi Assessment Decision and Feedback
    Within 2-3 Working Days*
    *Average time taken for assessment feedback is 2.5 working days
  • Suitable for
    Professionals who do not want any pressure to complete the course in the recommended duration.
  • Not suitable if
    You are able to study regularly every week and are confident to complete the course within the recommended duration.

Standard

£1,139
  • £113.85/Month
  • No. of instalments
    10
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    18 Months
  • Re-registration charges after Maximum Duration
    £60
  • Tutor Support
    Unlimited
  • Standard Assessment Decision and Feedback
    Within 3-5 Working Days*
    *Average time taken for assessment feedback is 2.5 working days
  • Suitable for
    Professionals studying alongside their jobs, who do not require fast tracking.
  • Not suitable if
    You are certain that you won’t be able to study regularly to complete in the maximum timeframe suggested.

Fast Track

£1,252
  • £125.24/Month
  • No. of instalments
    10
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    18 Months
  • Re-registration charges after Maximum Duration
    £40
  • Tutor Support
    Unlimited – Priority
  • Fast Track Assessment Decision and Feedback
    Within 1-3 Working Days*
    *Average time taken for assessment feedback is 1.8 working days
  • Suitable for
    Fast track completion, fast tutor support, prompt assessor feedback
  • Not suitable if
    You are not able to devote extra time on the course because of work or personal commitments, as fast tracking is largely reliant on your own efforts.

Flexi

£1,366
  • £113.85/Month
  • No. of instalments
    12
  • Recommended Duration
    Up to 12 Months
  • Maximum Duration Allowed
    30 Months
  • Re-registration charges after Maximum Duration
    £20
  • Tutor Support
    Unlimited – Priority
  • Flexi Assessment Decision and Feedback
    Within 2-3 Working Days*
    *Average time taken for assessment feedback is 2.5 working days
  • Suitable for
    Professionals who do not want any pressure to complete the course in the recommended duration.
  • Not suitable if
    You are able to study regularly every week and are confident to complete the course within the recommended duration.

Awarding body fee of £250 is payable by the learner to the awarding organisation within 14 days of starting the course. This will be collected from the learner and passed on to the awarding organisation for registration and certification purposes. The final certification you get is the same, regardless of your route. There are no strict deadlines for submitting individual coursework, allowing you room and flexibility to pace your studies; the only deadline is the overall course duration based on the option you selected above.

Why choose BSLM?

Instant Access to VLE

You can have instant access to the course; once you enrol on the course, you can start studying immediately.

Expert Tutor Support

Our courses are designed to provide a dedicated online tutor support to learners throughout the course for ongoing assistance.

Flexible Payment Plans

Flexible payment plans to suit your budget; pay fee in easy monthly instalments.

Accredited Certification

You will receive your accredited certificate and transcript at no additional cost from our approved awarding body.

Related Products

Frequently Asked Questions

What is the equivalence of this qualification?

This certification demonstrates practical abilities, knowledge, and competencies that are academically equivalent to Year 1 of a three-year UK bachelor’s degree or a Higher National Certificate (HNC).

What age must a Learner be to enrol in this course?

Learners must be 18 years or more.

What are the qualification Requirements to enrol in this course?

The Learner must possess a relevant NQF/QCF/RQF Level 3 Award/Diploma, or a GCE/GCSE-level or higher qualification, and other appropriate credentials. The student must also have relevant managerial experience if they are over 21.

What can I do next?

Learners who successfully complete the Level 4 Diploma in Accounting and Business have the option to advance academically, including the Level 5 Diploma in Accounting. The Level 4 Diploma in Accounting and Business is approved and regulated by Ofqual, and graduates are eligible for direct entrance into Year 2 of a three-year UK Bachelor’s degree programme.

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3 reviews for OTHM Level 4 Diploma in Accounting and Business (RQF)

  1. Nicholas Stokes

    BSLM offers the most impressive range of well reputed courses to the worldwide audience.

  2. Harrison Hewitt

    Business Management course is specifically designed to provide learners with an excellent foundation for building a professional career. Therefore, I have strengthened my skill sets through pursuing these wonderful range of OTHM courses.

  3. Tyler Burrows

    It’s a beneficial course for those who wishes to opt for diploma route and gain bachelor’s degree in accounts on exemption basis.

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Iqbal-Ahmad-1

Iqbal Ahmad

Academic Interest

Teachers training up to postgraduate level, assessment and quality assurance, management and leadership training.

