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Undergraduate

OTHM Level 5 Extended Diploma in Accounting & Business

240

Credits
  • Duration:
    2 Year | Flexible Duration
  • Mode of Study:
    Online | Blended Learning
  • English:
    Language

OTHM Level 5 Extended Diploma in Accounting & Business

The OTHM Level 5 Extended Diploma in Accounting & Business is designed to equip aspiring professionals with a sophisticated understanding of the modern corporate landscape. By blending academic rigor with practical application, this course empowers learners to manage business finances effectively while driving organizational growth.

Spanning two years of intensive study, the curriculum evolves from foundational accounting principles and quantitative methods in Level 4 to advanced strategic management and financial reporting in Level 5. Whether you are looking to enter the workforce as a skilled manager or progress toward a full Honours degree, this qualification provides the technical terminology and specialist skills necessary to succeed in any financial or commercial sector.

Diploma Price

£1,650.00
Regular Fee £ 2000.00

Payment Options
  • One Time Payment
  • 6 Installments
  • 10 Installments

Qualification Structure

The OTHM Level 5 Extended Diploma in Accounting & Business comprises 12 mandatory units, six at Level 4 and six at Level 5 equally contributing 120 credits per level, totaling 240 credits. The qualification is structured around a Total Qualification Time (TQT) of 2,400 hours, with a minimum of 1,200 Guided Learning Hours (GLH) recommended to support successful completion.

Level 4: Mandatory Units

Ref. No.

 Unit title

Level

Credit

GLH

TQT
H/650/1099

 Academic Writing and Research Skills

4

20

100

200

T/650/1760

 Business and the Economic Environment

4

20

100

200

R/650/1912

 Principles of Financial Accounting

4

20

100

200

M/650/1911

 Quantitative Methods in a Business Context

4

20

100

200

Y/650/1914

 Management Accounting

4

20

100

200

T/650/1148

 Leading and Managing Teams

4

20

100

200

Level 5: Mandatory Units

Ref. No.

 Unit title

Level

Credit

GLH

TQT
A/650/2356

 Principles and Concepts of Business Strategy

5

20

100

200

F/650/1917

 Financial Management

5

20

100

200

R/650/1912

 Financial Planning and Control

5

20

100

200

H/650/1918

 Financial Reporting

5

20

100

200

J/650/1919

 The Management of Human Resources

5

20

100

200

M/650/1155

 Business Start-up: Conception to Market

5

20

100

200

Entry Requirements

These qualifications are intended for individuals aged 18 and above. Applicants should typically meet at least one of the following criteria:

  •  Relevant Level 3 Diploma qualification or equivalent qualification
  • Completion of GCE A-levels in 2 subjects or an equivalent academic achievement
  • Learners should have a suitable level of English language proficiency
  • Mature learners (over 21) with relevant management experience LCHS ensures learners are appropriately assessed and placed to support successful completion of the programm.

Assessment & Delivery

Assessment

  • All units are assignment-based
  • No written examinations
  • Internally assessed and externally verified by OTHM
  • Learners are assessed against clearly defined learning outcomes

Delivery

  • Delivered through online and blended learning
  • Flexible study options for full-time and part-time learners
  • Tutor guidance and academic support provided throughout the programme

Benefits of Studying This Course

  • Gain a UK-recognised OFQUAL regulated qualification
  • Academic Progression: Direct Entry to the Final Year

The most powerful benefit of Extended Level 5 is the “top-up” opportunity.

  • Level 4 & 5 Equivalence: This Extended Diploma is equivalent to the first two years of a three-year UK Bachelor’s degree.
  • Final Year “Top-Up”: Upon completion, you are eligible to enter directly into the final year (Level 6) of a Bachelor’s degree at many UK and international universities. This allows you to earn a full degree in just one additional year.
  •  
  • Flexible learning options suitable for international and working learners
  • Assignment-based assessment with no exam pressure

 

Top Skills You Will Learn

The OTHM Level 5 Diploma in Accounting and Business (equivalent to the second year of a UK Bachelor’s degree) is designed to bridge the gap between technical accounting and strategic management. While Level 4 focuses on foundational “how-to” skills, Level 5 prepares you for the responsibilities of a middle manager.

