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Flexible Payment Options
Enrol today from £150 deposit & spread the cost over 6 months.
Learn At Your Own Pace
Study wherever and whenever you want. You’ll have access to your course for two years so you can fit your learning around your other commitments.
Overview
The Level 5 Diploma in Accounting and Business is an advanced qualification designed for learners who want to strengthen their expertise in accounting, finance, and business management. This career-focused programme develops practical knowledge, strategic thinking, and leadership skills required for success in today’s global business environment.
The qualification is ideal for individuals aiming to progress into senior business roles, professional accounting careers, or university degree programmes. It combines financial management principles with modern business practices to help learners understand organisational performance, strategic planning, and effective decision-making.
Equivalent to the RQF Level 5, which is academically equivalent to Same as 2nd year of bachelor’s degree.
Benefits of Doing a Level 5 Diploma in Accounting and Business Online
Level 5 Diploma in Accounting and Business online offers learners a flexible, accessible, and career-focused route to advancing their skills within the sector. Key benefits include:
- Flexible Learning
- Learners can study at their own pace and schedule, making it easier to balance education with work, family responsibilities, or other commitments. Online learning platforms allow students to access course materials anytime and from anywhere.
- Cost-Effective
- Online learning removes the need for travel, accommodation, and other campus-related expenses, making education more affordable.
- Access to Quality Resources
- Students gain access to interactive digital learning materials, recorded lectures, case studies, and dedicated tutor support through an online learning portal.
- Career Advancement Opportunities
- The qualification develops essential leadership and management skills, supporting progression into supervisory and career roles within the finance sector.
Course Delivery
The qualification is delivered fully online through:
- Virtual Learning Platform: Access to study materials and resources 24/7.
- Tutor Support: Regular guidance via email, online forums,
- Independent Study: Learners study at their own pace with structured guidance.
- Obtain assignment: marking and feedback.
- Online Assessments: Assignments, projects, and portfolios submitted on LSM.
- Acquire: Assignment briefing, study lesson plan
- Receive excellent-quality study notes.
- Receive dedicated customer support via chat, telephone, and email (Monday to Friday)
Course Quick Summary (Ofqual Regulated UK Qualification)
- Study Mode: 100% Online, Self-paced
- Accreditation: OTHM Qualifications
- Duration: 6-8 months
- Assessment: Assignment-based (No Exams)
- Requirements: Open access / Career experience
- Tutor Support: Unlimited academic tutor guidance
Modules
The Level 5 Diploma in Accounting and Business consist of 6 mandatory unit of 120 credits.
Units are mandatory
Unit 1 Principles and Concepts of Business Strategy (20 credits)
- Understand the principles of business strategy.
- Understand key business strategy theories and concepts.
- Understand a business’s strategic options
Unit 2 Financial Management (20 credits)
- Understand the functions of financial management.
- Understand working capital management.
- Understand how capital is structured in a business.
Unit 3 Financial Planning and Control (20 credits)
- Understand the functions of financial planning and control.
- Understand sources of business finance and the techniques used to develop investment strategy.
- Understand global financial risk management
Unit 4 Financial Reporting (20 credits)
- Understand the purpose of financial reporting and budgets.
- Understand how to report on the outcome of control accounts.
- Be able to report the outcome of an investment appraisal.
Unit 5 The Management of Human Resources (20 credits)
- Understand the purpose of financial reporting and budgets.
- Understand the functions of human resource management.
- Understand how internal and external factors impact the human resource management function.
Unit 6 Business Start-up: Conception to Market (20 credits)
- Understand the fundamental requirements for starting a new business
- Understand sources of support available to new businesses.
- Be able to create a business plan for a new business to gain stakeholder support.
Entry Requirements
- To study a The Level 5 Diploma in Accounting and Business learner must be aged of 19 and above.
- No formal educational qualifications are required to study this qualification.
Qualifications
OTHM's objective is the creation and conferral of high-quality certifications that combine strict educational requirements and professional relevance. OTHM is acknowledged as an Awarding Organisation by Ofqual, the qualifications regulator for England, guaranteeing that all its programmes adhere to high regulatory standards. OTHM aligns with worldwide quality frameworks, allowing global recognition of its certifications while ensuring consistency, integrity, and excellence in its awarding processes.
Assessment requirements
- Assessment is via assignment submission only.
- No Exams
Average completion timeframe (Course Duration)
- The average time it takes our learners to complete the course is 6-8 months.
- Learners are granted a maximum of two years’ access to complete the course from the date of enrolment.
Progression – The Level 5 Diploma in Accounting and Business
Successful completion of the qualification allows learners to progress in several ways:
1. Higher Education
- Final year of a bachelor’s degree in accounting or business
- BA (Hons) Accounting and Finance
- BA (Hons) Business Management
- Level 6 Diploma qualifications
- MBA pathway programmes
- Professional accounting certifications
Many universities offer advanced entry opportunities for learners who successfully complete Level 5 qualifications.
2. Employment Opportunities
The qualification helps learners prepare for roles such as:
- Management Accountant
- Financial Analyst
- Accounts Manager
- Business Development Executive
- Payroll Manager
- Finance Officer
- Operations Manager
- Business Consultant
The qualification develops practical leadership, analytical, and financial management skills highly valued across business sectors.
| Plan Name | Regular Fee | Discounted Fee | % Discount | Deposit | Instalments | Fast Track |
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Standard Plan
RECOMMENDED
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£900 | £800.00 | — | £250 |
£130.00
5 months
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Available from as little as
Our Payment Plans
Standard Plan
Frequently Asked Questions
Answers to common questions about this course, enrolment, payments and certification.
