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OTHM Level 7 Diploma in Accounting and Finance (RQF)

£990 £690

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

The OTHM Level 7 Diploma in Accounting and Finance aims to provide learners with a core understanding of specialised & contemporary approaches to finance and accountancy, empirical & theoretical issues, academic research, key practices, and the latest developments in reporting and accountancy requirements from European, national, and local government. This Level 7 Diploma qualification is specifically designed for learners who want to pursue a professional career in accountancy, finance, management, banking, or the financial services industries.

This qualification equips learners with the essential knowledge and skills needed to pursue a high level of career in all private and public sectors globally. This qualification also provides learners with the opportunity to pursue higher studies in a relevant master’s program with advanced standing. The course is accredited by UK OFQUAL and is delivered 100% online with support.

Duration and Delivery

This level 7 online accountancy course is designed to be completed over one 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 with online tutor support.

Assessment and Verification

All units within this course are internally verified by our qualified 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 course is the Regulated Qualifications Framework (RQF) equivalent to a Master’s degree. Compared to a Master’s degree, however, the Level 7 Diploma takes less time, and learners can also choose to proceed to the dissertation level of 60 credits with a University to complete a Master’s programme.

Progression

Successful completion of OTHM Level 7 Diploma in Accounting and Finance qualification enables learners to progress onto a professional career and/or continue to higher studies. As this qualification is regulated and approved by OFQUAL (Office of Qualifications and Examinations Regulation), students are eligible to progress for Master’s top-up programmes at the University of Northampton.

Quick Enquiry

  • Eligibility Criteria

    For entry into this course, students must meet the following criteria:
    • A UK level 6 diploma, an honours degree, or equivalent qualification.
    • Mature learners are also advised to have management experience
    • The learner should be 21 or older during enrollment.

  • 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:
    • Being a native English language speaker
    • Having achieved an IELTS 5.5 or equivalent
    • Having had your last two years of schooling in English
    • Passing our online English language test

Full Payment
Monthly Instalment

Standard

£690
  • 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 5-7 Working Days*
    *Average time taken for assessment feedback is 4 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

£760
  • 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 3-5 Working Days*
    *Average time taken for assessment feedback is 2.8 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

£830
  • 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 4-6 Working Days*
    *Average time taken for assessment feedback is 3.5 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

£794
  • £79.35/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 5-7 Working Days*
    *Average time taken for assessment feedback is 4 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

£873
  • £87.29/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 3-5 Working Days*
    *Average time taken for assessment feedback is 2.8 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

£952
  • £79.35/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 4-6 Working Days*
    *Average time taken for assessment feedback is 3.5 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 £300 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 qualifications must you meet to enrol in this course?
  • An honours degree in a relevant field, a UK level 6 diploma, or a comparable international credential.
  • A learner must be 18 or over at the time of enrolment
  • A learner over 21 years must have managerial experience. 
  • Non-native English speakers must have an IELTS score of 5.5. 
What opportunities might someone with this qualification obtain?

The OTHM Level 7 Diploma in Accounting and Finance paves the way for learners to advance into or within the workforce and continue their further education. Learners also have opportunities to move to master’s top-up programmes at universities in the UK and abroad with advanced standing because this qualification is approved and governed by Ofqual (regulatory body).

What is the equivalence of this diploma?

OTHM Level 7 Diploma in Accounting and Finance (RQF) is at the same level as master’s degrees.

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3 reviews for OTHM Level 7 Diploma in Accounting and Finance (RQF)

  1. Sophie Goodwin

    I’m thankful to BSLM over offering the most expensive and demanding course on discount these days, as it has helped me in gaining the required knowledge and securing good grades in the end.

  2. Eve Bull

    One of the highly demanding courses, and its useful for the gain of core understanding of specialised & contemporary approaches to finance and accountancy, empirical & theoretical issues.

  3. Harry Kent

    One of the highly demanding courses, and its useful for the gain of core understanding of specialised & contemporary approaches to finance and accountancy, empirical & theoretical issues.

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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.