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OTHM Level 5 Diploma in Accounting and Business (RQF)


Monthly instalment starts from £49* For details Click Here

GLH 480 TQT 1,200 Units 6 Credits 120

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.

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Reviews (2)


Finance and Accounting are often considered to be at the heart of business operations. Within the manufacturing industry, micro-business, and large businesses, the ability to manage, account, and plan for finances are still considered the key driver of growth and the ultimate measure of business success.

The objective of the Level 5 Diploma in Accounting and Business is to provide learners with core knowledge and skills required by middle managers in any organisation that are often involved in financial planning & control, financial management, taxation, financial reporting, and people management.

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.


The Level 5 OTHM qualification teaches practical skills, knowledge, competences, and capabilities that are comparable in academic terms as being equivalent to Year 2 of a three-year UK Bachelor’s degree or to a Higher National Diploma (HND).


Successful completion of this course enables the learners to get direct entry into OTHM Level 6 Diplomas, including the Level 6 Diploma in Business Management. As this Diploma is regulated and approved by Ofqual (Office of the Qualifications and Examinations Regulations), Learners can get direct entry into year 3 of a three-year UK Bachelor’s degree programs at University of Portsmouth.

Unit 1: Business Ethics and Corporate Social Responsibility

Unit 2: Financial Management

Unit 3: Financial Planning and Control

Unit 4: Financial Reporting

Unit 5: Taxation Principles and Practices

Unit 6: People Management

For entry into this course, students must meet the following criteria:

  • Have a relevant GCE/GCSE or NQF/QCF/RFQ Level 4 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 English language proficiency of CEFR Level B2, this can be met in any one the following ways:

  1. Being a native English language speaker
  2. Having achieved IELTS 5.5 or equivalent
  3. Having had your last two years of schooling in English
  4. Passing our online English language test

How we deliver our courses?

Instalment Plan

Course name Instalment per month Total Monthly Instalments Total Fee
OTHM Level 5 Diploma in Accounting and Business £49 21  £1,029



*The instalment price may vary from the lump-sum price because of promotional offers. If you choose to pay by instalments, the lump-sum price won’t be relevant in any way.

Please be advised that you will need to pay all outstanding instalments before being eligible to claim you certification.

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2 reviews for OTHM Level 5 Diploma in Accounting and Business (RQF)

  1. Zara Lambert

    One of the most ideal and well recognised courses. It is highly suggested course for those learners who don’t have time to attend the university and it is equivalent in UK to the bachelor’s year 2 of the accountancy program.

  2. Michael Bradley

    One of the ideal course as it equips the learner with the fundamental efficiency of financial management, taxation, and reporting.

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