Accounting and finance are fundamental to every business operation. Whether in banking, manufacturing, large-scale service sectors, or small enterprises, the ability to effectively manage, plan, and account for financial resources remains a core measure of success and a driving force behind sustainable growth.
The OTHM Level 5 Diploma in Accounting and Business is designed to equip learners with the essential knowledge and practical skills expected of a middle manager. The qualification covers critical areas such as business strategy, financial management, reporting, planning and control, as well as human resource management. It also offers learners the opportunity to apply their learning by exploring the dynamics of business start-ups and crafting a professional business plan.
|
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 |
These qualifications are intended for individuals aged 18 and above. Applicants should typically meet at least one of the following criteria:
Assessment
Delivery
The most powerful benefit of Level 5 is the “top-up” opportunity.
Direct Entry to Year 3: Because you have completed the equivalent of Year 1 (Level 4) and Year 2 (Level 5), you are eligible to enter the final year of a Bachelor’s degree in Accounting or Business at various UK universities.
Significant Cost Savings: By completing the first two years via the OTHM route, you can save a substantial amount on university tuition fees compared to a standard three-year on-campus degree.
University Recognition: Institutions such as the University of Sunderland, University of Portsmouth, and Arden University recognize this qualification for advanced standing.
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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 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. |
The OTHM Level 5 Diploma in Accounting and Business program is delivered by London Campus of Higher Studies – LCHS and awarded by OTHM UK.
Upon Successful completion of OTHM Level 5 Diploma in Accounting and Business at London Campus of Higher Studies – LCHS, OTHM UK will award them Level 5 Diploma Certificates.
Level 5 provides the academic rigor required to transition into world-class professional bodies.
ACCA & CIMA Foundations: While direct exemptions depend on the specific university top-up you choose later, the Level 5 curriculum covers many of the core areas found in the Applied Skills level of the ACCA.
Preparation for Chartered Status: It builds the stamina and research skills needed to handle the high-pressure exams of the ACA or CIMA pathways.
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.
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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.
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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’.
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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.
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Our exclusive programs empower you to sharpen your strategic vision and lead modern organizations with peak efficiency.