Qualifications

Accounting and Finance

  • Certified Accounting Technician (CAT)
  • B.Sc (hons) in Applied Accounting from Oxford Brooked University
  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Institute of Management Accountants (CIMA)

Management and Leadership

  • Postgraduate Diploma in Management Studies from London International College
  • Master of Business Administration from Anglia Ruskin University
  • Level 7 Diploma in Education Management and Leadership
  • Doctorate candidate for DBA at University of the West of Scotland

Humanities

  • MA Abrahamic Religions from Heythrop College, University of London

Education and Training

  • Level 3 Award in Mathematics for Numeracy Teaching
  • Level 3 Certificate in Assessing Vocational Achievement
  • Level 4 Certificate in Leading the Internal Quality Assurance of Assessment
  • Level 5 Diploma in Education and Training
  • Postgraduate Certificate in Learning and Teaching in the Higher Education from Kingston University
  • Senior Fellowship of the Higher Education Academy (SFHEA)
Profile Summary

A keen learner myself, I am actively involved in a range of teachers training courses for the past few years all the way up to postgraduate level. I have extensive experience of dealing with the awarding organisation compliance because of a strong background in assessment and quality assurance. I have trained a wide range of teaching professionals working in a range of schools, sixth form colleges and in the higher education sector.

saheed-1

Saheed Arinola Ayinde

Academic Interest

Assessment and quality assurance in academia, business, accounting and finance lecturing, and teacher training.

Qualifications

Accounting and Finance

  • MBA in Accounting and Finance at the University of East London
  • BSc. (Hons) Accounting and Finance

Management and Leadership

  • MSc. International Business Management at the University of Gloucestershire

Education and Training

  • Fellow of Higher Education Academy (FHEA – Ref: PR134295)
  • Level 3 Education & Teaching Training (E & T/PTLLS)
  • Level 3 Training, Assessment, & Quality Assurance (TAQA)
  • Successfully mentored a Trainee on the PGCE/PCE Programme
Profile Summary

I have over 15 years’ experience in teaching and training. During this time, I have undertaken teacher training, been a lecturer and course supervisor for ICM, and cohort leader and lecturer for HND (BTEC-Pearson). I have taught business management units/modules at various levels (and awarding bodies) including Certificate, Diploma, Advance Diploma, and Foundation degree levels. I enjoy learning through continuous professional development and have achieved my Fellowship with the Higher Education Academy. I enjoy utlising my experience in training, assessment, and quality assurance to train the education professionals of the future.

Rahaman-Hasan

Rahaman Hasan

Academic Interest

Teachers training, assessment and quality assurance, quality assurance in academia, management and leadership training and research.

Qualifications

Education and Training

  • Senior Fellowship of the Higher Education Academy (SFHEA)
  • Preparing to Teach in the Lifelong Learning Sector (PTLLS)

Marketing

  • MA in Strategic Marketing, University of Greenwich, UK
  • BBA in Marketing, Independent University Bangladesh, Bangladesh

Management and Leadership

  • PhD in Entrepreneurship (passed viva), University of Essex, UK
  • MBA in General Management, University of Wales, UK
  • Diploma in Business and Admin, UK

Humanities

  • Social Entrepreneurship, University of Oxford, UK
Profile Summary

I am a PhD candidate (passed viva) at the University of Essex. My specialisation in PhD is Entrepreneurship. I am an active researcher with specific interest in Entrepreneurship, SME, Marketing and UK Higher Education (UKHE). I have over 14 years work experience in UKHE, which includes extensive experience of quality assurance in the sector. Furthermore, providing academic training to teaching professionals in the higher education sector is my passion.

francis-older-28

Francis Fitzgerald

Academic Interest

Accountancy and assessor training, as well as assessment and quality assurance.

Qualifications

Accounting and Finance

  • AAT Level 2 Foundation Certificate in Bookkeeping
  • AAT Level 3 Advanced Diploma in Accounting
  • AAT Level 4 Professional Diploma in Accounting

Education and Training

  • Level 3 Certificate in Assessing Vocational Achievement
  • Level 4 Certificate in Leading the Internal Quality Assurance of Assessment
Profile Summary

I have experience in the finance and accounting sector and utilise these skills to approach education in a methodical and logical manner. I am passionate about the advancement and implementation of efficient teaching and learning practices. I am responsible for centre liaison with awarding bodies to ensure compliance, and am advancing my skills in assessment and quality assurance through learning and on the job training.

carol

Coral Bishop

Academic Interest

Assessment and quality assurance for levels 2 to 5 in Teacher Training, Leadership and Management, Health and Social Care, Customer Service and Childcare.

Qualifications

Education and Training

  • Level 4 Certificate in Teaching and Education
  • Advanced Level 3 Apprenticeship in Learning & Development
  • Level 5 Certificate Learning for All (Open University E242)
  • 120hr TEFL certificate
  • D32/33 and 34 Assessor and IQA Awards

Customer Service

  • Level 3 NVQ Diploma in Customer Service

Health and Social Care

  • MAKATON LEVEL 1
  • TQUK Level 2 Certificate in Understanding the Safe Handling of Medication
  • Level 3 Health and Social Care

Childcare

  • L3 Diploma in Pre-School Practice
Profile Summary

I have worked in education for 34 years, in various guises. I managed a busy nursery for 12 years before branching out into Assessment and Quality Assurance, more than 20 years ago. My practice has developed alongside the ever-evolving training and apprenticeship sector, and I have worked in many different settings, including colleges, private training agencies and a foster care agency. I also work part time as a Higher-Level Teaching Assistant for a local charity that supports higher level education for young people with Special Educational and/or behavioural needs and as a tutor for a bespoke programme for one-to-one support. I really enjoy supporting learners of varying abilities and experience to achieve their best and to become qualified in their chosen field.