Here are the top skills you will master upon completing this diploma:

Skill Transition: From Level 4 to Level 5

Skill Area Level 4 (Technical Focus) Level 5 (Strategic Focus)
Finance Recording transactions. Managing capital and global risk.
Planning Creating departmental budgets. Long-term corporate financial planning.
Leadership Leading a small team. Managing HR strategy and business units.
Strategy Understanding the economy. Creating competitive market strategies.

Awarded By

The OTHM Level 5 Extended Diploma in Accounting & Business program is delivered by London Campus of Higher Studies – LCHS and awarded by OTHM UK.

Upon Successful completion of OTHM Level 5 Extended Diploma in Accounting & Business at London Campus of Higher Studies – LCHS, OTHM UK will award them Level 5 Extended Diploma Certificates.

Comparison: OTHM Pathway vs. Traditional University

Feature

OTHM Extended Diploma (L4+L5)

Traditional University (Year 1 & 2)

Cost

Significantly Lower

High (Tuition + Campus Fees)

Assessment

Assignment-based (Practical)

Exams + Assignments

Entry Requirements

More flexible (Work experience counts)

Strict academic grades (A-Levels/IB)

Outcome

240 Credits + Level 5 Diploma

240 Credits + No Diploma (usually)

Final Goal

Direct Entry to Final Year Degree

Progress to Final Year Degree

Academic Progression

Upon successful completion of the Level 5 Extended Diploma in Accounting & Business learners may progress to:

OTHM Level 6 Diploma in Accounting & Business

Eligible to enter the final year of a Bachelor’s degree

Career Opportunities

Level 5 Extended Diploma in Accounting & Business prepares you to manage the entire financial health of an organization.

  • Financial Analyst
  • Tax Consultant/Adviser
  • Audit Associate
  • Financial Controller

Contact Info

London Campus of Higher Studies

Southbridge House
Southbridge Place, Croydon,

London,
CR0 4HA

+44 20 82404462
info@lchs.org.uk

Mon – Fri 9:00A.M. – 5:00P.M.

Social Info

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Benefits
Self Development
Student Support
Financial Support

Why Choose LCHS?

We can offer you a globally accessible learning experience designed for students from all backgrounds. With internationally recognised qualifications, flexible study options, and a strong focus on learner support, we provide an inclusive academic environment where every student can succeed regardless of location or schedule.

Our Learning Management System (LMS) offers a structured digital environment where students can access course content, participate in assessments, and monitor their academic progress. With integrated support tools and flexible learning pathways, the LMS enhances both the quality and accessibility of the educational experience.

 

Self Development

LCHS is committed to supporting your self‑development through a range of programmes designed to build confidence, enhance personal skills, and strengthen your ability to succeed in both academic and professional settings. From communication and leadership to critical thinking and time management, we provide the tools you need to grow holistically.

We believe every learner’s journey is unique. That’s why our bespoke progression pathways are designed to offer personalised direction, helping students move confidently from one stage of their education to the next while developing the skills and knowledge needed for long‑term success.

 

Student Support

We place student support at the heart of our learning experience. Whether you need academic guidance, help navigating your course, or someone to answer your questions along the way, our dedicated support team is always ready to assist.

Our institute provides structured student coaching aimed at aligning academic performance with career objectives. Through targeted guidance and reflective planning, we assist learners in identifying suitable progression routes and developing the competencies required for their chosen fields. We operate with a simple mindset, ‘Your success is our priority’.

 

Financial Support

We understand that funding your education can be challenging, which is why we provide convenient instalment plans to support you. These flexible payment options help you manage your tuition fees comfortably while staying focused on your learning journey.

By offering flexible payment schedules, we ensure that learners can access high‑quality education without compromising their financial stability. For further information on setting up a flexible payment plan, please connect with our admissions team. They look forward to supporting you as you begin your chosen programme.

 

Our exclusive programs empower you to sharpen your strategic vision and lead modern organizations with peak efficiency.

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