Overview
The objective of the OTHM Level 4 Diploma in Accounting and Business qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth.
The Level 4 units combine both theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams.
Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their accounting and business and management skills and to progress to further study or employment.
Entry requirements
These qualifications are designed for learners who are typically aged 18 and above.
The entry profile for learners is likely to include at least one of the following:
- Relevant Level 3 Diploma qualification or equivalent qualification
- GCE Advanced level in 2 subjects or equivalent qualification
- Mature learners (over 21) with relevant management experience
- English requirements: If a learner is not from a majority English-speaking country, they must provide evidence of English language competency.
Equivalences
OTHM qualifications at Level 4 in academic terms is considered equivalent to Higher National Certificates (HNC) and Year 1 of a three-year UK Bachelor’s degree programme.
Qualification structure
The OTHM Level 4 Diploma in Accounting and Business qualification consists of 6 following mandatory for a combined total of 120 credits:
Mandatory units
- Academic Writing and Research Skills (20 credits)
- Business and the Economic Environment (20 credits)
- Principles of Financial Accounting (20 credits)
- Quantitative Methods in a Business Context (20 credits)
- Management Accounting (20 credits)
- Leading and Managing Teams (20 credits)
Duration and delivery
The qualification is designed to be delivered over one academic year for full-time study, but it is also flexible in its delivery to accommodate part-time and distance learning students. The qualification is delivered face-to-face and online through lectures, tutorials, seminars, distance or class sessions.
Assessment and verification
All units within this qualification are internally assessed by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.
To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria.
Progressions
Successful completion of the OTHM Level 4 Diploma in Accounting and Business qualification provides learners the opportunity to progress to OTHM Level 5 Diplomas or OTHM Level 5 Extended Diploma in Accounting and Business qualification.
After achievement of Level 4 Diploma in Accounting and Business learners are eligible to gain direct entry into Year 2 of a three-year UK Bachelor’s degree programme if they want to study as on-campus student in accredited universities of UK.
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